Gross Profit Trends Compared: Thomson Reuters Corporation vs Quanta Services, Inc.

Thomson Reuters vs. Quanta Services: A Decade of Profit Trends

__timestampQuanta Services, Inc.Thomson Reuters Corporation
Wednesday, January 1, 201412335200003398000000
Thursday, January 1, 20159236650003399000000
Friday, January 1, 201610138000002934000000
Sunday, January 1, 201712418600003254000000
Monday, January 1, 201814799640001370000000
Tuesday, January 1, 201916002520003475000000
Wednesday, January 1, 202016608470003715000000
Friday, January 1, 202119532590003870000000
Saturday, January 1, 202225291550004219000000
Sunday, January 1, 202329370860002699000000
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Unveiling the hidden dimensions of data

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of global business, understanding the financial health of industry leaders is crucial. This analysis delves into the gross profit trends of Thomson Reuters Corporation and Quanta Services, Inc. over the past decade. From 2014 to 2023, Thomson Reuters consistently outperformed Quanta Services, with an average gross profit nearly double that of its competitor. However, the narrative took a surprising turn in 2023, when Quanta Services surged ahead, achieving a gross profit of approximately 2.9 billion, surpassing Thomson Reuters' 2.7 billion. This shift marks a significant 20% increase for Quanta Services from the previous year, while Thomson Reuters experienced a 36% decline. Such trends highlight the dynamic nature of the market and the importance of strategic adaptation. As we move forward, these insights offer a glimpse into the potential trajectories of these corporate titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025