Gross Profit Analysis: Comparing Westinghouse Air Brake Technologies Corporation and Snap-on Incorporated

A Decade of Profit Growth in Industrial Manufacturing

__timestampSnap-on IncorporatedWestinghouse Air Brake Technologies Corporation
Wednesday, January 1, 20141584300000913534000
Thursday, January 1, 201516483000001026153000
Friday, January 1, 20161709600000901541000
Sunday, January 1, 201718249000001040597000
Monday, January 1, 201818700000001211731000
Tuesday, January 1, 201918440000002077600000
Wednesday, January 1, 202017485000001898700000
Friday, January 1, 202121108000002135000000
Saturday, January 1, 202221811000002292000000
Sunday, January 1, 202326198000002944000000
Monday, January 1, 202423779000003366000000
Loading chart...

Unleashing the power of data

Gross Profit Trends: A Tale of Two Giants

In the competitive landscape of industrial manufacturing, Westinghouse Air Brake Technologies Corporation and Snap-on Incorporated have showcased remarkable growth in gross profit over the past decade. From 2014 to 2023, Snap-on Incorporated's gross profit surged by approximately 65%, reaching a peak in 2023. Meanwhile, Westinghouse Air Brake Technologies Corporation demonstrated an even more impressive growth of around 222% during the same period.

A Decade of Growth

Starting in 2014, Snap-on Incorporated reported a gross profit of $1.58 billion, steadily climbing to $2.62 billion by 2023. Westinghouse Air Brake Technologies Corporation, on the other hand, began with a more modest $913 million in 2014, but by 2023, it had nearly tripled to $2.94 billion. This growth trajectory highlights the dynamic shifts and strategic advancements within these companies, reflecting their resilience and adaptability in a rapidly evolving market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025