• Industrial - Distribution
  • Industrials
Fastenal Company logo
Fastenal Company
FAST · US · NASDAQ
70.37
USD
+1.7
(2.42%)
Company Overview

2001 THEURER BLVD,WINONA MN 55987,5074545374

CEO

Mr. Daniel L. Florness

Employess

21249

Sector

Industrials

Industry

Industrial - Distribution

Website

https://www.fastenal.com

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, 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, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also 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; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves 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. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Next Earnings Date

Oct. 10, 2024

Ex Dividends date

Aug. 23, 2024

Dividend Date

July 26, 2024

YTD Performance

10.73%

Fiscal Year End

12-31

IPO Date

1987-08-20

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 8.25% 8.15% 9.17% 5.24%
EPS 10.27% 9.05% 10.43% 6.88%
Equity 6.57% 7.78% 7.01% 5.87%
Cash 14.23% 5.77% -3.43% -3.82%
Return On Capital (ROIC) 25.52% 26.90% 28.11% 31.31%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 156 294 151 134 100
Long Term Debt 200 508 486 516 490
LT Finance Leases 179 247 247 245 246
Shares Outstanding 571 574 575 574 573
Market Cap 37,000 27,200 36,800 28,000 21,200
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Interpreting Fastenal (FAST) International Revenue Trends
2 months

Evaluate Fastenal's (FAST) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

zacks.com
Is This Industrial Stock a Buy After Recent Earnings Boost?
2 months

Fastenal's NASDAQ: FAST stock price has been on the rise since it reported earnings on Friday, July 15, 2024. The industrial company's shares have been up 5.7% since then.

marketbeat.com
The Smartest Dividend Stocks to Buy With $1,000 Right Now
2 months

PepsiCo has an impressive range of brands including Pepsi-Cola, Lay's, Doritos, and Quaker. Genuine Parts supplies auo parts and supplies to customers in more than 10,000 locations.

fool.com
What Fastenal (FAST) Better-Than-Expected Earnings Reveal About the Industrials Sector
2 months

Fastenal (FAST) shares move higher after better-than-expected 2Q earnings. Steve Volkmann and Christopher P.

youtube.com
Fastenal (FAST) Q2 Earnings Meet Estimates, Net Sales Miss
2 months

Fastenal's (FAST) second-quarter 2024 results reflect unit sales growth and favorable leverage of organizational costs. Yet, unfavorable foreign exchange rates, increased expenses, and lower product pricing hurt the prospects of the company.

zacks.com
Fastenal Company (FAST) Q2 2024 Earnings Call Transcript
2 months

Fastenal Company (NASDAQ:FAST ) Q2 2024 Earnings Conference Call July 12, 2024 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting & Regulatory Compliance Manager Daniel Florness - President & CEO Holden Lewis - CFO Conference Call Participants Tommy Moll - Stephens Stephen Volkmann - Jefferies Nigel Coe - Wolfe Research David Manthey - Baird Ryan Merkel - William Blair Operator Good morning, and welcome to the Fastenal Second Quarter 2024 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.

seekingalpha.com
Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
2 months

Fastenal just reported Q2 results which came within expectations. Shares have fallen in recent months, underperforming broader markets, as well as the sector ETF. Continuing softness in the manufacturing environment has weighed on daily sales, while increased investments have impacted margins.

seekingalpha.com
Fastenal Stock Headed for Best Day Since January
2 months

Shares of Fastenal Inc (NASDAQ:FAST) are up 4% at $66.75 at last glance, after the fastener distributer's second-quarter profit results met analyst expectations, while revenue came in higher than anticipated on the back of high demand for safety supplies.

schaeffersresearch.com
Fastenal (FAST) Reports Q2 Earnings: What Key Metrics Have to Say
2 months

The headline numbers for Fastenal (FAST) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com
Fastenal Stock Climbs as Sales Rise
2 months

Shares of Fastenal (FAST) rose Friday after revenue at the distributor of fasteners, safety supplies, tools, and other commercial products increased because it had more large customers and onsite locations.

investopedia.com
Jeff Watts Promoted to President and Chief Sales Officer of Fastenal, Dan Florness to Continue as CEO
2 months

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) (the 'Company' or 'Fastenal') has appointed Jeff Watts, a 28-year Company veteran with deep global sales experience, to the position of President and Chief Sales Officer, effective August 1, 2024. Mr. Watts will assume the President role from Dan Florness, who will be voluntarily vacating the President position on the effective date. Mr. Florness will continue to serve as Fastenal's CEO and as a member of its Board of Directors. In.

businesswire.com
Fastenal (FAST) Q2 Earnings Match Estimates
2 months

Fastenal (FAST) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.52 per share a year ago.

zacks.com