Watsco, Inc. vs CNH Industrial N.V.: A Gross Profit Performance Breakdown

A Tale of Two Giants: Watsco, Inc. vs CNH Industrial N.V.

In the competitive landscape of industrial and HVAC sectors, Watsco, Inc. and CNH Industrial N.V. have showcased intriguing trends in gross profit over the past decade. From 2014 to 2023, CNH Industrial N.V. consistently outperformed Watsco, Inc. in terms of gross profit, with an average of approximately 6.35 billion USD annually. However, Watsco, Inc. demonstrated a remarkable growth trajectory, increasing its gross profit by over 100% from 2014 to 2023.

Key Insights

• 2014-2016: CNH Industrial N.V. experienced a decline in gross profit, dropping by nearly 24% by 2016, while Watsco, Inc. saw a steady increase of around 8%.
• 2020-2023: Despite a dip in 2020, CNH Industrial N.V. rebounded strongly, achieving its highest gross profit in 2023. Meanwhile, Watsco, Inc. nearly doubled its gross profit from 2020 to 2023, highlighting its robust growth strategy.

This analysis underscores the dynamic nature of these industries and the strategic maneuvers by these companies to maintain and enhance their market positions.