Parker-Hannifin Corporation Q3 Fiscal Year 2026 Earnings Release

Parker-Hannifin Corporation reported record results for the third quarter of fiscal year 2026 ended March 31, 2026. Net sales increased by 11% to a record $5.5 billion, with organic sales up 6.5%. The company achieved a record adjusted diluted EPS of $8.17, an 18% increase year-over-year. Cash flow from operations was a record $2.6 billion for the year-to-date. The company raised its fiscal year 2026 outlook, expecting mid-teens adjusted EPS growth. Segment results showed strong performance across Diversified Industrial and Aerospace Systems, with record sales and adjusted operating margins in several areas. Orders increased by 9% overall, indicating continued demand. The company also announced an 11% increase in its quarterly cash dividend.