Who Generates Higher Gross Profit? Hubbell Incorporated or TFI International Inc.

A Decade of Gross Profit: Hubbell vs. TFI International

In the competitive landscape of industrial and logistics sectors, understanding who leads in profitability is crucial. Over the past decade, Hubbell Incorporated has consistently outperformed TFI International Inc. in terms of gross profit. From 2014 to 2023, Hubbell's gross profit grew by approximately 70%, peaking in 2023 with a remarkable 1.9 billion USD. In contrast, TFI International saw a significant rise in 2021, reaching its highest gross profit in 2022, but still trailing behind Hubbell by about 33% in 2023.

This trend highlights Hubbell's robust growth strategy and market positioning, especially in the face of economic fluctuations. As the data suggests, Hubbell's ability to maintain a steady upward trajectory in gross profit is a testament to its operational efficiency and strategic investments. Meanwhile, TFI International's growth, though impressive, indicates potential areas for improvement to close the gap with its competitor.