Trane Technologies plc and Pentair plc: A Detailed Gross Profit Analysis

Trane vs. Pentair: A Decade of Gross Profit Dynamics

__timestampPentair plcTrane Technologies plc
Wednesday, January 1, 201424760000003908600000
Thursday, January 1, 201521858000003999100000
Friday, January 1, 201617941000004179600000
Sunday, January 1, 201718291000004386000000
Monday, January 1, 201810477000004820600000
Tuesday, January 1, 201910515000005147400000
Wednesday, January 1, 202010576000003803400000
Friday, January 1, 202113192000004469600000
Saturday, January 1, 202213646000004964800000
Sunday, January 1, 202315192000005857200000
Monday, January 1, 202415988000007080500000
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Unleashing the power of data

A Tale of Two Giants: Trane Technologies and Pentair's Gross Profit Journey

In the ever-evolving landscape of industrial innovation, Trane Technologies plc and Pentair plc have carved distinct paths over the past decade. From 2014 to 2023, Trane Technologies consistently outperformed Pentair in gross profit, showcasing a robust growth trajectory. In 2014, Trane's gross profit was approximately 58% higher than Pentair's, a trend that continued with Trane reaching a peak in 2023, boasting a gross profit nearly 286% greater than Pentair's.

Pentair, while experiencing fluctuations, demonstrated resilience with a notable recovery post-2020, increasing its gross profit by about 44% from 2020 to 2023. This period marked a significant rebound, reflecting strategic adaptations in a challenging market. As these two industrial titans continue to innovate, their financial narratives offer valuable insights into the dynamics of global industrial markets.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025