Gross Profit Trends Compared: United Parcel Service, Inc. vs L3Harris Technologies, Inc.

UPS vs. L3Harris: A Decade of Profit Trends

__timestampL3Harris Technologies, Inc.United Parcel Service, Inc.
Wednesday, January 1, 2014151500000026187000000
Thursday, January 1, 2015216000000027335000000
Friday, January 1, 201620430000005467000000
Sunday, January 1, 201721020000007529000000
Monday, January 1, 201823340000007024000000
Tuesday, January 1, 201950740000007798000000
Wednesday, January 1, 202053080000007814000000
Friday, January 1, 2021537600000012810000000
Saturday, January 1, 2022492700000013094000000
Sunday, January 1, 2023511300000017231000000
Monday, January 1, 2024552400000025022000000
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Cracking the code

Gross Profit Trends: UPS vs. L3Harris Technologies

In the ever-evolving landscape of American industry, the financial performance of companies like United Parcel Service (UPS) and L3Harris Technologies offers a fascinating glimpse into their strategic maneuvers. Over the past decade, UPS has consistently outperformed L3Harris in terms of gross profit, with a staggering 1,200% higher average. Notably, UPS's gross profit peaked in 2015, reaching nearly $27 billion, while L3Harris saw its highest in 2021, with a more modest $5.4 billion.

From 2014 to 2023, UPS demonstrated resilience, with a 32% increase in gross profit, reflecting its robust logistics network and global reach. Meanwhile, L3Harris, a key player in defense technology, experienced a 238% growth, underscoring its strategic acquisitions and innovation in defense solutions. This comparison highlights the diverse strategies and market dynamics that shape the financial trajectories of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025