StocksMedium•5 November 2026•
1 min read
Parker Hannifin Sales Hit Record $6 Billion Amid Surge in Q1 Earnings
Key Facts
1Parker Hannifin sales increased 18% to a record $6.0 billion in the fiscal first quarter.
2The company achieved record adjusted EPS of $8.90, a 23% increase compared to the prior year.
3The company raised its FY27 outlook for organic sales growth, adjusted EPS, and free cash flow.
Parker Hannifin sales increased 18% to a record $6.0 billion in the fiscal first quarter ended September 30, 2026. GlobeNewswire reported that the company achieved record adjusted earnings per share of $8.90, representing a 23% increase compared to the prior year period.
The company raised its full-year fiscal 2027 outlook for organic sales growth, adjusted EPS, and free cash flow amid sustained demand and high backlog levels. Execution of The Win Strategy contributed to a record adjusted segment operating margin of 28.6%, as the company continues to integrate recent acquisitions to drive financial performance.