Fastenal

Industrials Trading Companies & Distributors Winona, Minnesota Last filing Feb 5, 2026 · FY2025

                    Revenue
                    FY2025
                
$8.2B
                    3y CAGR +5.5%
                    
                    P50
                    
                    +8.7%
                    
                    Net income
                    FY2025
                
$1.3B
                    Net margin +15.3%
                    
                    P69
                    
                    +9.4%
                    
                    Total assets
                    FY2025
                
$5.1B
                    ROA +24.9%
                    
                    P100
                    
                    +7.6%
                    
                    Operating cash flow
                    FY2025
                
$1.3B
                    FCF margin +12.8%
                    
                    P44
                    
                    +10.4%

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

29 accounts · 3 years

Total assets $5.1B

Total liabilities $715.6M

Shareholders equity $3.9B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	3.4%	3.4%	3.0%
Accounts Receivable	15.2%	14.7%	14.8%
Inventory	21.3%	21.8%	20.7%
Prepaid Expenses	2.2%	2.4%	2.3%
Other Current Assets	2.2%	2.4%	2.3%
Total Current Assets	42.3%	42.6%	41.1%
Property,Plant and Equipment	13.8%	14.0%	13.8%
Operating Lease Assets	3.8%	3.7%	3.7%
Other Noncurrent Assets	1.7%	2.0%	2.2%
Total Assets	61.6%	62.3%	60.7%
Liabilities
Accounts Payable	3.9%	3.8%	3.6%
Accrued Liabilities	3.2%	3.0%	3.3%
Current Portion of Long Term Debt	0.3%	1.0%	0.8%
Operating Lease Liabilities	1.3%	1.3%	1.3%
Other Current Liabilities	0.2%	0.2%	0.0%
Total Current Liabilities	8.7%	9.1%	9.0%
Long Term Debt	1.2%	1.7%	2.7%
Operating Lease Liabilities Noncurrent	2.6%	2.5%	2.4%
Deferred Tax Liabilities	0.8%	2.2%	2.3%
Other Noncurrent Liabilities	0.2%	0.2%	0.0%
Total Liabilities	8.7%	9.1%	9.0%
Equity
Preferred Stock	0.0%	0.0%	0.0%
Common Stock	0.1%	0.1%	0.1%
Additional Paid In Capital	1.4%	1.2%	0.6%
Retained Earnings	47.2%	47.9%	45.7%
Treasury Stock	0.0%	0.0%	0.0%
Accumulated Other Comprehensive Income	-0.6%	-1.2%	-0.7%
Total Stockholders Equity	48.1%	47.9%	45.6%
Total Liabilitiesand Equity	61.6%	62.3%	60.7%

Income Statement

Revenue, expense, and profitability

15 accounts · 3 years

Revenue $8.2B

Operating income $1.7B

Net income $1.3B

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%
Expenses Cost of Revenue	55.0%	54.9%	54.3%
Expenses Selling,General and Administrative	24.8%	25.1%	24.9%
Expenses Depreciation and Amortization	2.2%	2.3%	2.4%
Expenses Share Based Compensation	0.1%	0.1%	0.1%
Other Income Expense Gross Profit	45.0%	45.1%	45.7%
Other Income Expense Operating Income	20.2%	20.0%	20.8%
Other Income Expense Income Before Tax	20.2%	20.0%	20.7%
Income Tax Income Tax Expense	4.8%	4.7%	5.0%
net Income net Income	15.3%	15.2%	15.7%
net Income Comprehensive Income	15.8%	14.8%	15.9%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	14.0%	15.2%	15.6%
Earnings Per Share Weighted Average Shares Diluted	14.0%	15.2%	15.6%

Cash Flow Statement

Operating, investing, and financing flows

18 accounts · 3 years

Operating cash flow $1.3B

Investing cash flow $-231.0M

Financing cash flow $-1.1B

Account	2025	2024	2023
CashFlow
Operating Activities net Income	15.3%	15.2%	15.7%
Operating Activities Depreciation and Amortization	2.2%	2.3%	2.4%
Operating Activities Stock Based Compensation	0.1%	0.1%	0.1%
Operating Activities Deferred Income Taxes	0.1%	-0.1%	-0.1%
Operating Activities Changes In Operating Assets and Liabilities	3.4%	2.3%	-1.5%
Operating Activities net Cash From Operating Activities	15.8%	15.5%	19.5%
Investing Activities Capital Expenditures	3.0%	3.0%	2.4%
Investing Activities Other Investing Activities	0.0%	0.0%	0.0%
Investing Activities net Cash From Investing Activities	-2.8%	-2.8%	-2.2%
Financing Activities Proceeds From Debt	13.5%	10.3%	12.0%
Financing Activities Repayment of Debt	14.4%	11.1%	16.0%
Financing Activities Dividends Paid	12.2%	11.8%	13.8%
Financing Activities Proceeds From Stock Issuance	0.3%	0.5%	0.4%
Financing Activities net Cash From Financing Activities	-12.9%	-12.1%	-17.4%
Cash Reconciliation Effect of Exchange Rate On Cash	3.4%	3.4%	3.0%
Cash Reconciliation net Change In Cash	0.3%	0.5%	-0.1%
Cash Reconciliation Cash At Beginning of Period	3.4%	3.4%	3.0%
Cash Reconciliation Cash At End of Period	3.4%	3.4%	3.0%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	+45.0%	+45.1%	+45.7%
Operating margin	+20.2%	+20.0%	+20.8%
Net margin	+15.3%	+15.2%	+15.7%
FCF margin	+12.8%	+12.5%	+17.1%
Growth
Revenue CAGR (3y)	+5.5%	+7.9%	+9.2%
Returns
ROE	+31.9%	+31.8%	+34.5%
ROA	+24.9%	+24.5%	+25.9%
ROIC	+33.2%	+32.4%	+34.2%
Liquidity
Current ratio	4.85x	4.67x	4.57x
Quick ratio	2.13x	1.99x	1.98x
Leverage
D/E	0.18x	0.19x	0.20x
Interest coverage	—	—	141.55x
Efficiency
Asset turnover	1.62x	1.61x	1.65x
Cash conversion cycle	+171d	+173d	+169d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Fastenal

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history