Fastenal Company vs Snap-on Incorporated: In-Depth EBITDA Performance Comparison

A Decade of EBITDA Growth: Fastenal vs. Snap-on

In the competitive landscape of industrial supply, Fastenal Company and Snap-on Incorporated have showcased remarkable EBITDA growth over the past decade. Fastenal, a leader in the distribution of industrial and construction supplies, has seen its EBITDA grow by approximately 99% from 2014 to 2023. Meanwhile, Snap-on, renowned for its high-quality tools and equipment, has experienced a 93% increase in the same period.

Key Insights

Fastenal's EBITDA surged from around $860 million in 2014 to over $1.7 billion in 2023, reflecting its strategic expansion and operational efficiency. Snap-on, despite a slight dip in 2020, rebounded strongly, reaching nearly $1.5 billion by 2023. Notably, data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. This comparison underscores the resilience and adaptability of these industry giants in navigating economic challenges and capitalizing on growth opportunities.