Gross Profit Trends: Expeditors International vs. ITT Inc.

In the ever-evolving landscape of global logistics and engineering, two giants, Expeditors International of Washington, Inc. and ITT Inc., have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Expeditors International has seen a remarkable 63% increase in gross profit, peaking in 2022. This surge underscores the company's robust adaptation to global supply chain challenges. Meanwhile, ITT Inc. has demonstrated steady growth, with a 28% rise in gross profit over the same period, reflecting its resilience in the industrial sector.

Key Insights

• Expeditors International: Notably, 2021 marked a significant leap, with gross profit nearly doubling from 2020, highlighting strategic expansions and operational efficiencies.
• ITT Inc.: Despite a dip in 2020, the company rebounded strongly, achieving its highest gross profit in 2023.

These trends offer a compelling narrative of strategic growth and resilience in the face of global economic shifts.