Who Generates Higher Gross Profit? Accenture plc or II-VI Incorporated

Accenture vs. II-VI: A Decade of Profit Growth

__timestampAccenture plcII-VI Incorporated
Wednesday, January 1, 20149684466000226716000
Thursday, January 1, 20159809239000271598000
Friday, January 1, 201610277427000312813000
Sunday, January 1, 201711030492000388353000
Monday, January 1, 201812442913000462203000
Tuesday, January 1, 201913314688000521349000
Wednesday, January 1, 202013976158000819550000
Friday, January 1, 2021163641280001216213000
Saturday, January 1, 2022197015390001265496000
Sunday, January 1, 2023207316070001618283000
Monday, January 1, 2024211623170001455964000
Loading chart...

Data in motion

A Tale of Two Companies: Accenture vs. II-VI Incorporated

In the competitive landscape of global business, Accenture plc and II-VI Incorporated stand as intriguing case studies in profitability. Over the past decade, Accenture has consistently outperformed II-VI in terms of gross profit. From 2014 to 2023, Accenture's gross profit surged by over 118%, peaking at approximately $21 billion in 2023. In contrast, II-VI Incorporated, a leader in engineered materials and optoelectronic components, saw its gross profit grow by around 614% during the same period, reaching nearly $1.6 billion in 2023.

The Growth Trajectory

Accenture's steady climb reflects its robust consulting and outsourcing services, while II-VI's growth, though smaller in absolute terms, highlights its strategic expansions and innovations in high-tech industries. The data for 2024 remains incomplete, leaving room for speculation on future trends. As these companies continue to evolve, their financial trajectories offer valuable insights into strategic growth and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025