A Side-by-Side Analysis of EBITDA: Parker-Hannifin Corporation and Howmet Aerospace Inc.

A Comparative Analysis of EBITDA: Parker-Hannifin vs. Howmet Aerospace

In the ever-evolving landscape of industrial manufacturing, Parker-Hannifin Corporation and Howmet Aerospace Inc. stand as titans. Over the past decade, Parker-Hannifin has consistently outperformed Howmet Aerospace in terms of EBITDA, showcasing a robust growth trajectory. From 2014 to 2023, Parker-Hannifin's EBITDA surged by approximately 122%, peaking in 2023 with a remarkable 4.07 billion. In contrast, Howmet Aerospace experienced a more volatile journey, with a notable dip in 2019, where EBITDA fell to 843 million, before recovering to 1.47 billion in 2023. This analysis highlights Parker-Hannifin's strategic prowess in maintaining steady growth, while Howmet Aerospace's fluctuating performance underscores the challenges faced in the aerospace sector. As we look to the future, the missing data for 2024 leaves room for speculation on how these industry giants will navigate the post-pandemic economic landscape.