FAST - Fastenal Co Stock Price, Fair Value and News

67.50USD-0.98 (-1.43%)Market Closed

Market Summary

USD67.50-0.98

Market Closed

-1.43%

FAST Alerts

1 major insider sales recently.

FAST Stock Price

View Fullscreen

FAST RSI Chart

FAST Valuation

Market Cap

38.6B

Price/Earnings (Trailing)

33.39

Price/Sales (Trailing)

5.23

EV/EBITDA

22.74

Price/Free Cashflow

32.48

FAST Price/Sales (Trailing)

FAST Profitability

EBT Margin

20.62%

Return on Equity

33.76%

Return on Assets

25.54%

Free Cashflow Yield

3.08%

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

-3.4%

Last 30 days

-11.4%

Last 90 days

-2.6%

Trailing 12 Months

25.0%

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

2.13%

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

Year	Q1	Q2	Q3	Q4
2024	7.4B	0	0	0
2023	7.1B	7.2B	7.3B	7.3B
2022	6.3B	6.6B	6.8B	7.0B
2021	5.7B	5.7B	5.8B	6.0B
2020	5.4B	5.5B	5.6B	5.6B
2019	5.1B	5.2B	5.3B	5.3B
2018	4.5B	4.7B	4.8B	5.0B
2017	4.0B	4.1B	4.2B	4.4B
2016	3.9B	3.9B	3.9B	4.0B
2015	3.8B	3.9B	3.9B	3.9B
2014	3.4B	3.5B	3.6B	3.7B
2013	3.2B	3.2B	3.3B	3.3B
2012	2.9B	3.0B	3.1B	3.1B
2011	2.4B	2.5B	2.6B	2.8B
2010	2.0B	2.1B	2.2B	2.3B
2009	2.3B	2.1B	2.0B	1.9B
2008	0	2.2B	2.2B	2.3B
2007	0	0	0	2.1B

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Fastenal Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	johnson daniel l.	bought	229,056	68.375	3,350	-
Apr 16, 2024	johnson daniel l.	gifted	-	-	-3,350	-
Mar 15, 2024	miller charles s.	acquired	287,976	26.00	11,076	senior executive vp
Mar 15, 2024	miller charles s.	sold	-832,453	75.1583	-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	acquired	131,271	23.5	5,586	evp-operations
Feb 06, 2024	broersma anthony paul	sold	-387,306	69.3352	-5,586	evp-operations
Jan 25, 2024	drazkowski william joseph	sold	-826,952	69.0969	-11,968	executive vice-president
Jan 25, 2024	drazkowski william joseph	acquired	281,248	23.5	11,968	executive vice-president

Which funds bought or sold FAST recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	PEOPLES FINANCIAL SERVICES CORP.	reduced	-7.68	287,650	3,181,370	1.38%
Apr 17, 2024	ROMANO BROTHERS AND COMPANY	unchanged	-	205,058	1,278,750	0.17%
Apr 17, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	12.45	61,000	1,986,000	0.07%
Apr 17, 2024	CRITERION CAPITAL ADVISORS, LLC	reduced	-4.62	5,909	49,370	0.03%
Apr 17, 2024	Coston, McIsaac & Partners	unchanged	-	3,000	19,000	0.01%
Apr 17, 2024	Alpha Omega Wealth Management LLC	reduced	-2.65	148,685	1,081,500	0.20%
Apr 17, 2024	FOUNDERS FINANCIAL SECURITIES LLC	new	-	272,690	272,690	0.03%
Apr 17, 2024	Clarius Group, LLC	reduced	-16.57	-2,116	330,931	0.02%
Apr 17, 2024	Brown Miller Wealth Management, LLC	unchanged	-	103,000	646,000	0.28%
Apr 17, 2024	Symphony Financial, Ltd. Co.	reduced	-1.23	156,120	957,657	0.22%

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

FAST Alerts

1 major insider sales recently.

