Who Generates Higher Gross Profit? Trane Technologies plc or Builders FirstSource, Inc.

Trane vs. Builders: A Decade of Profit Rivalry

__timestampBuilders FirstSource, Inc.Trane Technologies plc
Wednesday, January 1, 20143569970003908600000
Thursday, January 1, 20159014580003999100000
Friday, January 1, 201615967480004179600000
Sunday, January 1, 201717273910004386000000
Monday, January 1, 201819229400004820600000
Tuesday, January 1, 201919768290005147400000
Wednesday, January 1, 202022225840003803400000
Friday, January 1, 202158509560004469600000
Saturday, January 1, 202277443790004964800000
Sunday, January 1, 202360123340005857200000
Monday, January 1, 20247080500000
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Unlocking the unknown

A Tale of Two Giants: Trane Technologies vs. Builders FirstSource

In the competitive landscape of industrial giants, Trane Technologies plc and Builders FirstSource, Inc. have been vying for dominance in gross profit generation over the past decade. From 2014 to 2023, Trane Technologies consistently outperformed Builders FirstSource, with an average gross profit of approximately $4.55 billion annually. However, the narrative took a dramatic turn in 2021 when Builders FirstSource surged ahead, achieving a remarkable 32% increase in gross profit compared to the previous year, reaching $5.85 billion. This upward trajectory continued into 2022, peaking at $7.74 billion, a staggering 60% increase from 2020. Meanwhile, Trane Technologies maintained steady growth, culminating in a gross profit of $5.86 billion in 2023. This data highlights the dynamic shifts in market leadership and underscores the resilience and strategic prowess of these industry titans.

Key Insight: Builders FirstSource's meteoric rise in 2021 reshaped the competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025