Honeywell International Inc. vs TFI International Inc.: A Gross Profit Performance Breakdown

A Tale of Two Giants: Honeywell vs. TFI International

In the ever-evolving landscape of industrial and logistics sectors, Honeywell International Inc. and TFI International Inc. stand as titans. Over the past decade, Honeywell has consistently outperformed TFI in terms of gross profit, showcasing a robust growth trajectory. From 2014 to 2023, Honeywell's gross profit surged by approximately 20%, peaking in 2023. In contrast, TFI International, while smaller in scale, demonstrated impressive growth, with its gross profit nearly tripling over the same period.

Key Insights

• Honeywell's Dominance: Honeywell's gross profit in 2023 was over 10 times that of TFI, highlighting its market strength.
• TFI's Rapid Growth: TFI's gross profit saw a remarkable increase, especially post-2020, reflecting its strategic expansions.

This comparison not only underscores Honeywell's established market position but also highlights TFI's potential as a rising star in the industry.