Professional EBITDA Benchmarking: Fastenal Company vs Old Dominion Freight Line, Inc.

A Decade of EBITDA Growth: Fastenal vs. Old Dominion

In the competitive landscape of industrial and freight services, Fastenal Company and Old Dominion Freight Line, Inc. have demonstrated remarkable EBITDA growth over the past decade. Fastenal, a leader in industrial supplies, saw its EBITDA rise by approximately 98% from 2014 to 2023, peaking in 2023. Meanwhile, Old Dominion, a titan in freight logistics, experienced an impressive 237% increase in EBITDA, reaching its zenith in 2022.

Key Insights

Fastenal's steady growth reflects its robust business model and strategic market positioning. However, Old Dominion's rapid ascent underscores its agility and adaptability in the dynamic freight industry. Notably, 2024 data for Old Dominion is missing, suggesting potential market shifts or reporting delays.

Conclusion

This analysis highlights the resilience and strategic prowess of these industry giants, offering valuable insights for investors and market analysts.