PH · 10-K · 2026A

Parker-Hannifin Corp

Filed 2026-08-21 · Industrials · View original filing on EDGAR

Everything PH's SEC filings said, ranked

Ranked Events

• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Parker completed its acquisition of Curtis on September 18, 2025, for approximately $1.0 billion, net of cash acquired; the acquisition increased Diversified Industrial sales by approximately $237 million in fiscal…
• Capital Return ProgramImportance 58 · Surprise 56
  Parker repurchased 1.2 million common shares for $1.0 billion in fiscal 2026, compared with 2.5 million shares for $1.6 billion in fiscal 2025. The August 21, 2025 authorization update made 20.0 million shares…
• Capital Expenditure OutlookImportance 50 · Surprise 42
  Parker targeted capital expenditures of 2.5% of sales for fiscal 2027 and maintained a long-term annual target of 2.0%. The company said it would prioritize spending related to safety, productivity, and strategic…
• Aerospace Demand GrowthImportance 48 · Surprise 40
  Aerospace Systems sales increased 14.2% in 2026, with organic sales growth of 13.4%. Higher volume across all aerospace market segments drove the increase, especially commercial OEM and aftermarket. The segment's…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal 2026 net sales increased $1,649 million, or 8.3%, to $21,499 million from $19,850 million in fiscal 2025. Organic sales growth was 6.6%; currency contributed 1.2%, acquisitions contributed 1.2%, and divestitures…
• Operating Cash Flow TrendsImportance 42 · Surprise 40
  Net cash provided by operating activities increased $588 million to $4,364 million in fiscal 2026 from $3,776 million in fiscal 2025. Higher net income adjusted for non-cash items more than offset increased…
• Order Backlog and Book-to-BillImportance 42 · Surprise 40
  Diversified Industrial backlog increased to $4.332 billion at June 30, 2026, from $3.655 billion a year earlier, a rise of approximately 18.5%. The increase reflected orders exceeding shipments in both North America…
• Segment Operating MarginsImportance 42 · Surprise 40
  Diversified Industrial operating income increased to $3,440 million from $3,120 million, and its operating margin rose 100 basis points to 23.8%. North America margin increased 110 basis points to 24.3%, primarily from…
• Income Tax Rate ChangesImportance 39 · Surprise 38
  Parker's effective tax rate increased to 20.0% in fiscal 2026 from 14.0% in fiscal 2025, a 6.0-percentage-point increase. The 2026 rate remained below the 21% U.S. federal statutory rate due to share-based…
• Liquidity and Debt PositionImportance 38 · Surprise 24
  At June 30, 2026, Parker held $501 million in cash and cash equivalents, including $482 million at foreign subsidiaries, and had $1.0 billion of commercial paper outstanding. Its revolving credit agreement and…
• End-Market Demand TrendsImportance 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…
• Operating Margin DriversImportance 23 · Surprise 14
  Gross profit margin increased from 36.9% in fiscal 2025 to 37.7% in fiscal 2026, primarily because of higher margins in both segments driven by sales volume. Unfavorable product mix and increased material costs…
• Geographic Market CommentaryImportance null · Surprise 32
  Diversified Industrial North America reported sales growth of 3.2%, including 3.1% organic growth, while International reported sales growth of 9.3%, including 3.9% organic growth. International reported growth…

Revenue by Product (in millions)

Revenue by Geography (in millions)