Cost of Revenue Trends: Parker-Hannifin Corporation vs Elbit Systems Ltd.

Cost of Revenue Trends: A Comparative Analysis

In the ever-evolving landscape of industrial and defense sectors, understanding cost dynamics is crucial. Parker-Hannifin Corporation, a leader in motion and control technologies, and Elbit Systems Ltd., a prominent defense electronics company, offer a fascinating study in cost of revenue trends from 2014 to 2023.

Key Insights

Parker-Hannifin consistently outpaces Elbit Systems in cost of revenue, reflecting its expansive operations. From 2014 to 2023, Parker-Hannifin's cost of revenue grew by approximately 24%, peaking at $12.6 billion in 2023. In contrast, Elbit Systems saw a 110% increase, reaching $4.5 billion in the same year. This stark difference highlights Parker-Hannifin's larger scale and Elbit's rapid growth trajectory.

Missing Data

While Parker-Hannifin's data extends into 2024, Elbit Systems' data for that year is unavailable, suggesting potential reporting delays or strategic shifts.

These trends underscore the diverse strategies and market conditions influencing these industry giants.