Parker-Hannifin Posts Record Results, Issues Upbeat Outlook

Parker-Hannifin Corporation reported record fourth-quarter fiscal 2025 results, with adjusted earnings of $7.69 per share and $5.24 billion in sales, exceeding analyst expectations. Net income for the quarter rose 18% to $923 million, while the Aerospace Systems segment saw sales rise 9.7% and backlog reach a record $7.4 billion. The Diversified Industrial segment had North America sales decline 6.9% but international sales increase 4.3%. For the full year, revenues were $19.9 billion, adjusted EPS rose 7% to $27.33, and net income increased 24% to $3.53 billion. The company improved operating margins, raised its dividend by 10%, repurchased $1.6 billion in shares, and announced the acquisition of Curtis Instruments to support electrification. Parker-Hannifin issued positive guidance for fiscal 2026, citing expected continued aerospace growth and gains in operational efficiency.