Gross Profit Trends Compared: Snap-on Incorporated vs XPO Logistics, Inc.

Snap-on vs XPO: A Decade of Profit Trends

__timestamp	Snap-on Incorporated	XPO Logistics, Inc.
Wednesday, January 1, 2014	1584300000	381600000
Thursday, January 1, 2015	1648300000	1084800000
Friday, January 1, 2016	1709600000	2139300000
Sunday, January 1, 2017	1824900000	2279700000
Monday, January 1, 2018	1870000000	2541000000
Tuesday, January 1, 2019	1844000000	2666000000
Wednesday, January 1, 2020	1748500000	2563000000
Friday, January 1, 2021	2110800000	1994000000
Saturday, January 1, 2022	2181100000	1227000000
Sunday, January 1, 2023	2619800000	770000000
Monday, January 1, 2024	2377900000	915000000

Unveiling the hidden dimensions of data

Gross Profit Trends: A Tale of Two Companies

In the ever-evolving landscape of American industry, Snap-on Incorporated and XPO Logistics, Inc. have carved distinct paths in their financial journeys. From 2014 to 2023, Snap-on's gross profit surged by approximately 65%, reflecting its robust growth and strategic market positioning. In contrast, XPO Logistics experienced a more volatile trajectory, peaking in 2019 with a gross profit nearly seven times its 2014 figure, before witnessing a decline to just over 700 million in 2023.

A Decade of Transformation

Snap-on's consistent upward trend underscores its resilience and adaptability in a competitive market. Meanwhile, XPO's fluctuating profits highlight the challenges and opportunities within the logistics sector. This comparison not only showcases the dynamic nature of these industries but also offers valuable insights into the strategic decisions that drive financial success.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025