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Fastenal Co (FAST) Financials

FAST
Trailing 12 months to June 30, 2026
Revenue $8.7B +12.5% YoY
Net Income $1.4B +13.7% YoY
EPS (Diluted) $1.17 YoY not available
Free Cash Flow $1.2B +32.0% YoY
Market Cap $58.2B as of Oct 3, 2026
Price / Sales 6.7x on $8.7B revenue, trailing 12 months to June 30, 2026
Price / Earnings 43.1x on $1.4B net income, trailing 12 months to June 30, 2026
Price / Book 14.3x on $4.1B equity, Q2 FY2026

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.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

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).

Rhea AI FAST FY2025

Fastenal converts steady sales growth into cash while maintaining minimal leverage and funding expansion without heavy borrowing.

Revenue rose 8.7% from FY2024 to FY2025 while operating cash flow rose 10.4%; 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 45.0% in FY2025 versus 45.1% in FY2024, so product-level economics were essentially stable. Operating margin moved from 20.0% to 20.2%, a modest improvement that points to expense absorption rather than a major mix change.

Long-term debt fell from $125M in FY2024 to $100M in FY2025, leaving the company increasingly funded by equity and operations rather than borrowing. The current ratio rose from 4.7x to 4.9x, reinforcing that short-term obligations are small relative to current resources.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 83 / 100
Financial Health Score 83/100

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.

Profitability
91

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.

Growth
53

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.

Leverage
91

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.

Liquidity
91

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.

Cash Flow
75

Fastenal Co converts 12.8% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 75/100.

Returns
98

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.

Altman Z-Score Safe
35.93

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.

Piotroski F-Score Strong
7/9

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.

Earnings Quality Cash-Backed
1.03x

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.

Interest Coverage Safe
267.05x

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

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Earnings & Revenue

Revenue
$2.4B
YoY+14.7%
QoQ+8.4%
5Y CAGR+9.6%
10Y CAGR+8.9%

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%.

EBITDA
$547.3M
YoY+13.7%
QoQ+11.2%
5Y CAGR+8.7%

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%.

Net Income
$382.8M
YoY+15.9%
QoQ+12.7%
5Y CAGR+9.8%
10Y CAGR+11.3%

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%.

EPS (Diluted)
$0.33
YoY+13.8%
QoQ+10.0%
5Y CAGR-4.7%
10Y CAGR-3.1%

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

Free Cash Flow
$201.6M
YoY-3.7%
QoQ-36.9%
5Y CAGR+8.0%
10Y CAGR+21.8%

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%.

Cash & Debt
$204.7M
YoY-13.9%
QoQ-33.7%
5Y CAGR-8.7%
10Y CAGR+2.8%

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.

Dividends Per Share
$0.24
YoY+9.1%
QoQ0.0%
5Y CAGR-3.0%
10Y CAGR-2.2%

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.

Shares Outstanding
1.15B
YoY0.0%
QoQ0.0%
5Y CAGR+14.8%
10Y CAGR+14.8%

Fastenal Co had 1.15B shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin
44.6%
YoY-0.8pp
QoQ-0.1pp
5Y change-1.9pp
10Y change-4.9pp

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.

Operating Margin
21.0%
YoY+0.1pp
QoQ+0.7pp
5Y change-0.1pp

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.

Net Margin
16.0%
YoY+0.2pp
QoQ+0.6pp
5Y change+0.1pp
10Y change+3.1pp

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.

Return on Equity
9.4%
YoY+0.7pp
QoQ+0.9pp
5Y change+1.1pp
10Y change+2.4pp

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

Share Buybacks
$30.0M
QoQ+47.8%

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%.

Capital Expenditures
$64.1M
YoY-7.5%
QoQ+8.8%
5Y CAGR+13.1%
10Y CAGR+0.8%

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%.

R&D Spending

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.

FAST quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-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%1.15BN/A1.15B1.15B1.15BN/A1.15B

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.

FAST quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-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.

FAST quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-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$20.3MN/AN/A$0$0N/AN/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.

FAST quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin44.6%-0.8pp44.6%-0.5pp44.3%-0.5pp45.3%+0.3pp45.3%+0.3pp45.1%-0.4pp44.9%-0.6pp45.0%-1.0pp
Operating Margin21.0%+0.1pp20.3%+0.2pp18.9%+0.1pp20.7%+0.4pp21.0%+0.8pp20.1%-0.5pp18.9%-1.2pp20.3%-0.6pp
Net Margin16.0%+0.2pp15.4%+0.2pp14.5%+0.1pp15.7%+0.1pp15.9%+0.6pp15.2%-0.5pp14.4%-0.8pp15.6%-0.4pp
Return on Equity9.4%+0.7pp8.5%+0.4pp7.4%+0.2pp8.6%+0.3pp8.7%+0.3pp8.1%-0.6pp7.2%-0.7pp8.3%-0.2pp
Return on Assets7.2%+0.7pp6.5%+0.4pp5.8%+0.2pp6.6%+0.3pp6.6%+0.2pp6.1%-0.4pp5.6%-0.4pp6.3%-0.1pp
Current Ratio4.180.0x4.39+0.1x4.85+0.2x4.26-0.1x4.22-0.2x4.28-0.6x4.67+0.1x4.40-0.3x
Debt-to-Equity0.010.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x0.030.0x
Asset Turnover0.450.0x0.420.0x0.400.0x0.420.0x0.410.0x0.400.0x0.390.0x0.400.0x
FCF Margin8.5%-1.6pp14.5%+4.0pp15.2%+3.0pp15.3%+2.9pp10.1%-0.5pp10.5%-4.5pp12.2%-5.9pp12.4%-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

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%.

Fastenal Co (FAST) reported diluted earnings per share of $1.09 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fastenal Co (FAST) had EBITDA of $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Fastenal Co (FAST) had $276.8M in cash and equivalents against $100.0M in long-term debt.

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.

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.

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.

Yes, Fastenal Co (FAST) paid $0.88 per share in dividends during fiscal year 2025.

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.

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.

Fastenal Co (FAST) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Fastenal Co (FAST) had $5.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Fastenal Co (FAST) invested $245.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Fastenal Co (FAST) had 1.15B shares outstanding as of fiscal year 2025.

Fastenal Co (FAST) had a current ratio of 4.85 as of fiscal year 2025, which is generally considered healthy.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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