Gross Profit Analysis: Comparing Waste Connections, Inc. and HEICO Corporation

Comparing Gross Profit Growth of Two Industry Leaders

__timestampHEICO CorporationWaste Connections, Inc.
Wednesday, January 1, 2014398312000940778000
Thursday, January 1, 2015434179000939878000
Friday, January 1, 20165154920001418151000
Sunday, January 1, 20175747250001925713000
Monday, January 1, 20186907150002057237000
Tuesday, January 1, 20198138400002189922000
Wednesday, January 1, 20206821270002169182000
Friday, January 1, 20217274230002497287000
Saturday, January 1, 20228627590002875847000
Sunday, January 1, 202311534880003277438000
Monday, January 1, 202415017260003727885000
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Cracking the code

Gross Profit Growth: A Tale of Two Companies

In the competitive landscape of the U.S. stock market, Waste Connections, Inc. and HEICO Corporation have shown remarkable growth in gross profit over the past decade. Since 2014, Waste Connections, Inc. has consistently outperformed HEICO Corporation, with its gross profit growing by approximately 248% by 2023. In contrast, HEICO Corporation has seen a robust increase of around 189% during the same period.

A Closer Look at the Trends

Waste Connections, Inc. experienced a significant surge in 2016, with a 51% increase from the previous year, while HEICO Corporation's growth was more gradual, peaking in 2024. Notably, 2023 marked a record year for both companies, with Waste Connections, Inc. reaching its highest gross profit, despite missing data for 2024. This analysis highlights the dynamic nature of the industry and the strategic maneuvers that have propelled these companies forward.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025