Parker-Hannifin Reports Q1 Fiscal 2027 Results, Raises Full-Year Outlook
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.
Key points
- 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.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Nov 5, 2026, 8:16 AM ET, from the text of the filing and its press-release exhibits only.
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