Who Generates Higher Gross Profit? Xylem Inc. or Avery Dennison Corporation

Xylem Inc. overtakes Avery Dennison in gross profit by 2023.

__timestampAvery Dennison CorporationXylem Inc.
Wednesday, January 1, 201416512000001513000000
Thursday, January 1, 201516458000001404000000
Friday, January 1, 201616997000001461000000
Sunday, January 1, 201718122000001851000000
Monday, January 1, 201819155000002026000000
Tuesday, January 1, 201919041000002046000000
Wednesday, January 1, 202019233000001830000000
Friday, January 1, 202123128000001975000000
Saturday, January 1, 202224042000002084000000
Sunday, January 1, 202322774999992717000000
Monday, January 1, 20242530700000
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Unleashing insights

A Tale of Two Giants: Xylem Inc. vs. Avery Dennison Corporation

In the ever-evolving landscape of industrial giants, Xylem Inc. and Avery Dennison Corporation have been pivotal players. Over the past decade, these companies have showcased their prowess in generating substantial gross profits. From 2014 to 2023, Avery Dennison consistently maintained a stronghold, with an average gross profit of approximately $1.95 billion annually. However, Xylem Inc. has been a formidable contender, especially in recent years. By 2023, Xylem's gross profit surged to $2.72 billion, surpassing Avery Dennison's $2.28 billion. This marks a significant shift, as Xylem's profits grew by nearly 44% from 2014, while Avery Dennison's increased by 38%. This data not only highlights the competitive nature of these corporations but also underscores the dynamic shifts in market leadership. As we look to the future, the question remains: who will continue to lead in this financial duel?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025