Annual Revenue Comparison: Parker-Hannifin Corporation vs Pentair plc

A Tale of Two Giants: Parker-Hannifin vs. Pentair

In the ever-evolving landscape of industrial manufacturing, Parker-Hannifin Corporation and Pentair plc have emerged as formidable players. Over the past decade, Parker-Hannifin has consistently outpaced Pentair in annual revenue, showcasing a robust growth trajectory. From 2014 to 2023, Parker-Hannifin's revenue surged by approximately 51%, peaking at nearly $20 billion in 2023. In contrast, Pentair's revenue experienced fluctuations, with a notable dip in 2018, before stabilizing around $4 billion in recent years.

Revenue Trends and Insights

Parker-Hannifin's strategic expansions and innovations have fueled its impressive growth, while Pentair's focus on water solutions has maintained its steady presence. The data highlights a significant revenue gap, with Parker-Hannifin consistently generating over three times the revenue of Pentair. As we look to the future, the absence of 2024 data for Pentair leaves room for speculation on its next strategic move.