Who Generates Higher Gross Profit? International Business Machines Corporation or Corpay, Inc.

IBM vs. Corpay: A Decade of Gross Profit Insights

__timestampCorpay, Inc.International Business Machines Corporation
Wednesday, January 1, 201492979900046407000000
Thursday, January 1, 2015126353500040684000000
Friday, January 1, 2016120958100038516000000
Sunday, January 1, 2017149320100036943000000
Monday, January 1, 2018174090800036936000000
Tuesday, January 1, 2019192280400031533000000
Wednesday, January 1, 2020179249200030865000000
Friday, January 1, 2021227391700031486000000
Saturday, January 1, 2022266242200032687000000
Sunday, January 1, 2023293781100034300000000
Monday, January 1, 2024397458900035551000000
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Infusing magic into the data realm

A Tale of Two Giants: IBM vs. Corpay

In the ever-evolving landscape of global business, the battle for supremacy in gross profit generation is a captivating narrative. From 2014 to 2023, International Business Machines Corporation (IBM) consistently outperformed Corpay, Inc. in terms of gross profit. IBM's gross profit peaked in 2014 at approximately $46 billion, while Corpay's highest was around $2.9 billion in 2023. Despite Corpay's impressive growth, with a 216% increase over the decade, IBM's figures remained significantly higher, albeit with a 26% decline from its peak. This data highlights IBM's enduring dominance in the tech industry, while Corpay's growth trajectory showcases its potential in the financial services sector. As we look to the future, the absence of Corpay's 2024 data leaves room for speculation on whether it can continue its upward trend.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025