Key Insights on Gross Profit: Fastenal Company vs Masco Corporation

Fastenal vs. Masco: A Decade of Profit Growth

__timestampFastenal CompanyMasco Corporation
Wednesday, January 1, 201418974020002387000000
Thursday, January 1, 201519489340002253000000
Friday, January 1, 201619647770002456000000
Sunday, January 1, 201721636000002611000000
Monday, January 1, 201823989000002689000000
Tuesday, January 1, 201925154000002371000000
Wednesday, January 1, 202025678000002587000000
Friday, January 1, 202127772000002863000000
Saturday, January 1, 202232158000002713000000
Sunday, January 1, 202333545000002836000000
Monday, January 1, 202434019000002831000000
Loading chart...

Unveiling the hidden dimensions of data

A Decade of Gross Profit Trends: Fastenal vs. Masco

In the competitive landscape of industrial and home improvement sectors, Fastenal Company and Masco Corporation have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Fastenal's gross profit surged by approximately 79%, reflecting its robust growth strategy and market adaptability. In contrast, Masco Corporation experienced a more modest increase of around 19% during the same period, highlighting its steady yet less aggressive expansion.

Fastenal's gross profit consistently outpaced Masco's from 2020 onwards, peaking in 2023 with a remarkable 3.35 billion USD. Meanwhile, Masco's highest recorded gross profit was in 2021, reaching 2.86 billion USD. Notably, data for Masco in 2024 is unavailable, leaving room for speculation on its future performance.

These insights underscore the dynamic nature of these industries and the strategic maneuvers companies must employ to maintain competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025