Who Generates More Revenue? Cummins Inc. or XPO Logistics, Inc.

Cummins Inc. leads revenue race against XPO Logistics.

__timestampCummins Inc.XPO Logistics, Inc.
Wednesday, January 1, 2014192210000002356600000
Thursday, January 1, 2015191100000007623200000
Friday, January 1, 20161750900000014619400000
Sunday, January 1, 20172042800000015380800000
Monday, January 1, 20182377100000017279000000
Tuesday, January 1, 20192357100000016648000000
Wednesday, January 1, 20201981100000016252000000
Friday, January 1, 20212402100000012806000000
Saturday, January 1, 2022280740000007718000000
Sunday, January 1, 2023340650000007744000000
Monday, January 1, 2024341020000008072000000
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Data in motion

Revenue Race: Cummins Inc. vs. XPO Logistics, Inc.

In the ever-evolving landscape of industrial giants, Cummins Inc. and XPO Logistics, Inc. have been pivotal players. Over the past decade, Cummins Inc. has consistently outpaced XPO Logistics in revenue generation. From 2014 to 2023, Cummins Inc. saw a remarkable growth of approximately 77%, peaking in 2023 with a revenue of $34 billion. In contrast, XPO Logistics experienced a more modest increase, with its revenue reaching around $7.7 billion in 2023, a significant drop from its 2018 peak.

This trend highlights Cummins Inc.'s robust market strategy and adaptability, especially in challenging economic climates. Meanwhile, XPO Logistics' fluctuating revenue underscores the volatility in the logistics sector. As we look to the future, the question remains: Can XPO Logistics close the gap, or will Cummins Inc. continue to dominate the revenue race?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025