Professional EBITDA Benchmarking: Fastenal Company vs Quanta Services, Inc.

Professional EBITDA Benchmarking: Fastenal vs. Quanta Services

In the competitive landscape of industrial services, Fastenal Company and Quanta Services, Inc. have shown remarkable growth in their EBITDA over the past decade. Fastenal, a leader in industrial supplies, has seen its EBITDA grow by approximately 99% from 2014 to 2023, peaking at $1.71 billion in 2023. Meanwhile, Quanta Services, a key player in infrastructure solutions, experienced an impressive 163% increase in EBITDA, reaching $1.77 billion in the same year.

A Decade of Growth

From 2014 to 2023, both companies have demonstrated resilience and adaptability. Fastenal's steady growth reflects its strategic expansion and operational efficiency, while Quanta's surge highlights its successful ventures in renewable energy and infrastructure projects. Notably, 2023 marked a significant milestone as Quanta surpassed Fastenal in EBITDA, showcasing its dynamic growth trajectory.

Looking Ahead

As we move into 2024, Fastenal's data is incomplete, leaving room for speculation on its future performance. However, the trends suggest a continued rivalry between these industry giants, each poised to capitalize on emerging market opportunities.