A Professional Review of EBITDA: Parker-Hannifin Corporation Compared to IDEX Corporation

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

In the world of industrial manufacturing, Parker-Hannifin Corporation and IDEX Corporation stand as titans. Over the past decade, Parker-Hannifin has consistently outperformed IDEX in terms of EBITDA, showcasing a robust growth trajectory. From 2014 to 2023, Parker-Hannifin's EBITDA surged by approximately 122%, peaking at an impressive $4.07 billion in 2023. In contrast, IDEX's EBITDA grew by about 91% during the same period, reaching $964 million in 2023.

The year 2021 marked a significant leap for Parker-Hannifin, with a 27% increase in EBITDA compared to the previous year, while IDEX saw a 19% rise. This trend underscores Parker-Hannifin's strategic prowess in navigating market challenges and capitalizing on growth opportunities. As we look to 2024, Parker-Hannifin's projected EBITDA of $5.03 billion suggests continued dominance, though IDEX's data remains elusive.