Who Generates Higher Gross Profit? Fastenal Company or EMCOR Group, Inc.

Fastenal vs. EMCOR: A Decade of Gross Profit Trends

In the competitive landscape of industrial and construction services, Fastenal Company and EMCOR Group, Inc. have been key players. Over the past decade, Fastenal has consistently outperformed EMCOR in terms of gross profit. From 2014 to 2023, Fastenal's gross profit grew by approximately 77%, peaking at $3.35 billion in 2023. In contrast, EMCOR's gross profit increased by about 130% during the same period, reaching $2.09 billion in 2023. Despite EMCOR's impressive growth rate, Fastenal's larger base has kept it ahead in absolute terms.

The data reveals a consistent upward trend for both companies, with Fastenal maintaining a lead each year. Notably, Fastenal's gross profit in 2023 was about 60% higher than EMCOR's. However, the data for 2024 is incomplete, with EMCOR's figures missing, leaving room for speculation on future performance.