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

Aerospace Giants' Profit Battle: Howmet vs. HEICO

__timestampHEICO CorporationHowmet Aerospace Inc.
Wednesday, January 1, 20143983120002193000000
Thursday, January 1, 20154341790002309000000
Friday, January 1, 20165154920002588000000
Sunday, January 1, 20175747250002603000000
Monday, January 1, 20186907150002617000000
Tuesday, January 1, 20198138400002965000000
Wednesday, January 1, 20206821270001381000000
Friday, January 1, 20217274230001376000000
Saturday, January 1, 20228627590001560000000
Sunday, January 1, 202311534880001867000000
Monday, January 1, 202415017260002311000000
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Data in motion

Gross Profit Trends: A Tale of Two Aerospace Giants

In the ever-evolving aerospace industry, Howmet Aerospace Inc. and HEICO Corporation have been pivotal players. Over the past decade, Howmet Aerospace has consistently outperformed HEICO in terms of gross profit, with a peak in 2019 where it was nearly 3.6 times higher. However, the pandemic year of 2020 saw a significant dip for Howmet, dropping to levels comparable to HEICO's. Interestingly, HEICO has shown a remarkable growth trajectory, with its gross profit increasing by approximately 277% from 2014 to 2024. As of 2023, Howmet's gross profit rebounded to 1.9 times that of HEICO's, showcasing resilience and adaptability. The data for 2024 is incomplete, but the trends suggest a competitive landscape where both companies are poised for growth. This analysis provides a fascinating glimpse into the financial dynamics of two aerospace titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025