CNH Industrial N.V. vs ITT Inc.: A Gross Profit Performance Breakdown

A Decade of Gross Profit Performance: CNH Industrial N.V. vs ITT Inc.

In the competitive landscape of industrial giants, CNH Industrial N.V. and ITT Inc. have showcased intriguing trends in gross profit over the past decade. From 2014 to 2023, CNH Industrial N.V. consistently outperformed ITT Inc., with an average gross profit nearly 7 times higher. Notably, CNH Industrial N.V. peaked in 2023, achieving a 12% increase from its 2014 figures, while ITT Inc. saw a 28% rise in the same period. The year 2020 marked a challenging phase for both, with CNH Industrial N.V. experiencing a 33% dip from its 2019 performance, reflecting broader economic impacts. However, the subsequent recovery was robust, particularly for CNH Industrial N.V., which rebounded with a 68% surge by 2023. This analysis underscores the resilience and strategic prowess of these industrial leaders in navigating economic fluctuations.