FAST · NASDAQ · Industrial - Distribution

Fastenal (FAST)

Distributes fasteners and industrial supplies through branches and customer-site inventory systems.

$49.79
vs last close+0.13 (+0.27%)
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Fastenal CompanyFAST
Industrials

Distributes fasteners, safety products, tools, and other industrial supplies through branches, customer-site inventory programs, and digital ordering. Manufacturing drives demand, while FASTStock, FASTBin, and FASTVend embed replenishment near the point of use and most sales come from the United States.

Distributes fasteners, safety gear, tools, janitorial products, and other industrial and construction supplies, with manufacturing customers forming the core market. The network spans branches in 25 countries and is supported by distribution centers across North America, Asia, and Europe.

Combines local inventory and frequent delivery with FASTStock, FASTBin, and FASTVend, plus eBusiness, FAST360 analytics, and FASTCrib software. These systems place replenishment and usage data close to customer operations, while limited in-house manufacturing covers custom and branded fasteners.

Revenue is concentrated in the United States, and demand remains tied to manufacturing and nonresidential construction cycles. Supply for fasteners and private-label goods is concentrated in Asia, making product cost and supply-chain effectiveness dependent on cross-border trade.

Company facts

CEOJeffery M. Watts
ListedAug 20, 1987
ExchangeNASDAQ
HeadquartersWinona, MN
CountryUnited States
Employees24,489
CIK0000815556
ISINUS3119001044

Market cap$56.97B
EPS (ttm)$1.18
P/E (ttm)42.08
ROE34.0%
P/B14.00
P/S6.51
Dividend yieldDiv yield1.93%
Beta0.51vs XLI 0.91

Price target$47.00−5.3%Average of 32 analysts
ConsensusHold19 of 32 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 7, 2026Robert W. BairdTarget
Target: $50
Target: $54
Jul 16, 2026Morgan StanleyReiterate
Rating: Target: $48
Rating: Equal WeightTarget: $52
Jul 13, 2026Redburn PartnersTarget
Target:
Target: $55
Jul 9, 2026Wolfe ResearchReiterate
Rating: Target: $62
Rating: UnderperformTarget: $47
Jul 8, 2026Morgan StanleyReiterate
Rating: Target: $45
Rating: Equal WeightTarget: $48

Next report
Oct 14, 26
in 22 days
EPS estimate
$0.34
Revenue estimate
$2.44B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.23$0.26$0.29$0.29$0.26$0.30$0.33Pending
Estimate$0.48$0.26$0.28$0.30$0.26$0.30$0.33$0.34
Surprise−52.1%0.0%+2.7%−2.4%+0.3%+0.4%+0.4%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$1.82B$1.96B$2.08B$2.13B$2.03B$2.20B$2.39BPending
Estimate$1.84B$1.95B$2.07B$2.13B$2.04B$2.20B$2.34B$2.44B
Surprise−1.0%+0.4%+0.3%+0.1%−0.5%+0.2%+2.1%
Estimate$0.34
ReportedDue Oct 14, 2026
Estimate$2.44B
ReportedDue Oct 14, 2026
View details

Debt to equity10.90%
Current ratio418.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.91B$1.82B$1.96B$2.08B$2.13B$2.03B$2.20B$2.39B
Net income$298.1M$262.1M$298.7M$330.3M$335.5M$294.1M$339.8M$382.8M
Net margin15.6%14.4%15.2%15.9%15.7%14.5%15.4%16.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$388.1M$344.8M$393.9M$436.1M$441.5M$384.3M$447.6M$501.8M
YoY growth+0.4%−2.5%+0.9%+12.7%+13.8%+11.5%+13.6%+15.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $204.7M · Total debt $441.5M · Total assets $5.29B · Shareholders' equity $4.07B

Revenue
$2.39B
Operating income
$501.8M
Net income
$382.8M
View details

Dividend yield
1.93%
Next ex-date
Oct 28, 26
estimated · in 36 days
Annual dividend
$0.96
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Dividend$0.195$0.215$0.22$0.22$0.22$0.24$0.24$0.26
Annual yield2.06%2.18%2.04%1.82%2.10%2.08%2.06%2.00%
Ex-dateOct 25Jan 31Apr 25Jul 29Oct 28Jan 29Apr 28Jul 28
Payment dateNov 22Feb 28May 23Aug 26Nov 25Feb 26May 26Aug 25
View details

Institutions89.21%1.02B shares
1,507 holders · as of Jun 30, 2026
Insiders0.09%982.9K shares
17 holders · as of Aug 17, 2026
Other10.70%122.86M shares
remainder

1.15B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

1 position filed across a stock split leaves its adjustment unstated and stays out of the bar.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.26%106.30Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.53%74.92Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.66%64.89Mas of Jun 30, 2026
State Street CorpInstitution
4.92%56.44Mas of Jun 30, 2026
Charles Schwab Investment Management IncInstitution
3.74%42.89Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026Donnalee Kathleen Papenfussofficer: EVP-Strategy and Communication−9,258$51.39
Aug 10, 2026Michael J. Anciusdirector−3,000$52.00
Aug 5, 2026Rita J. Heisedirector−24,964$50.05
Jul 28, 2026Michael J. Anciusdirector−3,000$49.00
Mar 5, 2026Reyne K. Wisecupdirector−36,920$47.34
View details

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