FAST Stock Analysis: Fastenal | NASDAQ
Industrial Distribution | NASDAQ, USA | Market Cap: 60.232m USD | 12M Return: 23.4% | US3119001044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 404M
EPS Trend: 90.1%
Qual. Beats: 1
Rev. Trend: 95.5%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Fastenal Company is a U.S.-based wholesale distributor of industrial and construction supplies, operating in the United States, Canada, Mexico, and select international markets. Founded in 1967 and headquartered in Winona, Minnesota, the company sells fasteners (such as bolts, nuts, screws, studs, and washers) along with related hardware and miscellaneous supplies under the Fastenal brand. It has traded on NASDAQ since its IPO in March 1990 and is classified within the Industrials sector under the GICS sub-industry of Trading Companies & Distributors.
Fastenals customer base spans a broad range of end markets, including original equipment manufacturers (OEMs), maintenance, repair, and operations (MRO) customers, the non-residential construction market, and entities in transportation, agriculture, mining, oil and gas, and federal, state, and local government. The industrial distribution model generally relies on high-volume, small-ticket transactions and recurring demand from MRO and OEM customers, which tend to be more stable than project-based construction spending.
- Manufacturing PMI weakness pressures industrial fastener demand
- Onsite vending locations drive recurring revenue and margin expansion
- Gross margin compression from pricing competition and steel input costs
| Net Income: 1.42b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 0.31 > 1.0 |
| NWC/Revenue: 31.44% < 20% (prev 33.93%; Δ -2.49% < -1%) |
| CFO/TA 0.26 > 3% & CFO 1.43b > Net Income 1.42b |
| Net Debt (561.3m) to EBITDA (2.05b): 0.27 < 3 |
| Current Ratio: 3.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.15b) vs 12m ago -0.08% < -2% |
| Gross Margin: 44.61% > 18% (prev 45.15%; Δ -0.54% > 0.5%) |
| Asset Turnover: 171.1% > 50% (prev 156.3%; Δ 14.82% > 0%) |
| Interest Coverage Ratio: 504.9 > 6 (EBIT TTM 1.87b / Interest Expense TTM 3.70m) |
| A: 0.52 (Total Current Assets 3.83b - Total Current Liabilities 974.2m) / Total Assets 5.49b |
| B: 0.75 (Retained Earnings 4.14b / Total Assets 5.49b) |
| C: 0.35 (EBIT TTM 1.87b / Avg Total Assets 5.31b) |
| D: 3.08 (Book Value of Equity 4.15b / Total Liabilities 1.35b) |
| Altman-Z'' = 11.47 = AAA |
| DSRI: 1.06 (Receivables 1.62b/1.35b, Revenue 9.08b/8.00b) |
| GMI: 1.01 (GM 45.15% / 44.61%) |
| AQI: 0.88 (AQ_t 0.02 / AQ_t-1 0.03) |
| SGI: 1.14 (Revenue 9.08b / 8.00b) |
| TATA: -0.00 (NI 1.42b - CFO 1.43b) / TA 5.49b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 25, 2026, the stock is trading at USD 51.91 with a total of 5,663,621 shares traded. Over the past week, the price has changed by +1.74%, over one month by +1.80%, over three months by +13.10% and over the past year by +23.37%.
Current recommended Stop Loss: 48.10 (which is 7.3% or 2.8 ATR below the current price).
Fastenal has received a consensus analysts rating of 3.28. Therefore, it is recommended to hold FAST.
- StrongBuy: 6
- Buy: 0
- Hold: 7
- Sell: 3
- StrongSell: 2
| Analysts Target Price | 51.1 | -1.6% |
P/E Trailing = 42.6748
P/E Forward = 37.4532
P/S = 6.634
P/B = 14.38
P/EG = 3.3899
Revenue TTM = 9.08b USD
EBIT TTM = 1.87b USD
EBITDA TTM = 2.05b USD
Long Term Debt = 100.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 163.5m USD (from shortTermDebt, last quarter)
Debt = 773.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 321.5m
Net Debt = 561.3m USD (calculated: Debt 773.2m - CCE 211.9m)
Enterprise Value = 60.8b USD (60.2b + Debt 773.2m - CCE 211.9m)
Interest Coverage Ratio = 504.9 (Ebit TTM 1.87b / Interest Expense TTM 3.70m)
EV/FCF = 57.71x (Enterprise Value 60.8b / FCF TTM 1.05b)
FCF Yield = 1.73% (FCF TTM 1.05b / Enterprise Value 60.8b)
FCF Margin = 11.60% (FCF TTM 1.05b / Revenue TTM 9.08b)
Net Margin = 15.62% (Net Income TTM 1.42b / Revenue TTM 9.08b)
Gross Margin = 44.61% ((Revenue TTM 9.08b - Cost of Revenue TTM 5.03b) / Revenue TTM)
Gross Margin QoQ = 44.85% (prev 44.56%)
Tobins Q-Ratio = 11.06 (Enterprise Value 60.8b / Total Assets 5.49b)
Interest Expense / Debt = 0.48% (Interest Expense 3.70m / Debt 773.2m)
Taxrate = 24.01% (448.0m / 1.87b)
NOPAT = 1.42b (EBIT 1.87b * (1 - 24.01%))
Current Ratio = 3.93 (Total Current Assets 3.83b / Total Current Liabilities 974.2m)
Debt / Equity = 0.19 (Debt 773.2m / totalStockholderEquity, last quarter 4.15b)
Debt / EBITDA = 0.27 (Net Debt 561.3m / EBITDA 2.05b)
Debt / FCF = 0.53 (Net Debt 561.3m / FCF TTM 1.05b)
Total Stockholder Equity = 4.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 26.73% (Net Income 1.42b / Total Assets 5.49b)
RoE = 35.13% (Net Income TTM 1.42b / Total Stockholder Equity 4.04b)
RoCE = 45.15% (EBIT 1.87b / Capital Employed (Equity 4.04b + L.T.Debt 100.0m))
RoIC = 31.75% (NOPAT 1.42b / Invested Capital 4.47b)
WACC = 6.33% (E(60.2b)/V(61.0b) * Re(6.41%) + D(773.2m)/V(61.0b) * Rd(0.48%) * (1-Tc(0.24)))
Discount Rate = 6.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.18 | Cagr: 0.07%
[DCF] Terminal Value 76.57% ; FCFF base≈1.02b ; Y1≈1.10b ; Y5≈1.35b
[DCF] Fair Price = 17.51 (EV 20.7b - Net Debt 561.3m = Equity 20.1b / Shares 1.15b; r=8.35% [WACC [floored]]; 5y FCF grow 9.16% → 2.50% )
EPS Correlation: 90.09 | EPS CAGR: 7.44% | SUE: 1.08 | # QB: 1
Revenue Correlation: 95.49 | Revenue CAGR: 7.88% | SUE: 1.23 | # QB: 2
EPS current Quarter (2027-03-31): EPS=0.34 | Chg30d=+1.14% | Revisions=+40% | Analysts=8
EPS current Year (2026-12-31): EPS=1.27 | Chg30d=+0.64% | Revisions=+29% | GrowthEPS=+16.6% | GrowthRev=+13.7%
EPS next Year (2027-12-31): EPS=1.40 | Chg30d=+0.41% | Revisions=+0% | GrowthEPS=+10.5% | GrowthRev=+9.5%
[Analyst] Revisions Ratio: +31% (up=7, down=3)