FAST vs TSCO
Fastenal Co. and Tractor Supply Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FAST | TSCO |
|---|---|---|
| Revenue | $8.2B | $15.5B |
| Net income | $1.3B | $1.1B |
| Gross margin | 45.0% | 36.4% |
| Net margin | 15.3% | 7.1% |
| Return on equity | 33.3% | 45.2% |
| Diluted EPS | $1.09 | $2.06 |
| Dividend / share | $0.88 | $0.92 |
| Payout ratio | 79.8% | 44.5% |
| Free cash flow | $1.1B | $740.5M |
| Equity | $3.9B | $2.6B |
| Net debt / equity | −0.04× | 0.61× |
| Current ratio | 4.85× | 1.34× |
| Revenue CAGR 5y | 7.7% | 7.9% |
| Profit CAGR 5y | 7.9% | 7.9% |
TSCO bills 1.9× the revenue of FAST, and FAST keeps more of each dollar of revenue as profit (15.3% against 7.1%).
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 | TSCO |
|---|---|---|
| FY2025 | $8.2B | $15.5B |
| FY2024 | $7.5B | $14.9B |
| FY2023 | $7.3B | $14.6B |
| FY2022 | $7.0B | $14.2B |
| FY2021 | $6.0B | $12.7B |
| FY2020 | $5.6B | $10.6B |
| FY2019 | $5.3B | $8.4B |
| FY2018 | $5.0B | $7.9B |
| FY2017 | $4.4B | $7.3B |
| FY2016 | $4.0B | $6.8B |
Bottom line
| Fiscal year | FAST | TSCO |
|---|---|---|
| FY2025 | $1.3B | $1.1B |
| FY2024 | $1.2B | $1.1B |
| FY2023 | $1.2B | $1.1B |
| FY2022 | $1.1B | $1.1B |
| FY2021 | $925.0M | $997.1M |
| FY2020 | $859.1M | $749.0M |
| FY2019 | $790.9M | $562.4M |
| FY2018 | $751.9M | $532.4M |
| FY2017 | $578.6M | $422.6M |
| FY2016 | $499.4M | $437.1M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$7,323,546,000 | TSCO |
| FY2024 | −$7,337,231,000 | TSCO |
| FY2023 | −$7,209,041,000 | TSCO |
| FY2022 | −$7,224,117,000 | TSCO |
| FY2021 | −$6,720,205,000 | TSCO |
| FY2020 | −$4,973,052,000 | TSCO |
| FY2019 | −$3,018,231,000 | TSCO |
| FY2018 | −$2,945,946,000 | TSCO |
| FY2017 | −$2,865,882,000 | TSCO |
| FY2016 | −$2,817,579,000 | TSCO |
| FY2015 | −$2,357,307,000 | TSCO |
| FY2014 | −$1,978,208,000 | TSCO |
| FY2013 | −$1,838,678,000 | TSCO |
| FY2012 | −$1,530,543,000 | TSCO |
| FY2011 | −$1,465,884,000 | TSCO |
| FY2010 | −$1,368,865,000 | TSCO |
| FY2009 | −$1,276,607,000 | TSCO |
| FY2008 | −$667,524,000 | TSCO |
TSCO has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.3 pp | FAST |
| FY2024 | +7.8 pp | FAST |
| FY2023 | +8.1 pp | FAST |
| FY2022 | +7.9 pp | FAST |
| FY2021 | +7.6 pp | FAST |
| FY2020 | +8.2 pp | FAST |
| FY2019 | +8.1 pp | FAST |
| FY2018 | +8.4 pp | FAST |
| FY2017 | +7.4 pp | FAST |
| FY2016 | +6.2 pp | FAST |
| FY2015 | +6.8 pp | FAST |
| FY2014 | +6.7 pp | FAST |
| FY2013 | +7.1 pp | FAST |
| FY2012 | +7.5 pp | FAST |
| FY2011 | +7.7 pp | FAST |
| FY2010 | +7.1 pp | FAST |
| FY2009 | +5.8 pp | FAST |
| FY2008 | +8.4 pp | FAST |
FAST has kept the higher net margin in every one of these 18 fiscal years.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FAST's net margin has been more volatile than TSCO's over the 18 comparable fiscal years — 1.6 percentage points of standard deviation against 1.2.
18 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 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TSCO's return on equity has been more volatile than FAST's over the 18 comparable fiscal years — 11.9 percentage points of standard deviation against 4.9.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between FAST and TSCO over these 18 fiscal years — FAST led in 4 and TSCO in 14.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.