Gross Profit Analysis: Comparing Westinghouse Air Brake Technologies Corporation and Owens Corning

Decade-long profit growth in industrial giants.

__timestampOwens CorningWestinghouse Air Brake Technologies Corporation
Wednesday, January 1, 2014976000000913534000
Thursday, January 1, 201511530000001026153000
Friday, January 1, 20161381000000901541000
Sunday, January 1, 201715720000001040597000
Monday, January 1, 201816320000001211731000
Tuesday, January 1, 201916090000002077600000
Wednesday, January 1, 202016100000001898700000
Friday, January 1, 202122170000002135000000
Saturday, January 1, 202226160000002292000000
Sunday, January 1, 202326830000002944000000
Monday, January 1, 20243366000000
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Gross Profit Trends: A Decade of Growth

A Comparative Analysis of Westinghouse Air Brake Technologies and Owens Corning

Over the past decade, the industrial giants Westinghouse Air Brake Technologies Corporation and Owens Corning have demonstrated remarkable growth in gross profit. From 2014 to 2023, Owens Corning's gross profit surged by approximately 175%, reaching its peak in 2023. Meanwhile, Westinghouse Air Brake Technologies saw an impressive increase of around 222% over the same period, culminating in a record high in 2023.

In 2014, both companies started with similar gross profits, but by 2023, Westinghouse Air Brake Technologies had outpaced Owens Corning, achieving a gross profit nearly 10% higher. This growth trajectory highlights the resilience and strategic prowess of these companies in navigating economic challenges and capitalizing on market opportunities. As we look to the future, these trends suggest a promising outlook for both corporations, with potential for continued expansion and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025