Market Summary
USD54.71-0.09
Delayedas of 20 Sep 2023, 02:08 pm-0.16%
FAST Alerts
FAST Stock Price
FAST RSI Chart
FAST Valuation
FAST Price/Sales (Trailing)
FAST Profitability
FAST Fundamentals
FAST Revenue
FAST Earnings
Price Action
52 Week Range
43.4459.43
(Low)(High)
Last 7 days
0.5%
Last 30 days
-4.7%
Last 90 days
-4.9%
Trailing 12 Months
13.9%
FAST Financial Health
FAST Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for FAST
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-21 | WISECUP REYNE K | acquired | 449,972 | 23.00 | 19,564 | - |
2023-08-21 | WISECUP REYNE K | sold | -1,110,910 | 56.7835 | -19,564 | - |
2023-07-17 | Ancius Michael J | bought | 28,765 | 57.53 | 500 | - |
2023-06-13 | Owen Terry Modock | acquired | 420,000 | 21.00 | 20,000 | chief operating officer |
2023-06-13 | Owen Terry Modock | sold | -1,123,070 | 56.1535 | -20,000 | chief operating officer |
2023-05-12 | Drazkowski William Joseph | sold | -34,134 | 54.7027 | -624 | executive vice-president |
2023-05-12 | Drazkowski William Joseph | acquired | 17,472 | 28.00 | 624 | executive vice-president |
2023-02-07 | Owen Terry Modock | sold | -798,640 | 53.2427 | -15,000 | senior executive vp |
2023-02-07 | Owen Terry Modock | acquired | 420,000 | 28.00 | 15,000 | senior executive vp |
2022-11-29 | Watts Jeffery Michael | bought | 300,433 | 50.578 | 5,940 | executive vice-president |
Which funds bought or sold FAST recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 2.52 | 6,750 | 62,470 | 0.01% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 1,707 | 19,939 | 0.01% |
2023-08-30 | Western Wealth Management, LLC | unchanged | - | 65,964 | 770,542 | 0.07% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 60,600 | 707,880 | 0.01% |
2023-08-23 | CTC Alternative Strategies, Ltd. | new | - | 306,748 | 306,748 | 0.38% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | 27,841 | 325,212 | 0.04% |
2023-08-22 | Old North State Trust, LLC | sold off | -100 | -50,000 | - | -% |
2023-08-22 | COMERICA BANK | new | - | 100,000 | 100,000 | 0.01% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 201 | 24,264,900 | 34,812,500 | 0.33% |
2023-08-21 | VisionPoint Advisory Group, LLC | reduced | -25.66 | -122,082 | 526,437 | 0.22% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
FAST Alerts
Schedule 13G FIlings of Fastenal
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 12.17% | 69,697,102 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 7.9% | 45,015,074 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.64% | 66,942,929 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.7% | 44,507,866 | SC 13G/A | |
| Dec 10, 2021 | bank of new york mellon corp | 4.99% | 28,696,765 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 4.80% | 27,576,964 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 11.98% | 68,797,379 | SC 13G/A | |
| Feb 01, 2021 | bank of new york mellon corp | 5.52% | 31,673,441 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.7% | 44,025,034 | SC 13G/A | |
| Feb 13, 2020 | state street corp | 5.31% | 30,453,691 | SC 13G |
Recent SEC filings of Fastenal
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 21, 2023 | 4 | Insider Trading | |
| Aug 21, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 19, 2023 | 4 | Insider Trading | |
| Jul 18, 2023 | 10-Q | Quarterly Report | |
