FAST · Fastenal Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $8.20B | $7.55B | $7.35B | $6.98B | $6.01B | $5.65B |
| Cost of Revenue | $4.51B | $4.14B | $3.99B | $3.76B | $3.23B | $3.08B |
| Gross Profit | $3.69B | $3.40B | $3.35B | $3.22B | $2.78B | $2.57B |
| R&D | - | - | - | - | - | - |
| SG&A | $2.04B | $1.89B | $1.83B | $1.76B | $1.56B | $1.43B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $179.20M | $175.40M | $166.60M | $165.90M | $159.90M | $153.30M |
| Operating Income | $1.66B | $1.51B | $1.53B | $1.45B | $1.22B | $1.14B |
| Interest Expense | $6.20M | $7.30M | $10.80M | $14.30M | $9.70M | $9.70M |
| Income Tax | $396.60M | $357.50M | $367.00M | $353.10M | $282.80M | $273.60M |
| Net Income | $1.26B | $1.15B | $1.16B | $1.09B | $925.00M | $859.10M |
| EPS - Basic | $1.10 | $1.00 | $1.01 | $0.94 | $0.81 | $0.75 |
| EPS - Diluted | $1.09 | $1.00 | $1.01 | $0.94 | $0.80 | $0.74 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $276.80M | $255.80M | $221.30M | $230.10M | $236.20M | $245.70M |
| Accounts Receivable | $1.25B | $1.11B | $1.09B | $1.01B | $900.20M | $769.40M |
| Inventory | $1.75B | $1.65B | $1.52B | $1.71B | $1.52B | $1.34B |
| Accounts Payable | $316.80M | $287.70M | $264.10M | $255.00M | $233.10M | $207.00M |
| Current Assets | $3.47B | $3.21B | $3.02B | $3.12B | $2.86B | $2.50B |
| Total Assets | $5.05B | $4.70B | $4.46B | $4.55B | $4.30B | $3.96B |
| Current Liabilities | $715.60M | $687.10M | $661.30M | $789.80M | $682.20M | $612.70M |
| Long-term Debt | $100.00M | $125.00M | $200.00M | $353.20M | $330.00M | $365.00M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $3.94B | $3.62B | $3.35B | $3.16B | $3.04B | $2.73B |
| Retained Earnings | $3.87B | $3.61B | $3.36B | $3.22B | $2.97B | $2.69B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.30B | $1.17B | $1.43B | $941.00M | $770.10M | $1.10B |
| Investing Cash Flow | ($231.00M) | ($214.50M) | ($161.20M) | ($163.00M) | ($148.50M) | ($281.70M) |
| Financing Cash Flow | ($1.05B) | ($913.70M) | ($1.28B) | ($774.90M) | ($627.10M) | ($754.40M) |
| CapEx | $245.30M | $226.50M | $172.80M | $173.80M | $156.60M | $168.10M |
| Free Cash Flow | $1.05B | $946.80M | $1.26B | $767.20M | $613.50M | $933.70M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 45.0% | 45.1% | 45.7% | 46.1% | 46.2% | 45.5% |
| Operating margin | 20.2% | 20.0% | 20.8% | 20.8% | 20.3% | 20.2% |
| EBITDA margin | 22.4% | 22.3% | 23.1% | 23.2% | 22.9% | 22.9% |
| Net margin | 15.3% | 15.2% | 15.7% | 15.6% | 15.4% | 15.2% |
| Free cash flow margin | 12.8% | 12.5% | 17.1% | 11.0% | 10.2% | 16.5% |
| FCF / Net income | 0.83 | 0.82 | 1.09 | 0.71 | 0.66 | 1.09 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 24.8% | 25.1% | 24.9% | 25.2% | 25.9% | 25.3% |
| Effective tax rate | 24.0% | 23.7% | 24.1% | 24.5% | 23.4% | 24.2% |
| Return on assets | 24.9% | 24.5% | 25.9% | 23.9% | 21.5% | 21.7% |
| Return on equity | 31.9% | 31.8% | 34.5% | 34.4% | 30.4% | 31.4% |
| Return on invested capital | 31.1% | 30.8% | 32.7% | 31.2% | 27.6% | 28.0% |
| Liquidity | ||||||
| Current ratio | 4.85 | 4.67 | 4.57 | 3.96 | 4.19 | 4.08 |
