Who Generates More Revenue? Deere & Company or Parker-Hannifin Corporation

A Decade of Revenue Rivalry: Deere & Company vs. Parker-Hannifin Corporation

In the competitive landscape of industrial giants, Deere & Company and Parker-Hannifin Corporation have been vying for revenue supremacy over the past decade. From 2014 to 2023, Deere & Company consistently outperformed Parker-Hannifin, with revenue figures peaking at approximately 61 billion in 2023, a staggering 220% increase from its 2016 low. Meanwhile, Parker-Hannifin's revenue grew steadily, reaching nearly 20 billion in 2024, marking a 75% rise from 2016. This period highlights Deere's robust growth trajectory, particularly in 2022 and 2023, where it saw a significant surge. Parker-Hannifin, while trailing, demonstrated resilience with a consistent upward trend. As we look to the future, the question remains: will Parker-Hannifin close the gap, or will Deere continue to dominate? This financial duel offers a fascinating glimpse into the strategies and market dynamics of these industrial titans.