Who Generates Higher Gross Profit? RTX Corporation or Deere & Company

RTX vs. Deere: A Decade of Profit Shifts

__timestampDeere & CompanyRTX Corporation
Wednesday, January 1, 20141046690000017653000000
Thursday, January 1, 2015801310000015667000000
Friday, January 1, 2016764960000015784000000
Sunday, January 1, 2017868310000015884000000
Monday, January 1, 20181088610000016516000000
Tuesday, January 1, 20191158700000019981000000
Wednesday, January 1, 2020110450000008531000000
Friday, January 1, 20211391700000012491000000
Saturday, January 1, 20221723900000013668000000
Sunday, January 1, 20232111700000012089000000
Monday, January 1, 20241398400000015410000000
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Unlocking the unknown

A Decade of Gross Profit: RTX Corporation vs. Deere & Company

In the competitive landscape of American industry, RTX Corporation and Deere & Company have long been titans in their respective fields. Over the past decade, from 2014 to 2024, these two giants have showcased their prowess in generating gross profit, albeit with varying trajectories.

RTX Corporation, a leader in aerospace and defense, consistently outperformed Deere & Company in gross profit from 2014 to 2019, peaking in 2019 with a remarkable 20% lead. However, the tables turned in 2020 when Deere & Company, renowned for its agricultural machinery, began to close the gap. By 2023, Deere & Company surged ahead, achieving a 75% increase in gross profit compared to its 2014 figures, while RTX Corporation experienced a decline.

This shift highlights the dynamic nature of these industries and the resilience of Deere & Company in adapting to changing market conditions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025