Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
FAST · Nasdaq · Industrial
Fundamental quality
79
out of 100
Fastenal Co fits the profile of a quality compounder: it pairs high return on capital (ROE 33.2%) with wide margins (net margin 15.5%) and a business that keeps growing (8.3% a year). On fundamental quality it scores 79 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +8.3%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Fastenal sells fasteners and industrial supplies with a logistics obsession: vending machines inside customers' factories and its own staff in their warehouses. It turned the humble bolt into one of America's most profitable distribution businesses.
EPS growth: 8.6% · Revenue growth: 8.3%
Net margin: 15.5% · ROE: 33.2% · ROIC: 33.9%
Net debt/EBITDA: -0.04x · FCF: 13.2%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +4 for dividend strength: 27 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 5,647 | 859 | 934 | 159 |
| 2021 | 6,011 | 925 | 614 | 154 |
| 2022 | 6,981 | 1,087 | 767 | 325 |
| 2023 | 7,347 | 1,155 | 1,260 | 39 |
| 2024 | 7,546 | 1,151 | 947 | -56 |
| 2025 | 8,201 | 1,258 | 1,051 | -152 |
Between 2020 and 2025, revenue went from $5,647M to $8,201M (+45%) and net income went from $859M to $1,258M (+46%). It has also reduced its net debt over the period.
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$0.88
per share, yearly
79.8% of earnings
Payout
27 straight years raising it
Growth
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Fastenal Co cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Fastenal Co a good company to invest in?
In terms of business quality, Fastenal Co scores 79 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Fastenal Co a profitable company?
Yes. Fastenal Co shows a net margin of 15.5% and an ROE of 33.2%, a sign of a profitable business.
Does Fastenal Co have a lot of debt?
No. Fastenal Co has a net cash position: more cash than debt.
Is Fastenal Co growing?
Its revenue has grown 8.3% annualized in recent years and its earnings per share 8.6%, and without interruption since 2020.
Does Fastenal Co generate cash?
Yes. It converts about 13.2% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Fastenal Co's filings on EDGAR
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