PH · Industrials

Parker-Hannifin Corp

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Guidance / OutlookImportance 74 · Surprise 68
  Parker’s fiscal 2027 outlook calls for approximately 7% organic sales growth. Adjusted fiscal 2027 EPS guidance was reported at $34.25 to $35.25, above the prior-year adjusted EPS of $32.31. Management also raised its…
• Order Backlog and Book-to-BillImportance 66 · Surprise 40
  Parker-Hannifin’s companywide orders increased 19% year over year, signaling a broad recovery in customer spending across its industrial and aerospace markets. The company carried a record backlog reported at…

Earnings call · 2026-08-06

• Revenue Guidance and OutlookImportance 83 · Surprise 76
  Parker initiated fiscal 2027 reported and organic sales growth guidance of 5.5% to 8.5%, or 7% at the midpoint, equivalent to approximately $23 billion of annual sales. The guidance assumes 6.5% organic growth for…
• Acquisitions and DivestituresImportance 72 · Surprise 60
  Parker completed the $1 billion acquisition of Curtis Instruments in September 2025 to enhance electrification capabilities, adding approximately 1.5% to fourth-quarter sales and 0.5% to fiscal 2027 sales. The company…
• Operating Margin Targets and PerformanceImportance 70 · Surprise 58
  Fiscal 2026 adjusted segment operating margin expanded 120 basis points to a record 27.3%, exceeding Parker's fiscal 2029 target ahead of schedule. Fourth-quarter adjusted segment operating margin increased 110 basis…
• Aerospace Revenue and BacklogImportance 65 · Surprise 40
  Aerospace fourth-quarter sales rose 13.4% organically to a record $1.9 billion, with adjusted operating margin reaching 29.8%. Aerospace orders increased 18%, with double-digit growth in commercial OEM, commercial…
• Order Backlog and Book-to-BillImportance 61 · Surprise 32
  Total orders increased 19% on the three-month comparison and 12% on a rolling 12-month basis, while backlog increased 16% year over year to a record $12.8 billion. North American orders rose 16% on the three-month…
• Liquidity and Debt PositionImportance 57 · Surprise 32
  Parker reduced debt by $1 billion during the fourth quarter despite nearly $15 billion of fiscal 2026 capital deployment actions. Net debt to adjusted EBITDA declined to 1.4x from 1.7x a year earlier. Fiscal 2027…
• Pricing and Input CostsImportance 55 · Surprise 42
  Management said Parker intends to cover cost increases from tariffs, labor, logistics, and commodities through pricing in fiscal 2027. Outside Aerospace, the company expects to return to a more normal pricing…
• Cash Flow and Capital AllocationImportance 53 · Surprise 32
  Fiscal 2026 operating cash flow reached a record $4.4 billion, up 16% year over year and equal to 20.3% of sales. Free cash flow increased 17% to a record $3.9 billion, representing an 18.2% margin and 107% conversion.…
• Data Center Revenue ExposureImportance 52 · Surprise 56
  Parker said its data center exposure increased to approximately 1.5% of sales from the previously cited 1% and is expected to continue growing. The company supplies hoses, couplings, manifolds, fittings, engineered…
• Capital Expenditure OutlookImportance 50 · Surprise 42
  Management said Parker has invested in manufacturing capacity during the last several years and has additional capacity expansion planned for fiscal 2027. Capital expenditures are expected to remain around 2.5% of…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal 2026 sales reached a record $21.5 billion, surpassing $20 billion for the first time, while organic growth accelerated to 6.6%. Fourth-quarter sales increased 10% year over year to a record level, including 8%…
• Manufacturing and CapacityImportance 43 · Surprise 42
  Parker invested in manufacturing capacity over the last several years and has additional capacity expansion planned for fiscal 2027. Some businesses already have sufficient capacity, while others require targeted…
• End-Market Demand TrendsImportance 41 · Surprise 24
  Management expects positive growth across all market verticals, supported by broadening industrial recovery and sustained aerospace and defense demand. In-plant and industrial demand is gradually accelerating, with…
• Income Tax Rate ChangesImportance 37 · Surprise 24
  Fiscal 2026 income tax was $0.07 unfavorable to the prior year on adjusted EPS because the prior year benefited from higher favorable discrete items. Parker guided to a 22.5% full-year adjusted tax rate for fiscal…
• Geographic Revenue TrendsImportance 36 · Surprise 32
  International fourth-quarter sales reached a record $1.6 billion, with organic growth of 6.5% compared with 5% organic growth in North America. Asia Pacific was the strongest international region, growing organically…
• FX / Currency HeadwindsImportance 36 · Surprise 24
  Fiscal 2027 guidance assumes currency will be slightly unfavorable by approximately 0.5 percentage point based on June 30 spot rates. Management also expects corporate G&A and other expense to be unfavorable by $0.14…
• Distribution Channel RecoveryImportance 35 · Surprise 24
  Distribution orders strengthened materially in the fourth quarter and supported management’s view that the industrial recovery is broadening. Some distributors are stocking for customer projects and anticipated…
• Order Reporting StrategyImportance 25 · Surprise 42
  Beginning in fiscal 2027, Parker will replace quarterly Industrial order-rate comparisons with rolling 12-month order rates across all businesses. Management said the portfolio has changed materially through…
• Headcount and RestructuringImportance 5 · Surprise 6
  Parker reported a 9% reduction in its recordable incident rate during fiscal 2026, its safest year ever, but management did not disclose workforce reductions or restructuring charges. The company stated that…

