| Date | 12 August 1932 — 8:00 | |
|---|---|---|
| Status | Olympic | |
| Location | Los Angeles Memorial Coliseum, Los Angeles, California | |
| Participants | 15 from 6 countries | |
| Format | Separate competition unrelated to all-around, with specialists allowed to compete on the apparatus. Score based on compulsory and optional exercises on apparatus. | |
There were 15 competitors from six nations on parallel bars. The gymnasts performed a compulsory and a voluntary exercise, with total points determining the final standings. The event was held separately from the all-around. The medalists were exactly the same as in the individual all-around - Romeo Neri, followed by István Pelle and then Heikki Savolainen. Neri posted the highest score in both exercises.
| Pos | Competitor | NOC | Points | 1st Exercise Points | 2nd Exercise Points | |||
|---|---|---|---|---|---|---|---|---|
| 1 | Romeo Neri |  ITA | 56.9 | 28.2 | 28.7 | Gold | ||
| 2 | István Pelle |  HUN | 55.8 | 27.7 | 28.1 | Silver | ||
| 3 | Heikki Savolainen |  FIN | 54.8 | 27.5 | 27.3 | Bronze | ||
| 4 | Mauri Noroma | FIN | 53.4 | 27.7 | 25.7 | |||
| 5 | Mario Lertora | ITA | 52.6 | 26.9 | 25.7 | |||
| 6 | Al Jochim |  USA | 52.4 | 26.6 | 25.8 | |||
| =7 | József Hegedűs | HUN | 51.9 | 25.7 | 26.2 | |||
| =7 | Miklós Péter | HUN | 51.9 | 26.2 | 25.7 | |||
| 9 | Michael Schuler | USA | 51.8 | 25.7 | 26.1 | |||
| 10 | Savino Guglielmetti | ITA | 51.1 | 25.0 | 26.1 | |||
| 11 | Frank Haubold | USA | 50.7 | 25.3 | 25.4 | |||
| 12 | Toshihiko Sasano |  JPN | 48.2 | 24.1 | 24.1 | |||
| 13 | Vicente Mayagoitia |  MEX | 44.9 | 21.0 | 23.9 | |||
| 14 | Mahito Haga | JPN | 41.9 | 20.5 | 21.4 | |||
| 15 | Francisco José Álvarez | MEX | 41.2 | 20.2 | 21.0 |
