A Professional Review of EBITDA: Fastenal Company Compared to Allegion plc

A Comparative Analysis of EBITDA Growth: Fastenal vs. Allegion

In the competitive landscape of industrial and security solutions, Fastenal Company and Allegion plc have shown distinct EBITDA trajectories over the past decade. Fastenal, a leader in industrial supplies, has consistently outperformed Allegion, a key player in security products, with an average EBITDA nearly double that of Allegion. From 2014 to 2023, Fastenal's EBITDA surged by approximately 99%, peaking in 2023, while Allegion's EBITDA grew by about 124%, albeit from a smaller base. Notably, Fastenal's EBITDA reached its zenith in 2023, marking a 98% increase from 2014, whereas Allegion's EBITDA saw a significant rise of 124% over the same period. However, 2024 data for Allegion remains elusive, leaving room for speculation on its future performance. This analysis underscores the dynamic growth patterns and strategic positioning of these industry giants.