Gross Profit Comparison: Fastenal Company and Comfort Systems USA, Inc. Trends

A Decade of Growth: Fastenal Company vs. Comfort Systems USA, Inc.

In the ever-evolving landscape of industrial and construction services, Fastenal Company and Comfort Systems USA, Inc. have demonstrated remarkable growth over the past decade. From 2014 to 2023, Fastenal's gross profit surged by approximately 77%, reaching a peak of $3.35 billion in 2023. Comfort Systems USA, Inc. also showcased impressive growth, with its gross profit nearly quadrupling, from $250 million in 2014 to $990 million in 2023.

Key Insights

• Fastenal's Consistency: Fastenal maintained a steady upward trajectory, with an average annual growth rate of around 6%.
• Comfort Systems' Acceleration: Comfort Systems USA, Inc. experienced a significant acceleration, particularly post-2020, with a 45% increase from 2021 to 2023.

While Fastenal's growth was consistent, Comfort Systems USA, Inc. showed a more dynamic increase, highlighting its expanding market presence. The data for 2024 is incomplete, indicating potential for further analysis.