Cost of Revenue Comparison: Cummins Inc. vs Allegion plc

Cost of Revenue: A Tale of Two Giants

In the world of industrial manufacturing, Cummins Inc. and Allegion plc stand as titans, each with a unique story of growth and resilience. Over the past decade, from 2014 to 2023, these companies have showcased remarkable trends in their cost of revenue, a critical metric reflecting the direct costs attributable to the production of goods sold by a company.

Cummins Inc.: A Steady Climb

Cummins Inc., a leader in power solutions, has seen its cost of revenue rise by approximately 80% over this period, peaking at $25.8 billion in 2023. This growth underscores Cummins' expanding market reach and operational scale.

Allegion plc: Consistent Growth

Allegion plc, specializing in security products, has also experienced a significant increase, with its cost of revenue growing by about 64%, reaching $2.1 billion in 2023. This steady rise highlights Allegion's strategic market positioning and innovation in security solutions.

Both companies have navigated economic fluctuations, demonstrating resilience and adaptability in a competitive landscape.