Who Generates Higher Gross Profit? Pentair plc or Allegion plc

Pentair vs. Allegion: A Decade of Gross Profit Rivalry

__timestampAllegion plcPentair plc
Wednesday, January 1, 20148537000002476000000
Thursday, January 1, 20158691000002185800000
Friday, January 1, 20169853000001794100000
Sunday, January 1, 201710707000001829100000
Monday, January 1, 201811733000001047700000
Tuesday, January 1, 201912523000001051500000
Wednesday, January 1, 202011788000001057600000
Friday, January 1, 202112049000001319200000
Saturday, January 1, 202213224000001364600000
Sunday, January 1, 202315815000001519200000
Monday, January 1, 202416685000001598800000
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In pursuit of knowledge

A Tale of Two Giants: Pentair plc vs. Allegion plc

In the competitive landscape of industrial manufacturing, Pentair plc and Allegion plc have been vying for dominance in gross profit generation since 2014. Over the past decade, Pentair has consistently outperformed Allegion, boasting a gross profit that was approximately 60% higher on average. However, the gap has been narrowing. By 2023, Allegion's gross profit surged by 86% from its 2014 figures, reaching a peak of $1.58 billion, while Pentair's growth was more modest at 39%, ending at $1.52 billion. This shift highlights Allegion's strategic advancements and market adaptability. As both companies continue to innovate, the coming years will be crucial in determining whether Allegion can maintain its upward trajectory and potentially surpass Pentair in this financial metric.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025