Gross Profit Comparison: RTX Corporation and Paychex, Inc. Trends

Comparing Gross Profit Trends of RTX and Paychex Over a Decade

__timestampPaychex, Inc.RTX Corporation
Wednesday, January 1, 2014178640000017653000000
Thursday, January 1, 2015193160000015667000000
Friday, January 1, 2016209480000015784000000
Sunday, January 1, 2017223170000015884000000
Monday, January 1, 2018236310000016516000000
Tuesday, January 1, 2019259470000019981000000
Wednesday, January 1, 202027597000008531000000
Friday, January 1, 2021278560000012491000000
Saturday, January 1, 2022325540000013668000000
Sunday, January 1, 2023355410000012089000000
Monday, January 1, 2024379900000015410000000
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Cracking the code

Gross Profit Trends: RTX Corporation vs. Paychex, Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in gross profit is crucial for investors and analysts alike. Over the past decade, RTX Corporation and Paychex, Inc. have showcased intriguing trajectories in their financial performance. From 2014 to 2024, Paychex, Inc. has seen a steady increase in gross profit, growing by approximately 113%, reflecting its robust business model and market adaptability. In contrast, RTX Corporation experienced fluctuations, with a notable dip in 2020, likely due to global economic disruptions, before rebounding by 80% in 2024 compared to its 2020 low. This comparison highlights the resilience and strategic pivots of these companies in response to market challenges. As we look to the future, these trends offer valuable insights into the financial health and strategic direction of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025