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Parker-Hannifin (PH) guidance and outlook
Parker-Hannifin (PH) raised some and lowered other parts of its guidance on Nov 5, 2026: Operating margin 23.6%–24% for FY2027; EPS $29.65–$30.45 for FY2027; Operating margin 27.6% for FY2027; Operating margin 27% for Q1 FY2026. Parker-Hannifin's 10-Q filed Nov 5, 2026 makes 13 forward-looking statements, 3 of them new and 8 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2027 | +9% | new |
| Operating margin | FY2027 | 23.6%–24% | lowered |
| EPS | FY2027 | $29.65–$30.45 | lowered |
| Operating margin | FY2027 | 27.6% | new |
| Operating margin | Q1 FY2026 | 27% | new |
| Operating margin | Q1 FY2026 | 22.4% | new |
| Revenue | FY2027 | +16% to +19% | new |
| EPS | FY2027 | $29.65–$30.45 | new |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- The Company intends to focus primarily on business opportunities in the areas of aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy and HVAC and refrigeration.
- Over the long term, the extent to which our business and results of operations will be impacted by global economic and political uncertainty and geopolitical risks depends on future developments that remain uncertain.
- We will continue to monitor the global environment and manage our business with the goal to minimize unfavorable impacts on operations and financial results.
- new · We expect to incur approximately $75 million and $35 million in business realignment and acquisition integration charges, respectively, during the remainder of fiscal 2027.
- We intend to repatriate certain foreign earnings, which may result in non-federal U.S. or foreign tax liabilities.
- new · Proceeds from the 2027 Credit Facility, if and to the extent drawn, are expected to be used by the Company to finance a portion of the consideration for the Company's pending acquisition of CIRCOR Aerospace or for general corporate purposes, which may include the prepayment or repayment of existing indebtedness.
- We primarily utilize unsecured senior notes, term loan debt, and medium-term notes to meet our financing needs and we expect to continue to borrow funds at reasonable rates over the long term.
- We are targeting 2.5% of sales for capital expenditures for fiscal 2027 and have an annual long-term target of 2.0%.
- We will continue to prioritize capital expenditures related to safety, productivity and strategic investments.
- Acquisitions will be considered from time to time to the extent there is a strong strategic fit, while at the same time maintaining our strong financial position.
- In addition, we will continue to assess our existing businesses and initiate efforts to divest businesses that are not considered to be a good long-term strategic fit for Parker.
- new · We expect to fund the acquisition of CIRCOR Aerospace with proceeds from the 2027 Credit Facility and cash.
Parker-Hannifin's latest quarter
Parker-Hannifin, Q1 FY27: revenue $6.0B (+18% year over year), operating margin 23.5%, net earnings $884M, operating cash flow $752M. The chart follows the revenue to costs, profit and cash.
Questions
Did Parker-Hannifin raise or lower its guidance?
Parker-Hannifin (PH) raised some and lowered other parts of its guidance on Nov 5, 2026: Operating margin 23.6%–24% for FY2027; EPS $29.65–$30.45 for FY2027; Operating margin 27.6% for FY2027; Operating margin 27% for Q1 FY2026.
What does Parker-Hannifin expect?
We expect to incur approximately $75 million and $35 million in business realignment and acquisition integration charges, respectively, during the remainder of fiscal 2027. Proceeds from the 2027 Credit Facility, if and to the extent drawn, are expected to be used by the Company to finance a portion of the consideration for the Company's pending acquisition of CIRCOR Aerospace or for general corporate purposes, which may include the prepayment or repayment of existing indebtedness. We expect to fund the acquisition of CIRCOR Aerospace with proceeds from the 2027 Credit Facility and cash.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.