Parker-Hannifin Q4 sales rise 9.8%, beat estimates
PH•Outlook for fiscal 2027
Parker-Hannifin expects fiscal 2027 reported and organic sales growth of 5.5% to 8.5%.
The company sees fiscal 2027 segment operating margin of 24.5% to 24.9%, or 27.5% to 27.9% adjusted.
Parker-Hannifin forecasts fiscal 2027 EPS of $30.00 to $31.00, or $34.25 to $35.25 adjusted.
Drivers behind the results
- Aerospace growth — The company said double-digit sales growth across all aerospace market segments drove record results.
- Asia-Pacific demand — The company said Asia led international segment sales with 16% organic growth.
- Order backlog — The company said backlog increased to a record $12.8 billion, with increases in all segments.
Key figures and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Sales | Beat | $5.76 billion | $5.57 billion (18 analysts) |
| Q4 Adjusted EPS | Beat | $9.27 | $8.27 (20 analysts) |
| Q4 EPS | $8.54 | ||
| Q4 Net Income | $1.10 billion |
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell".
