Key Insights on Gross Profit: Trane Technologies plc vs XPO Logistics, Inc.

Trane Technologies' steady growth vs. XPO's volatile profits.

__timestampTrane Technologies plcXPO Logistics, Inc.
Wednesday, January 1, 20143908600000381600000
Thursday, January 1, 201539991000001084800000
Friday, January 1, 201641796000002139300000
Sunday, January 1, 201743860000002279700000
Monday, January 1, 201848206000002541000000
Tuesday, January 1, 201951474000002666000000
Wednesday, January 1, 202038034000002563000000
Friday, January 1, 202144696000001994000000
Saturday, January 1, 202249648000001227000000
Sunday, January 1, 20235857200000770000000
Monday, January 1, 20247080500000915000000
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Unveiling the hidden dimensions of data

A Decade of Gross Profit Trends: Trane Technologies vs. XPO Logistics

In the ever-evolving landscape of industrial and logistics sectors, understanding financial performance is crucial. Over the past decade, Trane Technologies plc has consistently outperformed XPO Logistics, Inc. in terms of gross profit. From 2014 to 2023, Trane Technologies saw a remarkable growth of approximately 50%, peaking in 2023 with a gross profit of nearly $5.9 billion. In contrast, XPO Logistics experienced a more volatile journey, with its gross profit peaking in 2019 and then declining by about 71% by 2023.

This data highlights the resilience and strategic prowess of Trane Technologies in maintaining a steady upward trajectory, while XPO Logistics faces challenges in sustaining its growth. As the industrial sector continues to adapt to global changes, these insights provide a valuable perspective on the financial health and strategic direction of these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025