Parker-Hannifin posts 8.3% revenue growth to $21.5B, completes FGC acquisition

Filed August 21, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 22, 2025 · ~2 min read

Key Changes

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  Completed $9.25 billion acquisition of Filtration Group Corporation on August 13, 2026, funded primarily through $7.75 billion in new term loan facilities drawn post-period-end; pending $2.55 billion CIRCOR Aerospace acquisition expected to close in second half of calendar 2026.

  MD&A: Acquisitions / Notes: Subsequent Events verify on EDGAR →
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  Net income rose 3.3% to $3.65 billion (diluted EPS $28.48, +5.0%) despite effective tax rate increasing from 14.0% to 20.0%; FY2025 rate benefited from foreign valuation allowance release and lower taxable gain on divestitures that did not recur.

  MD&A: Tax Rate verify on EDGAR →
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  Recognized $84 million reduction to cost of sales in Q4 FY2026 from IEEPA tariff refunds following Supreme Court ruling; additional refunds applied for but not yet recognized due to uncertain timing and amount.

  MD&A: IEEPA Tariff Refund verify on EDGAR →