Gross Profit Trends Compared: FedEx Corporation vs Howmet Aerospace Inc.

Comparing FedEx and Howmet's Profit Trends Over a Decade

__timestampFedEx CorporationHowmet Aerospace Inc.
Wednesday, January 1, 201493730000002193000000
Thursday, January 1, 201585580000002309000000
Friday, January 1, 2016103280000002588000000
Sunday, January 1, 2017138080000002603000000
Monday, January 1, 2018147000000002617000000
Tuesday, January 1, 2019148270000002965000000
Wednesday, January 1, 2020133440000001381000000
Friday, January 1, 2021179540000001376000000
Saturday, January 1, 2022201670000001560000000
Sunday, January 1, 2023191660000001867000000
Monday, January 1, 2024189520000002311000000
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Gross Profit Trends: FedEx vs. Howmet Aerospace

In the ever-evolving landscape of global commerce, understanding the financial health of industry giants like FedEx Corporation and Howmet Aerospace Inc. is crucial. Over the past decade, FedEx has demonstrated a robust growth trajectory, with its gross profit peaking in 2022 at approximately $20 billion, marking a 115% increase from 2014. This growth underscores FedEx's resilience and adaptability in a competitive market.

Conversely, Howmet Aerospace, a key player in the aerospace sector, experienced a more modest growth, with its gross profit reaching around $2.97 billion in 2019 before facing a decline. The data reveals a significant drop in 2020, likely impacted by global disruptions, with a partial recovery by 2023.

While FedEx's financial journey reflects a steady upward trend, Howmet's path highlights the challenges faced by the aerospace industry. Missing data for 2024 suggests ongoing volatility, inviting further analysis.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025