Fastenal Company or Elbit Systems Ltd.: Who Leads in Yearly Revenue?

Fastenal vs. Elbit Systems: A Revenue Showdown

In the competitive landscape of global business, revenue is a key indicator of success. Fastenal Company, a leader in industrial supplies, and Elbit Systems Ltd., a prominent defense electronics company, have been vying for the top spot in yearly revenue since 2014. Over the past decade, Fastenal has consistently outperformed Elbit Systems, with a revenue increase of approximately 97% from 2014 to 2023. In contrast, Elbit Systems saw a growth of about 102% during the same period. Notably, Fastenal's revenue peaked at $7.35 billion in 2023, while Elbit Systems reached $5.97 billion. The data highlights Fastenal's steady climb, with a 25% higher revenue than Elbit Systems in 2023. As we look to the future, the absence of 2024 data for Elbit Systems leaves room for speculation on whether they can close the gap.