Gross Profit Trends Compared: Honeywell International Inc. vs Booz Allen Hamilton Holding Corporation

Gross Profit Trends: A Tale of Two Giants

In the competitive landscape of global corporations, Honeywell International Inc. and Booz Allen Hamilton Holding Corporation stand as titans in their respective fields. Over the past decade, from 2014 to 2023, Honeywell has consistently outperformed Booz Allen in terms of gross profit, with an average of approximately $12 billion annually, compared to Booz Allen's $3.5 billion. Notably, Honeywell's gross profit peaked in 2023, reaching a remarkable $13.7 billion, marking a 20% increase from 2014. Meanwhile, Booz Allen experienced a steady growth, culminating in a 79% increase over the same period, peaking at $4.95 billion in 2023. However, 2024 data for Honeywell remains elusive, leaving room for speculation. This comparison highlights the resilience and growth strategies of these industry leaders, offering valuable insights into their financial trajectories.