Key Insights on Gross Profit: Axon Enterprise, Inc. vs Westinghouse Air Brake Technologies Corporation

A Decade of Growth: Axon vs. Westinghouse

In the ever-evolving landscape of industrial technology, Axon Enterprise, Inc. and Westinghouse Air Brake Technologies Corporation have demonstrated remarkable growth over the past decade. From 2014 to 2023, Axon Enterprise's gross profit surged by an impressive 840%, reflecting its strategic innovations and market expansion. Meanwhile, Westinghouse Air Brake Technologies, a stalwart in the transportation sector, saw a robust 220% increase in gross profit, underscoring its resilience and adaptability.

Key Insights

• Axon Enterprise, Inc.: Starting with a modest gross profit in 2014, Axon has consistently outpaced its own benchmarks, culminating in a 2023 gross profit that is nearly tenfold its 2014 figure.
• Westinghouse Air Brake Technologies: Despite facing industry challenges, Westinghouse has maintained a steady upward trajectory, with its 2023 gross profit more than doubling since 2014.

This data highlights the dynamic nature of industrial growth and the strategic prowess of these two companies.