Gross Profit Analysis: Comparing Expeditors International of Washington, Inc. and Clean Harbors, Inc.

Gross Profit Trends: A Tale of Two Companies

In the competitive landscape of logistics and environmental services, Expeditors International of Washington, Inc. and Clean Harbors, Inc. have shown intriguing financial trajectories over the past decade. From 2014 to 2023, Expeditors International's gross profit surged by approximately 63%, peaking in 2022. Meanwhile, Clean Harbors experienced a remarkable 74% increase, with its highest gross profit recorded in 2023.

Yearly Insights

In 2014, Clean Harbors started with a gross profit of around $960 million, slightly ahead of Expeditors International's $764 million. By 2021, Expeditors International had a significant leap, reaching over $2.16 billion, while Clean Harbors steadily climbed to $1.2 billion. The year 2022 marked a pivotal point for both, with Expeditors maintaining its lead. However, in 2023, Clean Harbors closed the gap, showcasing its resilience and strategic growth.

These trends highlight the dynamic nature of these industries and the strategic maneuvers companies must undertake to thrive.