PH · 10-K filed 21 Aug 2026 · year to 30 Jun 2026

Parker-Hannifin

25 named things its latest annual report says its results depend on, each in the company's own words. 14 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

U.S. government

earns fromnamed as a risk

In addition to the risks identified herein, doing business with the U.S. government subjects us to unusual risks, including dependence on the level of government spending and compliance with and changes in governmental acquisition regulations.Risk factors (Item 1A)

Also named by ADI, AIR, APH, ASTS, ATI, AVAV, AWK, BA and 46 more

Other companies

Commercial paper

exposed to its price · approximately $10 millionnamed as a risk

A 100 basis point increase in near-term interest rates would increase annual interest expense on variable rate debt, consisting of commercial paper borrowings as of June 30, 2026, by approximately $10 million.Market risk (Item 7A)

Foreign exchange rates

exposed to its price · approximately $131 millionnamed as a risk

A 10% change in foreign exchange rates related to our forward exchange contracts as of June 30, 2026, would affect earnings by approximately $131 million.Market risk (Item 7A)

Aerospace Systems Segment

concentrated in · 33%

Of the Company's $21.5 billion in net sales for fiscal year 2026, Diversified Industrial Segment products accounted for 67% and Aerospace Systems Segment products accounted for 33%.Business (Item 1)

Filtration Group Corporation (FGC)

named as a risk

In addition, we may not be able to integrate successfully any businesses that we purchase into our existing business, including FGC and Curtis, and it is possible that any acquired businesses or joint ventures may not be profitable.Risk factors (Item 1A)

CIRCOR Aerospace

named as a risk

In addition, we may be unable to consummate announced pending transactions, including the acquisition of CIRCOR Aerospace, due to an inability to obtain necessary regulatory approvals or support for otherwise suitable business targets or joint venture opportunities or otherwise, and we may be unable to obtain such regulatory approvals or support or otherwise consummate transactions on the timeline or terms that we anticipate, if at all.Risk factors (Item 1A)

Curtis Instruments, Inc.

named as a risk

On September 18, 2025, the Company completed the acquisition of Curtis Instruments, Inc. ("Curtis").Business (Item 1)

Competitors

Honeywell Aerospace Inc.

competes with

Although we believe that we are one of the market leaders in most of the major markets for our most significant Aerospace Systems Segment products, primary global competitors for these products include Crane Co., Eaton Corporation plc, Honeywell Aerospace Inc., Moog Inc., RTX Corporation, Safran S.A., Senior plc, Triumph Group, Inc., and Woodward, Inc.Business (Item 1)

Bosch Rexroth AG

competes with

While our primary global competitors include Bosch Rexroth AG, Copeland, Danaher Corporation, Danfoss A/S, Donaldson Company, Inc., Emerson/ASCO, Festo SE & Co., Freudenberg-NOK, Gates Corporation, IMI/Norgren, SMC Corporation, Swagelok Company, and Trelleborg AB, none of these businesses compete with every group or product in our Diversified Industrial Segment.Business (Item 1)

Places

Non-U.S. markets

earns from · approximately 36%named as a risk

Our net sales attributable to selling locations outside of the United States were approximately 36% in each of 2026, 2025 and 2024.Risk factors (Item 1A)

Also named by ABT, DELL, DOV, IBM, ITW, LRCX, MA, MDLZ and 4 more

China

operates innamed as a risk

Any increased trade barriers or restrictions on global trade, including trade with China or among North American trading partners, could adversely impact our business, results of operations or financial condition.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Commodities and inputs

Steel

exposed to its pricenamed as a risk

We primarily use steel, brass, copper, aluminum, nickel, rubber and thermoplastic materials and chemicals as the principal raw materials in our products.Business (Item 1)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Copper

exposed to its pricenamed as a risk

We primarily use steel, brass, copper, aluminum, nickel, rubber and thermoplastic materials and chemicals as the principal raw materials in our products.Business (Item 1)

Also named by AAON, AGX, AMKR, APG, APH, APLD, BMI, BWA and 58 more

Aluminum

exposed to its pricenamed as a risk

We primarily use steel, brass, copper, aluminum, nickel, rubber and thermoplastic materials and chemicals as the principal raw materials in our products.Business (Item 1)

Also named by AAON, ACHR, ALSN, AYI, BA, BALL, BF/B, BWA and 59 more

Rare earths

depends onnamed as a risk

We rely on a limited number of suppliers for certain critical components, such as specialty electronics, rare earths, specialty chemicals, aerospace super alloys and filtration media, and recent and planned acquisitions may increase our exposure to supply concentration risk.Risk factors (Item 1A)

Also named by AAPL

Specialty electronics

depends onnamed as a risk

Aerospace super alloys

depends onnamed as a risk

Electric power

exposed to its price

Our primary energy source for both of our business segments is electric power.Business (Item 1)

Also named by BX, DLR, DOW, EXP, OWL, SUN, SUNC

Regulators

Federal Aviation Administration (FAA)

subject tonamed as a risk

In addition, a product safety issue could result in mandatory or voluntary recalls, airworthiness directives from the Federal Aviation Administration or other regulatory authorities, grounding of aircraft or temporary cessation of operations by our airline customers.Risk factors (Item 1A)

Also named by ACHR, AIR, ALK, AMT, AVAV, BA, BRK/B, CCI and 27 more

Laws and programs

United States-Mexico-Canada Agreement (USMCA)

subject tonamed as a risk

For example, the global nature of our business and our operations exposes us to political, economic, and other conditions in foreign countries and regions, such as the uncertainty about the future relationship between the U.S. and China, including with respect to trade policies, treaties, government regulations and tariffs, and the potentialRisk factors (Item 1A)

Also named by AYI, BMI, BWA, CLF, CMI, CP, CW, DCH and 29 more

International Traffic in Arms Regulations (ITAR)

subject tonamed as a risk

Changes in export control lists or the scope of ITAR-controlled items may require us to modify our operations, obtain additional licenses or restrict certain business activities.Risk factors (Item 1A)

Also named by ACHR, ADI, AIR, ALSN, APH, AVAV, CDRE, CLS and 29 more

Cybersecurity Maturity Model Certification (CMMC)

subject tonamed as a risk

U.S. Government contractors are subject to extensive legal and regulatory requirements, including the International Traffic in Arms Regulations (“ITAR”), the Export Administration Regulations, the U.S. Foreign Corrupt Practices Act and evolving cybersecurity requirements such as the Cybersecurity Maturity Model Certification framework.Risk factors (Item 1A)

Also named by ADI, AVAV, BWXT, GE, HEI, HLIO, HON, HWM and 15 more

Superfund (CERCLA)

subject tonamed as a risk

We could incur substantial costs as a result of non-compliance with or liability for cleanup or other costs or damages under environmental laws, including the "Superfund" law.Risk factors (Item 1A)

Also named by ABBV, ABT, AMD, CRS, ED, FLS, IR, KVUE and 4 more

U.K. Bribery Act

subject tonamed as a risk

We are subject to national and international laws and regulations, such as the anti-corruption laws of the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act, relating to our business and our employees.Risk factors (Item 1A)

Also named by EEFT, EMR, FSS, GXO, TTEK, ULTA, WDFC

Technology

Data center infrastructure

earns fromnamed as a risk

For example, artificial intelligence technologies are rapidly developing and our business may be adversely affected if we cannot successfully integrate such technologies into our internal business processes and product and service offerings, or if we cannot effectively position our products to serve the needs of artificial intelligence technology providers, including data center infrastructure, in a timely, cost-effective, compliant and responsible manner.Risk factors (Item 1A)