Gross Profit Trends Compared: Ingersoll Rand Inc. vs Graco Inc.

Gross Profit Trends: A Tale of Two Industrial Giants

In the competitive landscape of industrial manufacturing, Ingersoll Rand Inc. and Graco Inc. have showcased intriguing gross profit trends over the past decade. From 2014 to 2023, Graco Inc. demonstrated a steady growth, with gross profits increasing by approximately 74%, peaking in 2023. Meanwhile, Ingersoll Rand Inc. experienced a more dramatic rise, with profits surging by over 200% during the same period, reaching their zenith in 2023.

The year 2020 marked a pivotal point for Ingersoll Rand, with profits nearly doubling compared to the previous year, likely due to strategic acquisitions and market expansion. Graco, while maintaining a consistent upward trajectory, saw its most significant growth between 2021 and 2023. As we look to 2024, data for Ingersoll Rand remains elusive, leaving industry analysts eager to see if this upward trend will continue.