Gross Profit Trends Compared: Lennox International Inc. vs Nordson Corporation

Gross Profit Trends: Lennox International Inc. vs Nordson Corporation

In the competitive landscape of industrial manufacturing, Lennox International Inc. and Nordson Corporation have shown remarkable growth in their gross profits over the past decade. From 2014 to 2024, Lennox International's gross profit surged by approximately 96%, while Nordson Corporation experienced a 57% increase. This trend highlights the resilience and strategic prowess of these companies in navigating market challenges.

A Decade of Growth

Lennox International started with a gross profit of around $903 million in 2014, reaching an impressive $1.77 billion by 2024. Nordson Corporation, on the other hand, began with $945 million and climbed to $1.49 billion. Notably, Lennox's growth accelerated post-2020, reflecting a robust recovery and expansion strategy.

Strategic Insights

The data suggests that both companies have effectively leveraged their market positions, with Lennox showing a particularly aggressive growth trajectory in recent years. This analysis provides valuable insights for investors and industry analysts alike.