RTX Corporation vs Westinghouse Air Brake Technologies Corporation: A Gross Profit Performance Breakdown

A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the competitive landscape of industrial giants, RTX Corporation and Westinghouse Air Brake Technologies Corporation (WAB) have showcased intriguing gross profit trajectories over the past decade. From 2014 to 2023, RTX Corporation consistently outperformed WAB, with its gross profit peaking in 2019 at nearly double its 2014 value. However, the pandemic year of 2020 saw RTX's profits dip by over 50%, highlighting the industry's vulnerability to global disruptions.

Conversely, WAB demonstrated a steady upward trend, culminating in a 222% increase in gross profit by 2023 compared to 2014. This resilience underscores WAB's strategic adaptability in a fluctuating market. Notably, data for 2024 remains incomplete, leaving room for speculation on future performance. As these corporations navigate economic challenges, their financial narratives offer valuable insights into industrial sector dynamics.