| __timestamp | 3M Company | Elbit Systems Ltd. |
|---|---|---|
| Wednesday, January 1, 2014 | 16447000000 | 2133151000 |
| Thursday, January 1, 2015 | 15383000000 | 2210528000 |
| Friday, January 1, 2016 | 15040000000 | 2300636000 |
| Sunday, January 1, 2017 | 16001000000 | 2379905000 |
| Monday, January 1, 2018 | 16682000000 | 2707505000 |
| Tuesday, January 1, 2019 | 17136000000 | 3371933000 |
| Wednesday, January 1, 2020 | 16605000000 | 3497465000 |
| Friday, January 1, 2021 | 18795000000 | 3920473000 |
| Saturday, January 1, 2022 | 19232000000 | 4138266000 |
| Sunday, January 1, 2023 | 18477000000 | 4491790000 |
| Monday, January 1, 2024 | 14447000000 |
Unleashing insights
In the ever-evolving landscape of global business, cost efficiency remains a pivotal factor for success. This analysis delves into the cost of revenue trends for two industry giants: 3M Company and Elbit Systems Ltd., from 2014 to 2023. Over this decade, 3M Company consistently maintained a higher cost of revenue, peaking in 2022 with a 15% increase from 2014. In contrast, Elbit Systems Ltd. demonstrated a more dynamic growth, with a remarkable 110% rise in cost of revenue over the same period. This suggests a strategic expansion or increased operational costs. Notably, 3M's cost of revenue saw a significant dip in 2024, indicating potential efficiency improvements or strategic shifts. Missing data for Elbit Systems in 2024 highlights the need for further investigation. This comparative analysis underscores the importance of cost management in sustaining competitive advantage.
