Revenue Showdown: RTX Corporation vs Ingersoll Rand Inc.

RTX vs. Ingersoll Rand: A Decade of Revenue Rivalry

__timestampIngersoll Rand Inc.RTX Corporation
Wednesday, January 1, 2014257000500065100000000
Thursday, January 1, 2015212690000056098000000
Friday, January 1, 2016193943600057244000000
Sunday, January 1, 2017237540000059837000000
Monday, January 1, 2018268980000066501000000
Tuesday, January 1, 2019245190000077046000000
Wednesday, January 1, 2020491020000056587000000
Friday, January 1, 2021515240000064388000000
Saturday, January 1, 2022591630000067074000000
Sunday, January 1, 2023687610000068920000000
Monday, January 1, 2024080738000000
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Cracking the code

Revenue Showdown: A Decade of Growth and Competition

In the competitive landscape of industrial giants, RTX Corporation and Ingersoll Rand Inc. have showcased intriguing revenue trajectories over the past decade. From 2014 to 2023, RTX Corporation consistently outperformed, with revenues peaking at approximately $80.7 billion in 2024, marking a significant 23% increase from its 2015 low. In contrast, Ingersoll Rand Inc. demonstrated a robust growth trajectory, with revenues surging by 167% from 2014 to 2023, reaching nearly $6.9 billion.

A Tale of Two Strategies

While RTX Corporation's revenue dipped in 2020, likely due to global economic challenges, it rebounded strongly, reflecting strategic resilience. Meanwhile, Ingersoll Rand Inc.'s steady climb suggests a focus on expanding market share and operational efficiency. The missing data for 2024 for Ingersoll Rand Inc. leaves room for speculation on its future performance. This revenue showdown highlights the dynamic strategies and market adaptability of these industrial titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025