Stock · FAST · Industrials

Fastenal Company

United States · Large Cap · listed since 1990 · Revenue 12 mo. $9.1B

Price as of 11/06/2026

StockScorer score
5.5
of 10 6 of 11 points Medium Match To the score
Price
$52.99
1 Y +20.4%
Market cap
$60.1B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +5.5% a year (3 years)EBIT margin 20.2%Payout 87.5% of operating cash flow

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally.

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Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Original text from the data provider

Summary

Fastenal Company is around the middle of the Industrials sector overall

57.0 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 22.8% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €942.8M (2025), it supports €10.5B. The remaining €43.4B of the market value assume it grows 22.8% a year for 10 years and not at all afterwards.

Required FCF growth per year

22.8%

no growth afterwards

Market value breakdown€53.9B market value, price as of 11/06/2026

€10.5B without growth
€43.4B priced-in growth
  • 5 yrs achieved 12.1%
  • 10 yrs achieved 13.5%
  • priced in 22.8%

Valuation against its own history

Price to operating cash flow 42.5×, above its usual range.

Middle half of 20 quarters: 28.6× to 40.6×, median 35.4×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

4 signs support the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 46.1%, range 4.6 pp (10 years)
  • High return on capital every year ROCE at least 32.5% (10 years)
  • Low capital needs capex median 3.0% of revenue (10 years)
1 more
  • Steady FCF margin at least 8.2%, range 9.0 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 22.8%, achieved at most 13.5%
  • Dividend above free cash flow payout 107.9% of FCF

Since the last quarter

Q2 → Q3 2026

A calm quarter: no figure moved noticeably.

8 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability80.9above the middleEarns more than the sector: Return on equity 31.91%, sector 13.10%.
MetricStockSector medianPosition in sector
Return on equity31.91%13.10%Rank 88
Return on capital (Greenblatt)39.45%19.33%Rank 73
EBIT margin20.19%11.28%Rank 83
FCF margin12.81%8.50%Rank 76
Gross margin45.01%28.98%Rank 85
Growth44.1around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year8.67%5.15%Rank 68
Earnings growth, 3 years per year5.03%8.01%Rank 42
Earnings growth, 5 years per year7.95%12.89%Rank 30
Sustainable growth (ROE × retained earnings)2.99%4.02%Rank 37
Valuation12.7below the middleValued higher than the sector: EV/sales 7.34, sector 2.08.
MetricStockSector medianPosition in sector
Earnings yield2.06%4.42%Rank 11
FCF yield1.75%3.98%Rank 20
EV/saleslower is better7.342.08Rank 8
EV/EBITlower is better36.3719.47Rank 12
Momentum84.8above the middleShare price doing better than the sector: Distance from 52-week high −0.41%, sector −16.36%.
MetricStockSector medianPosition in sector
Share price, 1 year20.37%−0.01%Rank 81
Share price, 6 months20.45%−1.43%Rank 89
Share price, 3 months7.35%0.53%Rank 71
Distance from 52-week high−0.41%−16.36%Rank 98
Quality33.5below the middleQuality below the sector: Change in share count 0.15%, sector −0.44%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better3.97%1.39%Rank 28
Change in share countlower is better0.15%−0.44%Rank 17
Dividend streak in years15Rank 21
Price reaction to results, market-adjusted2.02%0.27%Rank 67
Balance sheet & risk85.8above the middleLess risk than the sector: Equity ratio 78.05%, sector 39.65%.
MetricStockSector medianPosition in sector
Equity ratio78.05%39.65%Rank 98
Net debt/EBITDAlower is better0.091.38Rank 74
Debt to equitylower is better0.110.61Rank 90
Volatility, 1 yearlower is better24.38%32.95%Rank 81

Ten years in figures

Revenue from $4.0B (2016) to $8.2B (2025), 8.4% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $M
20164.020.1%$324.5M1.16B277.3
20174.420.1%$465.3M1.15B298.1
20185.020.1%$497.9M1.15B332.8
20195.319.8%$596.3M1.15B415.7
20205.620.2%$933.7M1.15B404.4
20216.020.3%$613.5M1.15B400.6
20227.020.8%$767.2M1.15B572.0
20237.320.8%$1.3B1.15B313.7
20247.520.0%$946.8M1.15B229.6
20258.220.2%$1.1B1.15B165.1
5.5 / 10Medium MatchStockScorer score6 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

Fastenal Company mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 0%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Fastenal Company's score is built

Fastenal Company is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

6 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Fastenal Company stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Altman Z-Score: Stress Test
  • Earnings Quality: Accrual Check (Sloan)
  • Levermann Strategy (13 Criteria)
  • Undervalued Stocks: Multi-Factor Check
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

Fastenal Company key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Fastenal Company.

MetricStockSector
P/E ratio48.422.5
P/B ratio15.52.9
Return on equity (ROE)31.9%13.1%
Equity ratio78.0%39.7%
Debt-to-equity (D/E)0.110.61
Dividend yield1.9%2.0%

Similar stocks in Industrials

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
FASTFastenal Companythis page
GWWWW Grainger IncLow3.6
FERGFerguson PlcLow2.7
WCCWESCO International Inclocked
WSOWatsco Inclocked
DPLM.LDiploma PLClocked

Frequently asked questions about Fastenal Company stock

How does Fastenal Company stock (FAST) score in the StockScorer model?
Fastenal Company stock reaches a StockScorer score of 5.5 out of 10, which is a medium match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is Fastenal Company's P/E ratio?
Fastenal Company's P/E ratio is 48.4. The Industrials sector median is 22.5.
What sector is Fastenal Company in?
Fastenal Company is assigned to the Industrials sector. Its rank within the sector is 57.0 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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