StockWatch
·
Metal Fabrications
Quarterly ResultAug 6, 2026, 07:34 AM

Parker-Hannifin FY26 Sales $21.5B, Adj. EPS $32.31; Q4 Sales $5.8B

AI Summary

Parker-Hannifin reported record results for fiscal year 2026 and the fourth quarter, driven by strong organic sales growth and operational excellence. Full-year sales reached $21.5 billion with adjusted EPS of $32.31, while Q4 sales hit $5.8 billion with adjusted EPS of $9.27. The company also provided a positive outlook for fiscal 2027, forecasting continued growth and increased its long-term adjusted segment operating margin target to 30% by fiscal 2031. Strategic acquisitions and nearly $2 billion returned to shareholders further underscore a strong performance.

Key Highlights

  • Fiscal 2026 sales increased 8.3% to a record $21.5 billion; organic sales grew 6.6%.
  • Fiscal 2026 adjusted EPS increased 18% to a record $32.31.
  • Q4 2026 sales increased 9.8% to a record $5.8 billion; organic sales grew 8.0%.
  • Q4 2026 adjusted EPS increased 21% to a record $9.27.
  • Cash flow from operations was a record $4.4 billion, or 20.3% of sales.
  • Returned nearly $2 billion to shareholders through share repurchases and dividends.
  • Increased annual dividend by 11%, marking 70 consecutive years of increases.
  • Fiscal 2027 adjusted EPS guidance is $34.25 to $35.25.
  • Aerospace Systems segment Q4 sales increased 13.4% to $1.9 billion.