Parker-Hannifin Corp banner

Parker-Hannifin Corp
F:PAR

Watchlist Manager
Parker-Hannifin Corp Logo
Parker-Hannifin Corp
F:PAR
Watchlist
Price: 752.8 EUR -0.29%
Market Cap: €96.8B

Parker-Hannifin Corp
Investor Relations

Parker-Hannifin makes motion and control products that help machines, vehicles, and aircraft move, steer, seal, filter, and manage fluids and air. Its lineup includes hydraulics, pneumatics, filtration, sealing, and aerospace systems, so it sells both parts and engineered subsystems that are built into larger equipment. Its main customers are industrial manufacturers, aircraft makers, and companies in construction, agriculture, transportation, energy, and other heavy equipment markets. Parker makes money by selling new components and systems to original equipment makers, plus replacement parts and service through distributors and aftermarket channels. What makes the business important is that it sits deep inside the value chain: many products from factory machines to airplanes need Parker’s parts to function safely and reliably. That gives the company a steady role in both original equipment production and long-lived maintenance demand, especially where downtime is expensive and technical fit matters.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Apr 30, 2026
AI Summary
Q3 2026

Record quarter: Parker-Hannifin said fiscal Q3 was a record across sales, margins, EBITDA, net income, and adjusted EPS, with sales of $5.5 billion and adjusted EPS of $8.17.

Guidance raised: Management lifted full-year organic sales growth to 5.5% from 5.0% at the midpoint, raised adjusted EPS by $0.50 to $31.20, and increased free cash flow outlook to $3.3 billion to $3.6 billion.

Aerospace strength: Aerospace remained the standout business, with organic growth of 14.2%, record backlog of $8.4 billion, and management now expecting full-year organic growth of 12% instead of 11%.

Industrial improving: Industrial orders stayed strong across both short- and long-cycle markets, and management said the recovery is becoming broader-based, with no sign of customer restocking yet.

Tariffs and Middle East: Management said it is not seeing material demand disruption from the Middle East or tariff changes, and it expects price/cost actions to protect earnings.

Filtration deal: Integration planning is underway for the Filtration Group acquisition, with management still expecting close within 12 months and now targeting $220 million of synergies by year 3.

Key Financials
Sales
$5.5 billion
Organic sales growth
6.5%
Adjusted segment operating margin
26.7%
Adjusted EPS
$8.17
Adjusted net income
$1 billion
Orders
9%
Backlog
$12.5 billion
Cash flow from operations
$2.6 billion
Free cash flow
$2.3 billion
Quarterly dividend
$2 per share
Share repurchases
$275 million
Aerospace sales
$1.8 billion
Aerospace organic growth
14.2%
Aerospace margin
29.5%
Aerospace backlog
$8.4 billion
North America sales
$2.1 billion
North America margin
25.3%
International sales
$1.5 billion
International margin
25.3%
Q4 organic sales growth
approximately 4%
Q4 adjusted EPS
$8.16
Q4 adjusted segment operating margin
27.4%
Filtration Group synergies
$220 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Jennifer A. Parmentier
Chairman of the Board & CEO

Jennifer A. Parmentier is a prominent figure in the business world, currently serving as the Chief Executive Officer of Parker-Hannifin Corporation, a global leader in motion and control technologies. She has been a part of Parker-Hannifin's leadership team, gradually ascending through various roles that have showcased her expertise and strategic vision. Jennifer joined Parker-Hannifin in 2008, bringing with her a wealth of experience from previous engineering and leadership positions in other organizations. Over the years, Parmentier has been instrumental in driving the company's growth and innovation strategies. She is known for her strong focus on operational excellence and her ability to adapt and lead in a dynamic business environment. Before becoming CEO, she held several key positions within Parker-Hannifin, including Vice President of the Motion Systems Group and other significant leadership roles that contributed to the company's success. Parmentier's leadership style emphasizes collaboration, sustainability, and a customer-centric approach, aligning with Parker-Hannifin's goals to solve the world's greatest engineering challenges. Under her leadership, the company continues to push the boundaries of technology and engineering, ensuring its status as a leader in its industry. Jennifer A. Parmentier's career is marked by her dedication to innovation, efficiency, and her remarkable ability to lead large teams toward strategic objectives.

Mr. Andrew D. Ross
President & COO

Andrew D. Ross is a distinguished executive at Parker-Hannifin Corporation, holding the position of Vice President of Business Integration since 2015. In this role, he is responsible for overseeing the seamless integration of newly acquired businesses, ensuring they align with Parker-Hannifin's strategic objectives, and supporting the company's growth initiatives. Before his current role, Mr. Ross served as President of Parker’s Engineered Materials Group. His tenure in this position was marked by strategic leadership and operational excellence, helping to drive the group’s profitability and innovation. With a career spanning over several years at Parker-Hannifin, Ross has built a reputation for strong leadership and strategic insight. He has been instrumental in driving various initiatives that have contributed to the company's success in the highly competitive engineering industry. Known for his collaborative approach and expertise in business integration, Andrew D. Ross continues to play a crucial role in Parker-Hannifin's overall strategy and expansion efforts.

Mr. Todd M. Leombruno
Executive VP & CFO

Todd M. Leombruno serves as the Vice President and Controller at Parker-Hannifin Corporation. With a strong background in finance and accounting, he plays a crucial role in the company's financial management and strategic planning. Prior to his current role, Leombruno has held various positions within Parker-Hannifin, contributing significantly to the company's financial operations and performance. His leadership and expertise in financial oversight help ensure the organization's financial health and adherence to industry standards. Leombruno's efforts are focused on supporting Parker-Hannifin's commitment to innovation and excellence in the motion and control technologies sector.

