Parker Hannifin posts record first-quarter results and raises FY27 outlook
+4 new sources since this summary was written
Parker Hannifin reported fiscal 2027 first-quarter results on Nov. 05, 2026, including record sales of $6.0 billion, up 18% on a reported basis and 11.5% on an organic basis. Reported EPS rose 10% to $6.92, while adjusted EPS increased 23% to a record $8.90; reported segment operating margin was 24.4% and adjusted segment operating margin was 28.6%. The company raised its fiscal 2027 outlook, which now includes Filtration Group Corporation, and reported record backlog of $13.7 billion.
Why it matters
The updated outlook changes Parker Hannifin's expected fiscal 2027 sales, margin and EPS ranges, with reported sales growth of 16.0% to 19.0% and adjusted EPS of $36.45 to $37.25. Parker Hannifin said demand increased across all market verticals and that strong orders drove the record backlog.
Key facts
- 1Fiscal 2027 first-quarter reported sales increased 18% to a record $6.0 billion, while organic sales increased 11.5% and acquisitions added 7%. stocktitan.net
- 2First-quarter reported EPS increased 10% to $6.92, while adjusted EPS increased 23% to a record $8.90. stocktitan.net
- 3First-quarter reported segment operating margin was 24.4%, up 20 bps, while adjusted segment operating margin was 28.6%, up 120 bps. stocktitan.net
- 4Fiscal 2027 guidance includes reported sales growth of 16.0% to 19.0%, organic sales growth of 7.5% to 10.5%, acquisitions of 9%, and currency of (0.5%). stocktitan.net
- 5Fiscal 2027 guidance includes segment operating margin of 23.6% to 24.0%, or 27.7% to 28.1% on an adjusted basis, and EPS of $29.65 to $30.45, or $36.45 to $37.25 on an adjusted basis. stocktitan.net
- 6Rolling 12-month orders reached a record backlog of $13.7 billion, with double digit order rates across all businesses. stocktitan.net
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.