Gross Profit Trends Compared: Rockwell Automation, Inc. vs Avery Dennison Corporation

Gross Profit Trends: A Tale of Two Giants

In the competitive landscape of industrial automation and labeling solutions, Rockwell Automation, Inc. and Avery Dennison Corporation have showcased intriguing gross profit trends over the past decade. From 2014 to 2023, Rockwell Automation consistently outperformed Avery Dennison, with a notable peak in 2023, achieving a gross profit of approximately $3.7 billion. This represents a remarkable 35% increase from its 2016 low. Meanwhile, Avery Dennison experienced a steady climb, peaking in 2022 with a gross profit of around $2.4 billion, marking a 46% rise from its 2015 figures. However, 2023 saw a slight dip for Avery Dennison, highlighting potential market challenges. These trends underscore the dynamic nature of the industry, where innovation and strategic positioning are key to maintaining profitability. Missing data for 2024 suggests an evolving landscape, inviting speculation on future trajectories.