Analyzing Cost of Revenue: Fastenal Company and ZTO Express (Cayman) Inc.

Analyzing Cost of Revenue: Fastenal vs. ZTO Express

In the ever-evolving landscape of global commerce, understanding the cost of revenue is crucial for businesses aiming to optimize their financial strategies. This analysis delves into the cost of revenue trends for Fastenal Company and ZTO Express (Cayman) Inc. from 2014 to 2023.

Fastenal, a leader in industrial supplies, has seen a steady increase in its cost of revenue, growing approximately 126% over the decade. This reflects its expanding operations and market reach. In contrast, ZTO Express, a major player in the logistics sector, experienced a staggering 866% rise in cost of revenue from 2014 to 2022, underscoring its rapid growth in the booming e-commerce market.

While Fastenal's cost of revenue peaked in 2024, ZTO's data for 2024 remains unavailable, hinting at potential shifts in the logistics landscape. These insights offer a glimpse into the financial dynamics shaping these industry giants.