Cost of Revenue Comparison: RTX Corporation vs Hubbell Incorporated

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of the industrial sector, RTX Corporation and Hubbell Incorporated stand as titans, each with a unique trajectory in cost management. From 2014 to 2023, RTX Corporation consistently outpaced Hubbell in cost of revenue, with figures peaking at approximately $65 billion in 2024, a staggering 37% increase from 2014. In contrast, Hubbell's cost of revenue grew by about 55% over the same period, reaching nearly $3.5 billion in 2023. This divergence highlights RTX's expansive operations and scale, while Hubbell's steady growth underscores its strategic cost efficiency. Notably, 2024 data for Hubbell remains elusive, leaving room for speculation on its future trajectory. As these companies navigate the complexities of the global market, their financial strategies offer valuable insights into the broader industrial landscape.