Earnings ·
Parker-Hannifin reports record Q1 sales of $6.0B and raises full-year outlook
PHParker-Hannifin Corp
Parker-Hannifin reported fiscal 2027 first-quarter results with record sales of $6.0 billion, an 18% increase from the prior year period, driven by double-digit organic growth across all segments. Net income rose 9% to $0.9 billion, while adjusted earnings per share increased 23% to a record $8.90. The company also completed its acquisition of Filtration Group Corporation and raised its full-year fiscal 2027 guidance for organic sales growth, adjusted segment operating margin, adjusted EPS, and free cash flow. Parker-Hannifin is a global leader in motion and control technologies.