| __timestamp | 3M Company | Nordson Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 16447000000 | 758923000 |
| Thursday, January 1, 2015 | 15383000000 | 774702000 |
| Friday, January 1, 2016 | 15040000000 | 815495000 |
| Sunday, January 1, 2017 | 16001000000 | 927981000 |
| Monday, January 1, 2018 | 16682000000 | 1018703000 |
| Tuesday, January 1, 2019 | 17136000000 | 1002123000 |
| Wednesday, January 1, 2020 | 16605000000 | 990632000 |
| Friday, January 1, 2021 | 18795000000 | 1038129000 |
| Saturday, January 1, 2022 | 19232000000 | 1163742000 |
| Sunday, January 1, 2023 | 18477000000 | 1203227000 |
| Monday, January 1, 2024 | 14447000000 | 1203792000 |
Igniting the spark of knowledge
In the ever-evolving landscape of industrial giants, understanding cost efficiency is paramount. Over the past decade, 3M Company and Nordson Corporation have showcased intriguing trends in their cost of revenue. From 2014 to 2023, 3M's cost of revenue fluctuated, peaking in 2022 with a 17% increase from 2014, before a notable dip in 2024. Meanwhile, Nordson Corporation demonstrated a steady upward trajectory, with a 59% rise over the same period, reflecting robust growth and operational efficiency.
This comparative analysis highlights 3M's challenges in maintaining cost efficiency, while Nordson's consistent growth underscores its strategic prowess. As we delve into these insights, it becomes evident that while 3M grapples with volatility, Nordson's steady climb positions it as a formidable player in the industrial sector. Such insights are crucial for investors and industry analysts aiming to navigate the complexities of the market.
