Gross Profit Trends Compared: Lennox International Inc. vs Clean Harbors, Inc.

Gross Profit Trends: A Tale of Two Companies

In the competitive landscape of industrial services and climate control, Clean Harbors, Inc. and Lennox International Inc. have shown intriguing gross profit trends over the past decade. From 2014 to 2023, Clean Harbors experienced a robust growth of approximately 73%, with a notable surge in 2022, reaching a peak gross profit of $1.66 billion in 2023. Meanwhile, Lennox International demonstrated a steady upward trajectory, culminating in a 71% increase over the same period, with a remarkable gross profit of $1.55 billion in 2023.

A Closer Look at the Numbers

While both companies have shown resilience, Lennox International's consistent growth reflects its strategic market positioning in the HVAC industry. Clean Harbors, on the other hand, capitalized on environmental services demand, especially post-2020. The data for 2024 is incomplete, but the trends suggest continued growth for Lennox International.