fastenal co. - FAST
FAST
Close Chg Chg %
82.36 0.57 0.69%
Open Market
82.93
+0.57 (0.69%)
Volume: 481.38K
Last Updated:
Nov 22, 2024, 11:48 AM EDT
Company Overview: fastenal co. - FAST
FAST Key Data
| Open $82.89 | Day Range 82.73 - 83.31 |
| 52 Week Range 59.47 - 84.88 | Market Cap $47.18B |
| Shares Outstanding 572.89M | Public Float 571.74M |
| Beta 0.98 | Rev. Per Employee N/A |
| P/E Ratio 40.93 | EPS $2.02 |
| Yield 189.41% | Dividend $0.39 |
| EX-DIVIDEND DATE Oct 25, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 2.70M |
FAST Performance
| 1 Week | -0.04% | ||
| 1 Month | 7.87% | ||
| 3 Months | 20.15% | ||
| 1 Year | 34.22% | ||
| 5 Years | 129.12% |
FAST Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
18
Full Ratings ➔
About fastenal co. - FAST
Fastenal Co. engages in the distribution of fasteners and tools. It also operates hardware stores. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.
FAST At a Glance
Fastenal Co.
2001 Theurer Boulevard
Winona, Minnesota 55987-1500
| Phone | 1-507-454-5374 | Revenue | 7.35B | |
| Industry | Wholesale Distributors | Net Income | 1.16B | |
| Sector | Distribution Services | 2023 Sales Growth | 5.245% | |
| Fiscal Year-end | 12 / 2024 | Employees | 23,201 | |
| View SEC Filings |
FAST Valuation
| P/E Current | 40.662 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 32.133 |
| Price to Sales Ratio | 5.052 |
| Price to Book Ratio | 11.063 |
| Price to Cash Flow Ratio | 25.905 |
| Enterprise Value to EBITDA | 21.939 |
| Enterprise Value to Sales | 5.094 |
| Total Debt to Enterprise Value | 0.014 |
FAST Efficiency
| Revenue/Employee | 316,654.455 |
| Income Per Employee | 49,782.337 |
| Receivables Turnover | 6.755 |
| Total Asset Turnover | 1.631 |
FAST Liquidity
| Current Ratio | 4.568 |
| Quick Ratio | 2.266 |
| Cash Ratio | 0.335 |
FAST Profitability
| Gross Margin | 43.392 |
| Operating Margin | 20.808 |
| Pretax Margin | 20.717 |
| Net Margin | 15.721 |
| Return on Assets | 25.634 |
| Return on Equity | 35.473 |
| Return on Total Capital | 29.739 |
| Return on Invested Capital | 31.22 |
FAST Capital Structure
| Total Debt to Total Equity | 15.976 |
| Total Debt to Total Capital | 13.775 |
| Total Debt to Total Assets | 11.988 |
| Long-Term Debt to Equity | 11.312 |
| Long-Term Debt to Total Capital | 9.753 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Fastenal Co. - FAST
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 5.65B | 6.01B | 6.98B | 7.35B | |
Sales Growth
| +5.88% | +6.44% | +16.13% | +5.24% | |
Cost of Goods Sold (COGS) incl D&A
| 3.23B | 3.39B | 3.93B | 4.16B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 162.40M | 170.70M | 176.60M | 177.30M | |
Depreciation
| 153.30M | 159.90M | 165.90M | 166.60M | |
Amortization of Intangibles
| 9.10M | 10.80M | 10.70M | 10.70M | |
COGS Growth
| +14.71% | +4.97% | +15.83% | +5.80% | |
Gross Income
| 2.41B | 2.62B | 3.05B | 3.19B | |
Gross Income Growth
| -4.01% | +8.40% | +16.53% | +4.52% | |
Gross Profit Margin
| +42.75% | +43.54% | +43.69% | +43.39% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 1.27B | 1.40B | 1.60B | 1.66B | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 1.27B | 1.40B | 1.60B | 1.66B | |
SGA Growth
| -12.70% | +9.87% | +14.03% | +3.94% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | - | - | - |
EBIT after Unusual Expense
| 1.14B | 1.22B | 1.45B | 1.53B | |
Non Operating Income/Expense
| 2.00M | 100.00K | 700.00K | 4.10M | |
Non-Operating Interest Income
| 600.00K | 100.00K | 700.00K | 4.10M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 9.70M | 9.70M | 14.30M | 10.80M | |
Interest Expense Growth
| - | -30.22% | +47.42% | -24.48% | |
Gross Interest Expense
| 9.70M | 9.70M | 14.30M | 10.80M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 1.13B | 1.21B | 1.44B | 1.52B | |
Pretax Income Growth
| +8.53% | +6.63% | +19.23% | +5.69% | |
Pretax Margin
| +20.06% | +20.09% | +20.63% | +20.72% | |
Income Tax
| 273.60M | 282.80M | 353.10M | 367.00M | |
Income Tax - Current - Domestic
| 242.90M | 261.00M | 325.60M | 332.90M | |
Income Tax - Current - Foreign
| 28.10M | 34.10M | 35.00M | 44.90M | |
Income Tax - Deferred - Domestic
| 1.30M | (13.10M) | (6.10M) | (10.50M) | |
Income Tax - Deferred - Foreign
| 1.30M | 800.00K | (1.40M) | (300.00K) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 859.10M | 925.00M | 1.09B | 1.16B | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 859.10M | 925.00M | 1.09B | 1.16B | |
Net Income Growth
