Who Generates Higher Gross Profit? Global Payments Inc. or ITT Inc.

A Tale of Two Companies: Gross Profit Showdown

In the competitive landscape of the financial world, Global Payments Inc. and ITT Inc. have been vying for supremacy in gross profit generation since 2014. Over the past decade, Global Payments Inc. has consistently outperformed ITT Inc., showcasing a remarkable growth trajectory. By 2023, Global Payments Inc. achieved a gross profit nearly six times that of ITT Inc., highlighting its dominant market position. This impressive growth is evident as Global Payments Inc.'s gross profit surged from approximately $1.75 billion in 2014 to nearly $5.93 billion in 2023, marking a staggering 239% increase. In contrast, ITT Inc. experienced a more modest growth, with its gross profit rising from around $866 million to $1.11 billion over the same period. This data underscores the dynamic shifts in the financial sector and the strategic prowess of Global Payments Inc. in capitalizing on market opportunities.