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
$52.86 B
$54.43 B
Employees
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Employees
  • 23.20 K
  • 23.70 K
  • 24.49 K
  • 26.00 K
  • 26.00 K
  • 25.00 K
Y/Y
3.64%
2.16%
3.32%
0%
0%
3.85%

Income Statement

Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Revenue
  • $7.35 B
  • $7.55 B
  • $8.20 B
  • $16.48 B
  • $17.17 B
  • $17.94 B
Y/Y
5.24%
2.71%
8.67%
8.21%
4.19%
4.51%
Revenue by Products / Services
Years
  • 2015
  • 2025
Revenue by Geography
Years
  • 2025
  • 2025
Research and Development
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income
  • $1.53 B
  • $1.51 B
  • $1.66 B
  • $2.57 B
  • $2.64 B
  • $2.69 B
Y/Y
5.17%
1.22%
9.65%
15.8%
2.81%
2.05%
Tax Rate (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Tax Rate (%)
  • 24.11%
  • 23.71%
  • 23.96%
  • 23.88%
  • 23.03%
  • 25.60%
Y/Y
1.66%
1.69%
1.09%
3.85%
3.57%
11.16%
Net Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income
  • $1.16 B
  • $1.15 B
  • $1.26 B
  • $1.83 B
  • $1.91 B
  • $1.71 B
Y/Y
6.27%
0.38%
9.37%
18.23%
4.37%
10.63%
Revenue Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Revenue Per Employee
  • $325.24 K
  • $345.98 K
  • -
  • $660.31 K
  • $690.08 K
  • -
Y/Y
0.9%
6.38%
100%
4.19%
4.51%
100%
Net Income Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Net Income Per Employee
  • $49.59 K
  • $53.09 K
  • -
  • $73.42 K
  • $65.62 K
  • -
Y/Y
3.88%
7.06%
100%
4.37%
10.63%
100%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Assets
  • $4.46 B
  • $4.70 B
  • $5.05 B
  • $8.15 B
  • $8.83 B
  • $8.96 B
Y/Y
1.88%
5.27%
7.55%
7.37%
8.37%
1.51%
Total Liabilities
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Liabilities
  • $1.11 B
  • $1.08 B
  • $1.11 B
  • $4.71 B
  • $5.13 B
  • $4.82 B
Y/Y
19.58%
2.91%
2.55%
3.03%
8.92%
5.95%
Capital Expenditures (Capex)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Capital Expenditures (Capex)
  • -$172.80 M
  • -$226.50 M
  • -$245.30 M
  • -$445.00 M
  • -$541.00 M
  • -$684.00 M
Y/Y
0.58%
31.08%
8.3%
73.83%
21.57%
26.43%

Profitability

Operating Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income Margin (%)
  • 20.81%
  • 20.01%
  • 20.19%
  • 15.57%
  • 15.36%
  • 15.00%
Y/Y
0.07%
3.83%
0.9%
7.02%
1.32%
2.35%
Net Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income Margin (%)
  • 15.72%
  • 15.25%
  • 15.35%
  • 11.10%
  • 11.12%
  • 9.51%
Y/Y
0.97%
3.01%
0.64%
9.26%
0.18%
14.49%
EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
EBITDA
  • $1.71 B
  • $1.69 B
  • $1.66 B
  • $2.81 B
  • $2.90 B
  • $2.77 B
Y/Y
4.6%
0.89%
2.08%
16.76%
3.24%
4.59%
Free Cash Flow (FCF)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Free Cash Flow (FCF)
  • $1.26 B
  • $946.80 M
  • $1.05 B
  • $1.59 B
  • $1.57 B
  • $1.33 B
Y/Y
64.22%
24.85%
10.96%
47.26%
1.01%
15.22%

Ratios

Return on Equity (ROE)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Equity (ROE)
  • 34.49%
  • 31.82%
  • 0.00%
  • 58.72%
  • 56.85%
  • 41.20%
Y/Y
0.38%
7.75%
100%
7.39%
3.18%
27.53%
Return on Assets (ROA)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Assets (ROA)
  • 25.88%
  • 24.49%
  • 0.00%
  • 22.45%
  • 21.62%
  • 19.04%
Y/Y
8.31%
5.37%
100%
10.12%
3.69%
11.96%
Debt to Equity
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Debt to Equity
  • 15.98%
  • 13.42%
  • 11.21%
  • 88.35%
  • 94.79%
  • 76.38%
Y/Y
37%
15.98%
16.52%
20.31%
7.29%
19.42%

Valuation

Enterprise Value
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value
  • $37.35 B
  • $41.42 B
  • $0.00
  • $43.44 B
  • $53.69 B
  • $50.91 B
Y/Y
34.44%
10.88%
100%
41.54%
23.59%
5.18%
Enterprise value to Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to Revenue
  • 5.08
  • 5.49
  • 0.00
  • 2.64
  • 3.13
  • 2.84
Y/Y
27.74%
7.95%
100%
30.8%
18.62%
9.27%
Enterprise value to EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to EBITDA
  • 21.90
  • 24.50
  • 0.00
  • 15.48
  • 18.53
  • 20.41
Y/Y
28.52%
11.88%
100%
21.22%
19.7%
10.14%