International Business Machines Corporation and Fortive Corporation: A Detailed Gross Profit Analysis

IBM vs. Fortive: A Decade of Gross Profit Trends

__timestampFortive CorporationInternational Business Machines Corporation
Wednesday, January 1, 2014304920000046407000000
Thursday, January 1, 2015299530000040684000000
Friday, January 1, 2016303280000038516000000
Sunday, January 1, 2017329850000036943000000
Monday, January 1, 2018332130000036936000000
Tuesday, January 1, 2019368030000031533000000
Wednesday, January 1, 2020260850000030865000000
Friday, January 1, 2021300710000031486000000
Saturday, January 1, 2022336340000032687000000
Sunday, January 1, 2023359410000034300000000
Monday, January 1, 2024373100000035551000000
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Data in motion

A Tale of Two Giants: IBM and Fortive's Gross Profit Journey

In the ever-evolving landscape of technology and industrial solutions, International Business Machines Corporation (IBM) and Fortive Corporation stand as titans. From 2014 to 2023, IBM's gross profit has seen a notable decline of approximately 26%, from a peak of $46 billion in 2014 to $34 billion in 2023. This trend reflects the challenges faced by legacy tech companies in adapting to new market dynamics.

Conversely, Fortive, a leader in industrial technology, has demonstrated resilience. Despite fluctuations, Fortive's gross profit has grown by nearly 18% over the same period, reaching $3.6 billion in 2023. This growth underscores Fortive's strategic adaptability and market penetration.

While IBM's data for 2024 remains elusive, the trends highlight the contrasting paths of these industry leaders. As the digital age progresses, their financial narratives offer valuable insights into the broader economic shifts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025