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Fastenal Co Stock Research

FAST

54.71USD-0.09(-0.16%)Delayedas of 20 Sep 2023, 02:08 pm
Watchlist

Market Summary

USD54.71-0.09
Delayedas of 20 Sep 2023, 02:08 pm
-0.16%

FAST Alerts

  • 1 major insider sales recently.

FAST Stock Price

FAST RSI Chart

FAST Valuation

Market Cap

31.3B

Price/Earnings (Trailing)

27.87

Price/Sales (Trailing)

4.32

EV/EBITDA

18.61

Price/Free Cashflow

29.26

FAST Price/Sales (Trailing)

FAST Profitability

EBT Margin

20.66%

Return on Equity

34.01%

Return on Assets

24.3%

Free Cashflow Yield

3.42%

FAST Fundamentals

FAST Revenue

Revenue (TTM)

7.2B

Revenue Y/Y

5.88%

Revenue Q/Q

1.29%

FAST Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

3.8%

Earnings Q/Q

0.98%

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

Current Ratio

3.66

Debt/Equity

0.18

Debt/Cashflow

1.7

FAST Investor Care

Dividend Yield

2.41%

Dividend/Share (TTM)

1.32

Buy Backs (1Y)

0.73%

Diluted EPS (TTM)

1.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for FAST

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold FAST recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Fastenal

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Loading...

Peers (Alternatives to Fastenal)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
143.4B
64.8B
2.14% 54.60%
17.16
2.21
19.88% 23.71%
134.2B
62.5B
3.95% 73.70%
596.62
1.75
10.18% 328.56%
34.6B
16.0B
-1.78% 29.52%
19.36
2.16
12.68% 33.83%
31.3B
7.2B
-4.68% 13.90%
27.87
4.32
10.22% 8.91%
30.8B
13.2B
-0.08% 52.68%
13.47
2.34
23.61% 30.69%
MID-CAP
6.0B
4.4B
4.86% 46.73%
17.23
1.35
15.80% 34.70%
5.4B
4.0B
-4.98% 26.32%
14.9
1.34
14.15% 19.29%
4.9B
8.6B
-2.48% 39.77%
11.95
0.56
12.31% 0.89%
2.6B
5.4B
-8.59% 45.02%
7.84
0.48
8.62% 9.49%
-
22.3B
-0.14% 17.24%
-
-
11.38% 23.20%
SMALL-CAP
2.3B
6.4B
0.43% 43.05%
7.47
0.36
-11.99% 15.46%
870.0M
3.5B
12.91% 9.32%
8.45
0.25
19.18% 586.67%
782.8M
3.5B
2.23% 23.96%
5.85
0.22
-21.47% -58.90%
594.5M
1.6B
3.51% 36.40%
10.3
0.36
29.61% 65.05%
729.3M
1.4B
- -
98.47
0.63
90.33% 316.91%

Fastenal News

Simply Wall St
Should You Be Adding Fastenal (NASDAQ:FAST) To Your Watchlist Today?.
Simply Wall St,
2 hours ago

