A Tale of Two Companies: Gross Profit Showdown

In the competitive landscape of technology, Analog Devices, Inc. and PTC Inc. have been vying for supremacy in gross profit generation since 2014. Over the past decade, Analog Devices has consistently outperformed PTC, boasting an average gross profit nearly four times higher. In 2023, Analog Devices reached a peak, generating approximately 78% more gross profit than PTC. This trend highlights Analog Devices' robust growth strategy and market positioning.

Yearly Trends and Insights

From 2014 to 2023, Analog Devices' gross profit surged by over 330%, while PTC's increased by about 68%. Notably, 2022 marked a significant leap for Analog Devices, with a 66% rise from the previous year, underscoring its strategic advancements. Meanwhile, PTC's steady growth reflects its resilience and potential for future expansion. As we look to 2024, the data suggests a promising trajectory for both companies, with Analog Devices maintaining its lead.