A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 16, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FAST SEC filings page.
Fastenal Co (FAST) reported $8.7B in revenue over the twelve months to Jun 30, 2026, up 12.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Fastenal converts steady sales growth into cash while maintaining minimal leverage and funding expansion without heavy borrowing.
Revenue rose8.7% from FY2024 to FY2025 while operating cash flow rose10.4% ; their close alignment indicates earnings are being converted into cash rather than relying mainly on accruals. FY2025 free cash flow of$1.1B exceeded capital spending of$245M , showing that reinvestment remains modest relative to internally generated cash.
Gross margin was
Long-term debt fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Fastenal Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Fastenal Co has an operating margin of 20.2%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 91/100, reflecting efficient cost management and pricing power. This is up from 20.0% the prior year.
Fastenal Co's revenue grew 8.7% year-over-year to $8.2B, a solid pace of expansion. This earns a growth score of 53/100.
Fastenal Co carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.85, Fastenal Co holds $4.85 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.
Fastenal Co converts 12.8% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 75/100.
Fastenal Co earns a strong 31.9% return on equity (ROE), meaning it generates $32 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 98/100. This is up from 31.8% the prior year.
Fastenal Co scores 35.93, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($58.2B) relative to total liabilities ($1.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Fastenal Co passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Fastenal Co generates $1.03 in operating cash flow ($1.3B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Fastenal Co earns $267.05 in operating income for every $1 of interest expense ($1.7B vs $6.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Fastenal Co generated $2.4B in revenue in Q2 2026. This represents an increase of 14.7% from the same quarter a year earlier. Against the prior quarter it is up 8.4%.
Fastenal Co's EBITDA was $547.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 13.7% from the same quarter a year earlier. Against the prior quarter it is up 11.2%.
Fastenal Co reported $382.8M in net income in Q2 2026. This represents an increase of 15.9% from the same quarter a year earlier. Against the prior quarter it is up 12.7%.
Fastenal Co earned $0.33 per diluted share (EPS) in Q2 2026. This represents an increase of 13.8% from the same quarter a year earlier. Against the prior quarter it is up 10.0%.
Cash & Balance Sheet
Fastenal Co generated $201.6M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 3.7% from the same quarter a year earlier. Against the prior quarter it is down 36.9%.
Fastenal Co held $204.7M in cash against $50.0M in long-term debt as of Q2 2026, with $881.8M of liabilities due within a year.
Fastenal Co paid $0.24 per share in dividends in Q2 2026. This represents an increase of 9.1% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Fastenal Co's gross margin was 44.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.
Fastenal Co's operating margin was 21.0% in Q2 2026, reflecting core business profitability. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Fastenal Co's net profit margin was 16.0% in Q2 2026, showing the share of revenue converted to profit. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Fastenal Co's ROE was 9.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Capital Allocation
Fastenal Co spent $30.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 47.8%.
Fastenal Co invested $64.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 8.8%.
Not reported for Q2 2026.
