Who Generates Higher Gross Profit? RTX Corporation or 3M Company

RTX vs. 3M: A Decade of Profit Rivalry

__timestamp3M CompanyRTX Corporation
Wednesday, January 1, 20141537400000017653000000
Thursday, January 1, 20151489100000015667000000
Friday, January 1, 20161506900000015784000000
Sunday, January 1, 20171565600000015884000000
Monday, January 1, 20181608300000016516000000
Tuesday, January 1, 20191500000000019981000000
Wednesday, January 1, 2020155790000008531000000
Friday, January 1, 20211656000000012491000000
Saturday, January 1, 20221499700000013668000000
Sunday, January 1, 20231420400000012089000000
Monday, January 1, 20241012800000015410000000
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In pursuit of knowledge

A Tale of Two Giants: RTX Corporation vs. 3M Company

In the ever-evolving landscape of American industry, RTX Corporation and 3M Company stand as titans of innovation and profitability. Over the past decade, these two companies have vied for supremacy in generating gross profit. From 2014 to 2024, RTX Corporation consistently outperformed 3M, except for a notable dip in 2020 when its gross profit plummeted by nearly 57% compared to the previous year. This decline coincided with global disruptions, highlighting the volatility of the market. Meanwhile, 3M maintained a more stable trajectory, with its gross profit peaking in 2021. By 2024, RTX rebounded, surpassing 3M by approximately 52%. This dynamic rivalry underscores the resilience and adaptability of these industrial powerhouses, offering a fascinating glimpse into the strategies that drive their financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025