Earnings summaries and quarterly performance for FASTENAL.
Executive leadership at FASTENAL.
Daniel L. Florness
Detailed
Chief Executive Officer
CEO
CS
Charles S. Miller
Detailed
Senior Executive Vice President - Sales
JM
Jeffery M. Watts
Detailed
President and Chief Sales Officer
MH
Max H. Tunnicliff
Detailed
Chief Financial Officer and Senior Executive Vice President
SA
Sheryl A. Lisowski
Detailed
Executive Vice President - Chief Accounting Officer and Treasurer
WJ
William J. Drazkowski
Detailed
Executive Vice President - Sales
Board of directors at FASTENAL.
BD
Brady D. Ericson
Detailed
Director
DL
Daniel L. Johnson
Detailed
Director
HS
Hsenghung Sam Hsu
Detailed
Director
IA
Irene A. Quarshie
Detailed
Director
MJ
Michael J. Ancius
Detailed
Director
RK
Reyne K. Wisecup
Detailed
Director
RJ
Rita J. Heise
Detailed
Director
SN
Sarah N. Nielsen
Detailed
Director
SA
Scott A. Satterlee
Detailed
Chair of the Board
SL
Stephen L. Eastman
Detailed
Director
Research analysts who have asked questions during FASTENAL earnings calls.
Christopher Snyder
Morgan Stanley
3 questions for FAST
Also covers: ALH, ALLE, AME +20 more
David Manthey
Robert W. Baird & Co. Incorporated
3 questions for FAST
Also covers: AIT, BECN, BLDR +13 more
RM
Ryan Merkel
William Blair & Company
3 questions for FAST
Also covers: AAON, AYI, AZEK +15 more
SV
Stephen Volkmann
Jefferies
3 questions for FAST
Also covers: AGCO, CARR, CAT +20 more
Thomas Moll
Stephens Inc.
3 questions for FAST
Also covers: CARR, CGNX, DGII +13 more
Christopher Dankert
Loop Capital Markets
1 question for FAST
Also covers: AIT, ATKR, BDC +10 more
Kenneth Newman
KeyBanc Capital Markets
1 question for FAST
Also covers: AIT, BOOM, CGNX +10 more
NC
Nigel Coe
Wolfe Research, LLC
1 question for FAST
Also covers: AME, CARR, CNM +27 more
PB
Patrick Baumann
JPMorgan Chase & Co.
1 question for FAST
Also covers: ATS, CNM, GWW +5 more
RC
Ryan Cooke
William Blair & Company
1 question for FAST
Also covers: FERG, GWW, MSM
Tommy Moll
Stephens Inc.
1 question for FAST
Also covers: CGNX, DGII, DSGR +9 more
Recent press releases and 8-K filings for FAST.
Fastenal announces CEO transition
FAST
CEO Change
Management Change
- On December 19, 2025, CEO Dan L. Florness announced he will step down on July 16, 2026, and the Board appointed Jeffery M. Watts as his successor.
- Florness, who joined Fastenal in 1996 and served as CEO since 2016, will serve as Strategic Advisor through early 2028 and resign from the Board upon stepping down.
- The Board’s orderly succession plan, initiated in August 2024 when Watts became President, underscores confidence in his leadership as he prepares to assume the CEO role.
3 days ago
Stingray reports Q2 fiscal 2026 results
FAST
Earnings
Dividends
M&A
- Revenues rose 21.0% to $113.3 M, driven by Broadcast and FAST channel growth.
- Adjusted EBITDA increased 16.3% to $39.5 M (34.9% margin).
- Net income more than doubled to $11.8 M, or $0.17 per diluted share.
- Operating cash flow climbed to $24.3 M, while adjusted free cash flow reached $28.4 M.
- Declared a 13.3% dividend increase to $0.085/share, repurchased 311,500 shares for $3.1 M, and secured a US$150 M term loan to finance the TuneIn acquisition.
Nov 11, 2025, 10:30 PM
Fastenal reports Q3 2025 earnings
FAST
Earnings
Dividends
- Net sales increased 11.7% year-over-year to $2,133.3 million in Q3 2025, and nine-month sales rose 7.9% to $6,173.1 million.
- Net income was $335.5 million, up 12.6%, with diluted EPS of $0.29 versus $0.26 a year ago.
- Gross profit margin expanded to 45.3% from 44.9%, and operating margin improved to 20.7% from 20.3%.
- Operating cash flow of $386.9 million covered 115.3% of net income; the company returned $252.5 million in dividends and reduced total debt to $195.0 million (4.8% of capital).
Oct 14, 2025, 1:20 PM
Fastenal reports Q3 2025 earnings results
FAST
Earnings
Dividends
- Net sales rose 11.7%, driven by market share gains and new contract signings; pricing contributed 240–270 bps.
