Who Generates Higher Gross Profit? RTX Corporation or Rockwell Automation, Inc.

RTX vs. Rockwell: A Decade of Profit Trends

__timestampRTX CorporationRockwell Automation, Inc.
Wednesday, January 1, 2014176530000002753900000
Thursday, January 1, 2015156670000002703100000
Friday, January 1, 2016157840000002475500000
Sunday, January 1, 2017158840000002624200000
Monday, January 1, 2018165160000002872200000
Tuesday, January 1, 2019199810000002900100000
Wednesday, January 1, 202085310000002595200000
Friday, January 1, 2021124910000002897700000
Saturday, January 1, 2022136680000003102000000
Sunday, January 1, 2023120890000003717000000
Monday, January 1, 2024154100000003193400000
Loading chart...

Unlocking the unknown

A Tale of Two Giants: RTX Corporation vs. Rockwell Automation, Inc.

In the ever-evolving landscape of industrial innovation, RTX Corporation and Rockwell Automation, Inc. stand as titans. Over the past decade, RTX Corporation has consistently outperformed Rockwell Automation in terms of gross profit. From 2014 to 2024, RTX's gross profit averaged nearly five times that of Rockwell Automation, peaking in 2019 with a staggering 20% increase from the previous year. However, the pandemic year of 2020 saw RTX's profits dip by over 50%, a stark contrast to Rockwell's more stable performance.

Despite this setback, RTX rebounded, showcasing a 44% increase in 2021. Meanwhile, Rockwell Automation, Inc. demonstrated steady growth, culminating in a 30% rise in 2023. As we look to the future, these trends highlight the resilience and adaptability of these industry leaders, offering valuable insights into their strategic maneuvers in a competitive market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025