FAST Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B+14.7% | $2.2B+12.4% | $2.0B+11.1% | $2.1B+11.7% | $2.1B+8.6% | $2.0B+3.4% | $1.8B+3.7% | $1.9B+3.5% |
| Cost of Revenue | $1.3B+16.3% | $1.2B+13.3% | $1.1B+12.2% | $1.2B+11.0% | $1.1B+8.1% | $1.1B+4.1% | $1.0B+4.9% | $1.1B+5.3% |
| Gross Profit | $1.1B+12.8% | $982.9M+11.2% | $898.7M+9.8% | $965.8M+12.5% | $942.8M+9.2% | $883.9M+2.6% | $818.2M+2.4% | $858.6M+1.3% |
| SG&A Expenses | $561.8M+10.9% | $535.3M+9.2% | $514.5M+8.7% | $524.3M+11.4% | $506.7M+6.3% | $490.0M+3.9% | $473.4M+6.3% | $470.5M+2.1% |
| Operating Income | $501.8M+15.1% | $447.6M+13.6% | $384.2M+11.4% | $441.5M+13.8% | $436.1M+12.7% | $393.9M+0.9% | $344.8M-2.6% | $388.1M+0.4% |
| EBITDA | $547.3M+13.7% | $492.2M+12.2% | $428.6M+10.1% | $486.5M+12.5% | $481.2M+11.8% | $438.6M+1.3% | $389.2M-2.0% | $432.5M+0.3% |
| Interest Expense | $1.2M-45.5% | $800K-52.9% | $700K-58.8% | $1.6M-11.1% | $2.2M+22.2% | $1.7M-15.0% | $1.7M-10.5% | $1.8M-14.3% |
| Income Tax | $119.3M+12.2% | $108.6M+15.0% | $90.8M+10.5% | $105.1M+17.4% | $106.3M+13.4% | $94.4M+2.5% | $82.2M-6.5% | $89.5M-0.4% |
| Net Income | $382.8M+15.9% | $339.8M+13.8% | $293.9M+12.1% | $335.5M+12.5% | $330.3M+12.8% | $298.7M+0.3% | $262.1M-1.6% | $298.1M+0.9% |
| EPS (Basic) | $0.33+13.8% | $0.30+15.4% | $0.26+18.2% | $0.29+11.5% | $0.29+11.5% | $0.26-50.0% | $0.22-52.2% | $0.26-50.0% |
| EPS (Diluted) | $0.33+13.8% | $0.30 | $0.25 | $0.29 | $0.29 | $0.26 | $0.23 | $0.26 |
| Diluted Shares (Avg) | 1.15B0.0% | 1.15B | N/A | 1.15B | 1.15B | 1.15B | N/A | 1.15B |
Not reported in any period shown, so not listed: R&D Expenses.
FAST Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.3B+5.5% | $5.2B+7.0% | $5.1B+7.6% | $5.1B+8.0% | $5.0B+9.0% | $4.9B+7.5% | $4.7B+5.3% | $4.7B+3.1% |
| Current Assets | $3.7B+6.5% | $3.6B+7.8% | $3.5B+8.1% | $3.5B+8.8% | $3.5B+10.0% | $3.4B+8.9% | $3.2B+6.3% | $3.3B+3.6% |
| Cash & Equivalents | $204.7M-13.9% | $308.6M+33.1% | $276.8M+8.2% | $288.1M-1.4% | $237.8M-6.9% | $231.8M-2.2% | $255.8M+15.6% | $292.2M-1.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.7B+0.5% | $1.7B+1.1% | $1.7B+6.3% | $1.7B+10.5% | $1.7B+14.7% | $1.7B+11.9% | $1.6B+8.0% | $1.6B+3.0% |
| Accounts Receivable | $1.6B+17.6% | $1.4B+13.0% | $1.2B+12.3% | $1.3B+12.2% | $1.3B+9.9% | $1.3B+5.4% | $1.1B+1.9% | $1.2B+2.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.2B+1.3% | $1.2B+3.4% | $1.1B+2.6% | $1.2B+7.1% | $1.2B+9.1% | $1.2B+7.0% | $1.1B-2.9% | $1.1B+1.0% |
| Current Liabilities | $881.8M+7.5% | $824.1M+5.0% | $715.6M+4.1% | $832.7M+12.3% | $820.3M+14.4% | $785.2M+23.1% | $687.1M+3.9% | $741.6M+11.0% |
| Non-Current Liabilities | $342.9M-11.7% | $396.2M+0.2% | $393.7M-0.2% | $389.1M-2.6% | $388.5M-0.6% | $395.4M-15.1% | $394.6M-12.9% | $399.4M-13.6% |
| Long-Term Debt | $50.0M-50.0% | $100.0M-20.0% | $100.0M-20.0% | $100.0M-20.0% | $100.0M-20.0% | $125.0M-37.5% | $125.0M-37.5% | $125.0M-37.5% |
| Total Equity | $4.1B+6.9% | $4.0B+8.1% | $3.9B+9.1% | $3.9B+8.3% | $3.8B+8.9% | $3.7B+7.6% | $3.6B+8.0% | $3.6B+3.8% |
| Retained Earnings | $4.0B+7.9% | $3.9B+7.3% | $3.9B+7.0% | $3.8B+7.0% | $3.7B+6.9% | $3.7B+6.8% | $3.6B+7.6% | $3.6B+1.9% |
Not reported in any period shown, so not listed: Goodwill.
