Gross Profit Trends Compared: Deere & Company vs Howmet Aerospace Inc.

Industrial Giants: Profit Trends of Deere & Howmet

__timestampDeere & CompanyHowmet Aerospace Inc.
Wednesday, January 1, 2014104669000002193000000
Thursday, January 1, 201580131000002309000000
Friday, January 1, 201676496000002588000000
Sunday, January 1, 201786831000002603000000
Monday, January 1, 2018108861000002617000000
Tuesday, January 1, 2019115870000002965000000
Wednesday, January 1, 2020110450000001381000000
Friday, January 1, 2021139170000001376000000
Saturday, January 1, 2022172390000001560000000
Sunday, January 1, 2023211170000001867000000
Monday, January 1, 2024139840000002311000000
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Unlocking the unknown

A Tale of Two Giants: Gross Profit Trends in the Industrial Sector

In the ever-evolving landscape of the industrial sector, Deere & Company and Howmet Aerospace Inc. stand as titans, each carving their own path to profitability. Over the past decade, Deere & Company has demonstrated a robust growth trajectory, with its gross profit surging by approximately 102% from 2014 to 2023. This impressive growth reflects Deere's strategic innovations and market adaptability.

Conversely, Howmet Aerospace Inc. has faced a more turbulent journey. Despite a peak in 2019, its gross profit has seen fluctuations, with a notable dip in 2020, likely influenced by global economic challenges. By 2023, Howmet's gross profit had decreased by around 15% compared to its 2014 figures.

These trends underscore the dynamic nature of the industrial sector, where strategic foresight and adaptability are key to sustaining growth and profitability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025