RTX Corporation and Owens Corning: A Detailed Gross Profit Analysis

A Comparative Analysis of Gross Profit Trends: RTX Corporation vs. Owens Corning

In the ever-evolving landscape of the industrial sector, understanding the financial health of key players is crucial. This analysis delves into the gross profit trends of RTX Corporation and Owens Corning from 2014 to 2023. Over this decade, RTX Corporation consistently outperformed Owens Corning, with its gross profit peaking in 2019 at approximately $20 billion, nearly ten times that of Owens Corning's highest in 2023. However, RTX faced a significant dip in 2020, dropping to around $8.5 billion, highlighting the impact of global disruptions. Meanwhile, Owens Corning demonstrated steady growth, with a notable 175% increase from 2014 to 2023. The data for 2024 is incomplete, but RTX shows signs of recovery. This analysis underscores the resilience and adaptability of these corporations in a dynamic market.