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FAST

FAST - Fastenal Co Stock Price, Fair Value and News

68.80USD-0.59 (-0.85%)Market Closed

Market Summary

FAST
USD68.80-0.59
Market Closed
-0.85%

FAST Alerts

  • 1 major insider sales recently.

FAST Stock Price

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FAST RSI Chart

FAST Valuation

Market Cap

39.4B

Price/Earnings (Trailing)

34.03

Price/Sales (Trailing)

5.34

EV/EBITDA

23.18

Price/Free Cashflow

33.1

FAST Price/Sales (Trailing)

FAST Profitability

EBT Margin

20.62%

Return on Equity

33.76%

Return on Assets

25.54%

Free Cashflow Yield

3.02%

FAST Fundamentals

FAST Revenue

Revenue (TTM)

7.4B

Rev. Growth (Yr)

1.94%

Rev. Growth (Qtr)

7.76%

FAST Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

0.88%

Earnings Growth (Qtr)

11.75%

Breaking Down FAST Revenue

Last 7 days

-9.3%

Last 30 days

-8.3%

Last 90 days

8.6%

Trailing 12 Months

28.5%

How does FAST drawdown profile look like?

FAST Financial Health

Current Ratio

4.83

Debt/Equity

0.06

Debt/Cashflow

6.9

FAST Investor Care

Dividend Yield

2.09%

Dividend/Share (TTM)

1.44

Shares Dilution (1Y)

0.27%

Diluted EPS (TTM)

2.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20247.4B000
20237.1B7.2B7.3B7.3B
20226.3B6.6B6.8B7.0B
20215.7B5.7B5.8B6.0B
20205.4B5.5B5.6B5.6B
20195.1B5.2B5.3B5.3B
20184.5B4.7B4.8B5.0B
20174.0B4.1B4.2B4.4B
20163.9B3.9B3.9B4.0B
20153.8B3.9B3.9B3.9B
20143.4B3.5B3.6B3.7B
20133.2B3.2B3.3B3.3B
20122.9B3.0B3.1B3.1B
20112.4B2.5B2.6B2.8B
20102.0B2.1B2.2B2.3B
20092.3B2.1B2.0B1.9B
200802.2B2.2B2.3B
20070002.1B
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Tracking the Latest Insider Buys and Sells of Fastenal Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
miller charles s.
sold
-832,453
75.1583
-11,076
senior executive vp
Mar 15, 2024
miller charles s.
acquired
287,976
26.00
11,076
senior executive vp
Feb 20, 2024
watts jeffery michael
acquired
447,740
23.0556
19,420
chief sales officer
Feb 20, 2024
watts jeffery michael
sold
-1,364,210
70.2476
-19,420
chief sales officer
Feb 06, 2024
broersma anthony paul
sold
-387,306
69.3352
-5,586
evp-operations
Feb 06, 2024
broersma anthony paul
acquired
131,271
23.5
5,586
evp-operations
Jan 25, 2024
drazkowski william joseph
acquired
281,248
23.5
11,968
executive vice-president
Jan 25, 2024
drazkowski william joseph
sold
-826,952
69.0969
-11,968
executive vice-president
Jan 23, 2024
soderberg john lewis
sold
-1,350,350
69.0221
-19,564
senior executive vp
Jan 23, 2024
soderberg john lewis
acquired
449,972
23.00
19,564
senior executive vp

1–10 of 50

Which funds bought or sold FAST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
Legato Capital Management LLC
unchanged
-
455,921
2,843,150
0.34%
Apr 15, 2024
DGS Capital Management, LLC
new
-
293,826
293,826
0.08%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
added
17.13
4,359,200
15,394,200
0.04%
Apr 15, 2024
Diversified Investment Strategies, LLC
reduced
-0.55
982,396
6,310,050
4.26%
Apr 15, 2024
Wealthcare Advisory Partners LLC
added
137
472,254
730,951
0.02%
Apr 15, 2024
Procyon Advisors, LLC
reduced
-0.93
144,108
945,119
0.07%
Apr 15, 2024
FRANKLIN STREET ADVISORS INC /NC
unchanged
-
43,000
270,000
0.02%
Apr 15, 2024
RMR Wealth Builders
unchanged
-
100,766
628,382
0.08%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
reduced
-52.31
-1,028,800
1,352,340
0.04%
Apr 15, 2024
Sunbelt Securities, Inc.
reduced
-53.94
-11,872
14,395
-%

1–10 of 48

Are Funds Buying or Selling FAST?

