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FAST

51.43USD-0.13(-0.25%)Market Closed

Fastenal Co

Market Summary

USD51.43-0.13Market Closed
-0.25%

FAST Alerts

FAST Stock Price

RSI Chart

Valuation

Market Cap

27.9B

Price/Earnings

26

Price/Sales

4.09

Price/Cashflow

35.06

MarketCap/EBT

19.78

Price/Sales

Profitability

EBT Margin

20.69%

Return on Equity

33.93%

Return on Assets

23.18%

Fundamentals

Revenue

Revenue (TTM)

6.8B

Revenue Y/Y

15.97%

Revenue Q/Q

1.34%

Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

16.88%

Earnings Q/Q

-0.87%

Price Action

52 Week Range

43.4463.21
(Low)(High)

Last 7 days

-1.7%

Last 30 days

7.1%

Last 90 days

2.6%

Trailing 12 Months

-11.7%

Financial Health

Current Ratio

3.98

Debt/Equity

0.18

Debt/Cashflow

1.43

Investor Care

Dividend Yield

2.49%

Dividend/Share (TTM)

1.21

Buy Backs (1Y)

0.42%

Diluted EPS (TTM)

1.87

Peers (Alternatives to Fastenal)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
116.5B
56.6B
10.06% 22.81%
17.23
2.16
16.98% 53.73%
85.6B
75.1B
12.25% -8.38%
-14.66
1.14
0.29% -14500.00%
29.3B
14.8B
3.40% 25.00%
20.26
1.98
17.30% 55.82%
27.9B
6.8B
7.12% -11.70%
26
4.09
16.79% 20.52%
21.5B
11.1B
15.23% 5.05%
11.02
1.93
20.64% 61.98%
MID-CAP
7.0B
20.7B
-6.84% 1.31%
10.16
0.35
18.40% 154.19%
4.9B
4.0B
5.36% 35.40%
17.36
1.23
17.80% 72.65%
4.6B
3.7B
4.89% 10.52%
13.61
1.25
13.83% 56.65%
3.7B
8.2B
7.91% 13.21%
9.08
0.48
23.69% 1095.82%
2.0B
5.0B
10.36% -13.13%
6.67
0.41
39.96% 116.21%
SMALL-CAP
1.6B
7.3B
25.34% 4.82%
6.16
0.22
10.86% 170.01%
987.4M
646.9M
13.25% -26.91%
138.18
1.53
62.32% -15.85%
822.6M
3.2B
19.80% 65.56%
54.84
0.28
24.27% 338.10%
677.8M
4.6B
7.08% -11.28%
2.08
0.15
9.73% 39.37%
529.6M
1.4B
-6.52% -2.28%
15.1
0.42
29.83% 206.09%

Financials for Fastenal

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.8%6,8176,5696,2986,0115,837
Gross Profit3.5%3,1603,0542,9272,7772,683
  S&GA Expenses2.7%1,7391,6931,6321,5601,502
Earnings Before Taxes4.4%1,4101,3511,2861,2081,171
Net Income4.0%1,0731,031984925890
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.8%4,6274,5924,4674,2994,223
  Current Assets1.4%3,1963,1533,0342,8572,770
    Cash Equivalents-6.6%232248234236251
  Inventory0.8%1,6781,6651,6011,5241,401
  Net PPE0.0%1,0091,0091,0081,0191,019
  Current Liabilities-5.5%803849746682663
  Long Term Debt9.9%555505365390365
    LT Debt, Current-22.9%150195356035
    LT Debt, Non Current30.5%405310330330330
Shareholder's Equity-0.6%3,1613,1793,1423,0422,965
  Retained Earnings2.1%3,2403,1723,0632,9712,901
  Additional Paid-In Capital-45.2%561029691-
Accumulated Depreciation-1,178----
Shares Outstanding-0.3%573575576575575
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations12.8%796705725770935
  Share Based Compensation0%66666
Cashflow From Investing0.7%-163.10-164.20-151.80-148.50-149.90
Cashflow From Financing-5.1%-635.10-604.50-672.40-627.10-868.70
  Dividend Payments2.4%696679661644856
  Buy Backs193.3%1936600
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on FAST?

32.3%


Probability that Fastenal stock will be more than 20% underwater in next one year

3.1%


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.

Returns

Cumulative Returns on FAST

12.3%


10-Year Cumulative Returns

17.5%


7-Year Cumulative Returns

17.6%


5-Year Cumulative Returns

16.8%


3-Year Cumulative Returns

What are the long-term rolling returns for FAST?

FIve years rolling returns for Fastenal.