Unveiling Fastenal Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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 18, 2024	4	Insider Trading
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

Peers (Alternatives to Fastenal Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	64.8B	87.5B	2.55%	14.67%	14.73	0.74	-5.51%	46.89%
GWW	46.1B	16.5B	-6.39%	40.91%	24.94	2.8	8.21%	18.11%
FAST	38.6B	7.4B	-11.43%	24.98%	33.39	5.23	3.46%	4.06%
JBHT	17.0B	12.8B	-13.95%	-7.96%	23.29	1.32	-13.39%	-24.87%
EXPD	16.5B	9.3B	-2.43%	2.66%	21.95	1.78	-45.52%	-44.53%
MID-CAP
CHRW	8.2B	17.6B	-5.62%	-27.19%	25.13	0.46	-28.75%	-65.43%
KNX	7.7B	7.1B	-8.08%	-15.72%	35.6	1.08	-3.86%	-71.85%
AIT	7.1B	4.5B	-5.52%	34.32%	19	1.59	7.15%	22.87%
BECN	5.9B	9.1B	0.81%	55.21%	13.63	0.65	8.19%	-5.10%
ARCB	3.2B	4.4B	7.59%	43.34%	16.39	0.72	-11.96%	-34.46%
SMALL-CAP
BXC	949.9M	3.1B	-9.43%	54.10%	19.57	0.3	-29.52%	-83.61%
CYRX	806.7M	233.3M	-0.42%	-22.46%	-8.1	3.46	-1.70%	-153.19%
CVLG	568.4M	1.1B	-0.37%	20.90%	10.29	0.52	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	10.24%	-22.11	0.25	-11.50%	-135.26%
AIRT	60.5M	220.4M	11.02%	-11.00%	-5.57	0.27	16.77%	-270.60%

Fastenal Co News

Latest updates

Fastenal Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.8%	1,895	1,759	1,846	1,883	1,859	1,696	1,802	1,779	1,704	1,532	1,554	1,508	1,417	1,358	1,413	1,509	1,367	1,277	1,379	1,368	1,309
Gross Profit	7.8%	862	799	848	858	850	768	827	828	793	713	720	701	643	619	641	672	637	598	651	641	625
S&GA Expenses	5.8%	471	446	461	463	457	435	447	444	435	412	402	383	363	354	351	356	366	359	369	367	364
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 Expenses	5.3%	2.00	2.00	2.00	3.00	4.00	5.00	4.00	3.00	2.00	2.00	2.00	3.00	2.00	3.00	3.00	2.00	2.00	3.00	4.00	4.00	4.00
Income Taxes	4.8%	92.00	88.00	90.00	95.00	95.00	83.00	91.00	94.00	86.00	67.00	73.00	76.00	67.00	66.00	66.00	75.00	67.00	58.00	65.00	67.00	63.00
Earnings Before Taxes	10.0%	390	354	385	393	390	328	375	381	356	299	316	315	278	262	288	314	269	236	278	271	258
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 Income	11.7%	298	266	296	298	295	246	285	287	270	231	244	240	211	196	222	239	203	179	214	205	194
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%	285	318	341	246	355	259	210	104	195	115	120	137	242	276	256	210	192	190	196	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.6%	4,533	4,463	4,597	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
Current Assets	2.1%	3,084	3,021	3,148	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
Cash Equivalents	7.1%	237	221	298	244	240	230	232	248	234	236	251	322	334	246	332	202	161	175	191	175	185
Inventory	-1.7%	1,496	1,523	1,514	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
Net PPE	0.2%	1,013	1,011	1,012	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
Current Liabilities	-3.5%	638	661	668	737	863	790	803	849	746	682	663	650	661	613	603	631	580	545	555	528	555
Long Term Debt	0%	200	200	200	200	200	353	405	310	330	330	330	365	365	365	365	405	450	342	442	497	485
LT Debt, Current	-100.0%	-	60.00	60.00	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
LT Debt, Non Current	-100.0%	-	200	200	200	200	353	405	310	330	330	330	365	365	365	365	405	450	342	442	497	485
Shareholder's Equity	2.4%	3,429	3,349	3,467	6.00	11.00	3,163	3,161	3,172	6.00	3,042	2,965	76.00	67.00	2,733	2,886	2,789	24.00	2,634	2,586	46.00	2,397
Retained Earnings	2.2%	3,431	3,357	3,508	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
Additional Paid-In Capital	43.4%	59.00	41.00	25.00	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
Shares Outstanding	0.1%	573	572	571	571	571	571	575	576	576	575	575	575	574	574	574	574	574	574	573	-	-
Float	-	-	-	-	33,638	-	-	-	28,636	-	-	-	29,835	-	-	-	24,488	-	-	-	18,623	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-5.2%	335,600	354,000	388,100	302,100	388,500	301,900	257,900	151,200	230,000	156,400	167,400	171,500	274,800	321,000	289,000	250,700	241,100	252,400	257,300	128,100	204,900
Share Based Compensation	17.6%	2,000	1,700	1,800	1,900	1,900	2,800	1,400	1,500	1,500	1,300	1,400	1,400	1,500	1,400	1,400	1,300	1,600	1,400	1,400	1,300	1,600
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 Financing	33.6%	-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%	-	417,300	199,800	199,900	199,800	176,900	177,500	178,500	178,400	161,100	161,000	160,800	160,800	373,200	143,400	143,200	143,600	126,300	126,200	123,100	123,000
Buy Backs	-	-	-	-	-	-	93,200	95,300	49,300	-	-	-	-	-	-	-	-	52,000	-	-	-	-

