Gross Profit Analysis: Comparing W.W. Grainger, Inc. and TFI International Inc.

Gross Profit Growth: TFI vs. Grainger Over a Decade

__timestampTFI International Inc.W.W. Grainger, Inc.
Wednesday, January 1, 20144173233644314242000
Thursday, January 1, 20153525528034231428000
Friday, January 1, 20163582300424114557000
Sunday, January 1, 20174052143144097557000
Monday, January 1, 20185100063884348000000
Tuesday, January 1, 20195026319214397000000
Wednesday, January 1, 20205418850004238000000
Friday, January 1, 202110378630004720000000
Saturday, January 1, 202214268510005849000000
Sunday, January 1, 202312653920006496000000
Monday, January 1, 20246758000000
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Igniting the spark of knowledge

Gross Profit Trends: A Tale of Two Giants

In the competitive landscape of North American logistics and industrial supply, TFI International Inc. and W.W. Grainger, Inc. have showcased remarkable growth trajectories over the past decade. Since 2014, W.W. Grainger has consistently outperformed TFI International in terms of gross profit, with a staggering 50% increase from 2014 to 2023. In contrast, TFI International has demonstrated a robust growth rate of approximately 200% during the same period, reflecting its aggressive expansion strategy.

Key Insights

  • W.W. Grainger, Inc.: Dominating the industrial supply sector, Grainger's gross profit peaked in 2023, marking a 20% rise from 2022.
  • TFI International Inc.: The logistics powerhouse saw its gross profit soar by 37% in 2022, underscoring its strategic acquisitions and market penetration.
    These trends highlight the dynamic nature of these industries and the strategic maneuvers of these companies to maintain their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025