Who Generates Higher Gross Profit? RB Global, Inc. or Stanley Black & Decker, Inc.

RB Global's Profit Surge: A New Challenger Emerges

__timestampRB Global, Inc.Stanley Black & Decker, Inc.
Wednesday, January 1, 20144232130004102700000
Thursday, January 1, 20154598490004072000000
Friday, January 1, 20165003330004267200000
Sunday, January 1, 20175315040004778000000
Monday, January 1, 20186366290004901900000
Tuesday, January 1, 20196728250004805500000
Wednesday, January 1, 20207616710004967900000
Friday, January 1, 20218221880005194200000
Saturday, January 1, 20229571070004284100000
Sunday, January 1, 202317784000004098000000
Monday, January 1, 202442842000004514400000
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In pursuit of knowledge

A Tale of Two Giants: Gross Profit Showdown

In the competitive landscape of industrial tools and equipment, RB Global, Inc. and Stanley Black & Decker, Inc. have been vying for supremacy. Over the past decade, Stanley Black & Decker has consistently outperformed RB Global in terms of gross profit, boasting figures that are nearly five times higher on average. However, the tide seems to be turning. In 2023, RB Global made a significant leap, increasing its gross profit by an impressive 86% compared to 2022, reaching approximately 1.8 billion. Meanwhile, Stanley Black & Decker experienced a decline, dropping to around 4.1 billion. This shift highlights RB Global's strategic advancements and market adaptability. As we look to the future, the question remains: Can RB Global maintain this momentum and close the gap further, or will Stanley Black & Decker reclaim its dominant position?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025