A Professional Review of EBITDA: Parker-Hannifin Corporation Compared to Cummins Inc.

Parker-Hannifin's EBITDA outpaces Cummins in recent years.

__timestampCummins Inc.Parker-Hannifin Corporation
Wednesday, January 1, 201424980000001832903000
Thursday, January 1, 201526040000001861551000
Friday, January 1, 201625340000001558088000
Sunday, January 1, 201730350000001846306000
Monday, January 1, 201834860000002382235000
Tuesday, January 1, 201936230000002513468000
Wednesday, January 1, 202031250000002431500000
Friday, January 1, 202128620000003092383000
Saturday, January 1, 202238020000002441242000
Sunday, January 1, 202330250000004071687000
Monday, January 1, 202463380000005028229000
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Unveiling the hidden dimensions of data

A Comparative Analysis of EBITDA: Parker-Hannifin vs. Cummins

In the ever-evolving landscape of industrial giants, Parker-Hannifin Corporation and Cummins Inc. have consistently demonstrated their prowess. Over the past decade, Parker-Hannifin has shown a remarkable growth trajectory, with its EBITDA surging by approximately 122% from 2014 to 2023. This growth is particularly notable in 2023, where Parker-Hannifin's EBITDA reached an impressive 4.07 billion, a significant leap from previous years.

Conversely, Cummins Inc. has maintained a steady performance, with its EBITDA peaking in 2022 at 3.80 billion, marking a 52% increase since 2014. However, 2023 saw a slight dip, highlighting the dynamic challenges faced by the industry.

This analysis underscores the resilience and strategic adaptability of these corporations, offering valuable insights for investors and industry enthusiasts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025