Who Generates Higher Gross Profit? Waste Connections, Inc. or Stanley Black & Decker, Inc.

Waste Connections' Rapid Growth Challenges Stanley Black & Decker

__timestampStanley Black & Decker, Inc.Waste Connections, Inc.
Wednesday, January 1, 20144102700000940778000
Thursday, January 1, 20154072000000939878000
Friday, January 1, 201642672000001418151000
Sunday, January 1, 201747780000001925713000
Monday, January 1, 201849019000002057237000
Tuesday, January 1, 201948055000002189922000
Wednesday, January 1, 202049679000002169182000
Friday, January 1, 202151942000002497287000
Saturday, January 1, 202242841000002875847000
Sunday, January 1, 202340980000003277438000
Monday, January 1, 202445144000003727885000
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Igniting the spark of knowledge

A Tale of Two Giants: Waste Connections vs. Stanley Black & Decker

In the world of corporate finance, gross profit is a key indicator of a company's financial health. Over the past decade, Stanley Black & Decker, Inc. has consistently outperformed Waste Connections, Inc. in terms of gross profit. However, the gap has been narrowing. In 2014, Stanley Black & Decker's gross profit was more than four times that of Waste Connections. Fast forward to 2023, and Waste Connections has closed the gap significantly, achieving a gross profit that is approximately 80% of Stanley Black & Decker's.

This shift highlights Waste Connections' impressive growth trajectory, with a compound annual growth rate in gross profit of around 15% compared to Stanley Black & Decker's 1%. As Waste Connections continues to expand its market presence, the competition between these two industry leaders is set to intensify, offering intriguing insights for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025