Revenue Showdown: Cummins Inc. vs AMETEK, Inc.

Cummins vs AMETEK: A Decade of Revenue Growth

__timestampAMETEK, Inc.Cummins Inc.
Wednesday, January 1, 2014402196400019221000000
Thursday, January 1, 2015397429500019110000000
Friday, January 1, 2016384008700017509000000
Sunday, January 1, 2017430017000020428000000
Monday, January 1, 2018484587200023771000000
Tuesday, January 1, 2019515855700023571000000
Wednesday, January 1, 2020454002900019811000000
Friday, January 1, 2021554651400024021000000
Saturday, January 1, 2022615053000028074000000
Sunday, January 1, 2023659695000034065000000
Monday, January 1, 2024694118000034102000000
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Revenue Showdown: Cummins Inc. vs AMETEK, Inc.

In the competitive landscape of industrial manufacturing, Cummins Inc. and AMETEK, Inc. have been pivotal players. Over the past decade, Cummins has consistently outpaced AMETEK in revenue, showcasing its dominance in the sector. From 2014 to 2023, Cummins' revenue surged by approximately 77%, reaching a peak of $34 billion in 2023. In contrast, AMETEK's revenue grew by about 64% during the same period, culminating in $6.6 billion in 2023. This growth trajectory highlights Cummins' robust market strategy and expansive product line, which have enabled it to capture a larger market share. Meanwhile, AMETEK's steady growth reflects its focus on niche markets and technological innovation. As the industrial sector evolves, these companies' strategic decisions will be crucial in shaping their future revenue streams.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025