__timestamp | Hubbell Incorporated | Watsco, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 1109000000 | 956402000 |
Thursday, January 1, 2015 | 1091800000 | 1007357000 |
Friday, January 1, 2016 | 1100700000 | 1034584000 |
Sunday, January 1, 2017 | 1151900000 | 1065659000 |
Monday, January 1, 2018 | 1300400000 | 1120252000 |
Tuesday, January 1, 2019 | 1352700000 | 1156956000 |
Wednesday, January 1, 2020 | 1209300000 | 1222821000 |
Friday, January 1, 2021 | 1151500000 | 1667545000 |
Saturday, January 1, 2022 | 1471600000 | 2030289000 |
Sunday, January 1, 2023 | 1888100000 | 1992140000 |
Monday, January 1, 2024 | 1904100000 | 2044713000 |
Cracking the code
In the competitive landscape of industrial and HVAC sectors, Hubbell Incorporated and Watsco, Inc. have demonstrated remarkable financial resilience over the past decade. From 2014 to 2023, both companies have shown a consistent upward trend in gross profit, with Watsco leading the charge in recent years.
Hubbell's Journey: Starting at a gross profit of approximately $1.1 billion in 2014, Hubbell saw a steady increase, peaking at nearly $1.9 billion in 2023. This represents a growth of around 70% over the decade.
Watsco's Surge: Watsco, Inc. began with a gross profit of about $956 million in 2014, reaching an impressive $2 billion by 2022, marking a growth of over 110%.
Both companies have navigated economic challenges, with Watsco's gross profit surpassing Hubbell's in recent years, highlighting its strategic market positioning.
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