Fastenal Company (FAST) Stock Analysis
Industrials · Industrial Distribution · NasdaqGS
Fastenal Company (FAST) posted $8.20B in revenue for fiscal 2025 (up 8.7% year over year), at a 15.3% net margin, and has compounded revenue about 7.7%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Fastenal Company
Fastenal Company has grown revenue from $3.96B to $8.20B over the last 10 fiscal years, compounding about 7.7% a year. The most recent year was up 8.7%, roughly in line with its longer-run pace.
Net margin sits at 15.3% on a 45% gross margin. It carries about $125.00M of total debt.
At today's valuation the market is pricing in roughly 20.8% annual free-cash-flow growth — versus the 2.4% it actually delivered over the last five years, so the price already assumes a step-up from the recent record.
Synthesised from Fastenal Company's SEC filings — descriptive, not advice. Ask the analyst your own question →
Fastenal Company revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.96B | $4.39B | $4.97B | $5.33B | $5.65B | $6.01B | $6.98B | $7.35B | $7.55B | $8.20B |
| Gross profit | $1.96B | $2.16B | $2.40B | $2.52B | $2.57B | $2.78B | $3.22B | $3.35B | $3.40B | $3.69B |
| Net income | $499.40M | $578.60M | $751.90M | $790.90M | $859.10M | $925.00M | $1.09B | $1.16B | $1.15B | $1.26B |
| Net margin | 12.6% | 13.2% | 15.1% | 14.8% | 15.2% | 15.4% | 15.6% | 15.7% | 15.2% | 15.3% |
Source: Fastenal Company SEC filings (10-K). 19 years of history available in the interactive view.
Fastenal Company: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into FAST stock?
At today's market cap of $54.75B, Fastenal Company is priced for free-cash-flow growth of about 20.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.05B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.4%/yr over the last five fiscal years and revenue 7.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Fastenal Company financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Fastenal Company financial history by metric
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About Fastenal Company
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 that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It 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; non-residential construction market; 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.
Fastenal Company — frequently asked questions
What is Fastenal Company's revenue?
Fastenal Company (FAST) reported revenue of $8.20B for fiscal year 2025, up 8.7% from the prior year, according to its SEC filings.
Is Fastenal Company profitable?
Yes. FAST earned net income of $1.26B in fiscal 2025, a net margin of 15.3%.
What is FAST's P/E ratio?
Fastenal Company trades at a price-to-earnings ratio of about 40.8 based on the latest data in our nightly-refreshed cache.
How fast is Fastenal Company growing?
FAST's revenue grew at roughly 7.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Fastenal Company have?
As of fiscal year 2025, FAST carried roughly $125.00M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Fastenal Company's gross margin?
FAST's gross margin was 45.0% in fiscal 2025 — gross profit of $3.69B on revenue of $8.20B.
What is Fastenal Company's market cap?
Fastenal Company (FAST) has a market capitalization of about $54.75B, based on the latest data in our nightly-refreshed cache.
When does Fastenal Company's fiscal year end?
FAST's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into FAST stock?
At today's market cap of $54.75B, Fastenal Company is priced for free-cash-flow growth of about 20.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.05B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.4%/yr over the last five fiscal years and revenue 7.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Fastenal Company's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.