Who Generates Higher Gross Profit? Hubbell Incorporated or Expeditors International of Washington, Inc.

Hubbell vs. Expeditors: A Decade of Profit Rivalry

__timestampExpeditors International of Washington, Inc.Hubbell Incorporated
Wednesday, January 1, 20147639960001109000000
Thursday, January 1, 20158957840001091800000
Friday, January 1, 20168507930001100700000
Sunday, January 1, 20178830270001151900000
Monday, January 1, 201810202820001300400000
Tuesday, January 1, 20199970210001352700000
Wednesday, January 1, 202011627650001209300000
Friday, January 1, 202121654120001151500000
Saturday, January 1, 202221711300001471600000
Sunday, January 1, 202312454760001888100000
Monday, January 1, 2024106005150001904100000
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Igniting the spark of knowledge

A Tale of Two Giants: Gross Profit Showdown

In the competitive landscape of American business, two industry titans, Hubbell Incorporated and Expeditors International of Washington, Inc., have been vying for supremacy in gross profit generation over the past decade. From 2014 to 2023, these companies have demonstrated remarkable financial prowess, with Hubbell consistently edging out its competitor in most years.

Hubbell, a leader in electrical and electronic products, has shown a steady increase in gross profit, peaking in 2023 with a 72% rise from its 2014 figures. Meanwhile, Expeditors, a global logistics powerhouse, experienced a significant surge in 2021 and 2022, with profits more than doubling compared to 2014. However, by 2023, Hubbell reclaimed its lead, boasting a gross profit 52% higher than Expeditors.

This financial duel highlights the dynamic nature of industry competition and the strategic maneuvers companies employ to maintain their market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025