Who Generates Higher Gross Profit? Cummins Inc. or Textron Inc.

Cummins Inc. leads in gross profit over Textron Inc. from 2014-2023.

__timestampCummins Inc.Textron Inc.
Wednesday, January 1, 201448610000002457000000
Thursday, January 1, 201549470000002444000000
Friday, January 1, 201644520000002477000000
Sunday, January 1, 201750900000002403000000
Monday, January 1, 201857370000002378000000
Tuesday, January 1, 201959800000002224000000
Wednesday, January 1, 202048940000001557000000
Friday, January 1, 202156950000002085000000
Saturday, January 1, 202267190000002069000000
Sunday, January 1, 202382490000002278000000
Monday, January 1, 202484390000002502000000
Loading chart...

Unleashing insights

Cummins Inc. vs. Textron Inc.: A Decade of Gross Profit Analysis

In the competitive landscape of industrial giants, Cummins Inc. and Textron Inc. have been pivotal players. Over the past decade, Cummins Inc. has consistently outperformed Textron Inc. in terms of gross profit. From 2014 to 2023, Cummins Inc. saw a remarkable 70% increase in gross profit, peaking at $8.25 billion in 2023. In contrast, Textron Inc.'s growth was more modest, with a 7% increase over the same period, reaching $2.28 billion in 2023.

The data reveals a significant gap between the two companies, with Cummins Inc. generating nearly double the gross profit of Textron Inc. in most years. However, 2024 data for Cummins Inc. is missing, while Textron Inc. shows a substantial jump, indicating potential shifts in market dynamics. This analysis underscores the importance of strategic positioning and market adaptation in maintaining financial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025