Who Generates Higher Gross Profit? Stanley Black & Decker, Inc. or IDEX Corporation

Stanley vs. IDEX: Who Leads in Gross Profit?

__timestampIDEX CorporationStanley Black & Decker, Inc.
Wednesday, January 1, 20149493150004102700000
Thursday, January 1, 20159043150004072000000
Friday, January 1, 20169307670004267200000
Sunday, January 1, 201710266780004778000000
Monday, January 1, 201811178950004901900000
Tuesday, January 1, 201911250340004805500000
Wednesday, January 1, 202010274240004967900000
Friday, January 1, 202112245000005194200000
Saturday, January 1, 202214269000004284100000
Sunday, January 1, 202314485000004098000000
Monday, January 1, 202414548000004514400000
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In pursuit of knowledge

A Tale of Two Giants: Gross Profit Showdown

In the competitive landscape of industrial manufacturing, Stanley Black & Decker, Inc. and IDEX Corporation have long been titans. Over the past decade, from 2014 to 2023, these companies have showcased their prowess in generating gross profit. Stanley Black & Decker consistently outperformed, with an average gross profit nearly four times that of IDEX. In 2021, Stanley Black & Decker peaked with a gross profit of approximately $5.2 billion, while IDEX reached its zenith in 2023 with $1.45 billion. Despite IDEX's impressive 60% growth from 2014 to 2023, Stanley Black & Decker's dominance remains unchallenged. This data not only highlights the financial strength of these companies but also underscores the dynamic nature of the industrial sector. As the market evolves, the strategies and innovations of these giants will continue to shape their financial trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025