| __timestamp | 3M Company | TransDigm Group Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 15374000000 | 1267874000 |
| Thursday, January 1, 2015 | 14891000000 | 1449845000 |
| Friday, January 1, 2016 | 15069000000 | 1728063000 |
| Sunday, January 1, 2017 | 15656000000 | 1984627000 |
| Monday, January 1, 2018 | 16083000000 | 2177510000 |
| Tuesday, January 1, 2019 | 15000000000 | 2809271000 |
| Wednesday, January 1, 2020 | 15579000000 | 2647000000 |
| Friday, January 1, 2021 | 16560000000 | 2513000000 |
| Saturday, January 1, 2022 | 14997000000 | 3099000000 |
| Sunday, January 1, 2023 | 14204000000 | 3842000000 |
| Monday, January 1, 2024 | 10128000000 | 4672000000 |
Unleashing insights
In the competitive landscape of industrial giants, 3M Company and TransDigm Group Incorporated have been vying for supremacy in gross profit generation over the past decade. From 2014 to 2024, 3M consistently outperformed TransDigm, boasting an average gross profit nearly six times higher. However, the gap has been narrowing. In 2014, 3M's gross profit was over 12 times that of TransDigm, but by 2023, this ratio had shrunk to just under four times. Notably, TransDigm's gross profit surged by approximately 270% from 2014 to 2024, while 3M experienced a decline of about 34% in the same period. This shift highlights TransDigm's aggressive growth strategy and 3M's challenges in maintaining its historical dominance. As we look to the future, the question remains: will TransDigm continue its upward trajectory, or will 3M reclaim its lead?
