Gross Profit Analysis: Comparing Howmet Aerospace Inc. and Axon Enterprise, Inc.

Gross Profit Trends: Howmet Aerospace vs. Axon Enterprise

In the ever-evolving landscape of aerospace and technology, Howmet Aerospace Inc. and Axon Enterprise, Inc. have shown distinct trajectories in their gross profit over the past decade. From 2014 to 2023, Howmet Aerospace's gross profit peaked in 2019, reaching nearly 3 billion, before experiencing a decline, likely due to industry challenges. In contrast, Axon Enterprise has demonstrated a robust growth pattern, with its gross profit surging by over 840% from 2014 to 2023, reflecting its strategic advancements in public safety technology.

Key Insights

• Howmet Aerospace: Despite a strong start, the company faced a downturn post-2019, with profits dropping by approximately 37% by 2023.
• Axon Enterprise: A consistent upward trend, with a notable increase in gross profit, especially from 2020 onwards, highlighting its resilience and market adaptability.

These trends underscore the dynamic nature of these industries and the strategic pivots companies must make to thrive.