Gross Profit Comparison: Watsco, Inc. and Avery Dennison Corporation Trends

A Tale of Two Giants: Watsco, Inc. vs. Avery Dennison Corporation

In the ever-evolving landscape of industrial giants, Watsco, Inc. and Avery Dennison Corporation have carved out significant niches. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable growth in gross profit, reflecting their resilience and strategic prowess.

Avery Dennison Corporation: A Steady Climb

Avery Dennison has shown a consistent upward trajectory, with gross profits increasing by approximately 38% over the period. The company peaked in 2022, showcasing its ability to adapt and thrive in changing market conditions.

Watsco, Inc.: A Robust Competitor

Watsco, Inc. has also experienced substantial growth, with a notable 112% increase in gross profit from 2014 to 2022. This growth underscores Watsco's strategic expansions and market penetration.

Both companies have demonstrated resilience, with Avery Dennison maintaining a steady lead, while Watsco's aggressive growth strategy has narrowed the gap significantly.