FAST vs GRWG
Fastenal Co. and GrowGeneration Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FAST | GRWG |
|---|---|---|
| Revenue | $8.2B | $161.7M |
| Net income | $1.3B | $-24.0M |
| Gross margin | 45.0% | 26.8% |
| Net margin | 15.3% | −14.9% |
| Return on equity | 33.3% | −22.1% |
| Diluted EPS | $1.09 | −$0.40 |
| Dividend / share | $0.88 | · |
| Payout ratio | 79.8% | · |
| Free cash flow | $1.1B | · |
| Equity | $3.9B | $97.5M |
| Net debt / equity | −0.04× | · |
| Current ratio | 4.85× | 3.99× |
| Revenue CAGR 5y | 7.7% | −3.5% |
| Profit CAGR 5y | 7.9% | · |
FAST bills 50.7× the revenue of GRWG, and GRWG closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | FAST | GRWG |
|---|---|---|
| FY2025 | $8.2B | $161.7M |
| FY2024 | $7.5B | $188.9M |
| FY2023 | $7.3B | $225.9M |
| FY2022 | $7.0B | $278.2M |
| FY2021 | $6.0B | $422.5M |
| FY2020 | $5.6B | $193.4M |
| FY2019 | $5.3B | $79.7M |
| FY2018 | $5.0B | $29.0M |
| FY2017 | $4.4B | $14.4M |
| FY2016 | $4.0B | $8.0M |
Bottom line
| Fiscal year | FAST | GRWG |
|---|---|---|
| FY2025 | $1.3B | $-24.0M |
| FY2024 | $1.2B | $-49.5M |
| FY2023 | $1.2B | $-46.5M |
| FY2022 | $1.1B | $-163.7M |
| FY2021 | $925.0M | $12.8M |
| FY2020 | $859.1M | $5.3M |
| FY2019 | $790.9M | $1.3M |
| FY2018 | $751.9M | $-5.1M |
| FY2017 | $578.6M | $-2.5M |
| FY2016 | $499.4M | $-431,244 |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$8,038,759,000 | FAST |
| FY2024 | +$7,357,134,000 | FAST |
| FY2023 | +$7,120,818,000 | FAST |
| FY2022 | +$6,702,434,000 | FAST |
| FY2021 | +$5,588,411,000 | FAST |
| FY2020 | +$5,453,935,000 | FAST |
| FY2019 | +$5,253,966,000 | FAST |
| FY2018 | +$4,936,099,270 | FAST |
| FY2017 | +$4,376,136,114 | FAST |
| FY2016 | +$3,954,019,529 | FAST |
| FY2015 | +$3,865,744,854 | FAST |
FAST has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +30.2 pp | FAST |
| FY2024 | +41.5 pp | FAST |
| FY2023 | +36.3 pp | FAST |
| FY2022 | +74.4 pp | FAST |
| FY2021 | +12.4 pp | FAST |
| FY2020 | +12.5 pp | FAST |
| FY2019 | +13.2 pp | FAST |
| FY2018 | +32.6 pp | FAST |
| FY2017 | +30.9 pp | FAST |
| FY2016 | +18.0 pp | FAST |
| FY2015 | +28.6 pp | FAST |
FAST has kept the higher net margin in every one of these 11 fiscal years.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GRWG's net margin has been more volatile than FAST's over the 11 comparable fiscal years — 16.8 percentage points of standard deviation against 1.0.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
FAST led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GRWG's return on equity has been more volatile than FAST's over the 11 comparable fiscal years — 18.7 percentage points of standard deviation against 2.8.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
FAST led in return on equity in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.