Parker earnings
Parker's next results are expected on November 5, 2026. The key thing to watch is whether acquired revenue becomes cash after financing and integration costs.
What has Parker guided for fiscal 2027?
Management guides to 5.5%–8.5% reported and organic sales growth for fiscal 2027. The adjusted EPS guide is $34.25–$35.25. Adjusted segment margin is guided to 27.5%–27.9%, versus 24.5%–24.9% as reported. Standalone fiscal 2027 free cash flow is guided to $3.4 billion–$3.9 billion; that guide excludes Filtration Group and CIRCOR.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Forecasted reported sales growth | Year to Jun 2027 | 5.5% | 8.5% | Aug 6, 2026 |
| Forecasted organic sales growth | Year to Jun 2027 | 5.5% | 8.5% | Aug 6, 2026 |
| Adjusted forecasted segment operating margin | Year to Jun 2027 | 27.5% | 27.9% | Aug 6, 2026 |
| Adjusted forecasted earnings per diluted share | Year to Jun 2027 | 34.25 | 35.25 | Aug 6, 2026 |
What this means. The main forecast excludes Filtration Group and the pending CIRCOR Aerospace purchase, so its sales figure is not the total expected sales of the company.
Has Parker kept its promises?
Parker has delivered against stated operating goals. Its February 2024 presentation set an adjusted earnings-per-share ambition of approximately US$30 for fiscal 2027, while fiscal 2026 adjusted earnings reached US$32.31. Adjusted figures remove selected costs, so they are useful only when the target and later result use the same definition. Parker also reached its fiscal 2029 adjusted segment operating-margin target three years early.
What do Parker's last eight quarters show?
Sales reached $5,755 million, up 9.8% from the prior-year quarter. Organic growth was 8.0%, which means the improvement remained visible after removing ownership and currency effects.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,755 | 5,486 | 5,174 | 5,084 | 5,243 | 4,960 | 4,743 | 4,904 |
| Operating income | 1,474 | 1,229 | 1,182 | 1,183 | 1,189 | 1,108 | 992 | 1,058 |
| Net income | 1,091 | 904 | 845 | 808 | 923 | 961 | 949 | 698 |
| EPS, diluted | 8.54 | 7.06 | 6.60 | 6.29 | 7.15 | 7.37 | 7.25 | 5.34 |
What this means. Free cash flow is the cash left after the company pays for equipment, buildings, and software, so it can be lower than cash from operations.
What should I watch in Parker's next results?
The first checkpoint is the September quarter. Filtration Group was expected to be neutral to adjusted EPS at first, so its sales should not automatically be treated as an earnings gain. Investors should separate acquired revenue, underlying growth, financing expense and integration costs. The purchase-price allocation will also determine future amortization charges.