Parker-Hannifin Corp — fact timeline

Parker-Hannifin Corp reported the quarter ended March 31, 2026 results: revenue $5.5 billion, net income $0.9 billion, EPS $7.06. Guidance raised.

“31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report. --- EX-99.1 (EX-99.1) --- Parker Reports Fiscal 2026 Third Quarter Results Record Sales of $5.5 Billion Drive Record Cash Flow and Adjusted EPS; Orders +9% CLEVELAND, April 30, 2026 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies,”

Parker-Hannifin Corp entered into Credit Agreements (364-Day Term Loan Agreement and Three-Year Term Loan Agreement) with Barclays Bank PLC (as administrative agent for 364-Day Credit Agreement) and KeyBank National Association (as administrative agent for Three-Year Credit Agreement) valued at $5.25 billion under 364-Day Credit Facility and $2.50 billion under Three-Year Credit Facility (effective 2025-12-10).

“On December 10, 2025, Parker-Hannifin Corporation (the “ Company ”) entered into (i) a 364-Day Term Loan Agreement (the “ 364-Day Credit Agreement ”) with Barclays Bank PLC, as administrative agent, and various financial institutions named therein as lenders, which 364-Day Credit Agreement provides for a delayed draw term loan facility in the aggregate principal amount of $5.25 billion (the “ 364-Day Credit Facility ”) and (ii) a Three-Year Term Loan Agreement (the “ Three-Year Credit Agreement ”, and, together with the 364-Day Credit Agreement, the “ Credit Agreements ”) with KeyBank National Association, as administrative agent, and the various financial institutions named therein as lenders, which Three-Year Credit Agreement provides for a delayed draw term loan facility in the aggregate principal amount of $2.50 billion (the “ Three-Year Credit Facility ”, and, together with the with 364-Day Credit Facility, the “ Credit Facilities ”).”

E. Jean Savage was elected as Director at Parker-Hannifin Corp.

“On July 10, 2024, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected E. Jean Savage as a Director of the Company, effective immediately”

Parker-Hannifin Corp reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $5.07 billion, net income $726.6 million, EPS $5.56. Guidance raised.

“Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared with $590.9 million in the prior year quarter.”

Parker-Hannifin Corp reported the fiscal 2024 second quarter ended December 31, 2023 results: revenue $4.8 billion, net income $681.9 million, EPS $5.23. Guidance raised.

“Parker Reports Fiscal 2024 Second Quarter Results – Sales increased 3% to $4.8 billion; organic sales increased 3% – Segment operating margin was 21.1%, or a record 24.5% adjusted, an increase of 300 basis points – EPS were $5.23, or a record $6.15 adjusted, an increase of 29% – Company increases outlook for segment operating margin and EPS”

Parker-Hannifin Corp reported the fiscal 2024 first quarter ended September 30, 2023 results: revenue $4.8 billion, net income $650.8 million, EPS $4.99. Guidance raised.

“today reported results for the fiscal 2024 first quarter ended September 30, 2023. Sales were a record at $4.8 billion, an increase of 15%, compared with $4.2 billion in the first quarter of fiscal 2023. Net income was $650.8 million compared with $387.9 million in the prior year quarter. Adjusted net income was $776.4 million, an increase of 26% compared with $615.5 million in the first quarter of fiscal 2023. Earnings per share were $4.99 compared with $2.98 in the first quarter of fiscal 2023.”

Parker-Hannifin Corp shareholders approved Advisory vote on frequency of say-on-pay (every year) at the 2023-10-25 meeting.

“Proposal 6. The Shareholders approved an advisory vote for the option of "every year" as the preferred frequency for future advisory shareholder votes to approve the compensation of our Named Executive Officers , as follows: Votes For Votes Against Abstentions Broker Non-Votes 103,582,534 183,848 1,618,391 408,064”

Parker-Hannifin Corp shareholders approved Approval of Amended and Restated Global Employee Stock Purchase Plan at the 2023-10-25 meeting.

“Proposal 5. The Shareholders approved the Amended and Restated Parker-Hannifin Corporation Global Employee Stock Purchase Plan, as follows: Votes For Votes Against Abstentions Broker Non-Votes 104,761,242 733,221 298,374 9,577,113”

Parker-Hannifin Corp shareholders approved Approval of Parker-Hannifin Corporation 2023 Omnibus Stock Incentive Plan at the 2023-10-25 meeting.

