<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PARKER-HANNIFIN CORPORATION'S REPORT ON FORM 10-K FOR ITS FISCAL YEAR ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> JUN-30-1998 <CASH> 30,488 <SECURITIES> 0 <RECEIVABLES> 642,320 <ALLOWANCES> 9,004 <INVENTORY> 944,271 <CURRENT-ASSETS> 1,780,075 <PP&E> 2,345,109 <DEPRECIATION> 1,209,884 <TOTAL-ASSETS> 3,524,821 <CURRENT-LIABILITIES> 988,770 <BONDS> 623,169 <COMMON> 55,906 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,627,544 <TOTAL-LIABILITY-AND-EQUITY> 3,524,821 <SALES> 4,633,023 <TOTAL-REVENUES> 4,633,023 <CGS> 3,550,992 <TOTAL-COSTS> 3,550,992 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,267 <INTEREST-EXPENSE> 52,787 <INCOME-PRETAX> 503,988 <INCOME-TAX> 180,762 <INCOME-CONTINUING> 323,226 <DISCONTINUED> 0 <EXTRAORDINARY> (3,675) <CHANGES> 0 <NET-INCOME> 319,551 <EPS-PRIMARY> 2.88 <EPS-DILUTED> 2.85