FedEx Corporation and ITT Inc.: A Detailed Gross Profit Analysis

FedEx vs. ITT: A Decade of Gross Profit Growth

__timestampFedEx CorporationITT Inc.
Wednesday, January 1, 20149373000000866400000
Thursday, January 1, 20158558000000809100000
Friday, January 1, 201610328000000758200000
Sunday, January 1, 201713808000000817200000
Monday, January 1, 201814700000000887200000
Tuesday, January 1, 201914827000000910100000
Wednesday, January 1, 202013344000000782200000
Friday, January 1, 202117954000000899500000
Saturday, January 1, 202220167000000922300000
Sunday, January 1, 2023191660000001107300000
Monday, January 1, 2024189520000001247300000
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Cracking the code

A Comparative Analysis of FedEx Corporation and ITT Inc.'s Gross Profit Trends

In the ever-evolving landscape of global commerce, FedEx Corporation and ITT Inc. stand as titans in their respective industries. Over the past decade, FedEx has demonstrated a robust growth trajectory, with its gross profit surging by approximately 104% from 2014 to 2023. This growth underscores FedEx's strategic prowess in logistics and delivery services. In contrast, ITT Inc., a leader in engineering and manufacturing, has shown a more modest increase of around 28% in the same period. Notably, 2023 marked a peak for ITT with a gross profit of over $1.1 billion, reflecting its resilience amidst market fluctuations. However, data for 2024 remains incomplete, leaving room for speculation on future trends. This analysis highlights the dynamic nature of these industries and the strategic maneuvers that drive financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025