Key Insights on Gross Profit: Howmet Aerospace Inc. vs Watsco, Inc.

Comparative Growth: Howmet Aerospace vs. Watsco, Inc. (2014-2023)

__timestampHowmet Aerospace Inc.Watsco, Inc.
Wednesday, January 1, 20142193000000956402000
Thursday, January 1, 201523090000001007357000
Friday, January 1, 201625880000001034584000
Sunday, January 1, 201726030000001065659000
Monday, January 1, 201826170000001120252000
Tuesday, January 1, 201929650000001156956000
Wednesday, January 1, 202013810000001222821000
Friday, January 1, 202113760000001667545000
Saturday, January 1, 202215600000002030289000
Sunday, January 1, 202318670000001992140000
Monday, January 1, 202423110000002044713000
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Cracking the code

A Tale of Two Giants: Howmet Aerospace Inc. vs. Watsco, Inc.

In the ever-evolving landscape of industrial giants, Howmet Aerospace Inc. and Watsco, Inc. have carved distinct paths over the past decade. From 2014 to 2023, Howmet Aerospace's gross profit journey reflects a rollercoaster ride, peaking in 2019 with a 37% increase from 2014, only to dip significantly in 2020. This decline coincides with global disruptions, yet a recovery is evident by 2023, with profits rebounding by 35% from the 2020 low.

Conversely, Watsco, Inc. showcases a steady ascent, with gross profits more than doubling from 2014 to 2022, highlighting a robust growth trajectory. By 2023, Watsco's profits slightly retract but remain strong, underscoring resilience in the HVAC industry. This comparative analysis not only highlights the dynamic nature of these industries but also offers insights into strategic adaptability and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025