Gross Profit Comparison: Fastenal Company and Stanley Black & Decker, Inc. Trends

Fastenal's Growth Outpaces Stanley Black & Decker's Decline

__timestampFastenal CompanyStanley Black & Decker, Inc.
Wednesday, January 1, 201418974020004102700000
Thursday, January 1, 201519489340004072000000
Friday, January 1, 201619647770004267200000
Sunday, January 1, 201721636000004778000000
Monday, January 1, 201823989000004901900000
Tuesday, January 1, 201925154000004805500000
Wednesday, January 1, 202025678000004967900000
Friday, January 1, 202127772000005194200000
Saturday, January 1, 202232158000004284100000
Sunday, January 1, 202333545000004098000000
Monday, January 1, 202434019000004514400000
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Unlocking the unknown

A Tale of Two Giants: Fastenal vs. Stanley Black & Decker

In the ever-evolving landscape of industrial supply and tools, Fastenal Company and Stanley Black & Decker, Inc. have been pivotal players. Over the past decade, Fastenal has seen a remarkable 79% increase in gross profit, rising from approximately $1.9 billion in 2014 to an impressive $3.4 billion in 2024. Meanwhile, Stanley Black & Decker's gross profit peaked in 2021 at around $5.2 billion, before experiencing a decline to $4.1 billion by 2023.

This trend highlights Fastenal's consistent growth trajectory, even as Stanley Black & Decker faced challenges in recent years. The data suggests a shift in market dynamics, with Fastenal capitalizing on its strategic initiatives. As we look to the future, the absence of data for Stanley Black & Decker in 2024 leaves room for speculation on its recovery strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025