Fastenal Co (FAST)
Industrials · Trading Companies & Distributors · US stock · S&P 500 component
$51.02
▲ +0.64 (1.27%)
Fair valueOvervalued
$35 −31.1% to fair value
$18fair band $25–$46$53
Day's range
$50.38 – $51.19
52-week range
$38.34 – $52.92
About Fastenal Co
Fastenal distributes industrial and construction supplies, especially fasteners, tools, safety products and other maintenance items. It sells to manufacturers, contractors and other businesses through a network of local branches and through on-site locations and vending devices placed at customers' facilities. Revenue comes from product sales, and its model depends on inventory availability, close customer relationships and efficient delivery.
Over the last twelve months, $8.7 billion in revenue was reported. The three-year revenue growth rate is 5.5% a year. Profitability shows an operating margin of 20.3% and a return on invested capital of 34%. Net debt to EBITDA is 0.0 times, so cash and debt are roughly balanced. Shareholders receive a dividend, yielding 1.9%. This gives an X-Ray Score of 54 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $38.34 – $52.92Volume 10,471,500Daily, split-adjusted
Vitals
Market cap$58.7B
52-week range$38.34 – $52.92
Volume (last day)10,471,500
P/E (TTM)43.4
EBIT / EV yield3.0%
Free-cash-flow yield2.0%
Dividend yield1.9%
Revenue (TTM)$8.7B
Net income (TTM)$1.4B
Operating margin20.3%
Return on capital33.9%
Debt incl. leases$120M
Cash & securities$205M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$35model spread $33 – $38
Overvalued
−31.1% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $51
Undervalued < $25Fair $25 – $46Overvalued > $46
10-year DCF (market-scaled)
$39
Peer multiples
$33
Earnings power floor (not blended)
$14
Fundamentals-adjusted multiple
$34
Growth the price implies
21.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Healthy business, but priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
15/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.0%
Free-cash-flow yield2.0%
Fair value vs price0.7×
Growth
Weak
48/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)5.5%
EPS growth (3y)-16.8%
Growth consistency100%
Profitability
Strong
74/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital33.9%
Operating margin20.3%
Gross profitability73.9%
Financial health
Strong
88/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA0.0×
Interest coverNo interest cost
Dividends
Weak
42/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.9%
Dividends vs free cash flow96%
Dividend growth12.2%
Quarterly results: last 6 quarters
+3.4%
Mar '25
+8.6%
Jun '25
+11.7%
Sep '25
+11.1%
Dec '25
+12.4%
Mar '26
+14.7%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.4B, diluted EPS $0.33.
Compare with peers
FERG Ferguson Enterprises I...56 URI United Rentals, Inc.53Other Trading Companies & Distributors companies by X-Ray Score.
Fundamentals checklist
● 9 Good · ● 1 Average · ● 6 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $6.0B | $7.0B | $7.3B | $7.5B | $8.2B |
| Operating income | $1.2B | $1.5B | $1.5B | $1.5B | $1.7B |
| Net income | $925M | $1.1B | $1.2B | $1.2B | $1.3B |
| Operating cash flow | $770M | $941M | $1.4B | $1.2B | $1.3B |
| Operating margin | 20.3% | 20.8% | 20.8% | 20.0% | 20.2% |
| Free cash flow | $614M | $767M | $1.3B | $947M | $1.1B |
| Diluted EPS | $1.60 | $1.89 | $1.01 | $1.00 | $1.09 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 4 neutral · 0 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 50.89 | Bullish |
| EMA 10 | 50.89 | Bullish |
| SMA 20 | 50.59 | Bullish |
| EMA 20 | 50.59 | Bullish |
| SMA 50 | 50.39 | Bullish |
| EMA 50 | 49.87 | Bullish |
| SMA 100 | 48.40 | Bullish |
| EMA 100 | 48.66 | Bullish |
| SMA 200 | 46.39 | Bullish |
| EMA 200 | 46.87 | Bullish |
Oscillators (daily)
| RSI (14) | 54.21 | Neutral |
| MACD (12, 26) | 0.37 | Bullish |
| Momentum (12) | 3.01 | Bullish |
| Stochastic %K (14) | 67.39 | Neutral |
| Williams %R (14) | -32.61 | Neutral |
| CCI (20) | 59.58 | Neutral |
Pivot points (classic, last session)
S3 49.73 | S2 50.05 | S1 50.54 | Pivot 50.86 | R1 51.35 | R2 51.67 | R3 52.16 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.96 USD
Yield on today's price
1.88%
Frequency
Quarterly
Next ex-dividend date
28 Oct 2026
| Ex-dividend date | Amount per share |
|---|---|
| 28 Oct 2026 (upcoming) | 0.2600 |
| 28 Jul 2026 | 0.2600 |
| 28 Apr 2026 | 0.2400 |
| 29 Jan 2026 | 0.2400 |
| 28 Oct 2025 | 0.2200 |
| 29 Jul 2025 | 0.2200 |
| 25 Apr 2025 | 0.4400 |
| 31 Jan 2025 | 0.4300 |
| 25 Oct 2024 | 0.3900 |
| 26 Jul 2024 | 0.3900 |
| 24 Apr 2024 | 0.3900 |
| 31 Jan 2024 | 0.3900 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
FAST SEC filings
14 Oct 2026
8-KSEC EDGAR
Results of operations
16 Jul 2026
10-QSEC EDGAR
Quarterly report
14 Jul 2026
8-KSEC EDGAR
Results of operations
23 Jun 2026
8-KSEC EDGAR
Entered a material agreement
12 Jun 2026
8-KSEC EDGAR
Director or officer change
29 Apr 2026
8-KSEC EDGAR
Director or officer change
24 Apr 2026
8-KSEC EDGAR
Shareholder vote results
16 Apr 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.