EBITDA Metrics Evaluated: Fastenal Company vs Avery Dennison Corporation

A Tale of Two Giants: Fastenal vs. Avery Dennison

In the competitive landscape of industrial and manufacturing sectors, Fastenal Company and Avery Dennison Corporation have been pivotal players. Over the past decade, Fastenal has consistently outperformed Avery Dennison in EBITDA, showcasing a robust growth trajectory. From 2014 to 2023, Fastenal's EBITDA surged by approximately 99%, peaking in 2023, while Avery Dennison saw a more modest increase of around 77% during the same period.

Fastenal's strategic expansions and operational efficiencies have contributed to its impressive financial performance, particularly in 2022 and 2023, where it recorded its highest EBITDA figures. Meanwhile, Avery Dennison experienced a significant leap in 2020, with a 90% increase from the previous year, reflecting its resilience and adaptability in challenging market conditions.

As we look to the future, the absence of data for Avery Dennison in 2024 leaves room for speculation, while Fastenal's slight dip suggests potential market recalibrations.