Parker-Hannifin Corporation reported earnings results for the third quarter and nine months ended March 31, 2026. For the third quarter, the company reported sales was USD 5,486 million compared to USD 4,960 million a year ago. Net income was USD 904 million compared to USD 961 million a year ago. Basic earnings per share from continuing operations was USD 7.16 compared to USD 7.48 a year ago. Diluted earnings per share from continuing operations was USD 7.06 compared to USD 7.37 a year ago.
For the nine months, sales was USD 15,744 million compared to USD 14,607 million a year ago. Net income was USD 2,557 million compared to USD 2,608 million a year ago. Basic earnings per share from continuing operations was USD 20.24 compared to USD 20.28 a year ago. Diluted earnings per share from continuing operations was USD 19.95 compared to USD 19.97 a year ago.
Parker-Hannifin Corporation specializes in designing, manufacturing, and selling monitoring and control systems. Net sales break down by family of products as follows:
- industrial systems (68.8%): industrial pipes, pipe connectors and adapters, oil filters, air filters, motors, hydraulic pumps and valves, pneumatic accessories, diagnostic equipment, climate control and monitoring systems (carbonic gas control systems, electronic controllers, pressure regulators, electromagnetic valves, thermostatic pressure relief valves), etc. North America accounts for 59.5% of net sales;
- aerospace systems and components (31.2%): flight control systems, fluid flow automation and monitoring systems, hydraulic components, brakes, etc. intended for military and commercial aircraft.
Net sales are distributed geographically as follows: North America (67.5%), Europe (19.5%), Asia/Pacific (11.9%) and Latin America (1.1%).
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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