| __timestamp | IDEX Corporation | Trane Technologies plc |
|---|---|---|
| Wednesday, January 1, 2014 | 1198452000 | 8982800000 |
| Thursday, January 1, 2015 | 1116353000 | 9301600000 |
| Friday, January 1, 2016 | 1182276000 | 9329300000 |
| Sunday, January 1, 2017 | 1260634000 | 9811600000 |
| Monday, January 1, 2018 | 1365771000 | 10847600000 |
| Tuesday, January 1, 2019 | 1369539000 | 11451500000 |
| Wednesday, January 1, 2020 | 1324222000 | 8651300000 |
| Friday, January 1, 2021 | 1540300000 | 9666800000 |
| Saturday, January 1, 2022 | 1755000000 | 11026900000 |
| Sunday, January 1, 2023 | 1825400000 | 11820400000 |
| Monday, January 1, 2024 | 1814000000 | 12757700000 |
Igniting the spark of knowledge
In the competitive landscape of industrial manufacturing, Trane Technologies plc and IDEX Corporation have showcased distinct trajectories in cost of revenue efficiency over the past decade. From 2014 to 2023, Trane Technologies consistently outpaced IDEX, with its cost of revenue peaking at approximately $11.8 billion in 2023, a 32% increase from 2014. In contrast, IDEX Corporation's cost of revenue grew by 52% over the same period, reaching around $1.8 billion in 2023. This disparity highlights Trane's larger scale and operational efficiency, despite IDEX's faster growth rate. The data underscores the strategic differences between these two industry leaders, with Trane leveraging its size for stability and IDEX focusing on agile expansion. As the industrial sector evolves, these trends offer valuable insights into the financial strategies shaping the future of manufacturing.
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