Emerson Electric Co. vs. Howmet Aerospace Inc.: A Revenue Showdown

In the competitive landscape of industrial giants, Emerson Electric Co. and Howmet Aerospace Inc. have been vying for the top spot in annual revenue. Over the past decade, Emerson Electric has consistently outperformed Howmet, boasting revenues that are approximately 80% higher on average. In 2014, Emerson's revenue peaked at nearly 2.5 times that of Howmet's. However, the gap narrowed significantly by 2019, with Emerson's revenue only about 30% higher.

The pandemic year of 2020 saw a dramatic shift, with Howmet's revenue plummeting by over 60%, while Emerson maintained a steadier course. By 2023, Emerson's revenue had decreased by 38% from its 2014 high, yet it still led Howmet by a significant margin. The data for 2024 is incomplete, leaving room for speculation on future trends. This revenue rivalry highlights the dynamic nature of the industrial sector.