Gross Profit Comparison: Cintas Corporation and PACCAR Inc Trends

Cintas vs. PACCAR: A Decade of Profit Growth

__timestampCintas CorporationPACCAR Inc
Wednesday, January 1, 201419143860002793200000
Thursday, January 1, 201519213370003121300000
Friday, January 1, 201621298700002753200000
Sunday, January 1, 201723802950002985600000
Monday, January 1, 201829085230003655800000
Tuesday, January 1, 201931285880004015400000
Wednesday, January 1, 202032337480002452000000
Friday, January 1, 202133146510003291900000
Saturday, January 1, 202236322460004751600000
Sunday, January 1, 202341733680007141900000
Monday, January 1, 202446864160005494700000
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In pursuit of knowledge

A Decade of Gross Profit Trends: Cintas Corporation vs. PACCAR Inc

In the ever-evolving landscape of American industry, Cintas Corporation and PACCAR Inc have emerged as significant players, each carving out a niche in their respective sectors. Over the past decade, from 2014 to 2024, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Cintas Corporation, a leader in corporate identity uniforms and facility services, has seen its gross profit soar by approximately 145%, from $1.9 billion in 2014 to an impressive $4.7 billion in 2024. This growth underscores Cintas's ability to expand its market share and enhance operational efficiency.

Meanwhile, PACCAR Inc, a heavyweight in the design and manufacture of premium trucks, has experienced a 97% increase in gross profit, peaking at $7.1 billion in 2023 before adjusting to $5.5 billion in 2024. This fluctuation highlights the cyclical nature of the automotive industry and PACCAR's resilience in navigating economic shifts.

These trends not only reflect the companies' individual strategies but also offer insights into broader economic patterns, making them a compelling study for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025