Gross Profit Trends Compared: Graco Inc. vs TFI International Inc.

Graco vs TFI: A Decade of Profit Growth

__timestamp	Graco Inc.	TFI International Inc.
Wednesday, January 1, 2014	666736000	417323364
Thursday, January 1, 2015	684700000	352552803
Friday, January 1, 2016	708239000	358230042
Sunday, January 1, 2017	793049000	405214314
Monday, January 1, 2018	882539000	510006388
Tuesday, January 1, 2019	859756000	502631921
Wednesday, January 1, 2020	854937000	541885000
Friday, January 1, 2021	1033949000	1037863000
Saturday, January 1, 2022	1057439000	1426851000
Sunday, January 1, 2023	1161021000	1265392000
Monday, January 1, 2024	1122461000

Unleashing insights

Gross Profit Trends: Graco Inc. vs TFI International Inc.

In the competitive landscape of industrial and logistics sectors, Graco Inc. and TFI International Inc. have shown remarkable growth in their gross profits over the past decade. From 2014 to 2023, Graco Inc. experienced a steady increase, with gross profits rising by approximately 74%, peaking in 2023. Meanwhile, TFI International Inc. demonstrated an even more impressive trajectory, with a staggering 203% increase in gross profits from 2014 to 2022, before data for 2023 became unavailable.

The year 2021 marked a pivotal point where both companies reported similar gross profits, highlighting TFI International's rapid growth. By 2022, TFI International surpassed Graco Inc., achieving a gross profit that was 35% higher. This trend underscores the dynamic shifts in market leadership and the potential for TFI International to continue its upward momentum, provided it maintains its strategic initiatives.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025