| +8.62% | +7.67% | +17.50% | +6.27% | |
Net Margin Growth
| +15.21% | +15.39% | +15.57% | +15.72% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 859.10M | 925.00M | 1.09B | 1.16B | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 859.10M | 925.00M | 1.09B | 1.16B | |
EPS (Basic)
| 1.4973 | 1.6092 | 1.8943 | 2.0218 | |
EPS (Basic) Growth
| +8.52% | +7.47% | +17.72% | +6.73% | |
Basic Shares Outstanding
| 573.78M | 574.81M | 573.78M | 571.27M | |
EPS (Diluted)
| 1.4923 | 1.6028 | 1.8882 | 2.0157 | |
EPS (Diluted) Growth
| +8.38% | +7.40% | +17.81% | +6.75% | |
Diluted Shares Outstanding
| 575.67M | 577.12M | 575.62M | 573.01M | |
EBITDA
| 1.30B | 1.39B | 1.63B | 1.71B | |
EBITDA Growth
| +8.14% | +6.55% | +17.44% | +4.65% | |
EBITDA Margin
| +23.07% | +23.09% | +23.35% | +23.22% |
Snapshot
| Average Recommendation | HOLD | Average Target Price | 75.10 | |
| Number of Ratings | 18 | Current Quarters Estimate | 0.481 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 2.033 | |
| Last Quarter’s Earnings | 0.52 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 2.02 | Next Fiscal Year Estimate | 2.196 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 14 | 10 | 16 | 16 |
| Mean Estimate | 0.48 | 0.53 | 2.03 | 2.20 |
| High Estimates | 0.50 | 0.58 | 2.09 | 2.32 |
| Low Estimate | 0.47 | 0.49 | 2.02 | 2.13 |
| Coefficient of Variance | 1.84 | 4.22 | 0.89 | 2.31 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 3 | 3 | 2 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 11 | 10 | 9 |
| UNDERWEIGHT | 1 | 1 | 2 |
| SELL | 3 | 3 | 2 |
| MEAN | Hold | Hold | Hold |
SEC Filings for Fastenal Co. - FAST
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Fastenal Co. - FAST
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 23, 2024 | Daniel Lars Florness CEO; Director | 50,000 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 23, 2024 | Daniel Lars Florness CEO; Director | 286,018 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $68.14 per share | 19,489,266.52 |
| Aug 23, 2024 | Daniel Lars Florness CEO; Director | 331,762 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $23.5 per share | 7,796,407.00 |
| Jun 12, 2024 | Hsenghung Sam Hsu Director | 3,500 | Open market or private purchase of non-derivative security Non-derivative transaction at $63.28 per share | 221,480.00 |
| Jun 12, 2024 | Hsenghung Sam Hsu Director | 4,000 | Open market or private purchase of non-derivative security Non-derivative transaction at $62.95 per share | 251,800.00 |
| May 31, 2024 | James Cory Jansen EXECUTIVE VICE PRESIDENT | 26,176 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.01 per share | 1,596,997.76 |
| May 31, 2024 | James Cory Jansen EXECUTIVE VICE PRESIDENT | 17,718 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 31, 2024 | James Cory Jansen EXECUTIVE VICE PRESIDENT | 29,886 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $21 per share | 627,606.00 |
| Apr 19, 2024 | Daniel L. Johnson Director | 10,595 | Open market or private purchase of non-derivative security Non-derivative transaction at $68.38 per share | 724,486.10 |
| Apr 19, 2024 | Daniel L. Johnson Director | 7,245 | Bona fide gift | 0.00 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | 5,940 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $70.24 per share | 417,225.60 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | 21,908 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $23.5 per share | 514,838.00 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | 5,940 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $70.26 per share | 417,344.40 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | 9,392 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $21 per share | 197,232.00 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Feb 23, 2024 | Jeffery Michael Watts CHIEF SALES OFFICER | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Feb 9, 2024 | Anthony P. Broersma EVP-OPERATIONS | 796 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Feb 9, 2024 | Anthony P. Broersma EVP-OPERATIONS | N/A | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $69.34 per share | 0.00 |
| Feb 9, 2024 | Anthony P. Broersma EVP-OPERATIONS | 5,586 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $23.5 per share | 131,271.00 |
| Jan 30, 2024 | William J Drazkowski EXECUTIVE VICE-PRESIDENT | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
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