FAST Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $265.7M-4.6% | $378.4M+44.3% | $368.1M+30.2% | $386.9M+30.3% | $278.6M+8.0% | $262.2M-21.9% | $282.8M-20.1% | $296.9M-23.5% |
| Depreciation & Amortization | $45.5M+0.9% | $44.6M-0.2% | $44.4M0.0% | $45.0M+1.4% | $45.1M+3.2% | $44.7M+4.2% | $44.4M+2.8% | $44.4M-0.7% |
| Stock-Based Compensation | $2.6M+30.0% | $2.6M+30.0% | N/A | $2.1M+5.0% | $2.0M0.0% | $2.0M0.0% | N/A | $2.0M+11.1% |
| Capital Expenditures | $64.1M-7.5% | $58.9M+5.7% | $60.0M-0.3% | $60.3M+1.5% | $69.3M+23.5% | $55.7M+9.6% | $60.2M+65.8% | $59.4M+26.7% |
| Free Cash Flow | $201.6M-3.7% | $319.5M+54.7% | $308.1M+38.4% | $326.6M+37.5% | $209.3M+3.7% | $206.5M-27.5% | $222.6M-29.9% | $237.5M-30.4% |
| Investing Cash Flow | -$62.5M+3.0% | -$57.6M-7.1% | -$57.9M-0.7% | -$54.8M+2.0% | -$64.4M-22.2% | -$53.8M-11.2% | -$57.5M-74.2% | -$55.9M-30.0% |
| Financing Cash Flow | -$307.6M-42.1% | -$288.3M-22.4% | -$322.2M-28.8% | -$280.9M-33.3% | -$216.4M-16.7% | -$235.5M+11.9% | -$250.1M+37.9% | -$210.7M+26.6% |
| Dividends Paid | $275.4M+9.1% | $275.6M+11.7% | $252.6M+13.1% | $252.5M+13.0% | $252.5M+13.1% | $246.7M+10.5% | $223.4M-46.5% | $223.4M+11.8% |
| Share Buybacks | $30.0M | $20.3M | N/A | N/A | $0 | $0 | N/A | N/A |
FAST Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.6%-0.8pp | 44.6%-0.5pp | 44.3%-0.5pp | 45.3%+0.3pp | 45.3%+0.3pp | 45.1%-0.4pp | 44.9%-0.6pp | 45.0%-1.0pp |
| Operating Margin | 21.0%+0.1pp | 20.3%+0.2pp | 18.9%+0.1pp | 20.7%+0.4pp | 21.0%+0.8pp | 20.1%-0.5pp | 18.9%-1.2pp | 20.3%-0.6pp |
| Net Margin | 16.0%+0.2pp | 15.4%+0.2pp | 14.5%+0.1pp | 15.7%+0.1pp | 15.9%+0.6pp | 15.2%-0.5pp | 14.4%-0.8pp | 15.6%-0.4pp |
| Return on Equity | 9.4%+0.7pp | 8.5%+0.4pp | 7.4%+0.2pp | 8.6%+0.3pp | 8.7%+0.3pp | 8.1%-0.6pp | 7.2%-0.7pp | 8.3%-0.2pp |
| Return on Assets | 7.2%+0.7pp | 6.5%+0.4pp | 5.8%+0.2pp | 6.6%+0.3pp | 6.6%+0.2pp | 6.1%-0.4pp | 5.6%-0.4pp | 6.3%-0.1pp |
| Current Ratio | 4.180.0x | 4.39+0.1x | 4.85+0.2x | 4.26-0.1x | 4.22-0.2x | 4.28-0.6x | 4.67+0.1x | 4.40-0.3x |
| Debt-to-Equity | 0.010.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
| Asset Turnover | 0.450.0x | 0.420.0x | 0.400.0x | 0.420.0x | 0.410.0x | 0.400.0x | 0.390.0x | 0.400.0x |
| FCF Margin | 8.5%-1.6pp | 14.5%+4.0pp | 15.2%+3.0pp | 15.3%+2.9pp | 10.1%-0.5pp | 10.5%-4.5pp | 12.2%-5.9pp | 12.4%-6.0pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Fastenal Co FAST | FY2025 | $8.2B | $1.3B | 15.3% | $58.2B | 83/100 |
| W.W. Grainger, Inc. GWW | FY2025 | $17.9B | $1.7B | 9.5% | $60.3B | 70/100 |
| Ferguson Enterprises Inc. FERG | FY2025 | $30.8B | $1.9B | 6.0% | $43.2B | 58/100 |
| Watsco, Inc. WSO | FY2025 | $7.2B | $587.6M | 8.1% | $12.3B | 72/100 |
| Pool Corporation POOL | FY2025 | $5.3B | $406.4M | 7.7% | $5.9B | 58/100 |
| QXO, Inc. QXO | FY2025 | $6.8M | -$279K | -4.1% | $12.5B | 21/100 |
Where Fastenal Co Ranks
Frequently Asked Questions
What is Fastenal Co's annual revenue?
Fastenal Co (FAST) reported $8.2B in total revenue for fiscal year 2025. This represents a 8.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fastenal Co's revenue growing?
