Quarterly ResultAug 6, 2026, 08:04 AM
Parker-Hannifin FY26 Adj. EPS $32.31; Raises FY31 Margin Target to 30%
AI Summary
Parker-Hannifin Corporation reported record results for its fiscal fourth quarter and full year ended June 30, 2026. The company achieved a record adjusted EPS of $32.31 for the full year and $9.27 for the fourth quarter, alongside record sales of $21.5 billion and $5.8 billion, respectively. Driven by strong performance and strategic acquisitions, Parker-Hannifin also raised its adjusted segment operating margin target to 30% by fiscal year 2031 and issued strong adjusted EPS guidance of $34.25 to $35.25 for fiscal year 2027.
Key Highlights
- Fiscal Year 2026 adjusted EPS increased 18% to a record $32.31.
- Fiscal Year 2026 sales increased 8.3% to a record $21.5 billion.
- Raised adjusted segment operating margin target by 300 bps to 30% by fiscal year 2031.
- Issued Fiscal Year 2027 adjusted EPS guidance of $34.25 to $35.25.
- Fourth Quarter 2026 adjusted EPS increased 21% to a record $9.27.
- Fourth Quarter 2026 sales increased 9.8% to a record $5.8 billion.
- Fiscal Year 2026 cash flow from operations was a record $4.4 billion, or 20.3% of sales.
- Aerospace Systems segment Q4 sales grew 13.4% to $1.9 billion, with a record $8.5 billion backlog.
Price Impact
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