Revenue Insights: Parker-Hannifin Corporation and Expeditors International of Washington, Inc. Performance Compared

Parker-Hannifin vs. Expeditors: A Decade of Revenue Dynamics

__timestampExpeditors International of Washington, Inc.Parker-Hannifin Corporation
Wednesday, January 1, 2014656472100013215971000
Thursday, January 1, 2015661663200012711744000
Friday, January 1, 2016609803700011360753000
Sunday, January 1, 2017692094800012029312000
Monday, January 1, 2018813836500014302392000
Tuesday, January 1, 2019817542600014320324000
Wednesday, January 1, 20201011648100013695520000
Friday, January 1, 20211652351700014347640000
Saturday, January 1, 20221707128400015861608000
Sunday, January 1, 2023930011000019065194000
Monday, January 1, 20241060051500019929606000
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Unlocking the unknown

Revenue Growth: A Tale of Two Giants

In the competitive landscape of industrial and logistics sectors, Parker-Hannifin Corporation and Expeditors International of Washington, Inc. have showcased intriguing revenue trajectories over the past decade. From 2014 to 2023, Parker-Hannifin consistently outperformed Expeditors, with a notable 44% increase in revenue, peaking at approximately $19 billion in 2023. Meanwhile, Expeditors experienced a significant revenue surge of 160% from 2016 to 2022, reaching a high of around $17 billion. However, 2023 saw a dip to $9.3 billion, highlighting potential market challenges. This comparison underscores Parker-Hannifin's steady growth and Expeditors' volatility, offering insights into their strategic positioning and market adaptability. As we look to 2024, Parker-Hannifin's continued growth trajectory remains promising, while Expeditors' future performance will be closely watched by industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025