Gross Profit Comparison: PACCAR Inc and Cummins Inc. Trends

Decade-long gross profit trends of PACCAR Inc and Cummins Inc.

__timestamp	Cummins Inc.	PACCAR Inc
Wednesday, January 1, 2014	4861000000	2793200000
Thursday, January 1, 2015	4947000000	3121300000
Friday, January 1, 2016	4452000000	2753200000
Sunday, January 1, 2017	5090000000	2985600000
Monday, January 1, 2018	5737000000	3655800000
Tuesday, January 1, 2019	5980000000	4015400000
Wednesday, January 1, 2020	4894000000	2452000000
Friday, January 1, 2021	5695000000	3291900000
Saturday, January 1, 2022	6719000000	4751600000
Sunday, January 1, 2023	8249000000	7141900000
Monday, January 1, 2024	8439000000	5494700000

Igniting the spark of knowledge

Gross Profit Trends: PACCAR Inc vs. Cummins Inc

In the competitive landscape of the automotive industry, understanding financial performance is crucial. This chart provides a decade-long comparison of gross profit trends for PACCAR Inc and Cummins Inc, two giants in the sector. From 2014 to 2023, Cummins Inc consistently outperformed PACCAR Inc, with a notable peak in 2023 where its gross profit surged by approximately 70% compared to 2014. PACCAR Inc, while trailing, showed a remarkable growth of over 150% in the same period, highlighting its resilience and strategic advancements.

Key Insights

2014-2023 Growth: Cummins Inc's gross profit increased by around 70%, while PACCAR Inc's grew by over 150%.
2023 Peak: Cummins Inc reached its highest gross profit in 2023, while PACCAR Inc also saw significant gains.
Data Gaps: Note the absence of Cummins Inc's data for 2024, indicating potential reporting delays or other factors.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025