Who Generates Higher Gross Profit? RTX Corporation or CNH Industrial N.V.

A Tale of Two Giants: RTX Corporation vs. CNH Industrial N.V.

In the competitive landscape of industrial giants, RTX Corporation and CNH Industrial N.V. have been vying for supremacy in gross profit generation over the past decade. From 2014 to 2023, RTX Corporation consistently outperformed CNH Industrial N.V., boasting an average gross profit nearly 2.5 times higher. Notably, RTX's peak performance in 2019 saw a gross profit of approximately $20 billion, while CNH Industrial's highest was around $7.9 billion in 2023.

However, the pandemic year of 2020 marked a significant dip for both, with RTX's profits plummeting by over 50% compared to 2019. Despite this, RTX rebounded strongly, maintaining a steady upward trend post-2020. Meanwhile, CNH Industrial showed resilience, achieving its highest gross profit in 2023. As we look to the future, the missing data for 2024 leaves room for speculation on how these industrial titans will fare.