Key Insights on Gross Profit: HEICO Corporation vs Graco Inc.

HEICO vs Graco: A Decade of Profit Growth

__timestampGraco Inc.HEICO Corporation
Wednesday, January 1, 2014666736000398312000
Thursday, January 1, 2015684700000434179000
Friday, January 1, 2016708239000515492000
Sunday, January 1, 2017793049000574725000
Monday, January 1, 2018882539000690715000
Tuesday, January 1, 2019859756000813840000
Wednesday, January 1, 2020854937000682127000
Friday, January 1, 20211033949000727423000
Saturday, January 1, 20221057439000862759000
Sunday, January 1, 202311610210001153488000
Monday, January 1, 202411224610001501726000
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Unlocking the unknown

A Decade of Growth: HEICO Corporation vs Graco Inc.

In the competitive landscape of industrial manufacturing, HEICO Corporation and Graco Inc. have demonstrated remarkable growth over the past decade. From 2014 to 2024, Graco Inc. saw its gross profit increase by approximately 68%, starting from $667 million in 2014 and peaking at $1.16 billion in 2023. Meanwhile, HEICO Corporation's gross profit surged by an impressive 277%, from $398 million in 2014 to a projected $1.50 billion in 2024.

Key Insights

  • Graco Inc.: Consistent growth with a notable spike in 2023, reflecting a robust market position.
  • HEICO Corporation: A significant upward trajectory, especially post-2018, indicating strategic expansions and innovations.

These trends highlight the dynamic nature of the industrial sector, where strategic investments and market adaptability are crucial for sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025