Gross Profit Comparison: Texas Instruments Incorporated and Fortive Corporation Trends

Texas Instruments vs. Fortive: A Decade of Profit Trends

__timestampFortive CorporationTexas Instruments Incorporated
Wednesday, January 1, 201430492000007427000000
Thursday, January 1, 201529953000007560000000
Friday, January 1, 201630328000008240000000
Sunday, January 1, 201732985000009614000000
Monday, January 1, 2018332130000010277000000
Tuesday, January 1, 201936803000009164000000
Wednesday, January 1, 202026085000009269000000
Friday, January 1, 2021300710000012376000000
Saturday, January 1, 2022336340000013771000000
Sunday, January 1, 2023359410000011019000000
Monday, January 1, 202437310000009094000000
Loading chart...

In pursuit of knowledge

A Tale of Two Giants: Texas Instruments vs. Fortive Corporation

In the ever-evolving landscape of technology and industrial innovation, Texas Instruments Incorporated and Fortive Corporation stand as titans. Over the past decade, Texas Instruments has consistently outperformed Fortive in terms of gross profit, showcasing a robust growth trajectory. From 2014 to 2023, Texas Instruments' gross profit surged by approximately 48%, peaking in 2022. In contrast, Fortive's growth was more modest, with a 17% increase over the same period.

The year 2020 marked a challenging period for both companies, with Fortive experiencing a dip in gross profit, while Texas Instruments maintained its upward trend. By 2023, Texas Instruments' gross profit was nearly three times that of Fortive, highlighting its dominance in the sector. However, the data for 2024 remains incomplete, leaving room for speculation on future trends.

This comparison not only underscores the competitive dynamics between these two industry leaders but also offers insights into their strategic positioning in the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025