Gross Profit Comparison: Cummins Inc. and Jacobs Engineering Group Inc. Trends

Gross Profit Trends: Cummins Inc. vs. Jacobs Engineering Group Inc.

In the ever-evolving landscape of industrial giants, Cummins Inc. and Jacobs Engineering Group Inc. have showcased intriguing trends in their gross profit margins over the past decade. From 2014 to 2023, Cummins Inc. has seen a remarkable growth of approximately 70%, peaking in 2023 with a gross profit of $8.25 billion. This represents a significant recovery from its 2016 low point. Meanwhile, Jacobs Engineering Group Inc. has experienced a steady upward trajectory, with a 96% increase in gross profit from 2016 to 2023, reaching $3.47 billion. Notably, 2018 marked a pivotal year for Jacobs, with a 60% surge in gross profit compared to the previous year. However, data for Cummins in 2024 remains elusive, leaving room for speculation on its future performance. These trends highlight the dynamic nature of the industrial sector and the resilience of these two companies.