FAST · NASDAQ · Industrial - Distribution

Fastenal

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

$50.06
After-hours close+0.28 (+0.56%)
At close$49.79(−2.64%)
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Profile

Fastenal CompanyFASTIndustrials

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

Key statistics

Market cap$57.12B
EPS (ttm)$1.18
P/E (ttm)42.19
ROE34.0%
P/B14.04
P/S6.53
Dividend yield1.93%
Beta0.50vs XLI 0.93

Year to date +23.1% · Average volume (30d) 7.0M

Analysts

Price target, next 12 months$47.50−4.6%Median of 32 analysts · vs the Aug 28 close
ConsensusHold11 of 32 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 7, 2026Robert W. BairdTarget$50$54
Jul 16, 2026Morgan StanleyReiterateEqual Weight$48$52
Jul 13, 2026Redburn PartnersTarget$55
Jul 9, 2026Wolfe ResearchReiterateUnderperform$62$47
Jul 8, 2026Morgan StanleyReiterateEqual Weight$45$48

Earnings

EPS

Estimate$0.33
ReportedDue Oct 14, 2026

Revenue

Estimate$2.43B
ReportedDue Oct 14, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 14, 2026Q2 FY26$0.33$0.33+0.4%$2.34B$2.39B+2.1%−0.83%
Apr 13, 2026Q1 FY26$0.30$0.30+0.4%$2.20B$2.20B+0.2%−2.58%
Jan 20, 2026Q4 FY25$0.26$0.26+0.3%$2.04B$2.03B−0.5%+4.67%
Oct 13, 2025Q3 FY25$0.30$0.29−2.4%$2.13B$2.13B+0.1%+0.99%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.96B$2.08B$2.13B$2.03B$2.20B$2.39B
Gross profit$883.9M$942.8M$965.8M$898.7M$982.9M$1.06B
Operating income$393.9M$436.1M$441.5M$384.3M$447.6M$501.8M
Net income$298.7M$330.3M$335.5M$294.1M$339.8M$382.8M
Diluted EPS$0.26$0.29$0.29$0.26$0.30$0.33
Gross margin45.1%45.3%45.3%44.3%44.6%44.6%
Operating margin20.1%21.0%20.7%19.0%20.3%21.0%

Fiscal years (4-quarter sums)FY21 $6.01B · FY22 $6.98B · FY23 $7.35B · FY24 $7.55B · FY25 $8.20B

Revenue by geography · Q2 FY26

United States$1.97B · 83%
Canada And Mexico$333.7M · 14%
Non-North America$83.4M · 3%

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

Dividends

Next ex-date
Oct 28, 2026
estimated · in 60 days
Annual dividend
$0.96
per share
Dividend yield
1.93%
Schedule
Quarterly
4 payments a year

Raised for 14 straight years — most recently to $0.26 from $0.24 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jul 28, 2026Jul 28Aug 25$0.26raised from $0.24
Apr 28, 2026Apr 28May 26$0.24
Jan 29, 2026Jan 29Feb 26$0.24raised from $0.22
Oct 28, 2025Oct 28Nov 25$0.22
Jul 29, 2025Jul 29Aug 26$0.22
Apr 25, 2025Apr 25May 23$0.44raised from $0.43
Jan 31, 2025Jan 31Feb 28$0.43raised from $0.39
Oct 25, 2024Oct 25Nov 22$0.39
View details

Ownership

Institutions 96.41%1.11B sharesInsiders 0.07%799.8K sharesOther 3.52%40.43M shares

Shares outstanding 1.15B · Float 1.14B · 99.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.106.30M9.26%13FAug 7, 2026
Vanguard Capital Management LLC74.92M6.53%13FAug 13, 2026
Vanguard Portfolio Management LLC64.89M5.66%13FAug 13, 2026
State Street Corp56.44M4.92%13FAug 7, 2026
Sixth Street Partners Management Company, L.P.42.89M3.74%13FAug 14, 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

Peers

CompareAfter-hours close

CompanyPriceChange
Fastenal$50.06+0.56%$57.12B42.237.36.5+14.7%
W.W. Grainger$1,306.30+0.02%$61.67B33.326.93.3+10.3%
MSC Industrial Direct$119.200.00%$6.66B28.822.71.7+7.8%
Genuine Parts$139.42+1.46%$18.96B573.017.10.8+6.0%
Applied Industrial Technologies$329.11+2.18%$11.91B29.426.92.4+10.5%
Amazon$266.10−0.11%$2.87T21.428.53.7+19.6%
Distribution Solutions Group$34.78−0.04%$1.61B185.033.80.8+11.0%
Median31.426.92.1+10.4%