Breaking Down Revenue Trends: Fastenal Company vs Southwest Airlines Co.

Fastenal vs. Southwest: A Decade of Revenue Growth

__timestampFastenal CompanySouthwest Airlines Co.
Wednesday, January 1, 2014373350700018605000000
Thursday, January 1, 2015386918700019820000000
Friday, January 1, 2016396203600020425000000
Sunday, January 1, 2017439050000021171000000
Monday, January 1, 2018496510000021965000000
Tuesday, January 1, 2019533370000022428000000
Wednesday, January 1, 202056473000009048000000
Friday, January 1, 2021601090000015790000000
Saturday, January 1, 2022698060000023814000000
Sunday, January 1, 2023734670000026091000000
Monday, January 1, 2024754600000027483000000
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Unleashing insights

Revenue Trends: Fastenal vs. Southwest Airlines

In the ever-evolving landscape of American business, Fastenal Company and Southwest Airlines Co. have carved distinct niches. Fastenal, a leader in industrial supplies, and Southwest, a major player in the airline industry, showcase intriguing revenue trajectories from 2014 to 2023.

Fastenal's Steady Climb

Fastenal's revenue has shown a consistent upward trend, growing approximately 102% over the decade. From 2014 to 2023, the company saw its revenue rise from $3.7 billion to $7.3 billion, reflecting its robust expansion strategy and market demand.

Southwest's Resilience

Southwest Airlines, despite facing a turbulent 2020 with a revenue dip to $9 billion, rebounded impressively. By 2023, its revenue soared to $26 billion, marking a 40% increase from its pre-pandemic peak in 2019. This recovery underscores Southwest's adaptability and strong market position.

Both companies exemplify resilience and growth, albeit in different sectors, offering valuable insights into strategic business management.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025