Parker-Hannifin (PH) Q1 FY2027 Earnings Call: Guidance and Outlook
Management raised full-year fiscal 2027 guidance across sales, organic growth, segment margins, and adjusted EPS following a strong first quarter and the inclusion of the Filtration Group.
About Parker-Hannifin. Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector.
Nearly $6.2 billion, representing a 19.5% increase versus the prior year.
Q2 Organic Growth
Expected to be about 10%.
Q2 Adjusted Segment Operating Margins
Forecasted to be 27.6%.
Q2 Adjusted EPS
Expected to be $8.82.
Annual guidance
Reported Sales Growth
Increased to a range of 16% to 19%, or roughly 17.5% at the midpoint.
Organic Growth
Raised to a range of 7.5% to 10.5%, or 9% at the midpoint.
Adjusted Segment Margins
Expected to increase to 27.9% for the year.
Adjusted EPS
Raised to $36.85 with a range of plus or minus $0.40.
Free Cash Flow
Raised to a range of $3.5 billion to $4 billion.
Outlook
Aerospace and Defense
Guided to approximately 10% organic growth, supported by strong commercial OEM build rates and high single-digit commercial aftermarket and defense OEM growth.
In-plant and Industrial
Guided to high single-digit growth driven by broadening demand and strong orders from distributors.
Transportation
Guided to high single-digit growth led by continued strength in heavy-duty truck production rate increases.
Off-highway
Guided to mid-single-digit growth supported by nonresidential construction and mining strength driven by commodity prices.
Energy
Guided to mid-single-digit growth with sustained demand in gas turbine power generation while oil and gas remains flat.
HVAC and Refrigeration
Guided to mid-single-digit growth led by commercial HVAC and refrigeration.
International Regions
Asia Pacific organic growth is guided to mid-teens, EMEA to low-to-mid single digits, and Latin America to low single digits.
Dombey's summary of the Parker-Hannifin Q1 FY2027 earnings call held Nov 5, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
