Key Insights on Gross Profit: Lennox International Inc. vs Hubbell Incorporated

Lennox vs Hubbell: A Decade of Profit Growth

__timestamp	Hubbell Incorporated	Lennox International Inc.
Wednesday, January 1, 2014	1109000000	903300000
Thursday, January 1, 2015	1091800000	947400000
Friday, January 1, 2016	1100700000	1076500000
Sunday, January 1, 2017	1151900000	1125200000
Monday, January 1, 2018	1300400000	1111200000
Tuesday, January 1, 2019	1352700000	1079800000
Wednesday, January 1, 2020	1209300000	1040100000
Friday, January 1, 2021	1151500000	1188400000
Saturday, January 1, 2022	1471600000	1284700000
Sunday, January 1, 2023	1888100000	1547800000
Monday, January 1, 2024	1904100000	1771900000

Igniting the spark of knowledge

A Tale of Two Giants: Lennox International Inc. vs Hubbell Incorporated

In the competitive landscape of industrial manufacturing, Lennox International Inc. and Hubbell Incorporated have been pivotal players. Over the past decade, these companies have showcased remarkable growth in their gross profits. From 2014 to 2023, Hubbell Incorporated's gross profit surged by approximately 70%, peaking in 2023. Meanwhile, Lennox International Inc. demonstrated a steady upward trajectory, with a notable 72% increase in gross profit over the same period, reaching its zenith in 2024.

Despite a dip in 2020, likely due to global economic challenges, both companies rebounded strongly. By 2023, Lennox International Inc. had closed the gap, achieving a gross profit that was 82% of Hubbell's. This data highlights the resilience and strategic prowess of these industry leaders, setting a benchmark for others in the sector.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025