Gross Profit Comparison: Waste Management, Inc. and Howmet Aerospace Inc. Trends

Gross Profit Trends: Waste Management, Inc. vs. Howmet Aerospace Inc.

In the ever-evolving landscape of American industry, Waste Management, Inc. and Howmet Aerospace Inc. stand as titans in their respective fields. Over the past decade, Waste Management has consistently outperformed Howmet Aerospace in terms of gross profit, showcasing a robust growth trajectory. From 2014 to 2023, Waste Management's gross profit surged by approximately 57%, peaking at $7.82 billion in 2023. In contrast, Howmet Aerospace experienced a more volatile journey, with a notable dip in 2020, reflecting broader industry challenges. However, by 2023, Howmet Aerospace managed a recovery, achieving a gross profit of $1.87 billion. This comparison not only highlights the resilience of Waste Management in the waste services sector but also underscores the cyclical nature of the aerospace industry. As we look to the future, these trends offer valuable insights into the strategic positioning and market dynamics of these industrial giants.