Comparing Revenue Performance: Fastenal Company or U-Haul Holding Company?

Revenue Showdown: Fastenal vs. U-Haul

In the ever-evolving landscape of American business, Fastenal Company and U-Haul Holding Company have emerged as significant players in their respective industries. Over the past decade, Fastenal has consistently outpaced U-Haul in revenue growth. From 2014 to 2023, Fastenal's revenue surged by approximately 97%, while U-Haul's revenue increased by about 107%. However, Fastenal's revenue consistently remained higher, peaking at $7.5 billion in 2024, compared to U-Haul's $5.6 billion.

A Decade of Growth

Fastenal, a leader in industrial supplies, has seen its revenue grow steadily, reflecting its robust business model and market demand. Meanwhile, U-Haul, a household name in moving and storage, has also shown impressive growth, particularly in the last few years, with a notable 53% increase from 2014 to 2023. This comparison highlights the dynamic nature of these industries and the strategic maneuvers each company has employed to maintain their market positions.