RB Global, Inc. and Owens Corning: A Detailed Gross Profit Analysis

Comparative Gross Profit Growth: RB Global vs. Owens Corning

__timestampOwens CorningRB Global, Inc.
Wednesday, January 1, 2014976000000423213000
Thursday, January 1, 20151153000000459849000
Friday, January 1, 20161381000000500333000
Sunday, January 1, 20171572000000531504000
Monday, January 1, 20181632000000636629000
Tuesday, January 1, 20191609000000672825000
Wednesday, January 1, 20201610000000761671000
Friday, January 1, 20212217000000822188000
Saturday, January 1, 20222616000000957107000
Sunday, January 1, 202326830000001778400000
Monday, January 1, 20244284200000
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Unleashing the power of data

A Decade of Gross Profit Growth: RB Global, Inc. vs. Owens Corning

In the ever-evolving landscape of global business, understanding the financial health of industry leaders is crucial. Over the past decade, Owens Corning and RB Global, Inc. have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Key Insights

From 2014 to 2023, Owens Corning's gross profit surged by approximately 175%, showcasing its robust market position and operational efficiency. Meanwhile, RB Global, Inc. experienced an impressive 320% increase, highlighting its dynamic growth trajectory.

Comparative Analysis

While Owens Corning consistently maintained higher gross profits, RB Global, Inc.'s growth rate outpaced its competitor, particularly in recent years. By 2023, RB Global, Inc. had closed the gap significantly, achieving a gross profit of nearly 66% of Owens Corning's.

This analysis underscores the importance of strategic innovation and market responsiveness in achieving sustained financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025