Caterpillar Inc. and ITT Inc.: A Detailed Gross Profit Analysis

Caterpillar vs. ITT: A Decade of Profit Growth

__timestampCaterpillar Inc.ITT Inc.
Wednesday, January 1, 201414793000000866400000
Thursday, January 1, 201512878000000809100000
Friday, January 1, 20169632000000758200000
Sunday, January 1, 201713767000000817200000
Monday, January 1, 201817003000000887200000
Tuesday, January 1, 201916416000000910100000
Wednesday, January 1, 202012077000000782200000
Friday, January 1, 202115003000000899500000
Saturday, January 1, 202217512000000922300000
Sunday, January 1, 2023232630000001107300000
Monday, January 1, 2024233240000001247300000
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In pursuit of knowledge

A Tale of Two Giants: Caterpillar Inc. vs. ITT Inc.

In the world of industrial manufacturing, Caterpillar Inc. and ITT Inc. have long been stalwarts, each carving out a niche in their respective domains. Over the past decade, from 2014 to 2023, Caterpillar's gross profit has shown a robust upward trajectory, peaking in 2023 with a remarkable 57% increase from its 2016 low. This growth underscores Caterpillar's resilience and strategic prowess in navigating market challenges.

Conversely, ITT Inc. has maintained a steady course, with its gross profit increasing by approximately 46% over the same period. While ITT's figures are more modest compared to Caterpillar, its consistent performance highlights its stability and reliability in the industrial sector.

This analysis not only showcases the financial health of these two companies but also reflects broader trends in the industrial manufacturing landscape, where adaptability and innovation are key to sustained success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025