Who Generates More Revenue? Union Pacific Corporation or Parker-Hannifin Corporation

Revenue Race: Union Pacific vs. Parker-Hannifin

In the competitive landscape of American industry, Union Pacific Corporation and Parker-Hannifin Corporation stand as titans in their respective fields. Over the past decade, Union Pacific, a leader in rail transportation, consistently outpaced Parker-Hannifin, a key player in motion and control technologies, in revenue generation. From 2014 to 2023, Union Pacific's revenue averaged around 22 billion annually, peaking in 2022 with a 25% increase from its 2016 low. Meanwhile, Parker-Hannifin saw a steady climb, culminating in a 40% rise by 2023 compared to 2016. Despite Parker-Hannifin's impressive growth, Union Pacific maintained a revenue lead of approximately 50% each year. The data for 2024 is incomplete, but the trend suggests Parker-Hannifin is closing the gap. This financial duel highlights the dynamic nature of industrial growth and the resilience of these corporate giants.