Analyzing Cost of Revenue: Parker-Hannifin Corporation and Norfolk Southern Corporation

Cost of Revenue: Parker-Hannifin vs. Norfolk Southern

__timestampNorfolk Southern CorporationParker-Hannifin Corporation
Wednesday, January 1, 2014710900000010188227000
Thursday, January 1, 201566510000009655245000
Friday, January 1, 201660150000008823384000
Sunday, January 1, 201762240000009188962000
Monday, January 1, 2018684400000010762841000
Tuesday, January 1, 2019656700000010703484000
Wednesday, January 1, 2020574900000010286518000
Friday, January 1, 2021614800000010449680000
Saturday, January 1, 2022722300000011387267000
Sunday, January 1, 2023677400000012635892000
Monday, January 1, 2024758000000012801816000
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Cracking the code

Analyzing Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of American industry, Parker-Hannifin Corporation and Norfolk Southern Corporation stand as titans in their respective fields. From 2014 to 2023, Parker-Hannifin consistently outpaced Norfolk Southern in terms of cost of revenue, with a notable 20% higher average. This trend underscores Parker-Hannifin's expansive operations in motion and control technologies. Norfolk Southern, a leader in rail transportation, saw fluctuations, peaking in 2014 and 2022, reflecting the dynamic nature of the logistics sector. Interestingly, Parker-Hannifin's cost of revenue surged by approximately 24% from 2016 to 2023, highlighting its aggressive growth strategy. Meanwhile, Norfolk Southern's cost of revenue remained relatively stable, with a slight dip in 2020, likely due to pandemic-related disruptions. As we look to 2024, Parker-Hannifin's data continues, while Norfolk Southern's remains elusive, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025