Howmet Aerospace Inc. vs Verisk Analytics, Inc.: A Gross Profit Performance Breakdown

A Tale of Two Giants: Howmet Aerospace Inc. vs Verisk Analytics, Inc.

In the ever-evolving landscape of industrial and data analytics sectors, Howmet Aerospace Inc. and Verisk Analytics, Inc. have showcased intriguing trends in gross profit performance over the past decade. From 2014 to 2023, Howmet Aerospace's gross profit peaked in 2019, reaching nearly 2.97 billion, before experiencing a dip in 2020, likely due to global economic disruptions. However, it rebounded by 2023, achieving a 35% increase from its 2020 low.

Conversely, Verisk Analytics demonstrated a steady upward trajectory, with a notable 88% growth from 2014 to 2023. This consistent rise underscores the increasing demand for data analytics solutions. By 2023, Verisk's gross profit was nearly on par with Howmet's, highlighting its robust market position.

These trends reflect broader industry shifts, with aerospace facing cyclical challenges and data analytics capitalizing on digital transformation.