“Proposal 4. The Shareholders approved the Parker-Hannifin Corporation 2023 Omnibus Stock Incentive Plan, as follows: Votes For Votes Against Abstentions Broker Non-Votes 97,404,736 8,030,470 357,631 9,577,113”

Parker-Hannifin Corp shareholders approved Ratification of independent auditor at the 2023-10-25 meeting.

“Proposal 3. The Shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2024, as follows: Votes For Votes Against Abstentions Broker Non-Votes 112,475,186 2,619,292 275,472 —”

Parker-Hannifin Corp shareholders approved Advisory vote on executive compensation at the 2023-10-25 meeting.

“Proposal 2 . The Shareholders approved, on a non-binding, advisory basis, the compensation of the Named Executive Officers of the Company, as follows: Votes For Votes Against Abstentions Broker Non-Votes 97,076,384 8,110,902 605,551 9,577,113”

Parker-Hannifin Corp shareholders approved Election of Directors at the 2023-10-25 meeting.

“Proposal 1 . The Shareholders elected the following Directors for a term expiring at the Annual Meeting of Shareholders in 2024, as follows: Nominees For Against Abstentions Broker Non-Votes Lee C. Banks 100,736,653 4,852,555 203,629 9,577,113”

Roger S. Sherrard departed as Vice President and President – Aerospace Group at Parker-Hannifin Corp.

“On October 25, 2023, Roger S. Sherrard, Vice President and President – Aerospace Group of the Company, notified the Company that he will retire on December 31, 2023.”

Andrew D. Ross was elected as President at Parker-Hannifin Corp.

“In connection with Mr. Banks’ notification of retirement, the Board of Directors of the Company (the “Board”) elected Andrew D. Ross, age 56, as President, effective January 1, 2024 (the “Transition Date”).”

Lee C. Banks departed as Vice Chairman and President at Parker-Hannifin Corp.

“On October 25, 2023, Lee C. Banks, Vice Chairman and President of Parker-Hannifin Corporation (the “Company”), notified the Company that he will retire on December 31, 2023.”

Denise Russell Fleming was elected as Director at Parker-Hannifin Corp.

“On September 1, 2023, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected Denise Russell Fleming as a Director of the Company, effective immediately, for a term expiring at the Annual Meeting of Shareholders in October 2023.”

Parker-Hannifin Corp reported fiscal year ending June 30, 2024 results: EPS $18.05 to $19.05. Guidance initiated.

“Parker announced its outlook for the fiscal year ending June 30, 2024. The company expects total sales growth in fiscal 2024 to be in the range of 3% to 6%; total segment operating margin in the range of 19.7% to 20.1%, or 23.0% to 23.4% on an adjusted basis; and earnings per share in the range of $18.05 to $19.05, or $21.90 to $22.90 on an adjusted basis.”

Parker-Hannifin Corp reported fiscal 2023 third quarter ended March 31, 2023 results: revenue $5.1 billion, net income $590.9 million, EPS $4.54. Guidance raised.

“Fiscal 2023 third quarter sales were a record at $5.1 billion, an increase of 24%, compared with $4.1 billion in the third quarter of fiscal 2022. Net income was $590.9 million compared with $348.0 million in the prior year quarter. Adjusted net income was $771.9 million, an increase of 22% compared with $630.2 million in the third quarter of fiscal 2022. Earnings per share were $4.54 compared with $2.67 in the third quarter of fiscal 2022.”

Parker-Hannifin Corp: Amended and restated Regulations to update procedural mechanics for shareholder nominations, conduct of meetings, and proxy card color in accordance with new universal proxy rules (effective 2023-04-27).

“On April 27, 2023, the Board of Directors (the “Board”) of Parker-Hannifin Corporation (the “Company”) amended and restated the Company’s Regulations (as amended and restated, the “Amended and Restated Regulations”), which became effective immediately upon adoption. The Board adopted the Amended and Restated Regulations primarily to update certain procedural requirements in accordance with the new universal proxy rules adopted by the Securities and Exchange Commission (the “SEC”). Specifically, in addition to other ministerial changes, the Amended and Restated Regulations: a. update certain procedural mechanics and disclosure requirements for shareholder nominations of directors and submissions of proposals for other business made in connection with annual and special meetings of shareholders, including to address rules related to the use of universal proxy cards adopted by the SEC under new Rule 14a-19; b. update certain procedural mechanics related to the conduct of business at any m”

William F. Lacey resigned as Director at Parker-Hannifin Corp.

