Who Generates More Revenue? Snap-on Incorporated or CNH Industrial N.V.

Snap-on's Revenue Growth Challenges CNH Industrial's Dominance

__timestampCNH Industrial N.V.Snap-on Incorporated
Wednesday, January 1, 2014325550000003277700000
Thursday, January 1, 2015259120000003352800000
Friday, January 1, 2016248720000003430400000
Sunday, January 1, 2017273610000003686900000
Monday, January 1, 2018297060000003740700000
Tuesday, January 1, 2019280790000003730000000
Wednesday, January 1, 2020260320000003592500000
Friday, January 1, 2021334280000004252000000
Saturday, January 1, 2022235510000004492800000
Sunday, January 1, 2023246940000005108300000
Monday, January 1, 20244707400000
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Unlocking the unknown

Revenue Showdown: Snap-on vs. CNH Industrial

In the competitive landscape of industrial giants, Snap-on Incorporated and CNH Industrial N.V. have been vying for revenue supremacy over the past decade. From 2014 to 2023, CNH Industrial consistently outpaced Snap-on in revenue generation, boasting figures that were approximately 7 to 10 times higher each year. However, Snap-on has shown remarkable growth, with its revenue increasing by over 55% from 2014 to 2023.

A Decade of Financial Dynamics

While CNH Industrial's revenue peaked in 2021, reaching a staggering 33 billion, it experienced a decline in subsequent years. In contrast, Snap-on's revenue trajectory has been steadily upward, culminating in a record 5.1 billion in 2023. This trend highlights Snap-on's resilience and strategic growth in a challenging market. As we look to the future, the question remains: will Snap-on continue its upward climb, or will CNH Industrial reclaim its dominant position?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025