Companies · PH
Parker Hannifin
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Latest analysis
Updated Nov 5, 2026
Parker Hannifin delivers record Q1 FY2027 with 11.5% organic growth, $13.7B backlog, and closes Filtration Group acquisition, raising full-year EPS guide by $2.10.
Parker Hannifin opened FY2027 with its strongest quarterly performance in years: organic growth of 11.5% — the first double-digit organic quarter in over three years — drove adjusted EPS to $8.90, up 23% year-over-year, on record sales of $6.0 billion. Rolling 12-month orders accelerated to +13%, backlog reached a new record of $13.7 billion, and adjusted segment operating margins hit a record 28.6%. The company simultaneously closed the Filtration Group Corporation acquisition, targeting $220 million in cost synergies and a greater-than-30% adjusted EBITDA margin for that business, and raised its full-year adjusted EPS guidance from $34.75 to $36.85.
Tone: bullishRevenue
$21.5B
PH 10-K · FY 2026
Employees
59,850
Revenue FY2025
$19.9B
EBITDA margin
28.5%
Profile
PH 10-K Item 1 · Aug 21, 2026Parker-Hannifin is a global leader in motion and control technologies, designing and manufacturing highly engineered solutions for aerospace and defense, industrial, transportation, energy, and HVAC markets. The company operates through two reportable segments — Diversified Industrial and Aerospace Systems — serving hundreds of thousands of OEM and distribution customer locations across 44 countries. Its Win Strategy business system drives decentralized operations focused on engaged people, customer experience, profitable growth, and financial performance.
Read filing description ↓ Collapse description ↑
Parker is a global leader in motion and control technologies. Leveraging a unique combination of interconnected technologies, we design, manufacture, and provide aftermarket support for highly engineered solutions that create value for customers primarily in aerospace & defense, in-plant & industrial equipment, transportation, off-highway, energy, and HVAC & refrigeration markets around the world. Parker values having a decentralized operating structure that fosters deeper connections with our customers and greater engagement among our team members. To align our operations and achieve our goal of top quartile performance, we deploy our business system, The Win Strategy, which establishes goals and strategies for engaged people, customer experience, profitable growth and financial performance. Underpinning this business system is our culture of safety, collaboration, continuous improvement, and team-based problem solving. Together our goals, strategies, and culture help us to fulfill our purpose: Enabling Engineering Breakthroughs that Lead to a Better Tomorrow. We credit the Win Strategy with leading Parker through a period of sustained operational excellence and transformation and believe it is the foundation for achieving our future goals. Our Diversified Industrial Segment sells highly engineered differentiated products to both OEMs and distributors who serve the aftermarket replacement markets. Our Aerospace Systems Segment sells highly engineered, differentiated airframe and engine components and systems to OEMs and aftermarket parts and maintenance directly to end users primarily in the commercial aerospace and defense market verticals.
Primary products
- Active & Passive Vibration Control
- High Purity Sealing
- Coatings
- High Temperature Sealing
- Cryogenic Valves & Fittings
- HVAC/R Controls & Monitoring
Business segments
End markets
Geographies
Named customers
Named competitors
“We believe that we are one of the market leaders in most of the major markets for our most significant Diversified Industrial Segment products.” Competitive position, as stated in the filing
Revenue commentary · FY 2026
Net sales increased from $19,850 million in fiscal 2025 to $21,499 million in fiscal 2026, driven by growth in both the Diversified Industrial and Aerospace Systems segments.
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