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

Parker-Hannifin's EBITDA dominance over ITT Inc. from 2014-2023.

__timestampITT Inc.Parker-Hannifin Corporation
Wednesday, January 1, 20143867000001832903000
Thursday, January 1, 20154027000001861551000
Friday, January 1, 20163780000001558088000
Sunday, January 1, 20174150000001846306000
Monday, January 1, 20184690000002382235000
Tuesday, January 1, 20195139000002513468000
Wednesday, January 1, 20204550000002431500000
Friday, January 1, 20215456000003092383000
Saturday, January 1, 20225545000002441242000
Sunday, January 1, 20236391000004071687000
Monday, January 1, 20248215000005028229000
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In pursuit of knowledge

A Comparative Analysis of EBITDA Growth: Parker-Hannifin vs. ITT Inc.

In the ever-evolving landscape of industrial manufacturing, Parker-Hannifin Corporation and ITT Inc. have emerged as key players. Over the past decade, Parker-Hannifin has consistently outperformed ITT Inc. in terms of EBITDA, showcasing a robust growth trajectory. From 2014 to 2023, Parker-Hannifin's EBITDA surged by approximately 122%, peaking at over $4 billion in 2023. In contrast, ITT Inc. experienced a more modest growth of around 65% during the same period, reaching just over $600 million.

This stark contrast highlights Parker-Hannifin's strategic prowess in capitalizing on market opportunities and optimizing operational efficiencies. The data for 2024 is incomplete, but the trend suggests Parker-Hannifin's continued dominance. As the industrial sector braces for future challenges, these insights provide a valuable lens into the financial health and strategic direction of these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025