Who Generates Higher Gross Profit? FedEx Corporation or Cummins Inc.

FedEx vs. Cummins: A Decade of Gross Profit Trends

__timestampCummins Inc.FedEx Corporation
Wednesday, January 1, 201448610000009373000000
Thursday, January 1, 201549470000008558000000
Friday, January 1, 2016445200000010328000000
Sunday, January 1, 2017509000000013808000000
Monday, January 1, 2018573700000014700000000
Tuesday, January 1, 2019598000000014827000000
Wednesday, January 1, 2020489400000013344000000
Friday, January 1, 2021569500000017954000000
Saturday, January 1, 2022671900000020167000000
Sunday, January 1, 2023824900000019166000000
Monday, January 1, 2024843900000018952000000
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Data in motion

Who Leads in Gross Profit: FedEx or Cummins?

In the competitive landscape of American industry, FedEx Corporation and Cummins Inc. stand as giants in their respective fields. Over the past decade, from 2014 to 2023, FedEx has consistently outperformed Cummins in terms of gross profit. In 2022, FedEx's gross profit peaked at approximately $20 billion, nearly three times that of Cummins, which recorded around $6.7 billion. This trend highlights FedEx's robust growth trajectory, especially in the logistics sector, which has seen a surge in demand due to e-commerce expansion.

Cummins, a leader in power solutions, has shown resilience with a steady increase in gross profit, reaching its highest in 2023 at about $8.2 billion. However, the gap remains significant. The data for 2024 is incomplete, but the trend suggests FedEx's dominance is likely to continue. This analysis underscores the dynamic nature of these industries and the strategic maneuvers companies must make to stay ahead.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025