Gross Profit Comparison: Pentair plc and ITT Inc. Trends

Pentair vs. ITT: A Decade of Profit Trends

__timestampITT Inc.Pentair plc
Wednesday, January 1, 20148664000002476000000
Thursday, January 1, 20158091000002185800000
Friday, January 1, 20167582000001794100000
Sunday, January 1, 20178172000001829100000
Monday, January 1, 20188872000001047700000
Tuesday, January 1, 20199101000001051500000
Wednesday, January 1, 20207822000001057600000
Friday, January 1, 20218995000001319200000
Saturday, January 1, 20229223000001364600000
Sunday, January 1, 202311073000001519200000
Monday, January 1, 202412473000001598800000
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Data in motion

A Decade of Gross Profit Trends: Pentair plc vs. ITT Inc.

In the ever-evolving landscape of industrial manufacturing, Pentair plc and ITT Inc. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Pentair plc's gross profit experienced a notable decline of approximately 39%, starting at a peak in 2014 and reaching its lowest in 2018. However, a recovery trend is evident, with a 45% increase from 2018 to 2023. In contrast, ITT Inc. demonstrated a more stable performance, with a 28% increase in gross profit over the same period, peaking in 2023. This comparison highlights the resilience and strategic adaptations of these companies amidst market fluctuations. As the industrial sector continues to adapt to global challenges, these trends offer valuable insights into the financial health and strategic direction of two key players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025