Gross Profit Analysis: Comparing Thomson Reuters Corporation and Howmet Aerospace Inc.

Explore the financial journey of two industry titans.

__timestampHowmet Aerospace Inc.Thomson Reuters Corporation
Wednesday, January 1, 201421930000003398000000
Thursday, January 1, 201523090000003399000000
Friday, January 1, 201625880000002934000000
Sunday, January 1, 201726030000003254000000
Monday, January 1, 201826170000001370000000
Tuesday, January 1, 201929650000003475000000
Wednesday, January 1, 202013810000003715000000
Friday, January 1, 202113760000003870000000
Saturday, January 1, 202215600000004219000000
Sunday, January 1, 202318670000002699000000
Monday, January 1, 20242311000000
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Unveiling the hidden dimensions of data

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of global business, understanding the financial health of industry leaders is crucial. This analysis delves into the gross profit trends of Thomson Reuters Corporation and Howmet Aerospace Inc. from 2014 to 2023. Over this period, Thomson Reuters consistently outperformed Howmet Aerospace, with an average gross profit approximately 50% higher. Notably, 2022 marked a peak for Thomson Reuters, achieving a gross profit of over $4.2 billion, a 22% increase from 2014. Conversely, Howmet Aerospace experienced fluctuations, with a significant dip in 2020, reflecting broader industry challenges. By 2023, both companies faced a downturn, with Thomson Reuters dropping to $2.7 billion and Howmet Aerospace to $1.9 billion. These trends underscore the dynamic nature of the market and the resilience required to navigate it successfully.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025