Who Generates Higher Gross Profit? Waste Management, Inc. or Westinghouse Air Brake Technologies Corporation

Waste Management leads in gross profit over Westinghouse Air Brake.

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Unlocking the unknown

Who Leads in Gross Profit: Waste Management or Westinghouse Air Brake Technologies?

In the ever-evolving landscape of industrial giants, Waste Management, Inc. and Westinghouse Air Brake Technologies Corporation have been pivotal players. Over the past decade, Waste Management has consistently outperformed its counterpart in terms of gross profit. From 2014 to 2023, Waste Management's gross profit surged by approximately 57%, peaking at $7.82 billion in 2023. In contrast, Westinghouse Air Brake Technologies saw a more modest growth of around 223%, reaching $2.94 billion in the same year.

This trend highlights Waste Management's robust business model and its ability to capitalize on the growing demand for sustainable waste solutions. Meanwhile, Westinghouse Air Brake Technologies, while showing significant growth, still trails behind in absolute terms. As the world shifts towards more sustainable practices, these figures underscore the importance of strategic positioning in the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025