A Tale of Two Companies: Fastenal vs. Curtiss-Wright

Gross Profit Performance from 2014 to 2023

In the competitive landscape of industrial giants, Fastenal Company and Curtiss-Wright Corporation have showcased distinct trajectories in gross profit over the past decade. Fastenal, a leader in the distribution of industrial and construction supplies, has seen its gross profit soar by approximately 77% from 2014 to 2023, reaching a peak of $3.35 billion in 2023. This growth reflects Fastenal's strategic expansion and robust market demand.

Conversely, Curtiss-Wright, a diversified industrial company, experienced a more modest increase of around 37% in the same period, culminating in a gross profit of $1.07 billion in 2023. This steady growth underscores Curtiss-Wright's resilience and adaptability in a fluctuating market.

While Fastenal's data extends into 2024, Curtiss-Wright's figures for that year remain elusive, leaving room for speculation on future performance.