Gross Profit Comparison: 3M Company and FedEx Corporation Trends

3M vs. FedEx: A Decade of Profit Trends

__timestamp3M CompanyFedEx Corporation
Wednesday, January 1, 2014153740000009373000000
Thursday, January 1, 2015148910000008558000000
Friday, January 1, 20161506900000010328000000
Sunday, January 1, 20171565600000013808000000
Monday, January 1, 20181608300000014700000000
Tuesday, January 1, 20191500000000014827000000
Wednesday, January 1, 20201557900000013344000000
Friday, January 1, 20211656000000017954000000
Saturday, January 1, 20221499700000020167000000
Sunday, January 1, 20231420400000019166000000
Monday, January 1, 20241012800000018952000000
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A Tale of Two Giants: 3M and FedEx's Gross Profit Journey

In the ever-evolving landscape of American industry, 3M Company and FedEx Corporation stand as titans of innovation and logistics. Over the past decade, these two companies have navigated the turbulent waters of global markets, with their gross profits reflecting their resilience and adaptability.

From 2014 to 2024, 3M's gross profit showcased a steady yet modest growth, peaking in 2021 with a 10% increase from its 2014 figures. However, recent years have seen a decline, with 2024 figures dropping by approximately 35% from their peak. In contrast, FedEx has experienced a remarkable surge, with its gross profit more than doubling from 2014 to 2022, before stabilizing in the subsequent years.

This comparison not only highlights the dynamic nature of these industries but also underscores the strategic shifts each company has undertaken to maintain their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025