IDEX Corporation and Saia, Inc.: A Detailed Gross Profit Analysis

IDEX vs. Saia: A Decade of Profit Growth

__timestampIDEX CorporationSaia, Inc.
Wednesday, January 1, 2014949315000159268000
Thursday, January 1, 2015904315000154120000
Friday, January 1, 2016930767000159502000
Sunday, January 1, 20171026678000175046000
Monday, January 1, 20181117895000230070000
Tuesday, January 1, 20191125034000249653000
Wednesday, January 1, 20201027424000283848000
Friday, January 1, 20211224500000451687000
Saturday, January 1, 20221426900000590963000
Sunday, January 1, 20231448500000598932000
Monday, January 1, 20241454800000
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Infusing magic into the data realm

A Tale of Two Companies: IDEX Corporation vs. Saia, Inc.

In the ever-evolving landscape of American industry, IDEX Corporation and Saia, Inc. stand as exemplars of resilience and growth. Over the past decade, these companies have demonstrated remarkable financial performance, particularly in terms of gross profit.

IDEX Corporation: A Steady Climb

From 2014 to 2023, IDEX Corporation has seen its gross profit soar by approximately 53%, reaching its peak in 2023. This consistent upward trajectory underscores IDEX's strategic prowess in maintaining a competitive edge in the industrial sector.

Saia, Inc.: A Rapid Ascent

Meanwhile, Saia, Inc. has experienced an even more dramatic rise, with its gross profit nearly quadrupling over the same period. This impressive growth highlights Saia's successful expansion and operational efficiency in the transportation industry.

Both companies exemplify the dynamic nature of their respective sectors, offering valuable insights into strategic growth and market adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025