Professional EBITDA Benchmarking: Fastenal Company vs Hubbell Incorporated

Professional EBITDA Benchmarking: Fastenal vs. Hubbell

In the competitive landscape of industrial supply and electrical products, Fastenal Company and Hubbell Incorporated have been key players. Over the past decade, Fastenal has consistently outperformed Hubbell in terms of EBITDA, showcasing a robust growth trajectory. From 2014 to 2023, Fastenal's EBITDA surged by approximately 99%, peaking in 2023. In contrast, Hubbell's EBITDA grew by about 97% over the same period, with a notable spike in 2023. This growth reflects Fastenal's strategic expansion and operational efficiency, while Hubbell's recent gains highlight its resilience and market adaptation. However, data for 2024 is incomplete, indicating potential volatility or strategic shifts. As the industrial sector evolves, these companies' financial health will be pivotal in shaping their future market positions.