EBITDA Performance Review: Fastenal Company vs Clean Harbors, Inc.

EBITDA Performance: A Tale of Two Companies

In the competitive landscape of industrial services and distribution, Fastenal Company and Clean Harbors, Inc. have showcased intriguing EBITDA trends over the past decade. Fastenal, a leader in industrial supplies, has consistently outperformed Clean Harbors, a prominent environmental services provider, with an average EBITDA nearly double that of its counterpart. From 2014 to 2023, Fastenal's EBITDA grew by approximately 99%, peaking in 2023, while Clean Harbors saw a 152% increase, reaching its zenith in 2022. This growth trajectory highlights Fastenal's robust operational efficiency and market strategy, despite a slight dip in 2024 projections. Meanwhile, Clean Harbors' impressive 2022 performance underscores its resilience and adaptability in a dynamic market. As we look to the future, these trends offer valuable insights into the strategic maneuvers of these industry giants.