Gross Profit Comparison: Parker-Hannifin Corporation and Stanley Black & Decker, Inc. Trends

Parker-Hannifin's profit soars, Stanley Black & Decker steadies.

__timestampParker-Hannifin CorporationStanley Black & Decker, Inc.
Wednesday, January 1, 201430277440004102700000
Thursday, January 1, 201530564990004072000000
Friday, January 1, 201625373690004267200000
Sunday, January 1, 201728403500004778000000
Monday, January 1, 201835395510004901900000
Tuesday, January 1, 201936168400004805500000
Wednesday, January 1, 202034090020004967900000
Friday, January 1, 202138979600005194200000
Saturday, January 1, 202244743410004284100000
Sunday, January 1, 202364293020004098000000
Monday, January 1, 202471277900004514400000
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Igniting the spark of knowledge

A Tale of Two Giants: Parker-Hannifin vs. Stanley Black & Decker

In the ever-evolving landscape of industrial manufacturing, Parker-Hannifin Corporation and Stanley Black & Decker, Inc. have long been titans. Over the past decade, these companies have showcased intriguing trends in their gross profit margins. From 2014 to 2023, Parker-Hannifin's gross profit surged by over 135%, peaking in 2023, while Stanley Black & Decker experienced a more modest 0.2% increase, with fluctuations along the way.

Key Insights

  • Parker-Hannifin's Growth: The company saw a remarkable rise, especially between 2022 and 2023, where profits jumped by nearly 44%.
  • Stanley Black & Decker's Stability: Despite a peak in 2021, the company maintained a steady profit margin, with a slight dip in 2023.

These trends highlight the dynamic nature of the industrial sector, where strategic decisions and market conditions can lead to significant financial shifts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025