analyzeportfolio
Nasdaq · Consumer Discretionary

FASTENAL CO (FAST)

As-reported financials and SEC filings for FASTENAL CO. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About FASTENAL CO

Fastenal is a company that supplies industrial and construction products through a global network of locations. It offers a range of products including threaded fasteners and uses various service models such as managed inventory programs, vending devices, and eBusiness solutions to serve primarily business customers. Fastenal operates thousands of customer sites worldwide and supports its operations with multiple distribution centers.

Snapshot

Revenue
$8.20B
Revenue growth (YoY)
8.7%
Net income
$1.26B
Diluted EPS
$1.09
Gross margin
45.0%
Operating margin
20.2%
Net margin
15.3%
FCF margin
12.8%
ROE
31.9%
net income / fiscal-year-end equity
P/E
41.7×
trailing when available, otherwise FY EPS
Market cap
$55.94B
Long-term debt / equity
0.03×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Fastenal

  • Revenue grew 8.7% to $8.2B in FY2025, faster than the 2.7% the year before.
  • Operating margin is 20.2% in FY2025, -0.1 pp against 20.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $2.4B, up 14.7% from Q2 FY2025.
  • Free cash flow was $1.1B in FY2025, 12.8% of revenue.
  • Net income rose 9.4% to $1.3B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Fastenal’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin45.0%
71st percentile of 275
Operating margin20.2%
92nd percentile of 348
Net margin15.3%
93rd percentile of 377
FCF margin12.8%
87th percentile of 351
Revenue growth (YoY)+8.7%
72nd percentile of 394
ROE31.9%
85th percentile of 343
P/E41.7×
87th percentile of 249
Long-term debt / equity0.03×
11th percentile of 234
Short interest3.96d
51st percentile of 401

Fastenal’s net margin of 15.3% ranks in the 93rd percentile of the 377 Consumer Discretionary companies reporting it. Fastenal’s operating margin of 20.2% ranks in the 92nd percentile of the 348 Consumer Discretionary companies reporting it. Fastenal’s long-term debt to equity of 0.03 ranks in the 11th percentile of the 234 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $2.5M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$398.5M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$134.3M2.8MAdded
AQR Capital ManagementquantQ2 2026$116.8M2.5MAdded
Citadel AdvisorsquantQ2 2026$94.8M2.0MAdded
Gotham Asset ManagementQ2 2026$27.3M567.5KReduced
D. E. ShawquantQ2 2026$17.4M362.8KAdded
Two Sigma InvestmentsquantQ2 2026$5.1M105.3KAdded
Renaissance TechnologiesquantQ2 2026$2.8M59.2KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
6
$2.5M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-13
filed 2026-08-17
Papenfuss Donnalee KathleenEVP-Strategy and CommunicationSell7.9K$51.38$406K
2026-08-13
filed 2026-08-17
Papenfuss Donnalee KathleenEVP-Strategy and CommunicationSell1.4K$51.42$70K
2026-08-10
filed 2026-08-11
Ancius Michael JDirectorSell3.0K$52.00$156K
2026-08-05
filed 2026-08-06
Heise Rita J.DirectorSell25.0K$50.05$1.2M
2026-08-05
filed 2026-08-06
Heise Rita J.DirectorSell10.0K$50.05$501K
2026-07-28
filed 2026-07-29
Ancius Michael JDirectorSell3.0K$49.00$147K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
31.2M
settled 2026-08-14
Change vs prior
-13.1%
vs previous settlement
Days to cover
3.96
at avg daily volume
Avg daily volume
7.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1431.2M-13.1%3.96
2026-07-3135.9M+14.1%4.32
2026-07-1531.5M+1.9%3.40
2026-06-3030.9M-1.3%3.75
2026-06-1531.3M+10.1%4.81
2026-05-2928.5M+1.1%4.12
2026-05-1528.2M+14.8%4.35
2026-04-3024.5M+1.1%3.97

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$8.20B$7.55B$7.35B$6.98B$6.01B
Gross profit$3.69B$3.40B$3.35B$3.22B$2.78B
Operating income$1.66B$1.51B$1.53B$1.45B$1.22B
Net income$1.26B$1.15B$1.16B$1.09B$925.0M
Diluted EPS$1.09$1.00$1.01$0.94$0.80

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$276.8M$255.8M$221.3M$230.1M$236.2M
Current assets$3.47B$3.21B$3.02B$3.12B$2.86B
Total assets$5.05B$4.70B$4.46B$4.55B$4.30B
Current liabilities$715.6M$687.1M$661.3M$789.8M$682.2M
Long-term debt$100.0M$125.0M$200.0M$353.2M$330.0M
Total liabilities$1.11B$1.08B$1.11B$1.39B$1.26B
Total equity$3.94B$3.62B$3.35B$3.16B$3.04B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.30B$1.17B$1.43B$941.0M$770.1M
Capital expenditure$245.3M$226.5M$172.8M$173.8M$156.6M
Free cash flow$1.05B$946.8M$1.26B$767.2M$613.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.39B14.7%$382.8M$0.33
Q1 FY2026$2.20B12.4%$339.8M$0.30
Q4 FY2025$2.03B11.1%$294.0M$0.26
Q3 FY2025$2.13B11.7%$335.5M$0.29
Q2 FY2025$2.08B8.6%$330.3M$0.29
Q1 FY2025$1.96B3.4%$298.7M$0.26
Q4 FY2024$1.82B3.7%$262.1M$0.23
Q3 FY2024$1.91B3.5%$298.1M$0.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Building Materials, Hardware, Garden Supply
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK815556

Selected SEC filings

10-K2026-02-05
View on EDGAR →
10-K2025-02-06
View on EDGAR →
10-Q2026-07-16
View on EDGAR →
10-Q2026-04-16
View on EDGAR →
10-Q2025-10-16
View on EDGAR →
10-Q2025-07-17
View on EDGAR →
8-K/A2026-07-16
View on EDGAR →
8-K2026-07-14
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

Monitor FAST

Get an alert when Fastenal files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor FAST free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.