| Quick ratio | 2.41 | 2.28 | 2.27 | 1.79 | 1.95 | 1.90 |
| Cash ratio | 0.39 | 0.37 | 0.33 | 0.29 | 0.35 | 0.40 |
| Leverage | ||||||
| Debt / Equity | 0.03 | 0.03 | 0.06 | 0.11 | 0.11 | 0.13 |
| Debt / Assets | 0.02 | 0.03 | 0.04 | 0.08 | 0.08 | 0.09 |
| Debt / EBITDA | 0.05 | 0.07 | 0.12 | 0.22 | 0.24 | 0.28 |
| Interest coverage | 267.0x | 206.8x | 141.5x | 101.7x | 125.5x | 117.7x |
| Equity multiplier | 1.28 | 1.30 | 1.33 | 1.44 | 1.41 | 1.45 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 1.62 | 1.61 | 1.65 | 1.53 | 1.40 | 1.42 |
| Inventory turnover | 2.58 | 2.52 | 2.62 | 2.20 | 2.12 | 2.30 |
| Days sales outstanding | 55d | 54d | 54d | 53d | 55d | 50d |
| Days inventory outstanding | 141d | 145d | 139d | 166d | 172d | 159d |
| Days payable outstanding | 26d | 25d | 24d | 25d | 26d | 25d |
| Cash conversion cycle | 171d | 173d | 169d | 194d | 200d | 184d |
| Valuation | ||||||
| P / E | 36.8x | 36.0x | 32.1x | 25.0x | 40.0x | 32.8x |
| P / B | 11.7x | 5.7x | 5.5x | 4.3x | 6.1x | 5.1x |
| P / S | 5.6x | 2.7x | 2.5x | 2.0x | 3.1x | 2.5x |
| EV / EBITDA | 25.1x | 12.2x | 10.9x | 8.5x | 13.5x | 10.9x |
| Growth | ||||||
| Revenue growth (YoY) | 8.7% | 2.7% | 5.2% | 16.1% | 6.4% | 5.9% |
| Revenue CAGR (3y) | 5.5% | 7.9% | 9.2% | 9.4% | 14.9% | 8.8% |
| Revenue CAGR (5y) | 7.7% | 7.2% | 13.1% | 9.7% | 8.7% | 7.9% |
| Gross profit growth (YoY) | 8.5% | 1.4% | 4.3% | 15.8% | 8.2% | 2.1% |
| Operating income growth (YoY) | 9.6% | -1.2% | 5.2% | 19.4% | 6.6% | 8.0% |
| Net income growth (YoY) | 9.4% | -0.4% | 6.3% | 17.5% | 7.7% | 8.6% |
| EPS growth (YoY) | 9.0% | -1.0% | 6.9% | 18.1% | 7.4% | -46.0% |
| EPS CAGR (3y) | 4.9% | 7.7% | 10.7% | -11.9% | -32.7% | -28.2% |
| EPS CAGR (5y) | 7.9% | -6.2% | -17.4% | -14.0% | -14.3% | -15.9% |
| FCF growth (YoY) | 11.0% | -24.9% | 64.2% | 25.1% | -34.3% | 56.6% |
| FCF CAGR (5y) | 2.4% | 9.7% | 20.4% | 10.5% | 13.6% | 19.0% |
| Book value growth (YoY) | 9.1% | 8.0% | 5.9% | 4.0% | 11.3% | 2.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$8.20B totalReportable Segment Aggregation Before Other Operating Segment$6.82B · 83.2%
All Other Segments$1.38B · 16.8%
Geographic
$8.20B totalUS$6.82B · 83.2%
Canadaand Mexico$1.11B · 13.5%
Non North America$271.40M · 3.3%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Building Materials, Hardware, Garden Supply
Comparing FASTENAL CO against the 4 most active filers in the same SIC group.
Dividends
$0.92/share trailing 12 months · +11.5% YoY
| Ex-date | Per share |
|---|---|
| Apr 28, 2026 | $0.2400 |
| Jan 29, 2026 | $0.2400 |
| Oct 28, 2025 | $0.2200 |
| Jul 29, 2025 | $0.2200 |
| Apr 25, 2025 | $0.2200 |
| Jan 31, 2025 | $0.2150 |
| Oct 25, 2024 | $0.1950 |
| Jul 26, 2024 | $0.1950 |
| Apr 24, 2024 | $0.1950 |
| Jan 31, 2024 | $0.1950 |
| Dec 5, 2023 | $0.1900 |
| Oct 25, 2023 | $0.1750 |
| Jul 26, 2023 | $0.1750 |
| Apr 26, 2023 | $0.1750 |
| Feb 1, 2023 | $0.1750 |
| Oct 26, 2022 | $0.1550 |
| Jul 26, 2022 | $0.1550 |
| Apr 26, 2022 | $0.1550 |
| Feb 1, 2022 | $0.1550 |
| Oct 25, 2021 | $0.1400 |
| Jul 26, 2021 | $0.1400 |
| Apr 23, 2021 | $0.1400 |
| Feb 2, 2021 | $0.1400 |
| Dec 1, 2020 | $0.2000 |