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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.5%7,2407,1366,9816,8176,5696,2986,0115,8375,6965,6975,6475,5665,5325,3915,3345,2885,1895,0894,9654,8224,675
Gross Profit0.9%3,3023,2733,2163,1603,0542,9272,7772,6832,6042,5742,5682,5472,5582,5282,5152,5052,4702,4462,3992,3422,282
  S&GA Expenses1.0%1,8021,7841,7621,7391,6931,6321,5601,5021,4511,4241,4261,4301,4491,4601,4581,4541,4391,4211,4001,3741,347
EBITDA-100.0%-1,6561,6201,5871,5241,4571,3771,3401,3101,1511,1421,1171,1091,0681,0581,0521,0331,0271,000970936
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 Expenses0.6%16.0016.0014.0012.0010.0010.0010.0010.0010.0010.0010.0010.0011.0012.0014.0015.0014.0014.0013.0012.0011.00
Earnings Before Taxes0.8%1,4861,4741,4401,4101,3511,2861,2081,1711,1431,1411,1331,1071,0981,0551,0441,0371,0181,013987958925
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 Income1.0%1,1231,1121,0871,0731,031984925890868867859842834799791781765772752736681
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%-928767623533566614775911984934848788638596505457520498491480
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.0%4,5774,5774,5494,6274,5924,4674,2994,2234,1674,0743,9654,1094,0853,9353,8003,8143,7563,6523,3223,1943,100
  Current Assets-0.8%3,1373,1623,1253,1963,1533,0342,8572,7702,7052,6142,5002,6472,6062,4642,4572,5012,4682,3892,3162,2262,141
    Cash Equivalents1.6%244240230232248234236251322334246332202161175191175185167130136
  Inventory-5.2%1,5651,6521,7081,6781,6651,6011,5241,4011,3281,3051,3381,3431,4021,3461,3661,3551,3461,2941,2791,1951,163
  Net PPE0.7%1,0101,0041,0101,0091,0091,0081,0191,0191,0161,0221,0311,0241,0301,0281,023998975943925884880
  Current Liabilities-14.7%737863790803849746682663650661613603631580545555528555437416381
    LT Debt, Current-25.0%15020020215019535.0060.0035.0040.0040.0040.0040.00-5.003.003.003.004.003.003.003.00
    LT Debt, Non Current0%200200353405310330330330365365365365405450342442497485497388423
Shareholder's Equity3.4%3,3813,2713,1633,1613,1793,1423,0422,9652,8812,7872,7332,8862,7832,6572,6662,5862,5042,3972,3032,3162,227
  Retained Earnings3.0%3,4123,3143,2193,2403,1723,0632,9712,9012,8182,7392,6902,8672,7892,6932,6342,5822,4942,4132,3422,3422,259
  Additional Paid-In Capital74.6%20.0011.004.003.0056.0010296.0091.0078.0070.0059.0058.0044.0024.0067.0050.0046.0023.003.007.000.00
Shares Outstanding0.0%571571571573575576575575575574574574573574574574573572572574574
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations13.7%1,2501,1009417967057257709351,0561,1361,1021,0331,002879843768696719674626604
  Share Based Compensation5.3%8.008.007.006.006.006.006.006.006.006.006.006.006.006.006.006.006.005.005.005.005.00
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 Payments2.9%754733711696679661644856838821803557539519499487475459442420397
  Buy Backs-251-23819366.00-----52.0052.0052.0052.00-63.0063.0083.00103-52.00

FAST Income Statement

2023-06-30
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended6 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 sales1,025.6951.02,034.71,861.7
Gross profit857.5827.61,707.51,620.9
Operating and administrative expenses462.6444.2919.4879.5
Operating income394.9383.4788.1741.4
Interest income0.60.11.00.1
Interest expense(2.9)(2.8)(6.8)(5.0)
Earnings before income taxes392.6380.7782.3736.5
Income tax expense94.693.6189.2179.8
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)571,138,039575,462,097571,033,444575,510,253
Diluted weighted average shares outstanding (in shares)572,890,160577,402,221572,757,476577,509,039

FAST Balance Sheet

2023-06-30
Condensed 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, respectively1,171.61,013.2
Inventories1,565.41,708.0
Prepaid income taxes14.78.1
Other current assets141.7165.4
Total current assets3,137.03,124.8
Property and equipment, net1,010.31,010.0
Operating lease right-of-use assets263.7243.0
Other assets165.8170.8
Total assets4,576.84,548.6
Current liabilities:  
Current portion of debt150.0201.8
Accounts payable262.0255.0
Accrued expenses229.5241.1
Current portion of operating lease liabilities95.191.9
Total current liabilities736.6789.8
Long-term debt200.0353.2
Operating lease liabilities173.3155.2
Deferred income taxes84.383.7
Other long-term liabilities1.83.5
Stockholders' equity:  
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding0.00.0
Common stock: $0.01 par value, 800,000,000 shares authorized, 571,288,830 and 570,811,674 shares issued and outstanding, respectively5.75.7
Additional paid-in capital19.93.6
Retained earnings3,412.13,218.7
Accumulated other comprehensive loss(56.9)(64.8)
Total stockholders' equity3,380.83,163.2
Total liabilities and stockholders' equity$ 4,576.8$ 4,548.6
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.