Parker-Hannifin Q3 Adjusted EPS 18% Up to $8.17 on Record $5.5B Sales
Parker-Hannifin reported fiscal Q3 net income of $904M and adjusted EPS of $8.17, up 18%, on record revenue of $5.5B, an 11% increase with 6.5% organic growth. It raised full-year adjusted EPS outlook to $31.20 and increased its quarterly dividend by 11% after posting $2.6B cash flow and $12.5B backlog.
1. Strong Q3 Results
Parker-Hannifin posted fiscal third-quarter net income of $904 million and adjusted EPS of $8.17, an 18% increase. Revenue reached $5.5 billion, up 11% including 6.5% organic growth, with segment operating margin at 23.4%, or 26.7% adjusted.
2. Robust Cash Flow, Orders and Backlog
Year-to-date cash flow from operations totaled $2.6 billion, representing 16.7% of sales. Quarterly orders climbed 9%, underpinning a record backlog of $12.5 billion across diversified industrial and aerospace systems.
3. Upgraded Outlook and Dividend Increase
The company raised its full-year adjusted EPS guidance to $31.20, targeting mid-teens EPS growth for fiscal 2026. It also boosted its quarterly cash dividend by 11%, reflecting strong cash generation and commitment to shareholder returns.