Key Insights on Gross Profit: Stanley Black & Decker, Inc. vs Allegion plc

Stanley vs. Allegion: A Decade of Profit Shifts

__timestampAllegion plcStanley Black & Decker, Inc.
Wednesday, January 1, 20148537000004102700000
Thursday, January 1, 20158691000004072000000
Friday, January 1, 20169853000004267200000
Sunday, January 1, 201710707000004778000000
Monday, January 1, 201811733000004901900000
Tuesday, January 1, 201912523000004805500000
Wednesday, January 1, 202011788000004967900000
Friday, January 1, 202112049000005194200000
Saturday, January 1, 202213224000004284100000
Sunday, January 1, 202315815000004098000000
Monday, January 1, 202416685000004514400000
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Cracking the code

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

In the competitive landscape of industrial tools and security solutions, Stanley Black & Decker, Inc. and Allegion plc have carved distinct paths over the past decade. From 2014 to 2023, Stanley Black & Decker consistently outperformed Allegion in gross profit, peaking in 2021 with a staggering 5.2 billion USD. However, the narrative took a turn in 2022, with Stanley's profits dipping by 17% to 4.3 billion USD, while Allegion surged by 9% to 1.6 billion USD in 2023. This shift highlights Allegion's strategic growth, closing the gap with its larger competitor. As the market evolves, these trends underscore the dynamic nature of the industry, where innovation and strategic positioning are key to maintaining a competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025