PH · 10-K · 2026A · Full report

End-Market Demand Trends

Parker-Hannifin Corp · 2026-08-21 · Importance 31 · Surprise 32

Diversified Industrial organic sales grew 3.4% in 2026, with North American growth of 3.1% driven by in-plant and industrial equipment, aerospace and defense, and off-highway demand. Lower transportation demand partially offset those gains. International organic sales grew 3.9%, supported by Asia Pacific demand in electronics and semiconductor and in-plant and industrial equipment markets, while transportation demand was lower.

Key facts

• Parker-Hannifin's North America Diversified Industrial organic sales increased 3.1%, or $252 million, in 2026, driven by in-plant and industrial equipment, aerospace and defense, and off-highway demand, partly offset by lower transportation demand. source