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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Parker Hannifin Corp annual/quarterly Amortization of Intangible Assets history and growth rate from 2011 to 2024.
- Parker Hannifin Corp Amortization of Intangible Assets for the quarter ending September 30, 2023 was $156M, a 79.3% increase year-over-year.
- Parker Hannifin Corp annual Amortization of Intangible Assets for 2024 was $578M, a 15.4% increase from 2023.
- Parker Hannifin Corp annual Amortization of Intangible Assets for 2023 was $501M, a 59.6% increase from 2022.
- Parker Hannifin Corp annual Amortization of Intangible Assets for 2022 was $314M, a 3.39% decline from 2021.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)