FAST Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 1,895.1	$ 1,859.1
Cost of sales	1,033.5	1,009.1
Gross profit	861.6	850.0
Selling, general, and administrative expenses	471.4	456.8
Operating income	390.2	393.2
Interest income	1.6	0.4
Interest expense	(2.0)	(3.9)
Income before income taxes	389.8	389.7
Income tax expense	92.1	94.6
Net income	$ 297.7	$ 295.1
Basic net income per share (in dollars per share)	$ 0.52	$ 0.52
Diluted net income per share (in dollars per share)	$ 0.52	$ 0.52
Basic weighted average shares outstanding (in shares)	572,339,493	570,928,848
Diluted weighted average shares outstanding (in shares)	574,090,707	572,632,589

FAST Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 237.1	$ 221.3
Trade accounts receivable, net of allowance for credit losses of $4.8 and $6.4, respectively	1,213.2	1,087.6
Inventories	1,496.3	1,522.7
Prepaid income taxes	0.0	17.5
Other current assets	136.9	171.8
Total current assets	3,083.5	3,020.9
Property and equipment, net	1,013.0	1,011.1
Operating lease right-of-use assets	278.1	270.2
Other assets	158.1	160.7
Total assets	4,532.7	4,462.9
Current liabilities:
Current portion of debt	0.0	60.0
Accounts payable	276.0	264.1
Accrued expenses	207.5	241.0
Current portion of operating lease liabilities	97.4	96.2
Income taxes payable	57.0	0.0
Total current liabilities	637.9	661.3
Long-term debt	200.0	200.0
Operating lease liabilities	186.0	178.8
Deferred income taxes	73.8	73.0
Other long-term liabilities	5.8	1.0
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, 572,525,495 and 571,982,367 shares issued and outstanding, respectively	5.7	5.7
Additional paid-in capital	58.8	41.0
Retained earnings	3,431.4	3,356.9
Accumulated other comprehensive loss	(66.7)	(54.8)
Total stockholders' equity	3,429.2	3,348.8
Total liabilities and stockholders' equity	$ 4,532.7	$ 4,462.9

About Fastenal Co

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	Mr. Daniel L. Florness
WEBSITE	fastenal.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	20631

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 Thu Apr 18 2024, market cap of Fastenal Co is 38.65 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 Thu Apr 18 2024, FAST's PE ratio (Price to Earnings) is 33.39 and Price to Sales (PS) ratio is 5.23. 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 0.131 (multiply by 100 for percentage) rate of return.