Gross Profit Trends Compared: Waste Management, Inc. vs Fastenal Company

Comparing Profit Growth: Waste Management vs. Fastenal

__timestampFastenal CompanyWaste Management, Inc.
Wednesday, January 1, 201418974020004994000000
Thursday, January 1, 201519489340004730000000
Friday, January 1, 201619647770005123000000
Sunday, January 1, 201721636000005464000000
Monday, January 1, 201823989000005665000000
Tuesday, January 1, 201925154000005959000000
Wednesday, January 1, 202025678000005877000000
Friday, January 1, 202127772000006820000000
Saturday, January 1, 202232158000007404000000
Sunday, January 1, 202333545000007820000000
Monday, January 1, 202434019000008680000000
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Cracking the code

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of American industry, Waste Management, Inc. and Fastenal Company stand as titans in their respective fields. Over the past decade, from 2014 to 2023, these companies have showcased remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Waste Management, Inc., a leader in environmental services, has seen its gross profit soar by approximately 57%, peaking at $7.82 billion in 2023. This growth underscores the increasing importance of sustainable waste solutions in today's eco-conscious world. Meanwhile, Fastenal Company, a key player in industrial supplies, has experienced a robust 79% increase, reaching $3.35 billion in 2023. This surge highlights the critical role of supply chain efficiency in modern manufacturing.

While 2024 data for Waste Management remains elusive, the upward trajectory of both companies is a testament to their enduring market influence.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025