Are funds buying FAST calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FAST
No. of Funds

Unveiling Fastenal Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.31%
70,336,580
SC 13G/A
Jan 25, 2024
blackrock inc.
8.1%
46,066,511
SC 13G/A
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

Recent SEC filings of Fastenal Co

View All Filings
Date Filed Form Type Document
Apr 16, 2024
10-Q
Quarterly Report
Apr 11, 2024
8-K
Current Report
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
DEF 14A
DEF 14A
Feb 22, 2024
4
Insider Trading
Feb 20, 2024
144
Notice of Insider Sale Intent
Feb 16, 2024
PRE 14A
PRE 14A
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
4
Insider Trading

Peers (Alternatives to Fastenal Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.2B
87.5B
4.60% 15.53%
14.83
0.74
-5.51% 46.89%
47.0B
16.5B
-3.81% 44.74%
25.44
2.85
8.21% 18.11%
39.4B
7.4B
-8.30% 28.50%
34.03
5.34
3.46% 4.06%
18.9B
12.8B
-5.64% 3.58%
25.95
1.47
-13.39% -24.87%
16.6B
9.3B
-3.50% 4.07%
22.11
1.79
-45.52% -44.53%
MID-CAP
8.2B
7.1B
-6.22% -8.54%
37.76
1.15
-3.86% -71.85%
7.9B
17.6B
-8.20% -29.12%
24.4
0.45
-28.75% -65.43%
7.3B
4.5B
-0.82% 37.52%
19.41
1.63
7.15% 22.87%
6.0B
9.1B
7.07% 59.38%
13.8
0.66
8.19% -5.10%
3.5B
4.4B
16.06% 59.08%
17.96
0.79
-11.96% -34.46%
SMALL-CAP
983.1M
3.1B
-2.24% 61.27%
20.25
0.31
-29.52% -83.61%
833.6M
233.3M
12.12% -16.49%
-8.37
3.57
-1.70% -153.19%
584.8M
1.1B
1.98% 27.69%
10.59
0.53
-9.31% -49.18%
391.3M
1.6B
0.24% 10.24%
-22.11
0.25
-11.50% -135.26%
66.1M
220.4M
21.97% -6.13%
-6.08
0.3
16.77% -270.60%

Fastenal Co News

Latest updates
Defense World17 hours ago
Yahoo Movies Canada35 hours ago
Yahoo Finance11 Apr 202402:09 pm
Simply Wall St02 Apr 202407:00 am

Fastenal Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue7.8%1,8951,7591,8461,8831,8591,6961,8021,7791,7041,5321,5541,5081,4171,3581,4131,5091,3671,2771,3791,3681,309
Gross Profit7.8%862799848858850768827828793713720701643619641672637598651641625
  S&GA Expenses5.8%471446461463457435447444435412402383363354351356366359369367364
EBITDA Margin-0.6%0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*--
Interest Expenses5.3%2.002.002.003.004.005.004.003.002.002.002.003.002.003.003.002.002.003.004.004.004.00
Income Taxes4.8%92.0088.0090.0095.0095.0083.0091.0094.0086.0067.0073.0076.0067.0066.0066.0075.0067.0058.0065.0067.0063.00
Earnings Before Taxes10.0%390354385393390328375381356299316315278262288314269236278271258
EBT Margin-0.5%0.21*0.21*0.21*0.21*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*--
Net Income11.7%298266296298295246285287270231244240211196222239203179214205194
Net Income Margin-0.3%0.16*0.16*0.16*0.16*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*--
Free Cashflow-10.4%285318341246355259210104195115120137242276256210192190196--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.6%4,5334,4634,5974,5774,5774,5494,6274,5924,4674,2994,2234,1674,0743,9654,1094,0853,9353,8003,8143,7563,652
  Current Assets2.1%3,0843,0213,1483,1373,1623,1253,1963,1533,0342,8572,7702,7052,6142,5002,6472,6062,4642,4572,5012,4682,389
    Cash Equivalents7.1%237221298244240230232248234236251322334246332202161175191175185
  Inventory-1.7%1,4961,5231,5141,5651,6521,7081,6781,6651,6011,5241,4011,3281,3051,3381,3431,4021,3461,3661,3551,3461,294
  Net PPE0.2%1,0131,0111,0121,0101,0041,0101,0091,0091,0081,0191,0191,0161,0221,0311,0241,0301,0281,023998975943
  Current Liabilities-3.5%638661668737863790803849746682663650661613603631580545555528555
  Long Term Debt0%200200200200200353405310330330330365365365365405450342442497485
    LT Debt, Current-100.0%-60.0060.0015020020215019535.0060.0035.0040.0040.0040.0040.00-5.003.003.003.004.00
    LT Debt, Non Current-100.0%-200200200200353405310330330330365365365365405450342442497485
Shareholder's Equity2.4%3,4293,3493,4676.0011.003,1633,1613,1726.003,0422,96576.0067.002,7332,8862,78924.002,6342,58646.002,397
  Retained Earnings2.2%3,4313,3573,5083,4123,3143,2193,2403,1723,0632,9712,9012,8182,7392,6902,8672,7892,6932,6342,5822,4942,413
  Additional Paid-In Capital43.4%59.0041.0025.0020.0011.004.003.0056.0010296.0091.0078.0070.0059.0058.0044.0024.0067.0050.0046.0023.00
Shares Outstanding0.1%573572571571571571575576576575575575574574574574574574573--
Float----33,638---28,636---29,835---24,488---18,623-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-5.2%335,600354,000388,100302,100388,500301,900257,900151,200230,000156,400167,400171,500274,800321,000289,000250,700241,100252,400257,300128,100204,900
  Share Based Compensation17.6%2,0001,7001,8001,9001,9002,8001,4001,5001,5001,3001,4001,4001,5001,4001,4001,3001,6001,4001,4001,3001,600
Cashflow From Investing-46.7%-48,400-33,000-43,000-54,200-31,000-41,400-44,500-43,900-33,200-41,500-45,600-31,500-29,900-42,900-30,100-37,000-171,700-60,600-59,500-66,900-52,700
Cashflow From Financing33.6%-267,400-402,600-286,900-243,300-348,900-268,700-220,800-85,900-199,500-128,900-190,200-153,800-154,200-370,500-131,400-174,300-78,200-210,800-178,300-71,100-134,900
  Dividend Payments-100.0%-417,300199,800199,900199,800176,900177,500178,500178,400161,100161,000160,800160,800373,200143,400143,200143,600126,300126,200123,100123,000
  Buy Backs------93,20095,30049,300--------52,000----

