Key Insights on Gross Profit: Eaton Corporation plc vs 3M Company

Eaton vs 3M: A Decade of Gross Profit Trends

__timestamp3M CompanyEaton Corporation plc
Wednesday, January 1, 2014153740000006906000000
Thursday, January 1, 2015148910000006563000000
Friday, January 1, 2016150690000006347000000
Sunday, January 1, 2017156560000006648000000
Monday, January 1, 2018160830000007098000000
Tuesday, January 1, 2019150000000007052000000
Wednesday, January 1, 2020155790000005450000000
Friday, January 1, 2021165600000006335000000
Saturday, January 1, 2022149970000006887000000
Sunday, January 1, 2023142040000008433000000
Monday, January 1, 2024101280000009503000000
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A Decade of Gross Profit: Eaton Corporation plc vs 3M Company

In the ever-evolving landscape of industrial giants, Eaton Corporation plc and 3M Company have been pivotal players. Over the past decade, from 2014 to 2023, these companies have showcased intriguing trends in their gross profit margins. 3M Company, a stalwart in the industry, experienced a peak in 2021, with gross profits reaching approximately 16.56 billion, before witnessing a decline to around 14.20 billion by 2023. This represents a decrease of about 14% from its peak. Meanwhile, Eaton Corporation plc, known for its innovative solutions, saw a significant rise in its gross profit, culminating in 2023 with an impressive 8.43 billion, marking a growth of nearly 54% from its lowest point in 2020. This data not only highlights the resilience and adaptability of these corporations but also underscores the dynamic nature of the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025