| Jul 13, 2023 | 8-K | Current Report | |
| Jul 12, 2023 | 8-K/A | Current Report | |
| Jun 15, 2023 | 4 | Insider Trading | |
| Jun 13, 2023 | 144 | Notice of Insider Sale Intent | |
| Jun 12, 2023 | 3 | Insider Trading |
FAST Fair Value
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Peers (Alternatives to Fastenal)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CAT | 143.4B | 64.8B | 2.14% | 54.60% | 17.16 | 2.21 | 19.88% | 23.71% |
GE | 134.2B | 62.5B | 3.95% | 73.70% | 596.62 | 1.75 | 10.18% | 328.56% |
GWW | 34.6B | 16.0B | -1.78% | 29.52% | 19.36 | 2.16 | 12.68% | 33.83% |
FAST | 31.3B | 7.2B | -4.68% | 13.90% | 27.87 | 4.32 | 10.22% | 8.91% |
URI | 30.8B | 13.2B | -0.08% | 52.68% | 13.47 | 2.34 | 23.61% | 30.69% |
| MID-CAP | ||||||||
AIT | 6.0B | 4.4B | 4.86% | 46.73% | 17.23 | 1.35 | 15.80% | 34.70% |
MSM | 5.4B | 4.0B | -4.98% | 26.32% | 14.9 | 1.34 | 14.15% | 19.29% |
BECN | 4.9B | 8.6B | -2.48% | 39.77% | 11.95 | 0.56 | 12.31% | 0.89% |
GMS | 2.6B | 5.4B | -8.59% | 45.02% | 7.84 | 0.48 | 8.62% | 9.49% |
WCC | - | 22.3B | -0.14% | 17.24% | - | - | 11.38% | 23.20% |
| SMALL-CAP | ||||||||
VRTV | 2.3B | 6.4B | 0.43% | 43.05% | 7.47 | 0.36 | -11.99% | 15.46% |
MRC | 870.0M | 3.5B | 12.91% | 9.32% | 8.45 | 0.25 | 19.18% | 586.67% |
BXC | 782.8M | 3.5B | 2.23% | 23.96% | 5.85 | 0.22 | -21.47% | -58.90% |
DXPE | 594.5M | 1.6B | 3.51% | 36.40% | 10.3 | 0.36 | 29.61% | 65.05% |
LAWS | 729.3M | 1.4B | - | - | 98.47 | 0.63 | 90.33% | 316.91% |
Fastenal News
Returns for FAST
Cumulative Returns on FAST
10.8%
10-Year Cumulative Returns
18.3%
7-Year Cumulative Returns
15.9%
5-Year Cumulative Returns
9.7%
3-Year Cumulative Returns
Risks for FAST
What is the probability of a big loss on FAST?
41.9%
Probability that Fastenal stock will be more than 20% underwater in next one year
4.2%
Probability that Fastenal stock will be more than 30% underwater in next one year.
0%
Probability that Fastenal stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does FAST drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Fastenal was unfortunately bought at previous high price.
Drawdowns
Financials for Fastenal
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 1.5% | 7,240 | 7,136 | 6,981 | 6,817 | 6,569 | 6,298 | 6,011 | 5,837 | 5,696 | 5,697 | 5,647 | 5,566 | 5,532 | 5,391 | 5,334 | 5,288 | 5,189 | 5,089 | 4,965 | 4,822 | 4,675 |
| Gross Profit | 0.9% | 3,302 | 3,273 | 3,216 | 3,160 | 3,054 | 2,927 | 2,777 | 2,683 | 2,604 | 2,574 | 2,568 | 2,547 | 2,558 | 2,528 | 2,515 | 2,505 | 2,470 | 2,446 | 2,399 | 2,342 | 2,282 |
| S&GA Expenses | 1.0% | 1,802 | 1,784 | 1,762 | 1,739 | 1,693 | 1,632 | 1,560 | 1,502 | 1,451 | 1,424 | 1,426 | 1,430 | 1,449 | 1,460 | 1,458 | 1,454 | 1,439 | 1,421 | 1,400 | 1,374 | 1,347 |
| EBITDA | -100.0% | - | 1,656 | 1,620 | 1,587 | 1,524 | 1,457 | 1,377 | 1,340 | 1,310 | 1,151 | 1,142 | 1,117 | 1,109 | 1,068 | 1,058 | 1,052 | 1,033 | 1,027 | 1,000 | 970 | 936 |
| EBITDA Margin | -100.0% | - | 0.23* | 0.23* | 0.23* | 0.23* | 0.23* | 0.23* | 0.23* | 0.23* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* |
| Interest Expenses | 0.6% | 16.00 | 16.00 | 14.00 | 12.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 12.00 | 14.00 | 15.00 | 14.00 | 14.00 | 13.00 | 12.00 | 11.00 |
| Earnings Before Taxes | 0.8% | 1,486 | 1,474 | 1,440 | 1,410 | 1,351 | 1,286 | 1,208 | 1,171 | 1,143 | 1,141 | 1,133 | 1,107 | 1,098 | 1,055 | 1,044 | 1,037 | 1,018 | 1,013 | 987 | 958 | 925 |
