Key Insights on Gross Profit: Thomson Reuters Corporation vs IDEX Corporation

Comparing Gross Profit Trends: Thomson Reuters vs IDEX (2014-2023)

__timestampIDEX CorporationThomson Reuters Corporation
Wednesday, January 1, 20149493150003398000000
Thursday, January 1, 20159043150003399000000
Friday, January 1, 20169307670002934000000
Sunday, January 1, 201710266780003254000000
Monday, January 1, 201811178950001370000000
Tuesday, January 1, 201911250340003475000000
Wednesday, January 1, 202010274240003715000000
Friday, January 1, 202112245000003870000000
Saturday, January 1, 202214269000004219000000
Sunday, January 1, 202314485000002699000000
Monday, January 1, 20241454800000
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Unlocking the unknown

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

In the ever-evolving landscape of global business, understanding the financial health of corporations is crucial. This analysis delves into the gross profit trends of Thomson Reuters Corporation and IDEX Corporation over the past decade. From 2014 to 2023, Thomson Reuters consistently outperformed IDEX in terms of gross profit, peaking in 2022 with a staggering 4.2 billion USD. However, 2023 marked a significant shift, with Thomson Reuters experiencing a 36% decline, bringing its gross profit down to 2.7 billion USD.

Conversely, IDEX Corporation demonstrated a steady growth trajectory, culminating in a 52% increase from 2014 to 2023, reaching 1.45 billion USD. This divergence in financial performance highlights the dynamic nature of the market and the importance of strategic adaptability. As we move forward, these insights offer valuable lessons for investors and business leaders alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025