Earnings ·
Parker-Hannifin Corporation reported record fiscal 2026 fourth-quarter sales of $5.8 billion and full-year sales of…
PHParker-Hannifin Corp
Parker-Hannifin Corporation reported record fiscal 2026 fourth-quarter sales of $5.8 billion and full-year sales of $21.5 billion, with adjusted EPS reaching a record $9.27 for the quarter and $32.31 for the year. The company increased its annual dividend by 11%, marking 70 consecutive years of increases, and returned nearly $2 billion to shareholders through buybacks and dividends. Management issued fiscal 2027 guidance projecting sales growth of 5.5% to 8.5% and adjusted EPS of $34.25 to $35.25, while raising its long-term adjusted segment operating margin target to 30% by fiscal 2031. The firm also announced agreements to acquire Filtration Group Corporation and CIRCOR's Commercial and Defense Aerospace Business. Parker-Hannifin is a global leader in motion and control technologies.