Parker-Hannifin Corp Reports $0.9 billion Net Income
Parker-Hannifin Corp reported quarterly results highlighted by parker Delivers Record Fiscal 2027 First Quarter Results, Raises Full Year Outlook, according to its earnings release filed with an 8-K Thursday.
Net income was $0.9 billion, an increase of 9%, or $1.1 billion adjusted, an increase of 23%. EPS increased 10% to $6.92, adjusted EPS increased 23% to a record $8.90. Segment operating margin was 24.4%, an increase of 20 bps, or 28.6% adjusted, an increase of 120 bps. FY27 outlook increased for organic sales growth, adjusted segment operating margin, adjusted EPS and free cash flow.
Results detail
Further figures in the release included The company has updated guidance for the fiscal year ending June 30, 2027, which now includes Filtration Group Corporation; Segment operating margin of 23.6% to 24.0%, or 27.7% to 28.1% on an adjusted basis; EPS of $29.65 to $30.45, or $36.45 to $37.25 on an adjusted basis; Segment Operating Income (GAAP) $ 562 $ 507 10.8 %.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Parker-Hannifin Corp unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the Parker-Hannifin Corp print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Parker Delivers Record Fiscal 2027 First Quarter Results, Raises Full Year Outlook
- Net income was $0.9 billion, an increase of 9%, or $1.1 billion adjusted, an increase of 23%
- EPS increased 10% to $6.92, adjusted EPS increased 23% to a record $8.90
- Segment operating margin was 24.4%, an increase of 20 bps, or 28.6% adjusted, an increase of 120 bps
- FY27 outlook increased for organic sales growth, adjusted segment operating margin, adjusted EPS and free cash flow
- The company has updated guidance for the fiscal year ending June 30, 2027, which now includes Filtration Group Corporation.
Sources
- Parker-Hannifin Corp Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0000076334-26-000170)
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