Annual Revenue Comparison: Parker-Hannifin Corporation vs Xylem Inc.

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

In the ever-evolving landscape of industrial manufacturing, Parker-Hannifin Corporation and Xylem Inc. stand as titans, each carving its niche in the market. Over the past decade, Parker-Hannifin has consistently outpaced Xylem in 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, Xylem's revenue grew by about 88% during the same period, reaching over $7 billion in 2023.

This comparison highlights Parker-Hannifin's dominance in scale, while Xylem's impressive growth rate underscores its agility and potential in the water technology sector. The data for 2024 remains incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial performances will be pivotal in shaping the industrial landscape.