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Fastenal Company (FAST)

NASDAQ Industrials Industrial - Distribution
$49.03 ▼ -0.77%
Market Cap
$56.26B
Sector
Industrials
Industry
Industrial - Distribution
Beta
0.71
52-Wk Range
38.97-52.92
CEO
Jeffery Michael Watts
Country
US
Currency
USD

Fastenal Company operates in the Industrial - Distribution industry of the Industrials sector, headquartered in Winona, MN, US. The stock last traded at $49.03, down 0.77% on the session, giving a market capitalisation of $56.26B. On trailing twelve-month figures it carries a trailing P/E of 41.55, a net margin of 15.5%. Its beta of 0.71 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
41.55
Price / Sales
6.43
Price / Book
13.83
EV / EBITDA
28.85
Gross margin
44.7%
Operating margin
20.3%
Net margin
15.5%
Return on equity
Debt / equity
0.11
Current ratio
4.18
Dividend yield
2.0%
Payout ratio
78.1%
Company profile
Exchange
NASDAQ Global Select
Employees
22,230
IPO date
1987-08-20
Headquarters
Winona, MN, US
About Fastenal Company

Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.

Comparable companies

Fastenal Company is most often compared with the following Industrials names:

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