Which funds bought or sold FAST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-14.12
-219,000
836,000
0.04%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-496
2,000
-%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
8,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,472,000
2,472,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
911,000
911,000
-%
2022-11-21
Integrated Investment Consultants, LLC
REDUCED
-5.95
-47,000
308,000
0.12%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1
-4,200,000
44,111,000
0.07%
2022-11-21
Bray Capital Advisors
UNCHANGED
-
-1,000
16,000
-%
2022-11-21
DEARBORN PARTNERS LLC
ADDED
0.24
-2,596,000
31,805,000
1.40%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-6,000
72,000
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying FAST calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FAST

Fastenal News

Yahoo Finance

Insider Buying: Jeffery Watts Just Spent US$300k On Fastenal Company (NASDAQ:FAST) Shares.32 hours ago

Industrial Distribution

FAST Fair Value

Fastenal fair value in different scenarios

The table shows the Fair Value estimates for Fastenal for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

26.70

-48.08%

36.66

-28.72%

46.20

-10.17%

57.60

12.00%

68.77

33.72%

Current Inflation

24.22

-52.91%

32.59

-36.63%

40.34

-21.56%

49.94

-2.90%

59.18

15.07%

Very High Inflation

21.20

-58.78%

27.76

-46.02%

33.56

-34.75%

41.13

-20.03%

48.26

-6.16%

Historical Fastenal Fair Value Estimates


Recent SEC filings of Fastenal

View All Filings
Date Filed Form Type Document
Oct 18, 2022
4
Insider Trading
Oct 18, 2022
4
Insider Trading
Oct 18, 2022
10-Q
Quarterly Report
Oct 13, 2022
8-K
Current Report
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 14, 2022
4
Insider Trading

Latest Insider Trading transactions for FAST

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-29
Watts Jeffery Michael
BOUGHT
300,433
50.578
5,940
EXECUTIVE VICE-PRESIDENT
2022-10-17
Nielsen Sarah N
BOUGHT
22,445
44.89
500
-
2022-10-14
Eastman Stephen L.
BOUGHT
43,885
43.885
1,000
-
2022-09-15
FLORNESS DANIEL L
BOUGHT
47,250
47.25
1,000
CEO AND PRESIDENT
2022-09-15
Nielsen Sarah N
BOUGHT
23,790
47.58
500
-
2022-09-14
FLORNESS DANIEL L
BOUGHT
192,000
48
4,000
CEO AND PRESIDENT
2022-09-13
Ancius Michael J
BOUGHT
24,310
48.62
500
-
2022-08-22
Ancius Michael J
GIFTED
-
-
-500
-
2022-08-15
Miller Charles S.
ACQUIRED
571,836
24.7163
23,136
SENIOR EXECUTIVE VP
2022-08-15
Miller Charles S.
SOLD
-1,293,230
55.8971
-23,136
SENIOR EXECUTIVE VP

1–10 of 50

Daniel L. Florness
20500
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.

FAST Income Statement

2022-09-30
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 1,802.4$ 1,554.2$ 5,285.0$ 4,479.0
Cost of sales975.9834.02,837.62,414.7
Gross profit826.5720.22,447.42,064.3
Operating and administrative expenses447.3401.81,326.71,147.8
Operating income379.2318.41,120.7916.5
Interest income0.20.10.40.1
Interest expense(4.1)(2.4)(9.3)(7.3)
Earnings before income taxes375.3316.11,111.8909.3
Income tax expense90.772.6270.5215.5
Net earnings$ 284.6$ 243.5$ 841.3$ 693.8
Basic net earnings per share (in dollars per share)$ 0.50$ 0.42$ 1.46$ 1.21
Diluted net earnings per share (in dollars per share)$ 0.50$ 0.42$ 1.46$ 1.20
Basic weighted average shares outstanding (in shares)573,019,381574,973,196574,667,188574,637,254
Diluted weighted average shares outstanding (in shares)574,743,931577,259,839576,579,199576,928,254

FAST Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 231.5$ 236.2
Trade accounts receivable, net of allowance for credit losses of $10.2 and $12.0, respectively1,110.6900.2
Inventories1,678.11,523.6
Prepaid income taxes3.28.5
Other current assets172.2188.1
Total current assets3,195.62,856.6
Property and equipment, net1,008.51,019.2
Operating lease right-of-use assets249.8242.3
Other assets173.5180.9
Total assets4,627.44,299.0
Current liabilities:  
Current portion of debt150.360.0
Accounts payable277.2233.1
Accrued expenses282.4298.3
Current portion of operating lease liabilities92.790.8
Total current liabilities802.6682.2
Long-term debt404.7330.0
Operating lease liabilities161.2156.0
Deferred income taxes92.988.6
Other long-term liabilities4.80.0
Stockholders' equity:  
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding0.00.0
Common stock: $0.01 par value, 800,000,000 shares authorized, 572,754,406 and 575,464,682 shares issued and outstanding, respectively5.85.8
Additional paid-in capital2.896.2
Retained earnings3,239.72,970.9
Accumulated other comprehensive loss(87.1)(30.7)
Total stockholders' equity3,161.23,042.2
Total liabilities and stockholders' equity$ 4,627.4$ 4,299.0