Parker-Hannifin Corporation and Stanley Black & Decker, Inc.: A Detailed Gross Profit Analysis

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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Data in motion

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. stand as titans. From 2014 to 2023, Parker-Hannifin's gross profit surged by over 135%, peaking at $7.13 billion in 2023. This remarkable growth reflects a strategic focus on innovation and efficiency. Meanwhile, Stanley Black & Decker experienced a more modest trajectory, with gross profits fluctuating around $4.1 billion in recent years. Notably, 2021 marked their highest point at $5.19 billion, showcasing resilience amidst global challenges. However, data for 2024 remains elusive, leaving room for speculation on future trends. This analysis underscores the dynamic nature of the industrial sector, where adaptability and foresight are key. As these companies navigate the complexities of the global market, their financial performance offers valuable insights into the broader economic landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025