AMETEK, Inc. or ITT Inc.: Who Leads in Yearly Revenue?

AMETEK vs. ITT: A Decade of Revenue Rivalry

__timestampAMETEK, Inc.ITT Inc.
Wednesday, January 1, 201440219640002654600000
Thursday, January 1, 201539742950002485600000
Friday, January 1, 201638400870002405400000
Sunday, January 1, 201743001700002585300000
Monday, January 1, 201848458720002745100000
Tuesday, January 1, 201951585570002846400000
Wednesday, January 1, 202045400290002477800000
Friday, January 1, 202155465140002765000000
Saturday, January 1, 202261505300002987700000
Sunday, January 1, 202365969500003283000000
Monday, January 1, 202469411800003630700000
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Infusing magic into the data realm

A Tale of Two Titans: AMETEK, Inc. vs. ITT Inc.

In the competitive landscape of industrial manufacturing, AMETEK, Inc. and ITT Inc. have been vying for dominance in yearly revenue since 2014. Over the past decade, AMETEK has consistently outperformed ITT, showcasing a robust growth trajectory. By 2023, AMETEK's revenue surged by approximately 64% from its 2014 figures, reaching a peak of $6.6 billion. In contrast, ITT's revenue grew by about 24% over the same period, culminating in $3.3 billion.

Revenue Growth Trends

AMETEK's revenue growth has been particularly impressive, with a notable spike in 2021, where it increased by 22% compared to the previous year. This growth can be attributed to strategic acquisitions and a focus on high-margin products. Meanwhile, ITT has maintained a steady, albeit slower, growth rate, reflecting its stable market position.

As these industrial giants continue to innovate, the revenue race remains a captivating narrative for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025