Breaking Down Revenue Trends: Fastenal Company vs Ingersoll Rand Inc.

Fastenal vs. Ingersoll Rand: A Decade of Revenue Growth

__timestamp	Fastenal Company	Ingersoll Rand Inc.
Wednesday, January 1, 2014	3733507000	2570005000
Thursday, January 1, 2015	3869187000	2126900000
Friday, January 1, 2016	3962036000	1939436000
Sunday, January 1, 2017	4390500000	2375400000
Monday, January 1, 2018	4965100000	2689800000
Tuesday, January 1, 2019	5333700000	2451900000
Wednesday, January 1, 2020	5647300000	4910200000
Friday, January 1, 2021	6010900000	5152400000
Saturday, January 1, 2022	6980600000	5916300000
Sunday, January 1, 2023	7346700000	6876100000
Monday, January 1, 2024	7546000000	0

In pursuit of knowledge

Revenue Trends: Fastenal Company vs. Ingersoll Rand Inc.

In the competitive landscape of industrial supply and manufacturing, Fastenal Company and Ingersoll Rand Inc. have showcased intriguing revenue trajectories over the past decade. Fastenal, a leader in industrial and construction supplies, has seen its revenue grow by approximately 102% from 2014 to 2023, reflecting a robust annual growth rate. Ingersoll Rand, known for its innovative industrial solutions, experienced a significant revenue surge of around 167% during the same period, particularly notable from 2020 onwards.

Key Insights

Fastenal's Consistent Growth: Fastenal's revenue increased steadily, with a notable jump in 2022, reaching nearly 7.35 billion USD.
Ingersoll Rand's Late Surge: Ingersoll Rand's revenue saw a dramatic rise post-2020, peaking at 6.88 billion USD in 2023.
Missing Data for 2024: While Fastenal's 2024 revenue is projected, Ingersoll Rand's data remains unavailable, leaving room for speculation on future trends.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025