Gross Profit Comparison: Canadian National Railway Company and HEICO Corporation Trends

Railway vs. Aerospace: A Decade of Profit Trends

__timestampCanadian National Railway CompanyHEICO Corporation
Wednesday, January 1, 20144992000000398312000
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Monday, January 1, 20185962000000690715000
Tuesday, January 1, 20196085000000813840000
Wednesday, January 1, 20205771000000682127000
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Monday, January 1, 20241501726000
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Gross Profit Trends: Canadian National Railway vs. HEICO Corporation

In the ever-evolving landscape of North American industries, the Canadian National Railway Company (CNR) and HEICO Corporation stand as titans in their respective fields. From 2014 to 2023, CNR's gross profit surged by approximately 43%, peaking in 2022. This growth underscores the resilience and strategic prowess of Canada's largest railway network. Meanwhile, HEICO Corporation, a leader in aerospace and electronics, demonstrated a remarkable 189% increase in gross profit over the same period, reflecting its innovative edge and market adaptability.

While CNR's profits dipped slightly in 2023, HEICO continued its upward trajectory, marking its highest gross profit yet. The data for 2024 remains incomplete for CNR, leaving room for speculation on its future performance. This comparison not only highlights the dynamic nature of these industries but also offers insights into the strategic maneuvers that drive financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025