FAST logo Fastenal Company +
Ticker
FAST
GWW
Headquarter
Winona ,MN
US
Lake Forest ,IL
US
CEO
Daniel L. Florness
Donald G. Macpherson
Industry
Industrial - Distribution
Industrial - Distribution
Stock Price
Stock Price
Market Cap
Market Cap
$55.61 B
$45.89 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 22.39 K
  • 23.20 K
  • 23.70 K
  • 26.00 K
  • 26.00 K
  • 26.00 K
Y/Y
9.16%
3.64%
2.16%
7.44%
0%
0%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $6.98 B
  • $7.35 B
  • $7.55 B
  • $15.23 B
  • $16.48 B
  • $17.17 B
Y/Y
16.13%
5.24%
2.71%
16.94%
8.21%
4.19%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $1.45 B
  • $1.53 B
  • $1.51 B
  • $2.22 B
  • $2.57 B
  • $2.64 B
Y/Y
19.4%
5.17%
1.22%
43.18%
15.8%
2.81%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 25.00%
  • 24.00%
  • 24.00%
  • 25.00%
  • 24.00%
  • 23.00%
Y/Y
4.74%
1.67%
1.66%
0.56%
3.86%
3.56%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $1.09 B
  • $1.16 B
  • $1.15 B
  • $1.55 B
  • $1.83 B
  • $1.91 B
Y/Y
17.5%
6.27%
0.38%
48.32%
18.23%
4.37%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $311.83 K
  • $316.65 K
  • $318.37 K
  • $585.69 K
  • $633.77 K
  • $660.31 K
Y/Y
6.38%
1.55%
0.54%
8.84%
8.21%
4.19%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $48.55 K
  • $49.78 K
  • $48.54 K
  • $59.50 K
  • $70.35 K
  • $73.42 K
Y/Y
7.64%
2.53%
2.49%
38.05%
18.23%
4.37%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $4.55 B
  • $4.46 B
  • $4.70 B
  • $7.59 B
  • $8.15 B
  • $8.83 B
Y/Y
5.81%
1.88%
5.27%
15.11%
7.37%
8.37%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $1.39 B
  • $1.11 B
  • $1.08 B
  • $4.85 B
  • $4.71 B
  • $5.13 B
Y/Y
10.23%
19.58%
2.91%
9.5%
3.03%
8.92%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$173.80 M
  • -$172.80 M
  • -$226.50 M
  • -$256.00 M
  • -$445.00 M
  • -$541.00 M
Y/Y
10.98%
0.58%
31.08%
0.39%
73.83%
21.57%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 20.82%
  • 20.81%
  • 20.01%
  • 14.55%
  • 15.57%
  • 15.36%
Y/Y
2.81%
0.05%
3.84%
22.47%
7.01%
1.35%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 15.57%
  • 15.72%
  • 15.25%
  • 10.16%
  • 11.10%
  • 11.12%
Y/Y
1.17%
0.96%
2.99%
26.84%
9.25%
0.18%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $1.63 B
  • $1.71 B
  • $1.69 B
  • $2.40 B
  • $2.81 B
  • $2.90 B
Y/Y
17.48%
4.6%
0.89%
38.32%
16.76%
3.24%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $767.20 M
  • $1.26 B
  • $946.80 M
  • $1.08 B
  • $1.59 B
  • $1.57 B
Y/Y
25.05%
64.22%
24.85%
57.92%
47.26%
1.01%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 34.36%
  • 34.49%
  • 31.82%
  • 63.40%
  • 58.72%
  • 56.85%
Y/Y
12.99%
0.38%
7.74%
13.91%
7.38%
3.18%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 23.90%
  • 25.88%
  • 24.49%
  • 20.39%
  • 22.45%
  • 21.62%
Y/Y
11.06%
8.28%
5.37%
28.89%
10.1%
3.7%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 25.36%
  • 15.98%
  • 13.42%
  • 110.86%
  • 88.35%
  • 94.79%
Y/Y
21.17%
36.99%
16.02%
24.78%
20.3%
7.29%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $27.78 B
  • $37.35 B
  • $41.42 B
  • $30.69 B
  • $43.44 B
  • $53.69 B
Y/Y
25.35%
34.44%
10.88%
4.34%
41.54%
23.59%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 3.98
  • 5.08
  • 5.49
  • 2.02
  • 2.64
  • 3.13
Y/Y
35.72%
27.74%
7.95%
10.78%
30.8%
18.62%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 17.04
  • 21.90
  • 24.50
  • 12.77
  • 15.48
  • 18.53
Y/Y
36.46%
28.52%
11.88%
24.57%
21.22%
19.7%