Cummins Inc. vs Ingersoll Rand Inc.: Efficiency in Cost of Revenue Explored

Cost Efficiency Showdown: Cummins vs Ingersoll Rand

__timestampCummins Inc.Ingersoll Rand Inc.
Wednesday, January 1, 2014143600000001633224000
Thursday, January 1, 2015141630000001347800000
Friday, January 1, 2016130570000001222705000
Sunday, January 1, 2017153380000001477500000
Monday, January 1, 2018180340000001677300000
Tuesday, January 1, 2019175910000001540200000
Wednesday, January 1, 2020149170000003296800000
Friday, January 1, 2021183260000003163900000
Saturday, January 1, 2022213550000003590700000
Sunday, January 1, 2023258160000003993900000
Monday, January 1, 2024256630000000
Loading chart...

Igniting the spark of knowledge

Exploring Cost Efficiency: Cummins Inc. vs Ingersoll Rand Inc.

In the competitive landscape of industrial manufacturing, cost efficiency is paramount. Over the past decade, Cummins Inc. and Ingersoll Rand Inc. have demonstrated contrasting approaches to managing their cost of revenue. From 2014 to 2023, Cummins Inc. consistently reported higher costs, peaking at approximately $25.8 billion in 2023, a 79% increase from 2014. In contrast, Ingersoll Rand Inc. maintained a more modest growth, with costs rising by 145% to nearly $4 billion in the same period.

This divergence highlights Cummins' expansive operations and possibly higher production volumes, while Ingersoll Rand's leaner cost structure may reflect strategic efficiency or a focus on niche markets. As the industrial sector evolves, these trends offer valuable insights into how companies balance growth with cost management, shaping their competitive edge in a dynamic market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025