Comparing the current results to its competitors, Parker Hannifin reported Revenue increase in the 4 quarter 2026 by 9.76 % year on year. The revenue growth was below Parker Hannifin's competitors' average revenue growth of 9.96 %, achieved in the same quarter.
Parker Hannifin's Comment on Competition and Industry Peers
Parker operates in highly competitive global markets with numerous competitors across various product lines and regions, including both U.S. and non-U.S. companies. Competition differs by product line, end market, and geographic location, with no single competitor present across all Parker products. In the Diversified Industrial Segment, Parker competes based on product quality, innovation, customer experience, manufacturing and distribution capabilities, aftermarket support, and price competitiveness. The company holds a leading market position in most major markets for its Diversified Industrial Segment products and provides a range of motion and control technologies with broad systems capabilities.
February 15, 2024
Parker Hannifin Corporation to Present at Barclays 41st Annual Industrial Select ConferenceCleveland-based technology leader, Parker Hannifin Corporation (NYSE: PH), has been announced as one of the esteemed presenters at the upcoming Barclays 41st Annual Industrial Select Conference. Scheduled to take place in Miami, Florida on February 21, 2024, at 10:20 a.m. Eastern time, this conference offers a platform for industry leaders to showcase their accomplishments and future plans.Parker Hannifin, a global frontrunner in motion and control technologies, reported an impressive 3.13% year-on-year increase in revenue during the fourth quarter of 2023. This growth surpasses the average revenue growth of its compet...
Publicly Traded Peers of Parker hannifin Corporation
Advanced Drainage Systems Inc Share Performance
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Over The Past 5 Days
Advanced Drainage Systems Inc
Profile
Advanced Drainage Systems Inc operates through a direct sales model, catering primarily to the construction industry. By offering a wide range of high-quality and sustainable drainage products, the company aims to meet the diverse needs of its customers across various end markets. Through its extensive distribution network, Advanced Drainage Systems delivers its products efficiently, ensuring customer satisfaction and building long-term relationships.
Hubbell Inc operates as a diversified manufacturer and supplier of electrical and electronic products for a wide range of applications. The company's business model focuses on designing, manufacturing, and marketing a comprehensive portfolio of innovative products, solutions, and services to various market segments including residential, commercial, industrial, and utility. Hubbell Inc aims to meet the evolving needs of customers by providing reliable, energy-efficient products that comply with industry standards and regulations.
Huntsman Corporation operates as a global manufacturer and marketer of differentiated chemicals. The company focuses on producing and selling a wide range of chemical products across various industries, including chemicals for plastics, coatings, textiles, detergents, and automotive markets. Huntsman's business model aims to meet customer needs through innovation, efficiency, and global distribution channels.
Sources:
Parker hannifin Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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