Palo Alto Networks, Inc. vs Fortive Corporation: A Gross Profit Performance Breakdown

Comparing Gross Profit Growth: Palo Alto Networks vs. Fortive

__timestampFortive CorporationPalo Alto Networks, Inc.
Wednesday, January 1, 20143049200000438551000
Thursday, January 1, 20152995300000676553000
Friday, January 1, 201630328000001008500000
Sunday, January 1, 201732985000001285000000
Monday, January 1, 201833213000001627800000
Tuesday, January 1, 201936803000002091200000
Wednesday, January 1, 202026085000002408900000
Friday, January 1, 202130071000002981200000
Saturday, January 1, 202233634000003782800000
Sunday, January 1, 202335941000004983000000
Monday, January 1, 202437310000005968300001
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Data in motion

A Tale of Two Giants: Gross Profit Trends

In the ever-evolving landscape of technology and industrial innovation, Palo Alto Networks, Inc. and Fortive Corporation stand as titans. Over the past decade, these companies have showcased remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability.

Palo Alto Networks: A Meteoric Rise

From 2014 to 2023, Palo Alto Networks has seen its gross profit skyrocket by over 1,000%, from a modest $438 million to an impressive $4.98 billion. This growth underscores the company's dominance in cybersecurity, a sector that has become increasingly vital in our digital age.

Fortive Corporation: Steady and Strong

Fortive Corporation, a leader in industrial technology, has maintained a robust gross profit, peaking at $3.68 billion in 2019. Despite a dip in 2020, the company rebounded, achieving $3.59 billion in 2023, showcasing resilience in a competitive market.

While Palo Alto Networks continues its upward trajectory, Fortive's consistent performance highlights its enduring strength. As we look to the future, these trends offer valuable insights into the strategic directions of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025