A Side-by-Side Analysis of EBITDA: Cummins Inc. and Fastenal Company

A Comparative Analysis of EBITDA: Cummins Inc. vs. Fastenal Company

In the ever-evolving landscape of industrial giants, Cummins Inc. and Fastenal Company have consistently demonstrated their financial prowess. Over the past decade, Cummins Inc. has shown a robust EBITDA growth, peaking in 2022 with a remarkable 52% increase from its 2014 figures. Fastenal Company, on the other hand, has steadily climbed the ladder, achieving a 99% growth in EBITDA by 2023 compared to 2014. This side-by-side analysis reveals that while Cummins Inc. experienced fluctuations, Fastenal Company maintained a more consistent upward trajectory. Notably, 2023 marked a significant year for Fastenal, surpassing Cummins in EBITDA growth rate. However, Cummins still leads in absolute EBITDA values. The data for 2024 is incomplete, leaving room for speculation on future trends. This analysis underscores the dynamic nature of the industrial sector and the strategic maneuvers of these two titans.