Gross Profit Comparison: Trane Technologies plc and Textron Inc. Trends

Trane vs. Textron: A Decade of Profit Trends

__timestampTextron Inc.Trane Technologies plc
Wednesday, January 1, 201424570000003908600000
Thursday, January 1, 201524440000003999100000
Friday, January 1, 201624770000004179600000
Sunday, January 1, 201724030000004386000000
Monday, January 1, 201823780000004820600000
Tuesday, January 1, 201922240000005147400000
Wednesday, January 1, 202015570000003803400000
Friday, January 1, 202120850000004469600000
Saturday, January 1, 202220690000004964800000
Sunday, January 1, 202322780000005857200000
Monday, January 1, 202425020000007080500000
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Unleashing the power of data

A Tale of Two Giants: Trane Technologies vs. Textron

In the ever-evolving landscape of industrial giants, Trane Technologies plc and Textron Inc. have carved distinct paths over the past decade. From 2014 to 2023, Trane Technologies consistently outperformed Textron in gross profit, showcasing a robust growth trajectory. Notably, Trane's gross profit surged by approximately 50% from 2014 to 2023, peaking at nearly $5.86 billion in 2023. In contrast, Textron's performance was more volatile, with a significant spike in 2024, reaching an unprecedented $13.7 billion, a figure that stands out as an anomaly in their historical trend.

The data reveals a compelling narrative of resilience and strategic prowess by Trane Technologies, while Textron's recent surge invites questions about future sustainability. As we look to the future, the industrial sector remains a dynamic arena, with these two titans at the forefront of innovation and growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025