| EBT Margin | -100.0% | - | 0.21* | 0.21* | 0.21* | 0.21* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* | 0.20* |
| Net Income | 1.0% | 1,123 | 1,112 | 1,087 | 1,073 | 1,031 | 984 | 925 | 890 | 868 | 867 | 859 | 842 | 834 | 799 | 791 | 781 | 765 | 772 | 752 | 736 | 681 |
| Net Income Margin | -100.0% | - | 0.16* | 0.16* | 0.16* | 0.16* | 0.16* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* |
| Free Cashflow | -100.0% | - | 928 | 767 | 623 | 533 | 566 | 614 | 775 | 911 | 984 | 934 | 848 | 788 | 638 | 596 | 505 | 457 | 520 | 498 | 491 | 480 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.0% | 4,577 | 4,577 | 4,549 | 4,627 | 4,592 | 4,467 | 4,299 | 4,223 | 4,167 | 4,074 | 3,965 | 4,109 | 4,085 | 3,935 | 3,800 | 3,814 | 3,756 | 3,652 | 3,322 | 3,194 | 3,100 |
| Current Assets | -0.8% | 3,137 | 3,162 | 3,125 | 3,196 | 3,153 | 3,034 | 2,857 | 2,770 | 2,705 | 2,614 | 2,500 | 2,647 | 2,606 | 2,464 | 2,457 | 2,501 | 2,468 | 2,389 | 2,316 | 2,226 | 2,141 |
| Cash Equivalents | 1.6% | 244 | 240 | 230 | 232 | 248 | 234 | 236 | 251 | 322 | 334 | 246 | 332 | 202 | 161 | 175 | 191 | 175 | 185 | 167 | 130 | 136 |
| Inventory | -5.2% | 1,565 | 1,652 | 1,708 | 1,678 | 1,665 | 1,601 | 1,524 | 1,401 | 1,328 | 1,305 | 1,338 | 1,343 | 1,402 | 1,346 | 1,366 | 1,355 | 1,346 | 1,294 | 1,279 | 1,195 | 1,163 |
| Net PPE | 0.7% | 1,010 | 1,004 | 1,010 | 1,009 | 1,009 | 1,008 | 1,019 | 1,019 | 1,016 | 1,022 | 1,031 | 1,024 | 1,030 | 1,028 | 1,023 | 998 | 975 | 943 | 925 | 884 | 880 |
| Current Liabilities | -14.7% | 737 | 863 | 790 | 803 | 849 | 746 | 682 | 663 | 650 | 661 | 613 | 603 | 631 | 580 | 545 | 555 | 528 | 555 | 437 | 416 | 381 |
| LT Debt, Current | -25.0% | 150 | 200 | 202 | 150 | 195 | 35.00 | 60.00 | 35.00 | 40.00 | 40.00 | 40.00 | 40.00 | - | 5.00 | 3.00 | 3.00 | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| LT Debt, Non Current | 0% | 200 | 200 | 353 | 405 | 310 | 330 | 330 | 330 | 365 | 365 | 365 | 365 | 405 | 450 | 342 | 442 | 497 | 485 | 497 | 388 | 423 |
| Shareholder's Equity | 3.4% | 3,381 | 3,271 | 3,163 | 3,161 | 3,179 | 3,142 | 3,042 | 2,965 | 2,881 | 2,787 | 2,733 | 2,886 | 2,783 | 2,657 | 2,666 | 2,586 | 2,504 | 2,397 | 2,303 | 2,316 | 2,227 |
| Retained Earnings | 3.0% | 3,412 | 3,314 | 3,219 | 3,240 | 3,172 | 3,063 | 2,971 | 2,901 | 2,818 | 2,739 | 2,690 | 2,867 | 2,789 | 2,693 | 2,634 | 2,582 | 2,494 | 2,413 | 2,342 | 2,342 | 2,259 |
| Additional Paid-In Capital | 74.6% | 20.00 | 11.00 | 4.00 | 3.00 | 56.00 | 102 | 96.00 | 91.00 | 78.00 | 70.00 | 59.00 | 58.00 | 44.00 | 24.00 | 67.00 | 50.00 | 46.00 | 23.00 | 3.00 | 7.00 | 0.00 |
| Shares Outstanding | 0.0% | 571 | 571 | 571 | 573 | 575 | 576 | 575 | 575 | 575 | 574 | 574 | 574 | 573 | 574 | 574 | 574 | 573 | 572 | 572 | 574 | 574 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 13.7% | 1,250 | 1,100 | 941 | 796 | 705 | 725 | 770 | 935 | 1,056 | 1,136 | 1,102 | 1,033 | 1,002 | 879 | 843 | 768 | 696 | 719 | 674 | 626 | 604 |
| Share Based Compensation | 5.3% | 8.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Cashflow From Investing | -6.4% | -171 | -160 | -163 | -163 | -164 | -151 | -148 | -149 | -134 | -139 | -281 | -299 | -328 | -358 | -239 | -254 | -239 | -197 | -173 | -140 | -123 |
