Parker-Hannifin Posts Record Q1 FY2027 Revenue of $5.99B, Adjusted EPS Up 23% to $8.90
· The NYC Memo
Parker-Hannifin reported record fiscal Q1 2027 results for the quarter ended September 30, 2026, with net sales rising 18% year-over-year to $5.992 billion, driven by 11.5% organic growth and a 7% contribution from acquisitions. Adjusted diluted EPS reached a record $8.90, up 23% from $7.22 in Q1 FY2026, while adjusted segment operating margin expanded 120 basis points to a record 28.6%; the company also completed the acquisition of Filtration Group Corporation for $9.102 billion in cash during the quarter.
Parker-Hannifin raised full-year FY2027 guidance to adjusted EPS of $36.45–$37.25 and reported sales growth of 16%–19%, with free cash flow projected at $3.5 billion–$4.0 billion.