<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PARKER-HANNIFIN CORPORATION'S REPORT ON FORM 10-Q FOR ITS QUARTERLY PERIOD ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> DEC-31-1996 <CASH> 42,732 <SECURITIES> 0 <RECEIVABLES> 456,508 <ALLOWANCES> 6,781 <INVENTORY> 714,844 <CURRENT-ASSETS> 1,382,593 <PP&E> 2,112,068 <DEPRECIATION> 1,119,619 <TOTAL-ASSETS> 2,887,622 <CURRENT-LIABILITIES> 691,359 <BONDS> 437,953 <COMMON> 37,205 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,424,119 <TOTAL-LIABILITY-AND-EQUITY> 2,887,622 <SALES> 1,928,915 <TOTAL-REVENUES> 1,928,915 <CGS> 1,515,821 <TOTAL-COSTS> 1,515,821 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 877 <INTEREST-EXPENSE> 24,256 <INCOME-PRETAX> 161,982 <INCOME-TAX> 58,313 <INCOME-CONTINUING> 103,669 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 103,669 <EPS-PRIMARY> 1.39 <EPS-DILUTED> 1.38