Parker-Hannifin (PH) Q3 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 30, 2026 astatine 12:17 PM CDT 38 min read

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DATE

Thursday, Apr. 30, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• Chairman and Chief Executive Officer — Jennifer A. Parmentier

• Chief Financial Officer — Todd M. Leombruno

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Full Conference Call Transcript

Todd M. Leombruno: Thank you, Chloe. I would similar to invited everyone to Parker-Hannifin Corporation’s fiscal twelvemonth 2026 3rd 4th net merchandise webcast. As Chloe said, this is Todd M. Leombruno, Chief Financial Officer. Speaking with maine today, arsenic usual, is Jennifer A. Parmentier, our Chairman and Chief Executive Officer. Thank you each for your clip and your involvement successful Parker-Hannifin Corporation. We genuinely admit it. Let america statesman the telephone connected Slide 2 and code our disclosures connected forward-looking projections and non-GAAP fiscal measures. Items listed present could origin our existent results to alteration from our forecast.

Our property release, this presentation, and reconciliations for immoderate and each non-GAAP measures were released this greeting and are disposable nether the Investors conception connected parker.com. Today’s docket has Jennifer reviewing our grounds 3rd 4th performance; past she volition item 2 of our largest marketplace verticals, that is aerospace and defence and transportation. I americium going to travel with immoderate details connected our 3rd 4th fiscal results. Then Jennifer and I volition supply an update to our FY 2026 outlook, including updates to marketplace verticals and fiscal performance. As usual, we volition reason with the Q&A league of the call, and we volition effort to code arsenic galore of the questions arsenic possible.

With that, delight gully your attraction to Slide 3. Jennifer, the level is yours.

Jennifer A. Parmentier: Thank you, Todd, and convey you to everyone for attending the telephone today. Q3 was a 4th of grounds show enabled by the spot of our portfolio. We achieved apical quartile information show with a 12% simplification successful our recordable incidental rate. This was our safest 4th ever and puts america successful enactment with our extremity of being the safest concern institution successful the world. I did privation to admit the terrible upwind events that occurred successful Texas earlier this week, wherever Parker-Hannifin Corporation squad members unrecorded and work, immoderate of whom whitethorn beryllium listening to the telephone close now. We person a installation successful Mineral Wells, Texas, wherever we employment implicit 300 squad members.

Their information remains our apical precedence and thankfully those on-site astatine the clip of the terrible upwind are safe. However, determination was harm to our facility, which we are inactive assessing. We are thankful to each our squad members arsenic good arsenic the responders and work providers who are assisting astatine our tract and successful the broader community. With that, fto america stock our results for the quarter. Our squad delivered grounds Q3 income of $5.5 billion, integrated maturation of 6.5%, and 40 ground points of borderline expansion, resulting successful 26.7% adjusted conception operating margin. Adjusted net per stock grew 18% and year-to-date currency travel from operations was $2.6 billion.