Cost of Revenue Comparison: Watsco, Inc. vs Avery Dennison Corporation

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of industrial giants, Watsco, Inc. and Avery Dennison Corporation stand as titans in their respective fields. Over the past decade, from 2014 to 2023, these companies have showcased a fascinating trajectory in their cost of revenue, a critical metric reflecting the direct costs attributable to the production of goods sold by a company.

Avery Dennison Corporation, a leader in labeling and packaging materials, has seen its cost of revenue grow by approximately 40% over this period. Notably, the year 2022 marked its peak, with a 53% increase from 2014. Meanwhile, Watsco, Inc., a major player in HVAC distribution, experienced a more dramatic rise, with its cost of revenue surging by nearly 77%, peaking in 2023.

This comparison not only highlights the growth trajectories of these companies but also underscores the dynamic nature of their industries, driven by innovation and market demand.