Gross Profit Analysis: Comparing Oracle Corporation and Fortive Corporation

Oracle vs. Fortive: A Decade of Gross Profit Trends

__timestampFortive CorporationOracle Corporation
Wednesday, January 1, 2014304920000031039000000
Thursday, January 1, 2015299530000030694000000
Friday, January 1, 2016303280000029568000000
Sunday, January 1, 2017329850000030276000000
Monday, January 1, 2018332130000031771000000
Tuesday, January 1, 2019368030000031511000000
Wednesday, January 1, 2020260850000031130000000
Friday, January 1, 2021300710000032624000000
Saturday, January 1, 2022336340000033563000000
Sunday, January 1, 2023359410000036390000000
Monday, January 1, 2024373100000037818000000
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Cracking the code

Gross Profit Trends: Oracle vs. Fortive

In the ever-evolving landscape of technology and industrial solutions, Oracle Corporation and Fortive Corporation stand as giants. Over the past decade, Oracle has consistently outperformed Fortive in terms of gross profit, showcasing its dominance in the software industry. From 2014 to 2023, Oracle's gross profit surged by approximately 17%, peaking at an impressive $36.39 billion in 2023. In contrast, Fortive's growth was more modest, with a 17% increase, reaching $3.59 billion in the same year.

Despite Fortive's steady growth, Oracle's gross profit remains nearly ten times higher, highlighting its robust market position. Notably, 2020 was a challenging year for both companies, with Fortive experiencing a dip to $2.61 billion, while Oracle maintained stability. As we look to the future, Oracle's projected gross profit for 2024 suggests continued growth, while Fortive's data remains incomplete, leaving room for speculation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025