Cost of Revenue Trends: 3M Company vs TFI International Inc.

3M vs TFI: Diverging Cost of Revenue Paths

__timestamp3M CompanyTFI International Inc.
Wednesday, January 1, 2014164470000002782605137
Thursday, January 1, 2015153830000002551474032
Friday, January 1, 2016150400000002636493564
Sunday, January 1, 2017160010000003364979721
Monday, January 1, 2018166820000003251443800
Tuesday, January 1, 2019171360000003461987950
Wednesday, January 1, 2020166050000003239249000
Friday, January 1, 2021187950000006182566000
Saturday, January 1, 2022192320000007385640000
Sunday, January 1, 2023184770000006255775000
Monday, January 1, 202414447000000
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Unlocking the unknown

Cost of Revenue Trends: A Tale of Two Companies

A Historical Perspective

In the ever-evolving landscape of industrial giants, 3M Company and TFI International Inc. have showcased intriguing cost of revenue trends over the past decade. From 2014 to 2023, 3M's cost of revenue has seen a modest decline of approximately 12%, reflecting strategic cost management and operational efficiencies. In contrast, TFI International Inc. has experienced a remarkable surge, with costs nearly tripling, indicating aggressive expansion and scaling efforts.

Key Insights

3M's cost of revenue peaked in 2022, reaching a high point before a notable drop in 2024, suggesting potential restructuring or market shifts. Meanwhile, TFI International's costs soared in 2022, highlighting its rapid growth trajectory. However, the absence of 2024 data for TFI International leaves room for speculation on its future financial strategies.

Conclusion

These trends underscore the dynamic nature of cost management in diverse industries, offering valuable insights for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025