Gross Profit Trends Compared: Accenture plc vs QUALCOMM Incorporated

Gross Profit Trends: Accenture vs. QUALCOMM

A Decade of Financial Performance

Over the past decade, Accenture plc and QUALCOMM Incorporated have showcased intriguing trends in their gross profit margins. From 2014 to 2024, QUALCOMM consistently outperformed Accenture, with a peak in 2022 where its gross profit was approximately 30% higher than Accenture's. However, Accenture demonstrated a steady growth trajectory, increasing its gross profit by over 100% from 2014 to 2024.

In 2014, QUALCOMM's gross profit was about 63% higher than Accenture's. By 2023, Accenture had narrowed this gap significantly, with its gross profit reaching nearly 95% of QUALCOMM's. This shift highlights Accenture's robust growth strategy and market adaptability.

As we look towards 2024, both companies are projected to continue their upward trends, with QUALCOMM maintaining a slight edge. This financial duel between two industry giants offers valuable insights into strategic growth and market positioning.