FAST Income Statement

2023-12-31
Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 7,346.7$ 6,980.6$ 6,010.9
Cost of sales3,992.23,764.83,233.7
Gross profit3,354.53,215.82,777.2
Operating and administrative expenses1,825.81,762.21,559.8
Operating income1,528.71,453.61,217.4
Interest income4.10.70.1
Interest expense(10.8)(14.3)(9.7)
Earnings before income taxes1,522.01,440.01,207.8
Income tax expense367.0353.1282.8
Net earnings$ 1,155.0$ 1,086.9$ 925.0
Basic net earnings per share (in dollars per share)$ 2.02$ 1.89$ 1.61
Diluted net earnings per share (in dollars per share)$ 2.02$ 1.89$ 1.60
Basic weighted average shares outstanding (in shares)571,271,846573,777,790574,808,030
Diluted weighted average shares outstanding (in shares)573,008,608575,623,114577,117,056

FAST Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 221.3$ 230.1
Trade accounts receivable, net of allowance for credit losses of $6.4 and $8.3, respectively1,087.61,013.2
Inventories1,522.71,708.0
Prepaid income taxes17.58.1
Other current assets171.8165.4
Total current assets3,020.93,124.8
Property and equipment, net1,011.11,010.0
Operating lease right-of-use assets270.2243.0
Other assets160.7170.8
Total assets4,462.94,548.6
Current liabilities:  
Current portion of debt60.0201.8
Accounts payable264.1255.0
Accrued expenses241.0241.1
Current portion of operating lease liabilities96.291.9
Total current liabilities661.3789.8
Long-term debt200.0353.2
Operating lease liabilities178.8155.2
Deferred income taxes73.083.7
Other long-term liabilities1.03.5
Commitments and contingencies (Notes 5, 8, 9, and 10)
Stockholders' equity:  
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding0.00.0
Common stock: $0.01 par value, 800,000,000 shares authorized, 571,982,367 and 570,811,674 shares issued and outstanding, respectively5.75.7
Additional paid-in capital41.03.6
Retained earnings3,356.93,218.7
Accumulated other comprehensive loss(54.8)(64.8)
Total stockholders' equity3,348.83,163.2
Total liabilities and stockholders' equity$ 4,462.9$ 4,548.6
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, 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 customers; 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. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
 CEO
 WEBSITEfastenal.com
 INDUSTRYIntegrated Freight & Logistics
 EMPLOYEES20631

Fastenal Co Frequently Asked Questions


What is the ticker symbol for Fastenal Co? What does FAST stand for in stocks?

FAST is the stock ticker symbol of Fastenal Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fastenal Co (FAST)?

As of Tue Apr 16 2024, market cap of Fastenal Co is 39.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FAST stock?

You can check FAST's fair value in chart for subscribers.

What is the fair value of FAST stock?

You can check FAST's fair value in chart for subscribers. The fair value of Fastenal Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fastenal Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FAST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fastenal Co a good stock to buy?

The fair value guage provides a quick view whether FAST is over valued or under valued. Whether Fastenal Co is cheap or expensive depends on the assumptions which impact Fastenal Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FAST.

What is Fastenal Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, FAST's PE ratio (Price to Earnings) is 34.09 and Price to Sales (PS) ratio is 5.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FAST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Fastenal Co's stock?

In the past 10 years, Fastenal Co has provided 0.132 (multiply by 100 for percentage) rate of return.