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    Fastenal Co (FAST)

    Financials

    Updated Apr 16, 2025, 5:53 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net sales (USD, millions)1,758.607,346.71,895.11,910.201,824.507,546.01,959.4
    Cost of sales (USD, millions)959.203,992.21,033.51,052.701,051.601,006.304,144.11,075.5
    Gross profit (USD, millions)799.403,354.5861.6863.50858.60818.203,401.9883.9
    Selling, general, and administrative expenses (USD, millions)445.601,825.8471.4476.60470.50473.401,891.9490.0
    Operating income (USD, millions)353.801,528.7390.2386.90388.101,510.0393.9
    Interest income (USD, millions)2.304.11.61.301.301.205.40.9
    Interest expense (USD, millions)(1.90)(10.8)(2.0)(1.80)(1.80)(1.70)(7.3)(1.7)
    Income before income taxes (USD, millions)354.201,522.0389.8386.40387.60344.301,508.1393.1
    Income tax expense (USD, millions)87.80367.092.193.7089.5082.20357.594.4
    Net income (USD, millions)266.401,155.0297.7292.70298.10262.101,150.6298.7
    Basic net income per share (USD)0.462.020.520.510.520.462.010.52
    Diluted net income per share (USD)0.472.020.520.510.520.452.000.52
    Basic weighted average shares outstanding0.20571.3572.30.200.100.10572.7573.5
    Diluted weighted average shares outstanding0.10573.0574.10.000.000.20574.3574.8
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)-------231.8
    Trade accounts receivable, net of allowance for credit losses (USD, millions)-------1,278.7
    Inventories (USD, millions)-------1,673.9
    Prepaid income taxes (USD, millions)--------
    Other current assets (USD, millions)-------173.6
    Total current assets (USD, millions)-------3,358.0
    Property and equipment, net (USD, millions)-------1,075.8
    Operating lease right-of-use assets (USD, millions)-------289.4
    Other assets (USD, millions)-------147.7
    Total assets (USD, millions)-------4,870.9
    Current portion of debt (USD, millions)-------75.0
    Accounts payable (USD, millions)-------341.1
    Accrued expenses (USD, millions)-------215.7
    Current portion of operating lease liabilities (USD, millions)-------101.4
    Total current liabilities (USD, millions)-------785.2
    Long-term debt (USD, millions)-------125.0
    Operating lease liabilities (USD, millions)-------194.4
    Deferred income taxes (USD, millions)-------69.6
    Other long-term liabilities (USD, millions)-------6.4
    Common stock (USD, millions)-------5.7
    Additional paid-in capital (USD, millions)-------101.8
    Retained earnings (USD, millions)-------3,665.5
    Accumulated other comprehensive loss (USD, millions)-------(82.7)
    Total stockholders' equity (USD, millions)-------3,690.3
    Total liabilities and stockholders' equity (USD, millions)-------4,870.9
    Income taxes payable (USD, millions)-------52.0
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Income [USD, millions]266.401,155.0297.7292.70298.10262.101,150.6298.7
    Depreciation of Property and Equipment [USD, millions]40.50166.640.241.0041.8041.70164.742.0
    (Gain) loss on Sale of Property and Equipment [USD, millions](1.60)(4.3)(0.6)(1.10)(1.30)(0.80)(3.8)(0.3)
    Bad Debt Expense (Recoveries) [USD, millions]0.802.2(0.9)0.300.401.501.31.8
    Deferred Income Taxes [USD, millions](10.7)(10.7)0.81.22.8(4.1)(4.1)0.7
    Stock-based Compensation [USD, millions]1.707.32.02.002.002.008.02.0
    Amortization of Intangible Assets [USD, millions]2.7010.72.72.702.602.7010.72.7
    Income Taxes [USD, millions](2.20)(9.4)74.5(73.50)(0.30)(2.00)(1.3)70.9
    Other, Operating Activities [USD, millions](1.60)(2.9)6.30.401.805.4013.9(6.5)
    Net Cash Provided by Operating Activities [USD, millions]354.001,432.7335.6258.00282.80262.2
    Purchases of Property and Equipment [USD, millions](36.30)(172.8)(50.8)(56.10)(60.20)(226.5)(55.7)
    Proceeds from Sale of Property and Equipment [USD, millions]3.4012.22.53.503.602.8012.41.9
    Other, Investing Activities [USD, millions](0.10)(0.6)(0.1)(0.10)(0.10)(0.10)(0.4)0.0
