Gross Profit Comparison: Cummins Inc. and Ingersoll Rand Inc. Trends

Cummins vs. Ingersoll: A Decade of Profit Growth

__timestampCummins Inc.Ingersoll Rand Inc.
Wednesday, January 1, 20144861000000936781000
Thursday, January 1, 20154947000000779100000
Friday, January 1, 20164452000000716731000
Sunday, January 1, 20175090000000897900000
Monday, January 1, 201857370000001012500000
Tuesday, January 1, 20195980000000911700000
Wednesday, January 1, 202048940000001613400000
Friday, January 1, 202156950000001988500000
Saturday, January 1, 202267190000002325600000
Sunday, January 1, 202382490000002882200000
Monday, January 1, 202484390000000
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A Decade of Gross Profit Trends: Cummins Inc. vs. Ingersoll Rand Inc.

In the ever-evolving landscape of industrial manufacturing, Cummins Inc. and Ingersoll Rand Inc. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Cummins Inc. has consistently outperformed Ingersoll Rand Inc. in terms of gross profit, with a notable surge of 70% from 2014 to 2023. Ingersoll Rand Inc., while trailing, has demonstrated a commendable growth of over 200% during the same period, reflecting its strategic adaptations and market expansions.

The year 2023 marked a pinnacle for both companies, with Cummins Inc. achieving its highest gross profit, nearly doubling its 2014 figures. Meanwhile, Ingersoll Rand Inc. reached a new peak, showcasing its resilience and growth potential. This comparison not only highlights the competitive dynamics between these industrial giants but also underscores the broader economic trends influencing the sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025