PH · Full Picture

Parker-Hannifin Corp — the full picture

Earnings window · 2026-07-16 to 2026-08-09

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

1. Revenue Guidance and Outlook · Guidance & outlookPriority 90
   +43.7% revenue; 3 sources (news, press_release, transcript); 17 forward row(s); quote_verified
   FY '27 reported sales growth guidance: 5.5% to 8.5%, midpoint 7%, equates to approximately $23 billion in annual sales
2. Revenue Performance and Mix · Revenue growth & mixPriority 74
   +37.6% revenue (realized); 3 sources (news, press_release, transcript); quote_verified
   Pro forma sales today: approximately 65% from the combined technology platforms (Aerospace, Engineered Materials, Filtration)
3. Order Backlog and Book-to-Bill · Demand, orders & backlogPriority 73
   3 sources (news, press_release, transcript); 2 forward row(s); quote_verified
   Another report cited a record $12.8 billion backlog and fiscal 2027 EPS guidance of $34.25-$35.25.
4. Aerospace Revenue and Backlog · Demand, orders & backlogPriority 71
   +7.2% revenue; 6 forward row(s); quote_verified
   Aerospace backlog up 15% versus prior year to a record $8.5 billion
5. Geographic Revenue Trends · UnclassifiedPriority 71
   +10.2% revenue; 2 forward row(s); quote_verified
   FY '27 North American businesses organic growth expected 6.5% at the midpoint
6. Income Tax Rate Changes · TaxPriority 65
   2 sources (press_release, transcript); 1 forward row(s); quote_verified
   FY '27 full-year tax rate guided to 22.5%
7. Capital Return Program · Buybacks & dividendsPriority 59
   2 sources (news, press_release); 1 forward row(s); quote_verified
   The company increased the annual dividend 11%, marking 70 consecutive fiscal years of increasing annual dividends per share paid.
8. Operating Margin Targets and Performance · Operating income & profitabilityPriority 56
   +1.8% margin; 4 forward row(s); quote_verified
   New adjusted segment operating margin target: 30% by fiscal year '31 (300 basis point increase)
9. Operating Margin Drivers · UnclassifiedPriority 55
   +2.5% margin; 2 sources (news, press_release); 2 forward row(s); quote_verified
   Parker raised its adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031.
10. Acquisitions and Divestitures · M&A and divestituresPriority 54
    +0.4% revenue; 3 sources (news, press_release, transcript); 8 forward row(s); quote_verified
    Parker announced the acquisition of CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion in cash.
11. Cash Flow and Capital Allocation · UnclassifiedPriority 54
    2 forward row(s); quote_verified
    Committed to a 17% free cash flow margin target over the cycle
12. End-Market Demand Trends · Demand, orders & backlogPriority 52
    2 sources (press_release, transcript); 5 forward row(s); quote_verified
    Management expects in-plant and industrial mid-single-digit growth in FY '27 with distribution recovery broadening

Threads by pillar

Revenue & Demand Priority 84 · 6 threads

• Order Backlog and Book-to-BillPriority 73 · News, Release, Call
• Aerospace Revenue and BacklogPriority 71 · Call
• End-Market Demand TrendsPriority 52 · Release, Call
• Aerospace Demand GrowthPriority 24 · News
• Revenue Performance and MixPriority 74 · News, Release, Call
• Geographic Market CommentaryPriority 33 · Release

Costs & Margins Priority 63 · 3 threads

• Operating Margin Targets and PerformancePriority 56 · Call
• Headcount and RestructuringPriority 50 · Release, Call
• Manufacturing and CapacityPriority 34 · Call

Capital & Balance Sheet Priority 77 · 5 threads

• Income Tax Rate ChangesPriority 65 · Release, Call
• Capital Return ProgramPriority 59 · News, Release
• Operating Cash Flow TrendsPriority 50 · Release
• Liquidity and Debt PositionPriority 50 · Call
• Capital Expenditure OutlookPriority 47 · Call

Strategy & Portfolio Priority 57 · 2 threads

• Acquisitions and DivestituresPriority 54 · News, Release, Call
• Order Reporting StrategyPriority 34 · Call

Guidance & Outlook Priority 90 · 1 thread

• Revenue Guidance and OutlookPriority 90 · News, Release, Call

Macro & Market Conditions Priority 43 · 1 thread

• FX / Currency HeadwindsPriority 43 · Call

Unclassified Priority 84 · 5 threads

• Geographic Revenue TrendsPriority 71 · Call
• Operating Margin DriversPriority 55 · News, Release
• Cash Flow and Capital AllocationPriority 54 · Call
• Liquidity and Debt PositionPriority 48 · Release
• Pricing and Input CostsPriority 43 · Call

Expected impact by metric