“On March 29, 2023, William F. Lacey notified Parker-Hannifin Corporation (the “Company”) of his intention to resign from the Board of Directors (the “Board”) effective immediately.”

Parker-Hannifin Corp updated its the fiscal 2023 second quarter ended December 31, 2022 guidance (raised).

“On February 2, 2023, Parker-Hannifin Corporation issued a press release and presented a Webcast announcing results of operations for the quarter ended December 31, 2022.”

Parker-Hannifin Corp reported the quarter ended September 30, 2022 results: revenue $4.23 billion, net income $387.9 million, EPS $2.98. Guidance raised.

“Symbol: PH - NYSE Parker Reports Fiscal 2023 First Quarter Results - Record sales and record adjusted total segment operating margin, net income and EPS - Sales increased 12% to $4.23 billion; organic sales increased 14% - Total segment operating margin was 19.8%, or 22.7% adjusted, an increase of 70 basis points - Net income was $387.9 million, or $615.5 million”

Parker-Hannifin Corp shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2022-10-26 meeting.

“The Shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2023, as follows: Votes For Votes Against Abstentions Broker Non-Votes 112,910,951 1,994,067 311,677”

Parker-Hannifin Corp shareholders approved Advisory vote on compensation of Named Executive Officers at the 2022-10-26 meeting.

“The Shareholders approved, on a non-binding, advisory basis, the compensation of the Named Executive Officers of the Company, as follows: Votes For Votes Against Abstentions Broker Non-Votes 96,158,961 9,745,445 684,595 8,627,694”

Parker-Hannifin Corp shareholders approved Election of Directors at the 2022-10-26 meeting.

“The shareholders elected the following Directors for a term expiring at the Annual Meeting of Shareholders in 2023, as follows: Nominees For Against Abstentions Broker Non-Votes Lee C. Banks 103,507,998 2,928,097 152,906 8,627,694 Jillian C. Evanko 105,483,922 897,886 207,193 8,627,694 Lance M. Fritz 102,941,088 3,370,637 277,276 8,627,694 Linda A. Harty 92,420,878 13,860,757 307,366 8,627,694 William F. Lacey 103,246,795 3,070,595 271,611 8,627,694 Kevin A. Lobo 105,412,263 922,957 253,781 8,627,694 Joseph Scaminace 96,626,448 9,677,352 285,201 8,627,694 Åke Svensson 99,473,771 6,860,465 254,765 8,627,694 Laura K. Thompson 102,869,087 3,472,728 247,186 8,627,694 James R. Verrier 105,501,436 825,627 261,938 8,627,694 James L. Wainscott 94,641,709 9,650,286 2,297,006 8,627,694 Thomas L. Williams 97,154,649 9,072,109 362,243 8,627,694”

Andrew D. Ross was elected as Chief Operating Officer at Parker-Hannifin Corp.

“the Board elected Andrew D. Ross, age 55, as Chief Operating Officer, effective on the Transition Date.”

Jennifer A. Parmentier was appointed as Member of the Board at Parker-Hannifin Corp.

“approved the appointment of Ms. Parmentier as a member of the Board, effective on the Transition Date.”

Jennifer A. Parmentier was elected as Chief Executive Officer at Parker-Hannifin Corp.

“the Board elected Jennifer A. Parmentier, age 55, as Chief Executive Officer, effective on the Transition Date.”

Thomas L. Williams changed role as Executive Chairman at Parker-Hannifin Corp.

“After the Transition Date and prior to his retirement from the Board, Mr. Williams will be designated Executive Chairman.”

Andrew M. Weeks departed as Vice President and President – Engineered Materials Group at Parker-Hannifin Corp.

“On July 26, 2022, Andrew M. Weeks notified Parker-Hannifin Corporation (the “Company”) that he will retire on August 31, 2022.”

Jennifer A. Parmentier was elected as Chief Operating Officer at Parker-Hannifin Corp.

“On August 9, 2021, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected Lee C. Banks, age 58, to a new role as the Vice Chairman and President of the Company and Jennifer A. Parmentier, age 54, to the role of Chief Operating Officer, in each case effective August 9, 2021.”

Lee C. Banks was elected as Vice Chairman and President at Parker-Hannifin Corp.

“On August 9, 2021, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected Lee C. Banks, age 58, to a new role as the Vice Chairman and President of the Company and Jennifer A. Parmentier, age 54, to the role of Chief Operating Officer, in each case effective August 9, 2021.”