Fortive Corporation or Western Digital Corporation: Who Leads in Yearly Revenue?

Fortive vs. Western Digital: A Decade of Revenue Rivalry

__timestampFortive CorporationWestern Digital Corporation
Wednesday, January 1, 2014633720000015130000000
Thursday, January 1, 2015617880000014572000000
Friday, January 1, 2016622430000012994000000
Sunday, January 1, 2017665600000019093000000
Monday, January 1, 2018645270000020647000000
Tuesday, January 1, 2019732000000016569000000
Wednesday, January 1, 2020463440000016736000000
Friday, January 1, 2021525470000016922000000
Saturday, January 1, 2022582570000018793000000
Sunday, January 1, 2023606530000012318000000
Monday, January 1, 2024623180000013003000000
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Igniting the spark of knowledge

A Revenue Race: Fortive vs. Western Digital

In the competitive landscape of technology and industrial solutions, Fortive Corporation and Western Digital Corporation have been vying for the top spot in annual revenue. Over the past decade, Western Digital has consistently outpaced Fortive, boasting revenues that are approximately 2.5 times higher on average. In 2018, Western Digital reached its peak with a staggering 20% increase from 2014, while Fortive's revenue saw a modest 2% growth in the same period.

However, the tides seem to be shifting. By 2023, Western Digital's revenue dipped by 40% from its 2018 high, whereas Fortive showed signs of recovery with a 31% increase from its 2020 low. This trend suggests a potential narrowing of the revenue gap. As we look to the future, the question remains: will Fortive continue its upward trajectory, or will Western Digital reclaim its dominance?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025