Key Insights on Gross Profit: Westinghouse Air Brake Technologies Corporation vs IDEX Corporation

Industrial Giants: A Decade of Gross Profit Growth

__timestampIDEX CorporationWestinghouse Air Brake Technologies Corporation
Wednesday, January 1, 2014949315000913534000
Thursday, January 1, 20159043150001026153000
Friday, January 1, 2016930767000901541000
Sunday, January 1, 201710266780001040597000
Monday, January 1, 201811178950001211731000
Tuesday, January 1, 201911250340002077600000
Wednesday, January 1, 202010274240001898700000
Friday, January 1, 202112245000002135000000
Saturday, January 1, 202214269000002292000000
Sunday, January 1, 202314485000002944000000
Monday, January 1, 202414548000003366000000
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In pursuit of knowledge

A Decade of Gross Profit Growth: Westinghouse Air Brake Technologies vs. IDEX Corporation

In the competitive landscape of industrial technology, Westinghouse Air Brake Technologies Corporation and IDEX Corporation have demonstrated remarkable financial trajectories over the past decade. From 2014 to 2023, Westinghouse Air Brake Technologies saw its gross profit soar by approximately 222%, peaking at nearly $2.94 billion in 2023. This growth underscores the company's strategic advancements and market adaptability.

Conversely, IDEX Corporation, while maintaining a steady upward trend, achieved a gross profit increase of about 52% over the same period, reaching $1.45 billion in 2023. This consistent growth reflects IDEX's robust business model and its ability to navigate economic fluctuations.

The data highlights a compelling narrative of industrial resilience and innovation, with Westinghouse Air Brake Technologies outpacing IDEX in gross profit growth. As these corporations continue to evolve, their financial performance remains a testament to their industry leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025