| __timestamp | Avery Dennison Corporation | Trane Technologies plc |
|---|---|---|
| Wednesday, January 1, 2014 | 4679100000 | 8982800000 |
| Thursday, January 1, 2015 | 4321100000 | 9301600000 |
| Friday, January 1, 2016 | 4386800000 | 9329300000 |
| Sunday, January 1, 2017 | 4801600000 | 9811600000 |
| Monday, January 1, 2018 | 5243500000 | 10847600000 |
| Tuesday, January 1, 2019 | 5166000000 | 11451500000 |
| Wednesday, January 1, 2020 | 5048200000 | 8651300000 |
| Friday, January 1, 2021 | 6095500000 | 9666800000 |
| Saturday, January 1, 2022 | 6635100000 | 11026900000 |
| Sunday, January 1, 2023 | 6086800000 | 11820400000 |
| Monday, January 1, 2024 | 6225000000 | 12757700000 |
Infusing magic into the data realm
In the ever-evolving landscape of industrial giants, cost efficiency remains a pivotal metric for success. Over the past decade, Trane Technologies plc and Avery Dennison Corporation have showcased contrasting trajectories in their cost of revenue. From 2014 to 2023, Trane Technologies consistently outperformed Avery Dennison, with an average cost of revenue nearly double that of its competitor. Notably, Trane Technologies peaked in 2023, achieving a 32% increase from its 2014 figures, while Avery Dennison saw a more modest 30% rise over the same period.
This comparison highlights Trane Technologies' robust growth strategy, particularly in 2022 and 2023, where it surpassed the $11 billion mark. Meanwhile, Avery Dennison's steady climb reflects its resilience and adaptability in a competitive market. As we look to the future, these trends offer valuable insights into the strategic priorities of these industry leaders.
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