Annual Revenue Comparison: 3M Company vs Howmet Aerospace Inc.

3M vs Howmet: A Decade of Revenue Dynamics

__timestamp3M CompanyHowmet Aerospace Inc.
Wednesday, January 1, 20143182100000012542000000
Thursday, January 1, 20153027400000012413000000
Friday, January 1, 20163010900000012394000000
Sunday, January 1, 20173165700000012960000000
Monday, January 1, 20183276500000014014000000
Tuesday, January 1, 20193213600000014192000000
Wednesday, January 1, 2020321840000005259000000
Friday, January 1, 2021353550000004972000000
Saturday, January 1, 2022342290000005663000000
Sunday, January 1, 2023326810000006640000000
Monday, January 1, 2024245750000007430000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: 3M Company vs. Howmet Aerospace Inc.

In the ever-evolving landscape of industrial giants, 3M Company and Howmet Aerospace Inc. have carved distinct paths over the past decade. From 2014 to 2023, 3M consistently showcased its prowess, with revenues peaking in 2021 at approximately 35.4 billion USD, marking a 10% increase from 2014. However, 2024 saw a significant dip, with revenues dropping to around 24.6 billion USD, indicating potential challenges or strategic shifts.

Conversely, Howmet Aerospace experienced a rollercoaster journey. While 2018 and 2019 were high points, with revenues nearing 14 billion USD, the subsequent years saw a sharp decline, particularly in 2020 and 2021, with revenues plummeting by over 60%. This stark contrast highlights the dynamic nature of the aerospace sector, influenced by global events and market demands.

As we look to the future, the resilience and adaptability of these companies will be pivotal in navigating the complexities of the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025