Revenue Showdown: Parker-Hannifin Corporation vs Snap-on Incorporated

Parker-Hannifin vs Snap-on: A Decade of Revenue Growth

__timestampParker-Hannifin CorporationSnap-on Incorporated
Wednesday, January 1, 2014132159710003277700000
Thursday, January 1, 2015127117440003352800000
Friday, January 1, 2016113607530003430400000
Sunday, January 1, 2017120293120003686900000
Monday, January 1, 2018143023920003740700000
Tuesday, January 1, 2019143203240003730000000
Wednesday, January 1, 2020136955200003592500000
Friday, January 1, 2021143476400004252000000
Saturday, January 1, 2022158616080004492800000
Sunday, January 1, 2023190651940005108300000
Monday, January 1, 2024199296060004707400000
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Unveiling the hidden dimensions of data

Revenue Showdown: Parker-Hannifin vs Snap-on

In the competitive landscape of industrial manufacturing, Parker-Hannifin Corporation and Snap-on Incorporated have been key players. Over the past decade, Parker-Hannifin has consistently outperformed Snap-on in terms of revenue. From 2014 to 2023, Parker-Hannifin's revenue surged by approximately 51%, peaking at nearly $19 billion in 2023. In contrast, Snap-on's revenue grew by about 56% during the same period, reaching over $5 billion.

A Decade of Growth

Parker-Hannifin's revenue growth reflects its strategic acquisitions and expansion into emerging markets. Meanwhile, Snap-on's steady rise highlights its focus on innovation and customer-centric solutions. However, the data for 2024 is incomplete, leaving room for speculation on future trends.

The Road Ahead

As both companies continue to innovate, the coming years will be crucial in determining who will lead the industrial manufacturing sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025