Cost of Revenue Trends: Cummins Inc. vs ITT Inc.

Cummins vs ITT: Cost of Revenue Trends Unveiled

__timestampCummins Inc.ITT Inc.
Wednesday, January 1, 2014143600000001788200000
Thursday, January 1, 2015141630000001676500000
Friday, January 1, 2016130570000001647200000
Sunday, January 1, 2017153380000001768100000
Monday, January 1, 2018180340000001857900000
Tuesday, January 1, 2019175910000001936300000
Wednesday, January 1, 2020149170000001695600000
Friday, January 1, 2021183260000001865500000
Saturday, January 1, 2022213550000002065400000
Sunday, January 1, 2023258160000002175700000
Monday, January 1, 2024256630000002383400000
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Igniting the spark of knowledge

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of industrial manufacturing, Cummins Inc. and ITT Inc. have carved out significant niches. Over the past decade, from 2014 to 2023, these two titans have shown distinct 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. has demonstrated a robust upward trajectory, with its cost of revenue increasing by approximately 80% over the period. This growth reflects the company's expanding operations and market reach, culminating in a peak in 2023.

ITT Inc.: Consistent Performance

Conversely, ITT Inc. has maintained a more stable cost of revenue, with a modest increase of around 22% over the same period. This stability underscores ITT's efficient cost management and steady market presence.

These trends highlight the contrasting strategies and market dynamics faced by these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025