Gross Profit Trends Compared: Honeywell International Inc. vs Comfort Systems USA, Inc.

Honeywell vs. Comfort Systems: A Decade of Profit Growth

__timestampComfort Systems USA, Inc.Honeywell International Inc.
Wednesday, January 1, 201424977100011349000000
Thursday, January 1, 201531812900011834000000
Friday, January 1, 201634400900012152000000
Sunday, January 1, 201736628100012959000000
Monday, January 1, 201844627900012756000000
Tuesday, January 1, 201950194300012370000000
Wednesday, January 1, 202054698300010468000000
Friday, January 1, 202156320700010998000000
Saturday, January 1, 202274160800011641000000
Sunday, January 1, 202399050900013667000000
Monday, January 1, 202414662000000
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In pursuit of knowledge

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of industrial and building solutions, Honeywell International Inc. and Comfort Systems USA, Inc. have showcased remarkable growth trajectories over the past decade. From 2014 to 2023, Honeywell's gross profit has consistently outpaced Comfort Systems, with an average annual gross profit of approximately $12 billion, compared to Comfort Systems' $507 million. However, the growth rate tells a different story. Comfort Systems has seen a staggering 297% increase in gross profit, from $250 million in 2014 to nearly $1 billion in 2023. Meanwhile, Honeywell's growth, though substantial, was a more modest 20% over the same period. This divergence highlights the dynamic nature of the industry, where smaller players can rapidly scale and challenge established giants. As we look to the future, these trends suggest a competitive landscape where innovation and adaptability will be key.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025