Mr. Joseph R. Leonti J.D.
VP, General Counsel & Secretary

Joseph R. Leonti, J.D., is a prominent executive at Parker-Hannifin Corporation, where he serves as the Senior Vice President, General Counsel, and Secretary. In this role, he is responsible for overseeing the company's legal affairs, ensuring compliance with all regulatory requirements, and advising on corporate governance issues. Leonti brings a wealth of legal and business expertise to Parker-Hannifin, drawing from his extensive background in law and corporate management. Before his tenure at Parker-Hannifin, Leonti accumulated significant experience working with other major corporations, where he honed his skills in mergers and acquisitions, securities law, and corporate governance. His educational background includes a Juris Doctor degree, which has provided him with a strong foundation for his legal career. At Parker-Hannifin, Leonti plays a crucial role in shaping the strategic direction of the company, contributing to its growth and success through effective legal management and counsel. His work helps to ensure that Parker-Hannifin maintains its reputation as a global leader in motion and control technologies.

Mr. Berend Bracht
VP & President of Motion Systems Group

Berend Bracht is a well-regarded executive known for his extensive experience and leadership in the manufacturing and engineering sectors. He currently holds a prominent position at Parker-Hannifin Corporation, a global leader in motion and control technologies. Prior to joining Parker-Hannifin, Bracht served as President and CEO at Bosch Rexroth North America, where he played a crucial role in driving growth and innovation. He has been influential in enhancing Parker-Hannifin’s strategic initiatives, focusing on innovation and operational efficiency. Bracht holds a degree in mechanical engineering and an MBA, which have equipped him with a strong technical and business acumen, contributing to his successful career in leading complex organizations.

Mr. Mark T. Czaja
Vice President of Chief Technology & Innovation Officer

Mark T. Czaja is the Chief Technology & Innovation Officer at Parker-Hannifin Corporation, a leading global manufacturer of motion and control technologies and systems. In his role, Czaja is responsible for overseeing the company's technological advancements and innovation strategies to drive growth and maintain Parker-Hannifin's competitive edge in the industry. He focuses on integrating new technologies across the company's various segments and fostering a culture of innovation to meet the evolving needs of Parker's customers. Czaja has held various positions within the company, contributing significantly to its research and development efforts throughout his career.

Mr. Dinu J. Parel
Vice President of Chief Digital & Information Officer

Dinu J. Parel is an executive who serves as the Vice President and Chief Digital & Information Officer at Parker-Hannifin Corporation, a leading global manufacturer of motion and control technologies and systems. In this role, Parel is responsible for overseeing the company's digital transformation initiatives and the management of its global information technology strategies. His responsibilities include driving the digital strategy to enhance customer experiences, improving operational efficiencies, and innovating new business models through technology. His leadership focuses on leveraging data analytics, IoT, artificial intelligence, and other emerging technologies to foster growth and competitiveness for Parker-Hannifin. Prior to joining Parker-Hannifin, Parel has held various leadership positions in the IT and digital domains, where he accumulated extensive experience in managing technology-driven transformations for large industrial organizations. His career is marked by a strong track record of developing and implementing effective technology strategies that align with business objectives.

Jeff Miller
Vice President of Investor Relations

Jeff Miller has been a notable executive at Parker-Hannifin Corporation, a leading global manufacturer of motion and control technologies and systems. With a career spanning several decades within the company, Jeff Miller has held various significant roles contributing to Parker-Hannifin's growth and success. He has been involved in strategic planning, operations management, and business development across different divisions of the corporation. His leadership has been instrumental in driving innovation, improving operational efficiency, and expanding the company's global footprint. Parker-Hannifin, under the guidance of executives like Jeff Miller, has continued to maintain its position as a leader in the industry, offering solutions in aerospace, climate control, electromechanical, filtration, and other key sectors. Jeff Miller's contributions have been vital in aligning Parker-Hannifin's goals with the demands of modern industrial challenges and technological advancements.

Mr. Aidan Gormley
Director of Global Communications & Branding

Aidan Gormley is the Vice President and Chief Technology and Information Officer at Parker-Hannifin Corporation, a global leader in motion and control technologies. With a rich career at Parker-Hannifin, Gormley has been pivotal in steering the company's technology and information strategy. He joined Parker in 1999 and has since held various roles, significantly contributing to the digital transformation and integration of information technology with business strategies. Gormley earned his Bachelor's degree in Business Studies from the University of South Wales and furthered his education with a Master's in Business Administration from Cleveland State University. His leadership style is underscored by a strong emphasis on innovation, efficiency, and leveraging technology to drive organizational success. Under his guidance, Parker has advanced in areas such as data analytics, IT infrastructure, and digital business processes, aligning with the company's objectives to enhance performance and deliver value to customers.

Mr. Mark J. Hart
Executive Vice President of Human Resources & External Affairs

Mark J. Hart is the Executive Vice President and Chief Financial Officer at Parker-Hannifin Corporation, a global leader in motion and control technologies. He has been with the company since 2004 and has held various leadership roles. Hart is responsible for overseeing financial planning, reporting, investor relations, and strategic financial initiatives. Before joining Parker-Hannifin, he worked at Eaton Corporation and has a background in finance and management. Hart holds a Bachelor’s degree in Business Administration from the University of Michigan and an MBA from the University of Chicago.

Contacts

Address
OHIO
CLEVELAND
6035 Parkland Blvd
Contacts
+12168963000.0
www.parker.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett