Gross Profit Comparison: Snap-on Incorporated and CNH Industrial N.V. Trends

Snap-on vs. CNH: A Decade of Profit Trends

__timestampCNH Industrial N.V.Snap-on Incorporated
Wednesday, January 1, 201470210000001584300000
Thursday, January 1, 201555550000001648300000
Friday, January 1, 201653330000001709600000
Sunday, January 1, 201757400000001824900000
Monday, January 1, 201867480000001870000000
Tuesday, January 1, 201962470000001844000000
Wednesday, January 1, 202047050000001748500000
Friday, January 1, 202174770000002110800000
Saturday, January 1, 202267540000002181100000
Sunday, January 1, 202378890000002619800000
Monday, January 1, 20242377900000
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In pursuit of knowledge

A Tale of Two Giants: Snap-on vs. CNH Industrial

In the ever-evolving landscape of industrial manufacturing, Snap-on Incorporated and CNH Industrial N.V. have emerged as formidable players. Over the past decade, these companies have showcased distinct trajectories in their gross profit margins. From 2014 to 2023, CNH Industrial's gross profit fluctuated, peaking in 2023 with a 12% increase from its 2014 figures. Meanwhile, Snap-on demonstrated a steady upward trend, culminating in a remarkable 65% growth over the same period.

Key Insights

  • Snap-on's Resilience: Despite economic challenges, Snap-on's gross profit consistently rose, reflecting its robust business model and market adaptability.
  • CNH's Recovery: After a dip in 2020, CNH Industrial rebounded strongly, highlighting its strategic pivots and operational efficiencies.

These trends underscore the dynamic nature of the industrial sector, where adaptability and strategic foresight are paramount for sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025