Gross Profit Analysis: Comparing HEICO Corporation and IDEX Corporation

HEICO vs. IDEX: A Decade of Gross Profit Growth

__timestampHEICO CorporationIDEX Corporation
Wednesday, January 1, 2014398312000949315000
Thursday, January 1, 2015434179000904315000
Friday, January 1, 2016515492000930767000
Sunday, January 1, 20175747250001026678000
Monday, January 1, 20186907150001117895000
Tuesday, January 1, 20198138400001125034000
Wednesday, January 1, 20206821270001027424000
Friday, January 1, 20217274230001224500000
Saturday, January 1, 20228627590001426900000
Sunday, January 1, 202311534880001448500000
Monday, January 1, 202415017260001454800000
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Infusing magic into the data realm

Gross Profit Trends: HEICO vs. IDEX

A Decade of Financial Performance

In the competitive landscape of aerospace and industrial manufacturing, HEICO Corporation and IDEX Corporation have demonstrated remarkable financial trajectories over the past decade. From 2014 to 2023, HEICO's gross profit surged by approximately 277%, reflecting its robust growth strategy and market adaptability. Meanwhile, IDEX Corporation maintained a steady upward trend, with a 53% increase in gross profit, showcasing its resilience and consistent market presence.

Key Insights

HEICO's gross profit growth outpaced IDEX, particularly noticeable in 2023, where HEICO's profits reached a peak of $1.15 billion, while IDEX achieved $1.45 billion. However, data for 2024 is incomplete, with IDEX's figures yet to be reported. This analysis highlights the dynamic nature of these corporations' financial health, offering investors a glimpse into their strategic prowess.

Conclusion

As we look to the future, these trends provide valuable insights for stakeholders and potential investors, emphasizing the importance of strategic growth and market adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025