Ferguson plc and Avery Dennison Corporation: A Detailed Gross Profit Analysis

A Comparative Analysis of Gross Profit Trends: Ferguson plc vs. Avery Dennison Corporation

In the ever-evolving landscape of global business, understanding the financial health of industry leaders is crucial. This analysis delves into the gross profit trends of Ferguson plc and Avery Dennison Corporation from 2014 to 2023. Over this decade, Ferguson plc has consistently outperformed Avery Dennison, with its gross profit peaking at approximately $9 billion in 2023, marking a remarkable 45% increase from 2014. In contrast, Avery Dennison's gross profit saw a steady rise, reaching its zenith in 2022 with a 46% increase from 2014, before slightly declining in 2023. This data highlights Ferguson's robust growth trajectory, while Avery Dennison demonstrates resilience amidst market fluctuations. Notably, the data for 2024 is incomplete, offering an opportunity for future analysis. These insights provide a window into the strategic maneuvers and market dynamics shaping these corporate giants.