Key Insights on Gross Profit: Ferguson plc vs Allegion plc

A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the competitive landscape of global markets, Ferguson plc and Allegion plc have showcased remarkable trajectories in their gross profit over the past decade. Ferguson plc, a leader in the distribution of plumbing and heating products, has consistently outperformed Allegion plc, a specialist in security solutions. From 2014 to 2023, Ferguson's gross profit surged by approximately 46%, peaking at an impressive $9.025 billion in 2023. In contrast, Allegion plc experienced a steady growth of around 85% during the same period, reaching $1.582 billion in 2023.

Key Insights

• Ferguson plc: Demonstrated robust growth, with a notable increase in gross profit from 2014 to 2023.
• Allegion plc: Despite a smaller base, Allegion's growth rate was significant, highlighting its expanding market presence.

The data for 2024 is incomplete, indicating potential for further analysis as new figures emerge.