Cost Insights: Breaking Down Fastenal Company and Clean Harbors, Inc.'s Expenses

Cost Insights: A Comparative Analysis of Fastenal Company and Clean Harbors, Inc.

In the ever-evolving landscape of industrial services and distribution, understanding cost dynamics is crucial. Fastenal Company and Clean Harbors, Inc. have been pivotal players in their respective sectors. Over the past decade, Fastenal's cost of revenue has surged by approximately 126%, reflecting its robust growth trajectory. In contrast, Clean Harbors, Inc. has seen a 54% increase, indicating steady expansion.

Key Trends and Insights

From 2014 to 2023, Fastenal consistently outpaced Clean Harbors in cost of revenue, peaking in 2023 with a 4% increase from the previous year. Clean Harbors, however, experienced a significant 6% rise in 2023, marking its highest cost of revenue in the decade. Notably, 2024 data for Clean Harbors is unavailable, suggesting potential shifts or reporting delays. These trends underscore the dynamic nature of cost management in industrial sectors, offering valuable insights for investors and industry analysts.