Who Generates Higher Gross Profit? Automatic Data Processing, Inc. or Curtiss-Wright Corporation

ADP vs. Curtiss-Wright: A Decade of Gross Profit Growth

__timestampAutomatic Data Processing, Inc.Curtiss-Wright Corporation
Wednesday, January 1, 20144611400000776516000
Thursday, January 1, 20154133200000783255000
Friday, January 1, 20164450200000750483000
Sunday, January 1, 20174712600000818595000
Monday, January 1, 20185016700000871261000
Tuesday, January 1, 20195526700000898745000
Wednesday, January 1, 20206144700000841227000
Friday, January 1, 20216365100000933356000
Saturday, January 1, 20227036400000954609000
Sunday, January 1, 202380588000001067178000
Monday, January 1, 202487259000001153549000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Gross Profit Comparison

In the world of corporate finance, understanding which companies generate higher gross profits can offer valuable insights into their operational efficiency and market dominance. Over the past decade, Automatic Data Processing, Inc. (ADP) has consistently outperformed Curtiss-Wright Corporation in terms of gross profit. From 2014 to 2023, ADP's gross profit surged by approximately 89%, peaking at an impressive $8.7 billion in 2023. In contrast, Curtiss-Wright's growth was more modest, with a 37% increase, reaching just over $1 billion in the same year.

This stark difference highlights ADP's robust business model and market strategy, which has allowed it to maintain a significant lead. However, it's worth noting that data for 2024 is incomplete, leaving room for future developments. As investors and analysts look to the future, these trends provide a crucial lens through which to assess potential investment opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025