    Net Cash Used in Investing Activities [USD, millions](33.00)(161.2)(48.4)(52.70)(55.90)(57.50)(214.5)(53.8)
    Proceeds from Debt Obligations [USD, millions]90.00880.0160.0225.00205.00185.00775.0155.0
    Payments Against Debt Obligations [USD, millions](90.00)(1,175.0)(220.0)(190.00)(200.00)(225.00)(835.0)(155.0)
    Proceeds from Exercise of Stock Options [USD, millions]14.7030.115.82.807.7013.3039.611.2
    Cash Dividends Paid [USD, millions](417.30)(1,016.8)(223.2)(223.30)(223.40)(223.40)(893.3)(246.7)
    Net Cash Used in Financing Activities [USD, millions](402.60)(1,281.7)(267.4)(185.50)(210.70)(250.10)(913.7)(235.5)
    Effect of Exchange Rate Changes on Cash and Cash Equivalents [USD, millions]5.401.4(4.0)(1.40)6.40(11.60)(10.6)3.1
    Net Increase (Decrease) in Cash and Cash Equivalents [USD, millions](76.20)(8.8)15.818.4036.70(36.40)34.5(24.0)
    Cash Paid for Interest [USD, millions]1.9012.22.41.801.801.807.81.5
    Net Cash Paid for Income Taxes [USD, millions]95.00383.015.9165.9087.6087.10356.521.9
    Trade Accounts Receivable [USD, millions](72.3)(72.3)(127.6)(120.9)(113.5)(31.9)(31.9)(170.0)
    Inventories [USD, millions]189.1189.121.912.2(36.2)(133.9)(133.9)(26.5)
    Other Current Assets [USD, millions](6.4)(6.4)34.96.5(19.6)(11.9)(11.9)10.2
    Accounts Payable [USD, millions]8.48.415.630.740.327.527.545.3
    Accrued Expenses [USD, millions](0.6)(0.6)(31.9)(22.5)(14.8)(16.5)(16.5)(8.8)
    Cash and Cash Equivalents at Beginning of Year/Period [USD, millions]230.1230.1221.3221.3221.3221.3221.3255.8
    Cash and Cash Equivalents at End of Year/Period [USD, millions]221.3221.3237.1255.5292.2255.8255.8231.8
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Fasteners--597.0594.0577.3548.32,316.6594.7
    Tools--162.9161.0--634.9166.5
    Cutting Tools--100.5101.6--400.9103.9
    Hydraulics & Pneumatics--126.9130.3--506.6135.2
    Material Handling--104.2107.3--423.1109.8
    Janitorial Supplies--161.1168.1--665.0178.3
    Electrical Supplies--87.286.3--354.794.0
    Welding Supplies--79.682.4--316.982.3
    Safety Supplies--409.3417.7429.8418.41,675.2431.1
    Other Products--66.367.1903.1-779.9256.664.7
    Manufacturing--1,421.31,447.71,434.61,355.95,659.51,497.2
    Non-residential Construction--161.1163.9164.3152.1641.4152.9
    Other End Markets--312.7304.6311.3316.51,245.1309.3
    Private Label Brands--------
    Total Revenue1,758.67,346.71,895.11,916.21,910.21,824.57,546.01,959.4
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States1,464.86,139.81,578.91,594.11,587.21,512.96,273.11,629.4
    Canada and Mexico237.4981.9255.6263.9264.12521,035.6268.9
    Canada--------
    Other foreign countries--------
    North America Total--------
    All other foreign countries56.4225.060.658.258.959.6237.361.1
    Total Revenue1,758.67,346.71,895.11,916.21,910.21,824.57,546.01,959.4
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Selling personnel - absolute employee headcount (employees)-16,51216,76416,77416,666---
    Selling personnel - FTE employee headcount (employees)-15,07015,10215,38615,080---
    Total personnel - absolute employee headcount (employees)-23,20123,69523,62923,518---
    Total personnel - FTE employee headcount (employees)-20,72120,93521,24920,894---
    Number of branch locations (locations)-1,5971,5921,5991,597---
    Number of active Onsite locations (locations)-1,8221,8721,9341,986---
    Number of in-market locations (locations)-3,4193,4643,5333,583---
    Weighted FMI devices (MEUs)-113,138115,653119,306123,193---
    Branch openings (locations)-10034---
    Branch closures, net of conversions (locations)-(96)(5)(1)(6)---
    Onsite activations (locations)-329799693---
    Onsite closures, net of conversions (locations)-(130)(29)(34)(41)---
    Weighted FASTBin/FASTVend signings (MEUs)-24,1266,7267,1887,281---
    Signings per day (signings per day)-95105112114---
    Weighted FASTBin/FASTVend installations (MEUs)-113,138115,653119,306123,193---