A Decade of Gross Profit: Honeywell vs. Graco

In the competitive landscape of industrial giants, Honeywell International Inc. and Graco Inc. have showcased distinct trajectories in gross profit over the past decade. From 2014 to 2023, Honeywell consistently outperformed Graco, with its gross profit peaking at approximately $13.7 billion in 2023, marking a 20% increase from 2014. In contrast, Graco's gross profit grew by 74% over the same period, reaching around $1.16 billion in 2023.

Key Insights

• Honeywell's Dominance: Despite fluctuations, Honeywell maintained a robust gross profit, with a notable dip in 2020, likely due to global economic challenges.
• Graco's Growth: Graco demonstrated impressive growth, particularly from 2020 onwards, reflecting strategic advancements and market adaptation.

This analysis highlights the resilience and strategic prowess of these industrial leaders, offering valuable insights for investors and industry enthusiasts alike.