Who Generates Higher Gross Profit? Lockheed Martin Corporation or Saia, Inc.

Lockheed Martin's Dominance in Gross Profit Over Saia

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Igniting the spark of knowledge

Lockheed Martin vs. Saia: A Decade of Gross Profit Trends

In the competitive landscape of American industry, Lockheed Martin Corporation and Saia, Inc. stand as titans in their respective fields. Over the past decade, from 2014 to 2023, Lockheed Martin has consistently outperformed Saia in terms of gross profit. With an average annual gross profit of approximately $7.1 billion, Lockheed Martin's financial prowess is evident, peaking in 2021 with a staggering $9.1 billion. In contrast, Saia, a leader in the transportation sector, has shown impressive growth, with its gross profit increasing nearly fourfold from 2014 to 2023, reaching close to $599 million. This growth trajectory highlights Saia's strategic advancements in logistics and freight services. However, the data for 2024 remains incomplete, leaving room for speculation on future trends. As these companies continue to evolve, their financial narratives offer valuable insights into the broader economic landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025