Who Generates Higher Gross Profit? Waste Management, Inc. or L3Harris Technologies, Inc.

A Tale of Two Giants: Waste Management vs. L3Harris Technologies

In the ever-evolving landscape of American industry, Waste Management, Inc. and L3Harris Technologies, Inc. stand as titans in their respective fields. Over the past decade, from 2014 to 2023, these companies have showcased their prowess in generating gross profit, a key indicator of financial health and operational efficiency.

Waste Management, a leader in environmental services, consistently outperformed L3Harris Technologies, a defense and aerospace powerhouse, in terms of gross profit. By 2023, Waste Management's gross profit surged to approximately 7.82 billion, marking a remarkable 57% increase from 2014. In contrast, L3Harris Technologies saw a significant rise in its gross profit, peaking at around 5.38 billion in 2021, before slightly declining.

This comparison not only highlights the robust growth of Waste Management but also underscores the competitive nature of the industries these companies operate in. As we look to the future, the question remains: who will continue to lead in profitability?