Gross Profit Comparison: Honeywell International Inc. and Textron Inc. Trends

Honeywell vs. Textron: A Decade of Profit Trends

__timestampHoneywell International Inc.Textron Inc.
Wednesday, January 1, 2014113490000002457000000
Thursday, January 1, 2015118340000002444000000
Friday, January 1, 2016121520000002477000000
Sunday, January 1, 2017129590000002403000000
Monday, January 1, 2018127560000002378000000
Tuesday, January 1, 2019123700000002224000000
Wednesday, January 1, 2020104680000001557000000
Friday, January 1, 2021109980000002085000000
Saturday, January 1, 2022116410000002069000000
Sunday, January 1, 2023136670000002278000000
Monday, January 1, 2024146620000002502000000
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Unlocking the unknown

A Tale of Two Giants: Honeywell vs. Textron

In the ever-evolving landscape of industrial giants, Honeywell International Inc. and Textron Inc. have carved distinct paths over the past decade. From 2014 to 2023, Honeywell's gross profit consistently outpaced Textron's, showcasing a robust growth trajectory. Honeywell's gross profit peaked in 2023, marking a 20% increase from its 2014 figures, despite a dip in 2020, likely due to global economic challenges. In contrast, Textron's profits remained relatively stable, with a notable spike in 2024, suggesting potential strategic shifts or market expansions.

Key Insights

  • Honeywell's Resilience: Despite a challenging 2020, Honeywell rebounded strongly, highlighting its adaptability and market strength.
  • Textron's Steady Course: While not as volatile, Textron's consistent performance underscores its steady market presence.

This comparison not only highlights the financial health of these corporations but also offers insights into their strategic maneuvers in a competitive market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025