Breaking Down Revenue Trends: Howmet Aerospace Inc. vs Cummins Inc.

Comparing Revenue Growth: Howmet vs Cummins (2014-2023)

__timestampCummins Inc.Howmet Aerospace Inc.
Wednesday, January 1, 20141922100000012542000000
Thursday, January 1, 20151911000000012413000000
Friday, January 1, 20161750900000012394000000
Sunday, January 1, 20172042800000012960000000
Monday, January 1, 20182377100000014014000000
Tuesday, January 1, 20192357100000014192000000
Wednesday, January 1, 2020198110000005259000000
Friday, January 1, 2021240210000004972000000
Saturday, January 1, 2022280740000005663000000
Sunday, January 1, 2023340650000006640000000
Monday, January 1, 2024341020000007430000000
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In pursuit of knowledge

Revenue Trends: Howmet Aerospace Inc. vs Cummins Inc.

In the ever-evolving landscape of aerospace and automotive industries, Howmet Aerospace Inc. and Cummins Inc. have showcased intriguing revenue trajectories over the past decade. From 2014 to 2023, Cummins Inc. has demonstrated a robust growth pattern, with its revenue surging by approximately 77%, peaking in 2023. This growth reflects Cummins' strategic expansions and innovations in engine technology.

Conversely, Howmet Aerospace Inc. experienced a more volatile revenue trend. After a peak in 2019, its revenue plummeted by over 60% in 2020, likely due to industry disruptions. However, a gradual recovery is evident, with a 33% increase from 2020 to 2023. This recovery underscores Howmet's resilience and adaptability in the aerospace sector.

These trends highlight the dynamic nature of these industries and the companies' strategic responses to market challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025