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NASDAQ · RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY · LARGE CAP

Fastenal Co. FAST

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$8.2B
▲ 8.7% YoY
$1.3B
▲ 9.4% YoY
$1.1B
▲ 11.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Fastenal sells industrial and construction supplies spanning more than nine major product lines through a global network of locations utilizing technologies such as vending devices, bin stock devices, and eBusiness. At the end of 2025, it had 1,595 branch locations in 25 countries, supported by 15 distribution centers in North America, two in Asia and two in Europe, and it employed 24,489 people. Beginning in 1993, it aggressively added additional, non-fastener product lines, which represented 69.5% of consolidated sales in 2025. Fastenal began as a partnership in 1967, opening its first branch that year in Winona, Minnesota, and was incorporated under the laws of Minnesota in 1968.

Written from the business description in FASTENAL CO's annual report to the U.S. Securities and Exchange Commission, filed 5 February 2026. Every sentence was checked against that document before publication.

Growth

USD 8.2B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 8.2 · Net income 1.3
3B6B
2007201020132016201920222025
Compound annual growth
+5.5%
+7.7%
+7.8%
+8.9%
+5.0%
+7.9%
+9.3%
+10.9%
+2.2%
+4.3%
+5.3%
+12.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.7% a year over the five years to FY2025 — but profit grew faster: net income at +7.9%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

15 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.2% · Net 15.3%
10%20%
200720162025
ROE
FY2025 · ROE 33.3%
10%20%30%
200720162025
Three returns, three denominators.

Each USD of equity produced 33 cents of profit this year.

Cash & shareholders

USD 1.0B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
0.5B1.0B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 1.0 · Net buybacks ·
0.5B1.0BDividendsNet buybacks
2007201020132016201920222025

USD 1.0B in dividends — 80% of the year's profit went back to shareholders.

Total assetsUSD 5.1B
EquityUSD 3.9B
CashUSD 276.8M
Gross debtUSD 125.0M
Net debtUSD -151.8M
Current ratio4.85×

The company holds more cash than debt.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
FAST, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B8.27.57.37.06.05.65.35.04.44.03.93.73.33.12.82.31.92.32.1
Operating income $B1.71.51.51.51.21.11.11.00.90.80.80.80.70.70.60.40.30.50.4
EBITDA $B1.81.71.71.61.41.31.21.11.00.90.90.90.80.70.60.50.30.50.4
Income tax $B0.40.40.40.40.30.30.30.20.30.30.30.30.30.30.20.20.10.20.1
Net income $B1.31.21.21.10.90.90.80.80.60.50.50.50.40.40.40.30.20.30.2
Free cash flow $B1.10.91.30.80.60.90.60.50.50.30.40.30.20.30.10.20.30.20.2
EPS, diluted $1.091.001.011.891.601.491.381.311.001.731.771.661.511.421.210.900.62◌◌
Dividend / sh $0.880.780.891.241.121.400.870.770.641.201.121.000.801.240.650.620.360.79◌
Payout %80788865709463596469636053875469584228
ROE %33.333.035.535.032.031.831.834.228.726.727.826.826.927.926.121.515.826.023.0
Shares out B1.150.570.570.570.580.570.570.290.290.290.290.300.300.300.300.150.150.15◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 91 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. Two checks were skipped: EPS is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Building Materials, Hardware, Garden Supply
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsDecember 31
Data on record since2007

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