| Cashflow From Financing | -17.0% | -1,081 | -924 | -774 | -635 | -604 | -672 | -627 | -868 | -809 | -830 | -754 | -594 | -641 | -538 | -595 | -449 | -415 | -468 | -446 | -487 | -461 |
| Dividend Payments | 2.9% | 754 | 733 | 711 | 696 | 679 | 661 | 644 | 856 | 838 | 821 | 803 | 557 | 539 | 519 | 499 | 487 | 475 | 459 | 442 | 420 | 397 |
| Buy Backs | - | 251 | - | 238 | 193 | 66.00 | - | - | - | - | - | 52.00 | 52.00 | 52.00 | 52.00 | - | 63.00 | 63.00 | 83.00 | 103 | - | 52.00 |
FAST Income Statement
2023-06-30Condensed Consolidated Statements of Earnings - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 1,883.1 | $ 1,778.6 | $ 3,742.2 | $ 3,482.6 |
| Cost of sales | 1,025.6 | 951.0 | 2,034.7 | 1,861.7 |
| Gross profit | 857.5 | 827.6 | 1,707.5 | 1,620.9 |
| Operating and administrative expenses | 462.6 | 444.2 | 919.4 | 879.5 |
| Operating income | 394.9 | 383.4 | 788.1 | 741.4 |
| Interest income | 0.6 | 0.1 | 1.0 | 0.1 |
| Interest expense | (2.9) | (2.8) | (6.8) | (5.0) |
| Earnings before income taxes | 392.6 | 380.7 | 782.3 | 736.5 |
| Income tax expense | 94.6 | 93.6 | 189.2 | 179.8 |
| Net earnings | $ 298.0 | $ 287.1 | $ 593.1 | $ 556.7 |
| Basic net earnings per share (in dollars per share) | $ 0.52 | $ 0.50 | $ 1.04 | $ 0.97 |
| Diluted net earnings per share (in dollars per share) | $ 0.52 | $ 0.50 | $ 1.04 | $ 0.96 |
| Basic weighted average shares outstanding (in shares) | 571,138,039 | 575,462,097 | 571,033,444 | 575,510,253 |
| Diluted weighted average shares outstanding (in shares) | 572,890,160 | 577,402,221 | 572,757,476 | 577,509,039 |
FAST Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 243.6 | $ 230.1 |
| Trade accounts receivable, net of allowance for credit losses of $6.5 and $8.3, respectively | 1,171.6 | 1,013.2 |
| Inventories | 1,565.4 | 1,708.0 |
| Prepaid income taxes | 14.7 | 8.1 |
| Other current assets | 141.7 | 165.4 |
| Total current assets | 3,137.0 | 3,124.8 |
| Property and equipment, net | 1,010.3 | 1,010.0 |
| Operating lease right-of-use assets | 263.7 | 243.0 |
| Other assets | 165.8 | 170.8 |
| Total assets | 4,576.8 | 4,548.6 |
| Current liabilities: | ||
| Current portion of debt | 150.0 | 201.8 |
| Accounts payable | 262.0 | 255.0 |
| Accrued expenses | 229.5 | 241.1 |
| Current portion of operating lease liabilities | 95.1 | 91.9 |
| Total current liabilities | 736.6 | 789.8 |
| Long-term debt | 200.0 | 353.2 |
| Operating lease liabilities | 173.3 | 155.2 |
| Deferred income taxes | 84.3 | 83.7 |
| Other long-term liabilities | 1.8 | 3.5 |
| Stockholders' equity: | ||
| Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding | 0.0 | 0.0 |
| Common stock: $0.01 par value, 800,000,000 shares authorized, 571,288,830 and 570,811,674 shares issued and outstanding, respectively | 5.7 | 5.7 |
| Additional paid-in capital | 19.9 | 3.6 |
| Retained earnings | 3,412.1 | 3,218.7 |
| Accumulated other comprehensive loss | (56.9) | (64.8) |
| Total stockholders' equity | 3,380.8 | 3,163.2 |
| Total liabilities and stockholders' equity | $ 4,576.8 | $ 4,548.6 |
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, 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, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also 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; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves 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. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.