Stanley Black & Decker, Inc. and Snap-on Incorporated: A Detailed Gross Profit Analysis

Comparative Gross Profit Trends of Tool Industry Giants

__timestampSnap-on IncorporatedStanley Black & Decker, Inc.
Wednesday, January 1, 201415843000004102700000
Thursday, January 1, 201516483000004072000000
Friday, January 1, 201617096000004267200000
Sunday, January 1, 201718249000004778000000
Monday, January 1, 201818700000004901900000
Tuesday, January 1, 201918440000004805500000
Wednesday, January 1, 202017485000004967900000
Friday, January 1, 202121108000005194200000
Saturday, January 1, 202221811000004284100000
Sunday, January 1, 202326198000004098000000
Monday, January 1, 202423779000004514400000
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Unleashing insights

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

In the competitive landscape of the tool manufacturing industry, Stanley Black & Decker, Inc. and Snap-on Incorporated have long been stalwarts. Over the past decade, these companies have showcased intriguing trends in their gross profits. From 2014 to 2023, Snap-on Incorporated has seen a remarkable 65% increase in gross profit, peaking in 2023. This growth trajectory highlights Snap-on's strategic prowess in capturing market share and optimizing operations.

Conversely, Stanley Black & Decker, Inc. experienced a more volatile journey. Despite a peak in 2021, their gross profit saw a decline of approximately 21% by 2023. This fluctuation underscores the challenges faced by the company amidst changing market dynamics and economic pressures. As these giants continue to evolve, their financial narratives offer valuable insights into the broader economic landscape and the resilience required to thrive.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025