Key Insights on Gross Profit: Hubbell Incorporated vs Masco Corporation

Hubbell vs. Masco: A Decade of Profit Growth

__timestampHubbell IncorporatedMasco Corporation
Wednesday, January 1, 201411090000002387000000
Thursday, January 1, 201510918000002253000000
Friday, January 1, 201611007000002456000000
Sunday, January 1, 201711519000002611000000
Monday, January 1, 201813004000002689000000
Tuesday, January 1, 201913527000002371000000
Wednesday, January 1, 202012093000002587000000
Friday, January 1, 202111515000002863000000
Saturday, January 1, 202214716000002713000000
Sunday, January 1, 202318881000002836000000
Monday, January 1, 202419041000002831000000
Loading chart...

Unveiling the hidden dimensions of data

A Decade of Gross Profit Growth: Hubbell vs. Masco

In the competitive landscape of the electrical and home improvement industries, Hubbell Incorporated and Masco Corporation have demonstrated remarkable financial trajectories over the past decade. From 2014 to 2023, Masco consistently outperformed Hubbell in gross profit, with an average of $2.58 billion annually, nearly double Hubbell's $1.28 billion. Notably, Masco's gross profit peaked in 2021 at $2.86 billion, reflecting a robust 27% increase from 2014. Meanwhile, Hubbell's growth was more gradual, culminating in a 70% rise to $1.89 billion in 2023. This data highlights Masco's dominant market position, yet Hubbell's steady climb suggests a resilient strategy. As both companies navigate economic shifts, their financial performance offers valuable insights into industry trends and strategic planning. The data underscores the importance of innovation and market adaptation in sustaining growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025