Comparing Revenue Performance: Parker-Hannifin Corporation or Elbit Systems Ltd.?

Parker-Hannifin vs. Elbit Systems: A Decade of Revenue Growth

__timestampElbit Systems Ltd.Parker-Hannifin Corporation
Wednesday, January 1, 2014295824800013215971000
Thursday, January 1, 2015310758100012711744000
Friday, January 1, 2016326021900011360753000
Sunday, January 1, 2017337782500012029312000
Monday, January 1, 2018368368400014302392000
Tuesday, January 1, 2019450840000014320324000
Wednesday, January 1, 2020466257200013695520000
Friday, January 1, 2021527852100014347640000
Saturday, January 1, 2022551154900015861608000
Sunday, January 1, 2023597474400019065194000
Monday, January 1, 202419929606000
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Cracking the code

Revenue Showdown: Parker-Hannifin vs. Elbit Systems

In the ever-evolving landscape of industrial and defense sectors, Parker-Hannifin Corporation and Elbit Systems Ltd. have emerged as key players. Over the past decade, Parker-Hannifin has consistently outperformed Elbit Systems in terms of revenue, showcasing a robust growth trajectory. From 2014 to 2023, Parker-Hannifin's revenue surged by approximately 44%, reaching nearly $19 billion in 2023. In contrast, Elbit Systems experienced a more modest growth of around 102%, with revenues peaking at nearly $6 billion in the same year.

A Decade of Growth

Parker-Hannifin's dominance is evident, with its revenue consistently more than double that of Elbit Systems. However, Elbit Systems has shown resilience, with a steady upward trend, particularly notable from 2018 onwards. As we look to the future, the missing data for 2024 leaves room for speculation on whether Parker-Hannifin will maintain its lead or if Elbit Systems will close the gap.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025