Who Generates Higher Gross Profit? Hubbell Incorporated or Nordson Corporation

A Tale of Two Giants: Hubbell vs. Nordson

In the competitive landscape of industrial manufacturing, Hubbell Incorporated and Nordson Corporation have been vying for dominance in gross profit generation over the past decade. From 2014 to 2023, Hubbell consistently outperformed Nordson, with a notable peak in 2023 where Hubbell's gross profit surged to approximately 1.89 billion, marking a 28% increase from 2022. Meanwhile, Nordson's growth was steady, reaching its highest gross profit in 2024 at around 1.49 billion, despite a slight dip in 2023.

Key Insights

• 2014-2018: Hubbell maintained a lead, with gross profits growing by 17%.
• 2019-2023: Nordson showed resilience, closing the gap with a 25% increase.
• 2024 Outlook: Nordson's upward trend suggests potential for future growth, while Hubbell's data for 2024 remains to be seen.

This analysis highlights the dynamic shifts in market leadership and the strategic maneuvers of these industrial titans.