Key Insights on Gross Profit: Teledyne Technologies Incorporated vs Gen Digital Inc.

Explore Gross Profit Trends: Teledyne vs. Gen Digital

__timestampGen Digital Inc.Teledyne Technologies Incorporated
Wednesday, January 1, 20145527000000906900000
Thursday, January 1, 20155355000000870300000
Friday, January 1, 20162985000000831000000
Sunday, January 1, 20173166000000991600000
Monday, January 1, 201838140000001110800000
Tuesday, January 1, 201936810000001243300000
Wednesday, January 1, 202020970000001180900000
Friday, January 1, 202121890000001841400000
Saturday, January 1, 202223880000002330300000
Sunday, January 1, 202327490000002439400000
Monday, January 1, 20243081000000
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Unveiling the hidden dimensions of data

A Tale of Two Companies: Gross Profit Trends from 2014 to 2023

In the competitive landscape of technology, understanding financial performance is crucial. This chart provides a decade-long insight into the gross profit trends of Teledyne Technologies Incorporated and Gen Digital Inc. From 2014 to 2023, Gen Digital Inc. experienced a significant decline in gross profit, dropping from a peak of $5.5 billion in 2014 to a low of $2.1 billion in 2020, before rebounding to $3.1 billion in 2024. This represents a dramatic 62% decrease at its lowest point, followed by a 47% recovery.

Conversely, Teledyne Technologies Incorporated showed a steady growth trajectory, with gross profit increasing from $906 million in 2014 to $2.4 billion in 2023, marking a 169% rise. Notably, data for 2024 is missing, leaving room for speculation on future performance. These trends highlight the dynamic nature of the tech industry and the importance of strategic financial management.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025