Nov 5, 7:52 AM ET
Parker-Hannifin Corporation reported record sales of $6.0 billion and increased net income for the fiscal first quarter ended September 30, 2026, alongside the completion of the Filtration Group acquisition. Driven by double-digit organic growth and record order rates pushing backlog to $13.7 billion, management raised full-year fiscal 2027 guidance for sales growth, adjusted margins, EPS, and free cash flow. This performance demonstrates strong demand across all market verticals and positive integration progress for shareholders.
- Sales for the quarter ended September 30, 2026, increased 18% to a record $6.0 billion, with organic sales up 11.5%.
- Diluted earnings per share reached $6.92, while adjusted EPS rose 23% to a record $8.90.
- Order rates increased 13% on a rolling 12-month basis, bringing total backlog to a record $13.7 billion.
- Full-year fiscal 2027 guidance was raised for organic sales growth, adjusted segment operating margin, adjusted EPS, and free cash flow.
Read the filing on SEC.gov ↗
Aug 13, 4:05 PM ET
Parker-Hannifin completed its acquisition of Filtration Group on August 13, 2026, for a cash purchase price of $9.25 billion, subject to a net working capital adjustment. The company borrowed $5.25 billion under a 364-Day delayed draw term loan and $2.50 billion under a Three-Year delayed draw term loan to help pay the purchase price and related fees and expenses.
- Cash purchase price of $9.25 billion on a cash-free, debt-free basis, subject to a net working capital adjustment
- Merger completed August 13, 2026, under the Merger Agreement signed November 10, 2025
- Borrowed $5.25 billion under the 364-Day Credit Facility and $2.50 billion under the Three-Year Credit Facility on August 13, 2026
- Credit agreements dated December 10, 2025, with Barclays Bank PLC and KeyBank National Association as administrative agents
Read the filing on SEC.gov ↗
Aug 6, 7:59 AM ET
Parker Hannifin reported fourth-quarter fiscal 2026 sales of $5.8 billion, up 9.8%, and diluted EPS of $8.54, up 19% from $7.15 a year earlier. The company guided fiscal 2027 EPS to $30.00 to $31.00, excluding pending acquisitions, and raised its adjusted segment operating margin target to 30% by fiscal 2031.
- Q4 net income was $1.1 billion, up 18%; adjusted EPS was $9.27, up 21%, which includes an $84 million tariff refund benefit to cost of sales.
- Fiscal 2027 guidance: reported sales growth of 5.5% to 8.5% and EPS of $30.00 to $31.00, or $34.25 to $35.25 adjusted.
- Adjusted segment operating margin target raised by 300 basis points to 30% by fiscal 2031.
- Fiscal 2026 cash flow from operations was $4.4 billion, and the company returned nearly $2 billion to shareholders.
Read the filing on SEC.gov ↗
Apr 30, 7:59 AM ET
Parker Hannifin reported record fiscal third-quarter sales of $5.5 billion, up 11%, and adjusted EPS of $8.17, up 18%. The company raised its fiscal 2026 outlook, now expecting adjusted EPS of $31.20, and GAAP net income and diluted EPS declined year over year because the prior-year period included a one-time $180 million tax benefit.
- Q3 sales rose 11% to a record $5.5 billion, with organic sales up 6.5%.
- Diluted EPS was $7.06, down from $7.37 a year earlier, which included a one-time $1.37 discrete tax benefit; adjusted EPS rose 18% to a record $8.17.
- Fiscal 2026 guidance: EPS of $27.10 ($31.20 adjusted) and reported sales growth of 7%.
- Backlog reached a record $12.5 billion, and the company repurchased $275 million of shares in the quarter.
Read the filing on SEC.gov ↗
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