Trane Technologies plc vs Expeditors International of Washington, Inc.: A Gross Profit Performance Breakdown

Comparing Gross Profit Trends: Trane vs Expeditors

__timestampExpeditors International of Washington, Inc.Trane Technologies plc
Wednesday, January 1, 20147639960003908600000
Thursday, January 1, 20158957840003999100000
Friday, January 1, 20168507930004179600000
Sunday, January 1, 20178830270004386000000
Monday, January 1, 201810202820004820600000
Tuesday, January 1, 20199970210005147400000
Wednesday, January 1, 202011627650003803400000
Friday, January 1, 202121654120004469600000
Saturday, January 1, 202221711300004964800000
Sunday, January 1, 202312454760005857200000
Monday, January 1, 2024106005150007080500000
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Unlocking the unknown

Gross Profit Performance: Trane Technologies vs Expeditors International

In the competitive landscape of global business, understanding financial performance is crucial. This analysis delves into the gross profit trends of Trane Technologies plc and Expeditors International of Washington, Inc. from 2014 to 2023. Over this period, Trane Technologies consistently outperformed Expeditors International, with an average gross profit nearly four times higher. Notably, Trane Technologies saw a significant increase of approximately 50% from 2014 to 2023, peaking in 2023 with a gross profit of $5.86 billion. Meanwhile, Expeditors International experienced a more volatile journey, with a notable spike in 2021 and 2022, reaching over $2.17 billion, before dropping to $1.25 billion in 2023. This fluctuation highlights the dynamic nature of the logistics industry compared to the more stable growth in the industrial sector. Such insights are invaluable for investors and stakeholders aiming to make informed decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025