Gross Profit Comparison: Stanley Black & Decker, Inc. and Allegion plc Trends

Comparing Profit Trends of Industry Leaders: 2014-2023

__timestampAllegion plcStanley Black & Decker, Inc.
Wednesday, January 1, 20148537000004102700000
Thursday, January 1, 20158691000004072000000
Friday, January 1, 20169853000004267200000
Sunday, January 1, 201710707000004778000000
Monday, January 1, 201811733000004901900000
Tuesday, January 1, 201912523000004805500000
Wednesday, January 1, 202011788000004967900000
Friday, January 1, 202112049000005194200000
Saturday, January 1, 202213224000004284100000
Sunday, January 1, 202315815000004098000000
Monday, January 1, 202416685000004514400000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the competitive landscape of industrial tools and security solutions, Stanley Black & Decker, Inc. and Allegion plc have carved out significant market positions. Over the past decade, from 2014 to 2023, these two companies have shown distinct trends in their gross profit margins.

Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. has maintained a robust gross profit, peaking in 2021 with a 28% increase from its 2014 figures. However, recent years have seen a decline, with 2023 figures dropping by approximately 21% from their peak.

Allegion plc

Allegion plc, on the other hand, has demonstrated a steady upward trajectory, with a remarkable 85% growth in gross profit from 2014 to 2023. This consistent rise underscores Allegion's strategic positioning and market adaptability.

These trends highlight the dynamic nature of the industry and the varying strategies employed by these two leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025