Parker-Hannifin Corporation (PH) Earnings Call Transcripts

Parker-Hannifin Corporation's Latest Earnings Call - Q3 FY2026

Parker-Hannifin Corporation reported a record performance for Q3 of fiscal year 2026, with total sales reaching $5.5 billion, reflecting an 11% increase year-over-year. Adjusted earnings per share (EPS) grew 18% to $8.17, marking the first time EPS exceeded $8 in a single quarter. Management raised full-year guidance for organic sales growth from 5% to 5.5%, driven by strong demand in aerospace and transportation sectors, while maintaining a positive outlook for cash flow and margin expansion.

Reported metrics

Guidance from management

Management raised full-year adjusted EPS guidance by $0.50 to $31.20, reflecting a 14.2% increase versus prior. They also increased organic growth guidance to 5.5% at the midpoint for FY '26.

What management said

On our final slide, a reminder of what drives Parker. Safety, engagement and ownership are the foundation of our culture. With our people and living up to our purpose that drives top quartile performance, that allows us to be great generators and deployers of cash.

Mig, I would just add -- this is Todd. Jenny mentioned, it's a complex process. We're obviously doing everything we can there. We will not recognize any income on those tariffs until we receive them. So we are treating those at [indiscernible] so you won't those forecast or recognize any income that we actually received.

What analysts pressed on

Analysts expressed concerns about potential impacts from geopolitical tensions in the Middle East and the evolving tariff landscape. There were questions regarding the sustainability of order growth and the ability to convert backlog into revenue amidst macroeconomic uncertainties.

Main topics on the call

• Record Sales and EPS Growth — Parker achieved record Q3 sales of $5.5 billion, with adjusted EPS growing 18% to $8.17, the first time exceeding $8 in a quarter. Management noted, "Our teams around the globe did an excellent job this quarter, resultin...
• Aerospace and Defense Strength — Aerospace sales increased by 15.5% year-over-year, driven by robust demand in both OEM and aftermarket segments. Management stated, "We are on track to finish our fourth consecutive year of double-digit organic growth."
• Transportation Market Outlook — Management raised guidance for the transportation market from a mid-single-digit decline to a low single-digit decline, citing stronger heavy truck orders. They noted, "We are truly energy agnostic and well positioned to...
• Increased Guidance for FY '26 — Full-year organic growth guidance was raised from 5% to 5.5%, with aerospace organic growth increased from 11% to 12%. Todd Leombruno stated, "We remain confident in delivering another record year in 2026."

Read the full Parker-Hannifin Corporation transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 75 Parker-Hannifin Corporation earnings call transcripts on record, spanning January 30, 2020 to April 30, 2026. Based on this history, Parker-Hannifin Corporation reports quarterly. The most recent call on file is dated April 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PH

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Machinery

Calls on record

75

First call

January 30, 2020

Most recent

April 30, 2026

Reporting cadence

quarterly