3M Company vs Northrop Grumman Corporation: A Gross Profit Performance Breakdown

3M vs Northrop Grumman: A Decade of Gross Profit Trends

__timestamp3M CompanyNorthrop Grumman Corporation
Wednesday, January 1, 2014153740000005601000000
Thursday, January 1, 2015148910000005642000000
Friday, January 1, 2016150690000005777000000
Sunday, January 1, 2017156560000005954000000
Monday, January 1, 2018160830000006791000000
Tuesday, January 1, 2019150000000007259000000
Wednesday, January 1, 2020155790000007478000000
Friday, January 1, 2021165600000007268000000
Saturday, January 1, 2022149970000007474000000
Sunday, January 1, 2023142040000006551000000
Monday, January 1, 2024101280000008362000000
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Unlocking the unknown

A Tale of Two Giants: 3M and Northrop Grumman's Gross Profit Journey

In the ever-evolving landscape of American industry, 3M Company and Northrop Grumman Corporation stand as titans in their respective fields. From 2014 to 2023, these companies have showcased distinct trajectories in gross profit performance.

3M, a stalwart in manufacturing, saw its gross profit peak in 2021, reaching approximately 16.6 billion, before experiencing a decline to around 14.2 billion in 2023. This represents a decrease of about 15% over two years, reflecting challenges in the manufacturing sector.

Conversely, Northrop Grumman, a leader in defense technology, demonstrated a steady climb, with gross profits increasing by roughly 33% from 2014 to 2022. However, data for 2024 remains elusive, leaving room for speculation on future trends.

This comparative analysis highlights the dynamic nature of industry-specific challenges and opportunities, offering a glimpse into the strategic maneuvers of these corporate giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025