Gross Profit Trends Compared: Canadian National Railway Company vs Allegion plc

Gross Profit Trends: A Tale of Two Giants

In the world of transportation and security, Canadian National Railway Company and Allegion plc stand as titans. Over the past decade, from 2014 to 2023, these companies have showcased remarkable growth in their gross profits. Canadian National Railway Company, a leader in the North American rail industry, has seen its gross profit soar by approximately 43%, peaking in 2022. Meanwhile, Allegion plc, a global provider of security products, has experienced a staggering 85% increase in gross profit, reaching its zenith in 2023.

A Decade of Growth

The data reveals a consistent upward trend for both companies, with Allegion plc showing a more aggressive growth trajectory. This reflects the increasing demand for security solutions worldwide. In contrast, Canadian National Railway's growth, though steady, highlights the resilience and importance of rail transport in North America. These trends underscore the dynamic nature of these industries and their critical roles in the global economy.