Gross Profit Analysis: Comparing Deere & Company and Westinghouse Air Brake Technologies Corporation

Gross Profit Trends: Deere & Company vs. Westinghouse Air Brake Technologies

In the ever-evolving landscape of industrial giants, Deere & Company and Westinghouse Air Brake Technologies Corporation have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Deere & Company has seen a remarkable 102% increase in gross profit, peaking in 2023. This growth underscores its robust market position and strategic advancements. In contrast, Westinghouse Air Brake Technologies Corporation, while experiencing a steady rise, achieved a 222% increase in gross profit by 2023, albeit from a smaller base. This highlights its aggressive expansion and operational efficiency. Notably, Deere's gross profit in 2023 was approximately seven times that of Westinghouse, reflecting its larger scale. However, the absence of data for 2024 for Westinghouse suggests potential reporting delays or strategic shifts. These insights provide a compelling narrative of industrial resilience and growth strategies.