Fastenal Co (FAST)

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Symbol: FAST
Exchange: Nasdaq
Sector: Industrials
Industry: Industrial Distribution
Market cap: $58.24B
52 week range: 38.97 - 52.92

Valuation

Share price: $50.75 (close of 2026-10-02)
P/E (TTM): 43.01x
Price to book: 14.31x
Price to free cash flow: 50.38x
Enterprise value: $58.47B
Book value per share: $3.55

Price performance

Period	Change
1 day	+1.04%
5 days	+0.63%
1 month	+5.88%
3 months	+4.42%
6 months	+9.61%
Year to date	+26.46%
1 year	+5.36%
3 years	+85.02%
5 years	+96.40%
10 years	+386.11%

Members of Congress who disclosed FAST trades

Josh Gottheimer · Sheri Biggs

Super investors holding FAST

Mairs & Power (Mairs & Power Inc) · Ken Griffin (Citadel) · William Von Mueffling (Cantillon Capital Management LLC)

Profitability and growth

Return on equity: 31.91%
Return on invested capital: 30.64%
Return on assets: 24.90%
Return on capital employed: 38.17%
Gross margin: 45.01%
Net margin: 15.35%
EBITDA margin: 22.38%
Revenue growth: 8.67%
Net income growth: 9.37%
Free cash flow growth: 10.96%

Cash flow and balance sheet

Free cash flow yield (TTM): 1.98%
Current ratio: 4.18x
Net debt to EBITDA: 0.12x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $8.20B
Cost of revenue: $4.51B
Gross profit: $3.69B
EBITDA: $1.83B
Net income: $1.26B
Earnings per share: $1.10
Shares outstanding: 1.15B

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$8.20B	$3.69B	$1.26B	$1.10
2024-12-31	$7.55B	$3.40B	$1.15B	$1.00
2023-12-31	$7.35B	$3.35B	$1.16B	$1.01
2022-12-31	$6.98B	$3.22B	$1.09B	$0.94
2021-12-31	$6.01B	$2.78B	$925.00M	$0.81
2020-12-31	$5.65B	$2.57B	$859.10M	$0.75
2019-12-31	$5.33B	$2.52B	$790.90M	$0.69
2018-12-31	$4.97B	$2.40B	$751.90M	$0.66
2017-12-31	$4.39B	$2.16B	$578.60M	$0.50
2016-12-31	$3.96B	$1.96B	$499.40M	$0.43

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	45.01%	15.35%	31.91%	30.64%
2024-12-31	45.08%	15.25%	31.82%	29.97%
2023-12-31	45.66%	15.72%	34.49%	31.72%
2022-12-31	46.07%	15.57%	34.36%	29.46%
2021-12-31	46.20%	15.39%	30.41%	27.15%
2020-12-31	45.47%	15.21%	31.43%	27.67%
2019-12-31	47.16%	14.83%	29.67%	26.11%
2018-12-31	48.32%	15.14%	32.65%	28.99%
2017-12-31	49.28%	13.18%	27.59%	24.52%
2016-12-31	49.59%	12.60%	25.83%	22.87%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$276.80M	$100.00M
2024-12-31	$255.80M	$125.00M
2023-12-31	$221.30M	$200.00M
2022-12-31	$230.10M	$353.20M
2021-12-31	$236.20M	$330.00M
2020-12-31	$245.70M	$365.00M
2019-12-31	$174.90M	$342.00M
2018-12-31	$167.20M	$497.00M
2017-12-31	$116.90M	$412.00M
2016-12-31	$112.70M	$379.50M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$1.05B	$8.40M
2024-12-31	$946.80M	$8.00M
2023-12-31	$1.26B	$7.30M
2022-12-31	$767.20M	$7.20M
2021-12-31	$613.50M	$5.60M
2020-12-31	$933.70M	$5.70M
2019-12-31	$596.30M	$5.70M
2018-12-31	$497.90M	$5.10M
2017-12-31	$465.30M	$5.20M
2016-12-31	$330.40M	$4.10M

Dividend history

Most recent payment: 2026-07-28
Paid in the last twelve months: $0.96

Payment date	Dividend per share
2026-07-28	$0.26
2026-04-28	$0.24
2026-01-29	$0.24
2025-10-28	$0.22
2025-07-29	$0.22
2025-04-25	$0.44
2025-01-31	$0.43
2024-10-25	$0.39

Investor relations

Next earnings report

Next confirmed report: 2026-10-14
Consensus EPS estimate: $0.34

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-14	Jun/2026	$0.33
2026-04-13	Mar/2026	$0.30
2026-01-20	Dec/2025	$0.26
2025-10-13	Sep/2025	$0.30
2025-07-14	Jun/2025	$0.28
2025-04-11	Mar/2025	$0.52
2025-01-17	Dec/2024	$0.48
2024-10-11	Sep/2024	$0.52

Filings and sources

Company website: fastenal.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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