Revenue Insights: Ingersoll Rand Inc. and Westinghouse Air Brake Technologies Corporation Performance Compared

Industrial Giants' Revenue Growth: 2014-2023

__timestampIngersoll Rand Inc.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 201425700050003044454000
Thursday, January 1, 201521269000003307998000
Friday, January 1, 201619394360002931188000
Sunday, January 1, 201723754000003881756000
Monday, January 1, 201826898000004363547000
Tuesday, January 1, 201924519000008200000000
Wednesday, January 1, 202049102000007556100000
Friday, January 1, 202151524000007822000000
Saturday, January 1, 202259163000008362000000
Sunday, January 1, 202368761000009677000000
Monday, January 1, 2024010387000000
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Unleashing insights

Revenue Growth: A Tale of Two Industrial Giants

Ingersoll Rand Inc. and Westinghouse Air Brake Technologies Corporation have been pivotal players in the industrial sector. Over the past decade, their revenue trajectories reveal fascinating insights into their market strategies and resilience. From 2014 to 2023, Ingersoll Rand's revenue surged by approximately 167%, reflecting a robust growth strategy and market adaptation. Meanwhile, Westinghouse Air Brake Technologies Corporation demonstrated a steady climb, with a 218% increase in revenue, showcasing its dominance in the transportation sector.

Key Insights

  • Ingersoll Rand Inc.: Witnessed a significant leap in 2020, with revenues jumping by 100% compared to the previous year, indicating strategic acquisitions or market expansion.
  • Westinghouse Air Brake Technologies Corporation: Maintained a consistent upward trend, peaking in 2023 with a 9% increase from 2022, underscoring its stronghold in the industry.

These trends highlight the dynamic nature of the industrial sector and the strategic maneuvers by these corporations to maintain their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025