8-K · 2026-08-06

• Guidance and OutlookImportance 74 · Surprise 68
  Parker forecast fiscal 2027 reported and organic sales growth of 5.5% to 8.5%, with approximately 0.5% unfavorable currency and 0.5% contribution from previously completed acquisitions. Fiscal 2027 reported segment…
• Guidance / OutlookImportance 74 · Surprise 68
  Parker forecasts fiscal 2027 reported and organic sales growth of 5.5% to 8.5% for the year ending June 30, 2027. The forecast includes approximately 0.5% unfavorable currency impact and approximately 0.5% contribution…
• Acquisitions and DivestituresImportance 71 · Surprise 60
  Parker completed the acquisition of Curtis Instruments, Inc. during fiscal 2026. The company also announced agreements to acquire Filtration Group Corporation and CIRCOR International Inc.'s Commercial and Defense…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Parker completed the acquisition of Curtis Instruments, Inc. during fiscal 2026. The company also announced agreements to acquire Filtration Group Corporation and CIRCOR International Inc.'s Commercial and Defense…
• Headcount and RestructuringImportance 66 · Surprise 74
  Fiscal 2026 business realignment charges totaled $72 million, up from $53 million in fiscal 2025. Fourth-quarter business realignment charges were $19 million, compared with $14 million in the prior-year quarter. The…
• Income Tax Rate ChangesImportance 64 · Surprise 56
  Fiscal 2026 income taxes increased to $914 million from $575 million, while pretax income increased to $4,563 million from $4,107 million. The reported effective tax rate rose to approximately 20.0% from approximately…
• Operating Cash Flow TrendsImportance 54 · Surprise 40
  Fiscal 2026 cash flow from operations reached a record $4,364 million, up from $3,776 million in fiscal 2025. Operating cash flow represented 20.3% of fiscal 2026 sales. Capital expenditures increased to $459 million…
• Order Backlog and Book-to-BillImportance 49 · Surprise 32
  Fourth-quarter order rates increased 19% for Parker, including 16% in Diversified Industrial North America, 24% in Diversified Industrial International, and 18% in Aerospace Systems. On an updated rolling 12-month…
• Capital Return ProgramImportance 46 · Surprise 22
  Parker returned nearly $2 billion to shareholders during fiscal 2026 through share repurchases and dividends. The company paid $936 million of dividends and used $1,262 million to repurchase common shares during the…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal 2026 fourth-quarter sales increased 9.8% year over year to $5,755 million, including 8.0% organic growth, while full-year sales rose 8.3% to $21,499 million, including 6.6% organic growth.
• Liquidity and Debt PositionImportance 42 · Surprise 14
  Cash and cash equivalents increased to $501 million as of June 30, 2026 from $467 million a year earlier. Total debt, including current maturities, declined to $8,520 million from $9,285 million, consisting of $1,754…
• End-Market Demand TrendsImportance 42 · Surprise 40
  Diversified Industrial North America reported 5% organic sales growth as the industrial recovery broadened, with sales improvement across all market verticals. Aerospace Systems delivered double-digit growth in all…
• Segment Operating MarginsImportance 36 · Surprise 40
  Fourth-quarter segment operating margin increased 260 basis points year over year to 26.5%, while adjusted segment operating margin increased 110 basis points to 28.0%. Full-year segment operating margin increased 150…
• Geographic Market CommentaryImportance 36 · Surprise 40
  Diversified Industrial International businesses achieved 6.5% organic sales growth in the fourth quarter, led by Asia Pacific growth of 15.9%. EMEA organic sales growth was 0.6%, while Latin America declined 2.6%. On a…

