Parker-Hannifin(NYSE) PH

Parker-Hannifin Corporation makes parts that control motion. These components help planes, trucks, and factories run smoothly. The company helps engineers solve complex mechanical problems.

Products That Move the World

• Diversified Industrial: Filters, seals, and connectors for factories and farms; accounted for 67% of net sales in fiscal year 2026.
• Aerospace Systems: Flight controls and braking systems for aircraft; accounted for 33% of net sales in fiscal year 2026.
• Filtration Solutions: Specialized equipment that removes dirt from fuel, air, and water.
• Fluid Connectors: Essential hoses and valves that move liquids and gases safely.

Strategic Moves and New Additions

• Purchased Curtis Instruments on Sept. 18, 2025, to add new electronics technology.
• Acquired Filtration Group Corporation on Aug. 13, 2026, to expand its global filtration business.
• Signed an agreement in May 2026 to buy CIRCOR Aerospace for $2.55 billion.
• Divested the non-core composites and fuel containment business during 2025 to focus on core units.

What Makes Parker Different?

Parker operates with a decentralized structure across 44 countries. This approach lets local teams solve specific customer problems while using a shared system called the Win Strategy to improve safety and performance.

Tracking the 2026 Results

• Net sales reached $21.5 billion in fiscal year 2026, up 8.3% year over year.
• Organic sales growth reached 6.6% for the fiscal year ended June 30, 2026.
• Net income rose to $3.6 billion in fiscal year 2026.
• Order backlog grew to $12.8 billion as of June 30, 2026, up from $11.0 billion in 2025.
• Net cash provided by operating activities reached $4.4 billion in fiscal year 2026.

Bottom Line

Parker has transformed from a component manufacturer into a provider of complex motion and control systems. Its focus on diverse industrial markets and strategic acquisitions supports long-term stability and operational growth.