Who Generates Higher Gross Profit? Hubbell Incorporated or Saia, Inc.

Hubbell vs. Saia: A Decade of Gross Profit Growth

__timestampHubbell IncorporatedSaia, Inc.
Wednesday, January 1, 20141109000000159268000
Thursday, January 1, 20151091800000154120000
Friday, January 1, 20161100700000159502000
Sunday, January 1, 20171151900000175046000
Monday, January 1, 20181300400000230070000
Tuesday, January 1, 20191352700000249653000
Wednesday, January 1, 20201209300000283848000
Friday, January 1, 20211151500000451687000
Saturday, January 1, 20221471600000590963000
Sunday, January 1, 20231888100000598932000
Monday, January 1, 20241904100000
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Unlocking the unknown

A Tale of Two Companies: Gross Profit Comparison

In the competitive landscape of American industry, Hubbell Incorporated and Saia, Inc. stand out as significant players. Over the past decade, from 2014 to 2023, Hubbell has consistently outperformed Saia in terms of gross profit. In 2023, Hubbell's gross profit surged to nearly $1.9 billion, marking a remarkable 70% increase from 2014. In contrast, Saia, Inc. has shown impressive growth, with its gross profit rising by approximately 276% over the same period, reaching nearly $600 million in 2023.

This data highlights the robust growth trajectories of both companies, albeit at different scales. While Hubbell's dominance in gross profit is evident, Saia's rapid growth rate is noteworthy, reflecting its strategic advancements in the logistics sector. As these companies continue to evolve, their financial performances offer valuable insights into their operational efficiencies and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025