Who Generates More Revenue? Howmet Aerospace Inc. or Hubbell Incorporated

Howmet vs. Hubbell: A Decade of Revenue Rivalry

__timestampHowmet Aerospace Inc.Hubbell Incorporated
Wednesday, January 1, 2014125420000003359400000
Thursday, January 1, 2015124130000003390400000
Friday, January 1, 2016123940000003505200000
Sunday, January 1, 2017129600000003668800000
Monday, January 1, 2018140140000004481700000
Tuesday, January 1, 2019141920000004591000000
Wednesday, January 1, 202052590000004186000000
Friday, January 1, 202149720000004194100000
Saturday, January 1, 202256630000004947900000
Sunday, January 1, 202366400000005372900000
Monday, January 1, 202474300000005628500000
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Data in motion

Revenue Race: Howmet Aerospace Inc. vs. Hubbell Incorporated

In the competitive landscape of industrial giants, Howmet Aerospace Inc. and Hubbell Incorporated have been vying for revenue supremacy over the past decade. From 2014 to 2023, Howmet Aerospace consistently outperformed Hubbell, generating nearly three times the revenue on average. However, the gap has been narrowing. In 2023, Howmet's revenue was approximately 24% higher than Hubbell's, a significant decrease from the 2014 difference of 273%.

A Decade of Change

The data reveals a dramatic shift in Howmet's fortunes post-2019, with revenues dropping by over 60% in 2020, likely due to global disruptions. Meanwhile, Hubbell's steady growth saw a 60% increase in revenue from 2014 to 2023. This trend suggests a potential future where Hubbell could close the gap further, challenging Howmet's dominance in the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025