Harbor Freight Tools | Company Overview & News (2024)

From the Editor: Notable and Noteworthy

In 1977, when Harbor Freight Tools was started as a small family-owned business, they made a commitment to provide working people with great quality tools at the lowest prices. And for over 45 years, Harbor Freight Tools has done just that. With more than 1350 stores across the country and growing, they offer more than 7,000 tools and accessories at quality levels that match or exceed competing brands, but at prices that are up to 80% less, from hand tools and generators, to air and power tools, from shop equipment to automotive tools, Harbor Freight offers they're not your typical retailer. Th... Read More

In 1977, when Harbor Freight Tools was started as a small family-owned business, they made a commitment to provide working people with great quality tools at the lowest prices. And for over 45 years, Harbor Freight Tools has done just that. With more than 1350 stores across the country and growing, they offer more than 7,000 tools and accessories at quality levels that match or exceed competing brands, but at prices that are up to 80% less, from hand tools and generators, to air and power tools, from shop equipment to automotive tools, Harbor Freight offers they're not your typical retailer. They're a team of high-achievers, who have a passion for excellence and continuous improvement and obsess about getting things done. They're also equally committed to doing the right thing and giving back to their community. And for them, collaboration is the golden rule. Read Less

Harbor Freight Tools Company Stats

As of February 2024

Industry
Retail and Wholesale
Founded
1977
Headquarters
Calabasas, California
Country/Territory
United States
President and CEO
Eric Smidt
Employees
35,700

Forbes Lists

#409

America's Best Large Employers (2024)

Retail and Wholesale

#86

America's Largest Private Companies (2023)

Retailing

America's Best Employers By State (2023)

Retail and Wholesale

#304

Best Employers for Women (2023)

Retail and Wholesale

#107

Best Employers for Veterans (2022)Dropped off in 2023

Retail and Wholesale

#343

Best Employers for Diversity (2021)Dropped off in 2022

Retail and Wholesale

Harbor Freight Tools Financial Summary

Revenue

$6.5B

Sources

FactSet; Forbes.

Revenue

$6.8B

Sources

FactSet; Forbes.

Revenue

$5.1B

Sources

FactSet; Forbes.

Revenue

$5B

Sources

FactSet; Forbes.

Related People & Companies

Eric Smidt

Company Stakeholder

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L Brands

Related by Industry: Retail and Wholesale

View Profile

Los Angeles, CA

Located in Los Angeles-Long Beach-Glendale, CA Metropolitan Division Metropolitan Area

View Profile

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Harbor Freight Tools | Company Overview & News (2024)
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