Fastenal Co (FAST) revenue grew by 8.7% year-over-year, from $7.5B to $8.2B in fiscal year 2025.
Is Fastenal Co profitable?
Yes, Fastenal Co (FAST) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 15.3%.
What is Fastenal Co's EBITDA?
Fastenal Co (FAST) had EBITDA of $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Fastenal Co have?
As of fiscal year 2025, Fastenal Co (FAST) had $276.8M in cash and equivalents against $100.0M in long-term debt.
What is Fastenal Co's gross margin?
Fastenal Co (FAST) had a gross margin of 45.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Fastenal Co's operating margin?
Fastenal Co (FAST) had an operating margin of 20.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Fastenal Co's net profit margin?
Fastenal Co (FAST) had a net profit margin of 15.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Fastenal Co pay dividends?
Yes, Fastenal Co (FAST) paid $0.88 per share in dividends during fiscal year 2025.
What is Fastenal Co's return on equity (ROE)?
Fastenal Co (FAST) has a return on equity of 31.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Fastenal Co's free cash flow?
Fastenal Co (FAST) generated $1.1B in free cash flow during fiscal year 2025. This represents a 11.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Fastenal Co's operating cash flow?
Fastenal Co (FAST) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Fastenal Co's total assets?
Fastenal Co (FAST) had $5.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Fastenal Co's capital expenditures?
Fastenal Co (FAST) invested $245.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Fastenal Co's current ratio?
Fastenal Co (FAST) had a current ratio of 4.85 as of fiscal year 2025, which is generally considered healthy.
What is Fastenal Co's debt-to-equity ratio?
Fastenal Co (FAST) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fastenal Co's return on assets (ROA)?
Fastenal Co (FAST) had a return on assets of 24.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Fastenal Co's P/E ratio?
Fastenal Co (FAST) trades at 43.1x earnings, its market capitalization divided by net income of $1.4B net income, trailing 12 months to June 30, 2026. The market capitalization is $58.2B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Fastenal Co's price-to-sales ratio?
Fastenal Co (FAST) trades at 6.7x sales, its market capitalization divided by revenue of $8.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $58.2B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Fastenal Co's Altman Z-Score?
Fastenal Co (FAST) has an Altman Z-Score of 35.93, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Fastenal Co's Piotroski F-Score?
Fastenal Co (FAST) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fastenal Co's earnings high quality?
Fastenal Co (FAST) has an earnings quality ratio of 1.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Fastenal Co cover its interest payments?
Fastenal Co (FAST) has an interest coverage ratio of 267.05x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Fastenal Co?
Fastenal Co (FAST) scores 83 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.