Key Insights on Gross Profit: Honeywell International Inc. vs AMETEK, Inc.

A Decade of Gross Profit Growth: Honeywell vs. AMETEK

In the competitive landscape of industrial conglomerates, Honeywell International Inc. and AMETEK, Inc. have showcased remarkable financial trajectories over the past decade. From 2014 to 2023, Honeywell's gross profit consistently outpaced AMETEK's, with a notable peak in 2023, reaching approximately $13.7 billion. This represents a 20% increase from its 2014 figures. Meanwhile, AMETEK demonstrated a robust growth trajectory, with its gross profit surging by 67% over the same period, culminating in $2.4 billion in 2023.

The data highlights Honeywell's dominance in scale, yet AMETEK's growth rate is impressive, reflecting its strategic market positioning and operational efficiency. As both companies navigate the evolving industrial landscape, their financial performance offers valuable insights into their competitive strategies and market adaptability.