Gross Profit Analysis: Comparing Trane Technologies plc and Owens Corning

Trane vs. Owens: A Decade of Profit Growth

__timestampOwens CorningTrane Technologies plc
Wednesday, January 1, 20149760000003908600000
Thursday, January 1, 201511530000003999100000
Friday, January 1, 201613810000004179600000
Sunday, January 1, 201715720000004386000000
Monday, January 1, 201816320000004820600000
Tuesday, January 1, 201916090000005147400000
Wednesday, January 1, 202016100000003803400000
Friday, January 1, 202122170000004469600000
Saturday, January 1, 202226160000004964800000
Sunday, January 1, 202326830000005857200000
Monday, January 1, 20247080500000
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Unveiling the hidden dimensions of data

Gross Profit Growth: A Tale of Two Giants

In the competitive landscape of industrial manufacturing, Trane Technologies plc and Owens Corning have showcased remarkable growth in gross profit over the past decade. From 2014 to 2023, Trane Technologies plc has consistently outperformed Owens Corning, with an average gross profit nearly 2.6 times higher. Notably, Trane Technologies plc's gross profit surged by approximately 50% from 2014 to 2023, peaking in 2023 with a 5.86 billion mark. Meanwhile, Owens Corning demonstrated a robust growth trajectory, achieving a 175% increase in gross profit over the same period, culminating in a 2.68 billion figure in 2023. This analysis highlights the resilience and strategic prowess of these industry leaders, as they navigate economic fluctuations and market demands. As we look to the future, these trends underscore the importance of innovation and efficiency in sustaining financial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025