Analyzing Cost of Revenue: AMETEK, Inc. and Clean Harbors, Inc.

Analyzing Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of industrial and environmental services, AMETEK, Inc. and Clean Harbors, Inc. have shown remarkable trends in their cost of revenue over the past decade. From 2014 to 2023, AMETEK's cost of revenue surged by approximately 62%, reflecting its strategic expansions and operational efficiencies. Meanwhile, Clean Harbors experienced a 53% increase, underscoring its robust growth in environmental services.

A Decade of Growth

Starting in 2014, AMETEK's cost of revenue was slightly above Clean Harbors, but by 2023, both companies had significantly increased their expenditures, with AMETEK leading by a margin of around 12%. This trend highlights the competitive nature of the industry and the companies' commitment to scaling their operations.

Future Outlook

As both companies continue to innovate and expand, monitoring their cost of revenue will provide valuable insights into their financial health and market strategies.