Gross Profit Trends Compared: United Parcel Service, Inc. vs Ingersoll Rand Inc.

UPS vs. Ingersoll Rand: A Decade of Profit Trends

__timestampIngersoll Rand Inc.United Parcel Service, Inc.
Wednesday, January 1, 201493678100026187000000
Thursday, January 1, 201577910000027335000000
Friday, January 1, 20167167310005467000000
Sunday, January 1, 20178979000007529000000
Monday, January 1, 201810125000007024000000
Tuesday, January 1, 20199117000007798000000
Wednesday, January 1, 202016134000007814000000
Friday, January 1, 2021198850000012810000000
Saturday, January 1, 2022232560000013094000000
Sunday, January 1, 2023288220000017231000000
Monday, January 1, 2024025022000000
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Gross Profit Trends: UPS vs. Ingersoll Rand

In the ever-evolving landscape of global commerce, understanding the financial health of industry giants is crucial. United Parcel Service, Inc. (UPS) and Ingersoll Rand Inc. have been pivotal players in their respective sectors. From 2014 to 2023, UPS consistently demonstrated robust growth, with gross profits peaking at approximately $17.2 billion in 2023, marking a 30% increase from 2021. In contrast, Ingersoll Rand Inc. showed a steady upward trajectory, culminating in a gross profit of around $2.9 billion in 2023, a remarkable 45% rise since 2020.

While UPS experienced fluctuations, notably in 2016, where profits dipped significantly, it rebounded strongly in subsequent years. Ingersoll Rand's growth, though more gradual, highlights its resilience and strategic positioning in the market. This comparative analysis underscores the dynamic nature of these corporations and their ability to adapt and thrive in a competitive environment.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025