- Industrial - Distribution
- Industrials
-
2.01
EPS
-
34.97
P/E
-
40.3B
MARKET CAP
-
2.70%
DIV YIELD
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
News
Interpreting Fastenal (FAST) International Revenue Trends
2 monthsEvaluate Fastenal's (FAST) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
zacks.comIs This Industrial Stock a Buy After Recent Earnings Boost?
2 monthsFastenal'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.comThe Smartest Dividend Stocks to Buy With $1,000 Right Now
2 monthsPepsiCo 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.comWhat Fastenal (FAST) Better-Than-Expected Earnings Reveal About the Industrials Sector
2 monthsFastenal (FAST) shares move higher after better-than-expected 2Q earnings. Steve Volkmann and Christopher P.
youtube.comFastenal (FAST) Q2 Earnings Meet Estimates, Net Sales Miss
2 monthsFastenal'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.comFastenal Company (FAST) Q2 2024 Earnings Call Transcript
2 monthsFastenal 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.comFastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
2 monthsFastenal 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.comFastenal Stock Headed for Best Day Since January
2 monthsShares 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.comFastenal (FAST) Reports Q2 Earnings: What Key Metrics Have to Say
2 monthsThe 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.comFastenal Stock Climbs as Sales Rise
2 monthsShares 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.comJeff Watts Promoted to President and Chief Sales Officer of Fastenal, Dan Florness to Continue as CEO
2 monthsWINONA, 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.comFastenal (FAST) Q2 Earnings Match Estimates
2 monthsFastenal (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.
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