Who Generates More Revenue? Lockheed Martin Corporation or Pentair plc

Lockheed Martin's revenue dwarfs Pentair's by 15x in 2023.

__timestampLockheed Martin CorporationPentair plc
Wednesday, January 1, 2014456000000007039000000
Thursday, January 1, 2015461320000006449000000
Friday, January 1, 2016472480000004890000000
Sunday, January 1, 2017510480000004936500000
Monday, January 1, 2018537620000002965100000
Tuesday, January 1, 2019598120000002957200000
Wednesday, January 1, 2020653980000003017800000
Friday, January 1, 2021670440000003764800000
Saturday, January 1, 2022659840000004121800000
Sunday, January 1, 2023675710000004104500000
Monday, January 1, 2024710430000004082800000
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Igniting the spark of knowledge

Revenue Showdown: Lockheed Martin vs. Pentair

In the competitive landscape of global corporations, revenue generation is a key indicator of success. Lockheed Martin Corporation, a titan in the aerospace and defense industry, consistently outpaces Pentair plc, a leader in water solutions, in annual revenue. From 2014 to 2023, Lockheed Martin's revenue surged by approximately 56%, peaking at $71 billion in 2023. In contrast, Pentair's revenue fluctuated, reaching a high of $7 billion in 2014 but settling around $4 billion in recent years.

Lockheed Martin's robust growth can be attributed to its strategic defense contracts and technological advancements, while Pentair's revenue reflects the challenges and opportunities in the water management sector. The data highlights a stark contrast: Lockheed Martin's revenue is nearly 15 times that of Pentair's in 2023. This comparison underscores the diverse dynamics and scale of operations between these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025