Cost of Revenue Trends: A Tale of Two Giants

In the ever-evolving landscape of industrial and infrastructure services, Trane Technologies plc and AECOM have carved out significant niches. Over the past decade, AECOM's cost of revenue has shown a dynamic trajectory, peaking in 2018 with a 33% increase from 2014, before experiencing a dip in 2020. Meanwhile, Trane Technologies plc has maintained a more stable trend, with a notable 14% rise from 2014 to 2023.

AECOM's Fluctuations

AECOM's cost of revenue saw a dramatic rise in 2015, nearly quadrupling from the previous year, reflecting its aggressive expansion strategies. However, the pandemic year of 2020 marked a significant downturn, with costs dropping by 35% from 2019.

Trane Technologies' Steady Climb

Trane Technologies, on the other hand, has shown resilience, with a consistent upward trend, culminating in a 2023 peak. This stability underscores its strategic focus on sustainable growth.

The data for 2024 remains incomplete, leaving room for speculation on future trends.