A Side-by-Side Analysis of EBITDA: Deere & Company and Fastenal Company

A Decade of EBITDA Growth: Deere & Company vs. Fastenal Company

In the ever-evolving landscape of industrial giants, Deere & Company and Fastenal Company have showcased remarkable financial trajectories over the past decade. From 2014 to 2024, Deere & Company has seen its EBITDA grow by an impressive 146%, reflecting its robust market strategies and innovation in agricultural machinery. In contrast, Fastenal Company, a leader in industrial supplies, has experienced a steady 76% increase in EBITDA, underscoring its resilience and adaptability in a competitive market.

By 2023, Deere & Company achieved an EBITDA of approximately $17 billion, a testament to its strategic expansions and technological advancements. Meanwhile, Fastenal Company reached around $1.7 billion, highlighting its consistent growth in the industrial sector. This side-by-side analysis not only illustrates the financial health of these companies but also offers insights into their strategic directions and market positions.