Full text
Earnings transcript
Read the complete earnings call transcript.
FAST
Fastenal Company
$46.3
-0.33
(-0.71%)
| Exchange: | NASDAQ |
| Market Cap: | 53.168B |
| Shares Outstanding: | 453.333M |
Delayed data
About The Company
| Sector: | Industrials | |||||
| Industry: | Industrial – Distribution | |||||
| CEO: | Daniel L. Florness | |||||
| Full Time Employees: | 21339 | |||||
| Address: |
| |||||
| 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.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 7,346,700 | 7,546,000 | 8,200,500 |
| Gross Profit | 3,354,500 | 3,401,900 | 3,691,200 |
| EBITDA | 1,706,000 | 1,690,800 | 1,655,700 |
| Operating Income | 1,528,700 | 1,510,000 | 1,655,700 |
| Net Income | 1,155,000 | 1,150,600 | 1,258,400 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 4,462,900 | 4,698,000 | 5,052,900 |
| Total Liabilities | 1,114,100 | 1,081,700 | 1,109,300 |
| Total Stockholders Equity | 3,348,800 | 3,616,300 | 3,943,600 |
| Total Debt | 535,000 | 485,400 | 441,900 |
| Cash and Cash Equivalents | 221,300 | 255,800 | 276,800 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 1,432,700 | 1,173,300 | 1,295,900 |
| Capital Expenditure | -172,800 | -226,500 | -245,300 |
| Free Cash Flow | 1,259,900 | 946,800 | 1,050,600 |
| Net Income | 1,155,000 | 1,150,600 | 1,258,400 |
| Net Change in Cash | -8,800 | 34,500 | 21,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 10,996,564.998 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 11,542,198.341 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 11,311,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 2,469,303.919 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 2,591,827.139 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 2,539,911.021 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 1,701,903.360 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 1,812,631.238 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 1,765,710.501 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 2,769,792.051 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 2,907,225.049 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 2,848,991.289 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 1.540 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 1.580 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 1.480 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 4 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 6 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: Fastenal Company reported strong financial results in its Q4 and Annual 2025 Earnings Call, with key metrics such as revenue, operating income, and net income showing consistent growth. This performance aligns with historical data from income statements, reflecting sustained profitability and operational efficiency.
- High Free Cash Flow Yield: The free cash flow yield (TTM) remains strong as per key metrics, indicating the company’s ability to generate significant cash after capital expenditures. This provides financial flexibility for dividends, debt management, and reinvestment in growth initiatives.
- Operational Discipline: The Q4 2025 earnings call highlighted disciplined cost management as a core strength, enabling the company to maintain healthy gross profit margins (TTM) and net profit margins (TTM) despite market challenges.
- Strong Balance Sheet: Balance sheet data shows a solid position with substantial cash and cash equivalents, a manageable debt-to-equity ratio (TTM), and positive retained earnings, underscoring financial stability and resilience.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates FAST intrinsic value between $19.66 – $24.26 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about FAST valuation
Is Fastenal Company (FAST) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Fastenal Company (FAST) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is FAST a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether FAST trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is FAST’s P/E ratio?
You can see FAST’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for FAST?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is FAST a good long-term investment?
Whether FAST fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
FAST
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-0.71
Trading Metrics:
| Open: | 46.2 | Previous Close: | 46.63 | |
| Day Low: | 45.88 | Day High: | 47.26 | |
| Year Low: | 35.31 | Year High: | 50.63 | |
| Price Avg 50: | 45.63 | Price Avg 200: | 44.61 | |
| Volume: | 6.956M | Average Volume: | 7.46M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeFAST full analysis
YouTube Video Transcript: Comprehensive Stock Analysis of Fastenal Company (FAST) --- **** Hey everyone, welcome back to the channel! Today, we’re diving deep into a comprehensive stock analysis of Fastenal Company, ticker symbol FAST, a major player in the industrial distribution space. If you’re looking to understand whether this stock deserves a spot in your portfolio, stick around because we’re covering everything—company background, financials, valuation, SWOT analysis, recent performance, and even an intrinsic value breakdown. Let’s get started! Don’t forget…
