Parker-Hannifin Corp 8K

Parker Hannifin reported record fiscal 2026 fourth quarter and full-year results, raised its long-term margin target, issued strong fiscal 2027 guidance, and detailed recent and pending acquisitions alongside substantial shareholder returns.

Parker Hannifin Corporation reported record results for its fiscal 2026 fourth quarter and full year ended June 30, 2026, with sales up 9.8% in Q4 and 8.3% for the year, strong growth in net income and EPS on both a reported and adjusted basis, record cash flow from operations of $4.4 billion, and significant margin expansion across segments. The company completed the acquisition of Curtis Instruments, announced agreements to acquire Filtration Group Corporation and CIRCOR International Inc.'s Commercial and Defense Aerospace Business, and returned nearly $2 billion to shareholders via repurchases and dividends while increasing its annual dividend by 11%, extending its 70-year dividend growth streak. Management issued fiscal 2027 guidance calling for mid- to high-single-digit reported and organic sales growth, segment operating margin of 24.5–24.9% (27.5–27.9% adjusted), and EPS of $30.00–$31.00 ($34.25–$35.25 adjusted), and raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031, supported by an outlook for 4–6% organic growth, 17% free cash flow margin, and double-digit adjusted EPS growth. The release also highlighted record backlog, particularly in the Aerospace Systems segment, ongoing portfolio transformation toward more resilient, longer-cycle aerospace and industrial end markets, and explained non-GAAP adjustments including amortization of acquired intangibles, business realignment, integration costs, and a significant non-recurring tariff refund benefit.

Filing Facts

CIK

76334

Ticker

PH

Form

8K

Source Type

sec

Accession

0000076334-26-000082

Alert Tier

7