Fastenal Company or Pentair plc: Who Leads in Yearly Revenue?

Fastenal vs. Pentair: A Revenue Showdown

In the competitive landscape of industrial and commercial supplies, Fastenal Company and Pentair plc have been key players. Over the past decade, Fastenal has consistently outpaced Pentair in annual revenue growth. Starting in 2014, Pentair led with a revenue of approximately $7 billion, but Fastenal quickly closed the gap. By 2023, Fastenal's revenue surged to nearly $7.35 billion, marking a remarkable 97% increase from its 2014 figures. In contrast, Pentair's revenue saw a decline, dropping to around $4.1 billion in 2023, a 42% decrease from its peak in 2014. This shift highlights Fastenal's robust growth strategy and market adaptability. The data for 2024 is incomplete, but Fastenal's upward trend suggests continued dominance. As the industrial sector evolves, Fastenal's trajectory offers valuable insights into successful revenue strategies.