Who Generates Higher Gross Profit? Howmet Aerospace Inc. or Ingersoll Rand Inc.

Howmet vs. Ingersoll: A Decade of Profit Shifts

__timestampHowmet Aerospace Inc.Ingersoll Rand Inc.
Wednesday, January 1, 20142193000000936781000
Thursday, January 1, 20152309000000779100000
Friday, January 1, 20162588000000716731000
Sunday, January 1, 20172603000000897900000
Monday, January 1, 201826170000001012500000
Tuesday, January 1, 20192965000000911700000
Wednesday, January 1, 202013810000001613400000
Friday, January 1, 202113760000001988500000
Saturday, January 1, 202215600000002325600000
Sunday, January 1, 202318670000002882200000
Monday, January 1, 202423110000000
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Unlocking the unknown

A Tale of Two Giants: Howmet Aerospace Inc. vs. Ingersoll Rand Inc.

In the competitive landscape of industrial manufacturing, Howmet Aerospace Inc. and Ingersoll Rand Inc. have been pivotal players. Over the past decade, Howmet Aerospace consistently outperformed Ingersoll Rand in terms of gross profit, with a peak in 2019 where it generated nearly 50% more profit. However, the tide began to shift in 2020. By 2023, Ingersoll Rand surged ahead, boasting a 54% increase in gross profit compared to Howmet Aerospace. This remarkable turnaround highlights Ingersoll Rand's strategic adaptations and market resilience. As the industry evolves, these two titans continue to redefine their strategies, making the competition fiercer and more intriguing. Stay tuned as we delve deeper into the factors driving these financial dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025