Cost of Revenue Comparison: Parker-Hannifin Corporation vs XPO Logistics, Inc.

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of industrial and logistics sectors, Parker-Hannifin Corporation and XPO Logistics, Inc. stand as titans. From 2014 to 2023, Parker-Hannifin's cost of revenue has shown a steady upward trajectory, peaking at approximately $12.6 billion in 2023, a 24% increase from 2014. In contrast, XPO Logistics experienced a dramatic rise, reaching its zenith in 2018 with a cost of revenue of around $14.7 billion, before declining to $6.97 billion in 2023. This fluctuation highlights the dynamic nature of the logistics industry, influenced by global supply chain challenges and market demands. Notably, data for 2024 is incomplete, reflecting the unpredictable nature of future market conditions. As these companies navigate the complexities of their respective industries, their financial strategies will be pivotal in shaping their competitive edge.