Gross Profit Comparison: Cummins Inc. and AMETEK, Inc. Trends

Cummins vs. AMETEK: A Decade of Profit Growth

__timestampAMETEK, Inc.Cummins Inc.
Wednesday, January 1, 201414249470004861000000
Thursday, January 1, 201514250150004947000000
Friday, January 1, 201612648670004452000000
Sunday, January 1, 201714487390005090000000
Monday, January 1, 201816595620005737000000
Tuesday, January 1, 201917876600005980000000
Wednesday, January 1, 202015435140004894000000
Friday, January 1, 202119126140005695000000
Saturday, January 1, 202221452690006719000000
Sunday, January 1, 202323844650018249000000
Monday, January 1, 202469411800008439000000
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Cracking the code

A Decade of Growth: Cummins Inc. vs. AMETEK, Inc.

In the ever-evolving landscape of industrial manufacturing, Cummins Inc. and AMETEK, Inc. have showcased remarkable resilience and growth over the past decade. From 2014 to 2023, Cummins Inc. has consistently outperformed AMETEK, Inc. in terms of gross profit, with a staggering 70% increase, peaking at $8.25 billion in 2023. Meanwhile, AMETEK, Inc. has demonstrated steady growth, achieving a 67% rise in gross profit, reaching $2.38 billion in the same year.

This comparison highlights the dynamic nature of the industrial sector, where both companies have navigated economic challenges and capitalized on opportunities. Cummins Inc.'s robust growth trajectory underscores its strategic initiatives and market adaptability, while AMETEK, Inc.'s consistent performance reflects its commitment to innovation and operational excellence. As we look to the future, these trends offer valuable insights into the competitive strategies shaping the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025