Gross Profit Trends Compared: Intuit Inc. vs Fortive Corporation

Gross Profit Trends: Intuit Inc. vs Fortive Corporation

In the ever-evolving landscape of corporate finance, understanding the trajectory of gross profits is crucial for investors and analysts alike. This chart offers a comparative analysis of Intuit Inc. and Fortive Corporation from 2014 to 2023. Over this period, Intuit Inc. has demonstrated a robust growth trajectory, with its gross profit surging by approximately 192%, from $3.8 billion in 2014 to an impressive $11.2 billion in 2023. In contrast, Fortive Corporation's growth has been more modest, with a 18% increase, peaking at $3.6 billion in 2023. Notably, Intuit's gross profit in 2023 is more than three times that of Fortive, highlighting its dominant market position. The data for 2024 is incomplete, but the trends suggest continued growth for Intuit. This analysis underscores the importance of strategic financial management in achieving sustained profitability.