3M Company and PACCAR Inc: A Detailed Gross Profit Analysis

3M vs. PACCAR: A Decade of Profit Trends

__timestamp3M CompanyPACCAR Inc
Wednesday, January 1, 2014153740000002793200000
Thursday, January 1, 2015148910000003121300000
Friday, January 1, 2016150690000002753200000
Sunday, January 1, 2017156560000002985600000
Monday, January 1, 2018160830000003655800000
Tuesday, January 1, 2019150000000004015400000
Wednesday, January 1, 2020155790000002452000000
Friday, January 1, 2021165600000003291900000
Saturday, January 1, 2022149970000004751600000
Sunday, January 1, 2023142040000007141900000
Monday, January 1, 2024101280000005494700000
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Unleashing the power of data

A Tale of Two Giants: 3M Company vs. PACCAR Inc

In the ever-evolving landscape of American industry, 3M Company and PACCAR Inc stand as titans in their respective fields. From 2014 to 2024, these companies have showcased intriguing trends in their gross profit margins. 3M, a stalwart in manufacturing, saw its gross profit peak in 2021, only to decline by approximately 39% by 2024. Meanwhile, PACCAR, a leader in the automotive sector, experienced a remarkable surge, with its gross profit more than doubling from 2014 to 2023. This divergence highlights the dynamic nature of industrial growth and adaptation. While 3M faced challenges, PACCAR capitalized on market opportunities, reflecting broader economic shifts. As we delve into these trends, the data offers a compelling narrative of resilience and transformation in the face of global economic pressures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025