Who Generates Higher Gross Profit? Waste Management, Inc. or 3M Company

Waste Management's Profit Growth Challenges 3M's Dominance

__timestamp3M CompanyWaste Management, Inc.
Wednesday, January 1, 2014153740000004994000000
Thursday, January 1, 2015148910000004730000000
Friday, January 1, 2016150690000005123000000
Sunday, January 1, 2017156560000005464000000
Monday, January 1, 2018160830000005665000000
Tuesday, January 1, 2019150000000005959000000
Wednesday, January 1, 2020155790000005877000000
Friday, January 1, 2021165600000006820000000
Saturday, January 1, 2022149970000007404000000
Sunday, January 1, 2023142040000007820000000
Monday, January 1, 2024101280000008680000000
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In pursuit of knowledge

A Tale of Two Giants: Waste Management vs. 3M

In the world of corporate giants, Waste Management, Inc. and 3M Company stand out as leaders in their respective industries. Over the past decade, from 2014 to 2023, these companies have showcased their prowess in generating gross profit. While 3M Company, a stalwart in the manufacturing sector, consistently outperformed Waste Management in terms of gross profit, the gap has been narrowing. In 2023, Waste Management's gross profit surged to approximately 55% of 3M's, a significant increase from 2014 when it was just about 32%. This trend highlights Waste Management's robust growth trajectory, even as 3M continues to lead. The data for 2024 remains incomplete, but the trajectory suggests a fascinating competition. As these companies evolve, their financial performances offer a compelling narrative of industrial growth and resilience.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025