Who Generates Higher Gross Profit? RTX Corporation or HEICO Corporation

RTX vs. HEICO: Who Leads in Gross Profit?

__timestampHEICO CorporationRTX Corporation
Wednesday, January 1, 201439831200017653000000
Thursday, January 1, 201543417900015667000000
Friday, January 1, 201651549200015784000000
Sunday, January 1, 201757472500015884000000
Monday, January 1, 201869071500016516000000
Tuesday, January 1, 201981384000019981000000
Wednesday, January 1, 20206821270008531000000
Friday, January 1, 202172742300012491000000
Saturday, January 1, 202286275900013668000000
Sunday, January 1, 2023115348800012089000000
Monday, January 1, 2024150172600015410000000
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Comparing Gross Profit: RTX Corporation vs. HEICO Corporation

In the competitive landscape of aerospace and defense, understanding which companies lead in profitability is crucial. Over the past decade, RTX Corporation has consistently outperformed HEICO Corporation in terms of gross profit. From 2014 to 2024, RTX's gross profit averaged approximately $14.9 billion annually, dwarfing HEICO's average of $760 million.

A Decade of Growth

RTX's gross profit peaked in 2019, reaching nearly $20 billion, while HEICO's highest was in 2024, with $1.5 billion. Despite HEICO's impressive growth, increasing its gross profit by nearly 280% from 2014 to 2024, RTX's dominance remains unchallenged.

The Future Outlook

As the industry evolves, both companies are poised for further growth. However, RTX's substantial lead suggests it will continue to be a formidable player in the market, setting the benchmark for profitability in the aerospace sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025