- EPS increased to $0.29, up 12.3% year-over-year.
- Gross margin expanded to 45.3% and operating margin to 20.7%.
- Operating cash flow was $386.9 million (115.3% of net income); declared a $0.22 dividend for 4Q25 and plans to return over $1 billion in dividends in 2025.
Oct 13, 2025, 2:00 PM
Fastenal reports Q3 2025 earnings
FAST
Earnings
- Net sales reached $2,133.3 million, up 11.7% year-over-year; daily sales rate rose to $33.3 million (11.7% growth).
- Net income was $335.5 million, a 12.6% increase, and diluted EPS grew to $0.29 from $0.26.
- Gross profit margin expanded to 45.3% (from 44.9%) and operating margin improved to 20.7% (from 20.3%).
- Operating cash flow totaled $386.9 million, up 30.3%, representing 115.3% of net income.
Oct 13, 2025, 10:50 AM
Fastenal announces Q3 2025 dividend
FAST
Dividends
Share Buyback
- Board declared a $0.22 per share cash dividend for Q3 2025, payable August 26, 2025 to shareholders of record July 29, 2025.
- Year-to-date 2025 regular dividends were $0.215 in Q1 and $0.220 in Q2, totaling $0.655 per share.
- 2025 dividends paid to date amounted to $751.5 million, and the company did not repurchase any shares in Q2 2025.
- All share and per-share figures reflect the two-for-one stock split effective May 21, 2025.
Jul 11, 2025, 8:05 PM
Fastenal Announces Corporate Actions & Operational Milestones
FAST
Proxy Vote Outcomes
Auditor Change
Board Change
New Projects/Investments
- Fastenal announces a two-for-one forward stock split of Common Stock, effective at the close of business on May 21, 2025 (record date May 5, 2025), with adjustments to equity compensation plans—celebrated as a recognition of long-term employee commitment and shareholder value [doc index 5] .
- The company updated its Restated Articles of Incorporation to reflect a revised share structure post-split [doc index 1] [doc index 2].
- Significant operational milestones were achieved, including 130,000 FMI device installs and the opening of a new 100,000+ sq ft facility in Monterrey .
- Strategic digital advancements were unveiled, incorporating AI-driven quoting tools, replatforming the FAST 360 portal, modernizing the FASTCrib system, and launching an employee engagement application .
- At its Annual Meeting, shareholders approved director elections and ratified PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2025 [doc index 6].
Apr 25, 2025, 12:00 AM
Fastenal AGM 2025 ratifies auditor and approves governance measures
FAST
Auditor Change
Board Change
Executive Compensation
- Fastenal’s AGM ratified the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm for fiscal year 2025.
- Shareholders re-elected the full slate of 11 board nominees and approved the company’s executive compensation on an advisory basis.
- CEO Dan Florness reported a record 130,000 FMI device deployments across 20,000 customers and the opening of a 100,000+ sq ft facility in Monterrey, Mexico.
- President Jeff Watts outlined a strategic plan centered on AI-driven analytics, enhanced e-commerce, and upgrades to Fast 360 and FastCrib platforms.
Apr 24, 2025, 3:00 PM
Fastenal Q1 2025 Earnings & Operational Update
FAST
Earnings
Demand Weakening
Revenue Acceleration/Inflection
Dividends
- Net sales reached $1,959.4 million in Q1 2025, up 3.4% YoY with daily sales growing by 5.0% despite sluggish end-market demand .
- Recorded operating income of $393.9 million (20.1% margin) and net income of $298.7 million, with diluted EPS of $0.52 .
- Operating margin declined from 20.6% in Q1 2024 to 20.1% in Q1 2025, and gross margin slipped from 45.5% to 45.1% due to cost pressures, one less selling day, and product mix changes .
- Management implemented tariff-related pricing actions, projecting a 3-4% impact in Q2, and increased inventories by 11.9% to support supply chain needs .
- Distributed $246.7 million in dividends this quarter and raised the quarterly dividend to $0.44, setting a pace to return over $1B to shareholders in 2025 .
- A modest rise in SG&A expenses amid challenging market conditions underscores a period of cautious yet steady growth .
Apr 11, 2025, 2:01 PM
Fastenal Appoints Interim CFO
FAST
CFO Change
Executive Compensation
Management Change
- Sheryl A. Lisowski has been named interim Chief Financial Officer, effective April 17, 2025, while retaining her role as Executive Vice President – Chief Accounting Officer and Treasurer.
- Her base salary will increase from $320,000 to $440,000 with a new quarterly cash incentive bonus tied to company performance.
- The report, filed on April 10, 2025, reflects a significant management change by the Fastenal Board.
Apr 10, 2025, 12:00 AM
Quarterly earnings call transcripts for FASTENAL.
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