A Decade of Gross Profit Trends: Equifax Inc. vs. ITT Inc.

In the ever-evolving landscape of the financial sector, understanding the gross profit trends of major companies is crucial. Over the past decade, Equifax Inc. and ITT Inc. have shown distinct trajectories in their financial performance. From 2014 to 2023, Equifax Inc. has seen a remarkable 84% increase in gross profit, peaking in 2022 with a 2.95 billion USD mark. In contrast, ITT Inc. experienced a more modest growth of 28%, reaching its highest gross profit in 2023 at 1.11 billion USD.

This comparison highlights Equifax's robust growth strategy, especially post-2020, where it surged by 23% in just three years. Meanwhile, ITT Inc.'s steady climb reflects a consistent, albeit slower, growth pattern. These insights provide a window into the strategic decisions and market conditions influencing these industry giants.