A Decade of Gross Profit: Honeywell vs. Expeditors

In the ever-evolving landscape of global commerce, Honeywell International Inc. and Expeditors International of Washington, Inc. have showcased distinct trajectories in gross profit over the past decade. From 2014 to 2023, Honeywell's gross profit consistently outpaced Expeditors, with an average of $12 billion annually, peaking at $13.7 billion in 2023. This represents a robust 20% growth from its 2014 figures.

Conversely, Expeditors demonstrated a more volatile yet impressive growth, with gross profit surging by 184% from 2014 to 2022, reaching a high of $2.17 billion. However, 2023 saw a dip to $1.25 billion, indicating potential market challenges or strategic shifts.

These insights underscore the resilience and adaptability of these industry giants, reflecting broader economic trends and their strategic responses to global market dynamics.