Cost of Revenue Comparison: AMETEK, Inc. vs Lennox International Inc.

Cost of Revenue: A Tale of Two Giants

In the competitive landscape of industrial manufacturing, AMETEK, Inc. and Lennox International Inc. have been pivotal players. Over the past decade, AMETEK's cost of revenue has seen a significant rise, peaking at approximately 4.2 billion in 2023, marking a 62% increase from 2014. Meanwhile, Lennox International's cost of revenue has grown steadily, reaching around 3.4 billion in 2023, a 39% increase since 2014. This upward trend reflects the companies' strategic investments and market expansion efforts.

Interestingly, 2020 marked a dip for both companies, likely due to global economic disruptions. However, both rebounded strongly in subsequent years. Notably, AMETEK's cost of revenue consistently surpassed Lennox's, highlighting its larger scale of operations. As we look to 2024, Lennox's data remains incomplete, leaving room for speculation on its future trajectory. This comparison underscores the dynamic nature of the industrial sector and the resilience of these industry leaders.