Gross Profit Comparison: Global Payments Inc. and IDEX Corporation Trends

A Decade of Growth: Global Payments Inc. vs. IDEX Corporation

In the ever-evolving landscape of financial services and industrial manufacturing, Global Payments Inc. and IDEX Corporation have showcased remarkable growth over the past decade. From 2014 to 2023, Global Payments Inc. has seen its gross profit soar by approximately 238%, reflecting its robust expansion and strategic acquisitions. Meanwhile, IDEX Corporation, a leader in fluid and metering technologies, has achieved a steady 53% increase in gross profit, underscoring its resilience and innovation in a competitive market.

Key Insights

• Global Payments Inc.: The company experienced a significant leap in gross profit, particularly from 2020 onwards, with a notable 25% increase in 2023 alone.
• IDEX Corporation: Despite a more modest growth trajectory, IDEX has consistently improved its profitability, with a peak in 2023.

These trends highlight the dynamic nature of these industries and the strategic maneuvers that have propelled these companies forward.