News · 2026-08-06

• Guidance and OutlookImportance 74 · Surprise 68
  Parker-Hannifin provided fiscal 2027 guidance calling for organic sales growth of approximately 7% and adjusted EPS of $34.25–$35.25, with the fiscal year ending June 30, 2027. Management also raised its long-term…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Parker completed its acquisition of Curtis Instruments, Inc. during fiscal 2026. The company also announced agreements to acquire Filtration Group Corporation and CIRCOR International’s Commercial and Defense Aerospace…
• Order Backlog and Book-to-BillImportance 66 · Surprise 40
  Parker-Hannifin’s companywide orders increased 19% year over year, signaling a broad recovery in customer spending across its industrial and aerospace markets. The company carried a record backlog reported at…
• Capital Return ProgramImportance 62 · Surprise 58
  Parker-Hannifin returned nearly $2 billion to shareholders during fiscal 2026 through share repurchases and dividends. The company increased its annual dividend by 11%, extending its record to 70 consecutive fiscal…
• Operating Margin DriversImportance 51 · Surprise 50
  Fourth-quarter segment operating margin increased 260 basis points year over year to 26.5%, or 28.0% on an adjusted basis, which was up 110 basis points. Full-year segment operating margin increased 150 basis points to…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal fourth-quarter sales increased 9.8% year over year to a record $5.8 billion, including 8.0% organic growth. Fiscal 2026 full-year sales increased 8.3% to a record $21.5 billion, with organic sales growth of…
• Aerospace Demand GrowthImportance 20 · Surprise 24
  Aerospace was identified as a key growth driver for Parker-Hannifin’s fiscal fourth-quarter performance. The company reported record performance in its Aerospace Systems segment, with analysts attributing the strength…

News · 2026-08-04

• Guidance / OutlookImportance 74 · Surprise 68
  Parker’s fiscal 2027 outlook calls for approximately 7% organic sales growth. Adjusted fiscal 2027 EPS guidance was reported at $34.25 to $35.25, above the prior-year adjusted EPS of $32.31. Management also raised its…
• Order Backlog and Book-to-BillImportance 66 · Surprise 40
  Parker-Hannifin’s companywide orders increased 19% year over year, signaling a broad recovery in customer spending across its industrial and aerospace markets. The company carried a record backlog reported at…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal fourth-quarter sales increased 9.8% year over year to a record $5.8 billion, including 8.0% organic growth. Fiscal 2026 full-year sales increased 8.3% to a record $21.5 billion, with organic sales growth of…