Cost of Revenue Trends: Hubbell Incorporated vs Clean Harbors, Inc.

Cost of Revenue Trends: A Comparative Analysis

Hubbell Incorporated vs Clean Harbors, Inc.

In the ever-evolving landscape of industrial and environmental services, understanding cost dynamics is crucial. Over the past decade, Hubbell Incorporated and Clean Harbors, Inc. have showcased distinct trends in their cost of revenue. From 2014 to 2023, Hubbell's cost of revenue increased by approximately 55%, peaking in 2023. Meanwhile, Clean Harbors experienced a more dramatic rise of nearly 94% over the same period. Notably, 2022 marked a significant year for both companies, with Clean Harbors' costs surging by 35% compared to the previous year, while Hubbell saw a modest 14% increase. These trends reflect broader industry shifts and strategic decisions made by each company. As businesses navigate the complexities of cost management, these insights offer a window into the financial strategies of two industry leaders.