Gross Profit Trends Compared: Howmet Aerospace Inc. vs AMETEK, Inc.

Comparing Gross Profit Trends of Aerospace Giants

__timestampAMETEK, Inc.Howmet Aerospace Inc.
Wednesday, January 1, 201414249470002193000000
Thursday, January 1, 201514250150002309000000
Friday, January 1, 201612648670002588000000
Sunday, January 1, 201714487390002603000000
Monday, January 1, 201816595620002617000000
Tuesday, January 1, 201917876600002965000000
Wednesday, January 1, 202015435140001381000000
Friday, January 1, 202119126140001376000000
Saturday, January 1, 202221452690001560000000
Sunday, January 1, 202323844650011867000000
Monday, January 1, 202469411800002311000000
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Infusing magic into the data realm

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving aerospace and electronics sectors, Howmet Aerospace Inc. and AMETEK, Inc. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Howmet Aerospace's gross profit peaked in 2019, reaching nearly 2.97 billion, before experiencing a decline, closing at approximately 1.87 billion in 2023. This represents a 37% drop from its zenith, reflecting industry challenges and strategic shifts.

Conversely, AMETEK, Inc. demonstrated a robust upward trend, with its gross profit surging by 67% from 2014 to 2023, culminating at 2.38 billion. This growth underscores AMETEK's resilience and adaptability in a competitive market.

These contrasting trends highlight the dynamic nature of the aerospace and electronics industries, where strategic decisions and market conditions can significantly impact financial outcomes. As investors and analysts delve deeper, these insights offer a window into the strategic maneuvers of these industry titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025