Parker-Hannifin Corporation (PH) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to Parker Hannifin Corporation's fiscal 2026 fourth quarter and full year earnings conference call and webcast. At this time, all participants are in a listen-only mode. After the prepared remarks, there will be a question-and-answer session. To ask a question during this period, you will need to press star 1 on your telephone. If you would like to remove yourself from the queue, please press star 2. Please be advised that today's conference is being recorded, and if you should need operator assistance today, please press star zero at any time. I would now like to turn the call over to Mr. Todd Leombruno, Chief Financial Officer. Please go ahead, sir. Thank you, Beau. I'd like to welcome everyone to Parker's Fiscal Year 2026 Fourth Quarter and Full Year Earnings Release Webcast. As Beau said, this is Todd Leombruno, Chief Financial Officer speaking. and with me today as usual is Jenny Parmentier, our chairman and chief executive officer. We have a number of exciting things to review with everyone today and we appreciate your time this morning. Thanks for joining us. Let's move to slide two to address our disclosures on forward-looking projections and non-GAAP financial measures. Items listed here could cause actual results to vary from our forecast. Our press release, the presentation here, and reconciliations for all those non-GAAP measures were released this morning and are available under the investors section on parker.com. Today Jenny's going to start with our record FY26 performance. She's going to share some highlights on what we did with capital deployment actions this year and introduce our new FY31 adjusted segment operating margin target. She's also going to address an upcoming change to our order rate reporting that will st...