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THE INDEPENDENT RESEARCH DESK / 28 Sep 2026

Research desk / Research profile / FAST

Inside the research

Fastenal Company

FAST Research profile · latest available data

Price overview

$50.43

▼ -0.30 (-0.6%)

52w hi$52.38
52w lo$38.52
Vol6.81M
As of25 Sep 2026

The Verdict

Hold

Our score +0.16

Short+0.24
Medium+0.13
Long+0.04

computed 2026-09-27

Key fundamentals

Fastenal Company

Industrials · Industrial Distribution

Market cap$57.87B
Enterprise value$58.11B
Trailing P/E43.10x
Forward P/E35.95x
EV / EBITDA29.73x
P / S (ttm)6.61x
Profit margin15.5%
Return on equity34.3%
Revenue growth+14.7%
Earnings growth+14.6%
Debt / equity10.85

Layer Breakdown

LayerRawContribution
Fundamental+0.23
Sector-0.01
Technical+0.15
Earnings+0.00
Sentiment-0.02

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.fastenal.com

Risk Metrics

Beta vs SPX0.66
Corr SPX0.41
Annual vol25.4%
Annual ret+20.9%
Sharpe0.82
Max DD-22.3%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$46.58
High / Low$55.00 / $39.90
Median$45.00
Analysts12
Strong Buy0
Buy5
Hold7
Sell2
Strong Sell3

Recent rating actions

2026-04-17Barclays→ Equal-Weight
2026-04-14Baird→ Outperform
2026-03-06Barclays→ Equal-Weight
2026-03-06Baird→ Outperform
2026-01-21Barclays→ Equal-Weight
2025-12-15Jefferies→ Buy

Material Events

DateEvent8-K
2026-07-14Earnings Release, Exhibitsread
2026-06-23Material Agreement, Material Obligation…read
2026-06-12Officer / Director Changeread
2026-04-29Officer / Director Change, Exhibitsread
2026-04-24Shareholder Vote, Exhibitsread
2026-04-13Earnings Release, Exhibitsread
2026-01-20Earnings Release, Exhibitsread
2025-12-22Officer / Director Change, Reg FD Disclosure…read
2025-11-03Officer / Director Change, Reg FD Disclosure…read
2025-10-14Earnings Release, Exhibitsread
2025-07-14Earnings Release, Exhibitsread
2025-04-25Officer / Director Change, Bylaws Amendment…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-10Ancius Michael JSell3.00K$156.00K
2026-08-10Ancius Michael JOption exercise3.00K$41.25K
2026-08-05Heise Rita J.Option exercise10.00K$130.00K
2026-08-05Heise Rita J.Sell10.00K$500.54K
2026-08-05Heise Rita J.Option exercise24.96K$474.32K
2026-08-05Heise Rita J.Sell24.96K$1.25M
2026-07-28Ancius Michael JSell3.00K$147.00K
2026-07-28Ancius Michael JOption exercise3.00K$41.25K
2026-04-24Ancius Michael JOption exercise1.00K$44.90K
2026-03-05Wisecup Reyne KOption exercise36.92K$479.96K

Flow & Concentration

Insider 180d net-$2.05M
Insider buys / sells0 / 4
Insider biasSellers
13F holders8
Top-5 share96.7%
HHI5,638 (concentrated)

Top Holders

HolderValueShares
State Street Corp$2.71B56.44M
Capital Research / Capital World$295.63M6.16M
Fidelity / FMR LLC$249.00M5.18M
Millennium Management$144.42M3.01M
Citadel Advisors$139.96M2.91M
AQR Capital Management$116.84M2.47M
Renaissance Technologies$2.84M59.18K
T. Rowe Price Group$236.69K4.93M

As of 2026-06-30

Dividends

Yield (TTM)1.39%
$ / share (TTM)$0.70
5y CAGR+4.6%

Annual dividend per share

2021$0.56
2022$0.62
2023$0.89
2024$0.78
2025$0.88
2026$0.48

Federal Contracts

AmountAgencyDescription
$7.92MDepartment of DefenseTHIS DELIVERY ORDER IS TO PROCURE CONSUMABLE SUPPLIES AND SHOP OPERATING MATERIA
$7.85MDepartment of DefenseTO PROCURE CONSUMABLE SUPPLIES AND SHOP OPERATING MATERIALS VENDED VIA POINT-OF-
$7.67MDepartment of DefensePOINT OF USE CONSUMABLES FOR THE 309 AIRCRAFT MAINTENANCE GROUP AT OGDEN AIR LOG
$6.95MDepartment of DefenseTHIS DELIVERY ORDER IS TO PROCURE CONSUMABLE SUPPLIES AND SHOP OPERATING MATERIA
$1.37MDepartment of DefenseTYPE I - VMI HARDWARE
$600.00KDepartment of DefenseTHE PURPOSE OF THIS CONTRACT IS TO PROVIDE CONSUMABLE SUPPLIES AND SHOP OPERATIN
$575.00KDepartment of DefensePOINT OF USE CONSUMABLES FOR THE 309 AIRCRAFT MAINTENANCE GROUP AT RANDOLPH AIR
$540.47KDepartment of DefenseTYPE I - VMI HARDWARE

SEC Filings

DateFormDoc
2026-08-114view
2026-08-064view
2026-07-294view
2026-07-1610-Qview
2026-07-168-K/Aview
2026-07-148-Kview
2026-06-238-Kview
2026-06-153view
2026-06-128-Kview
2026-06-0411-Kview
2026-04-298-Kview
2026-04-274view
2026-04-248-Kview
2026-04-1610-Qview
2026-04-138-Kview

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$7.35B+8.7%
Gross profit$3.35B+6.4%
Operating income$1.51B+10.7%
Net income$1.16B+9.3%
Cash from ops$1.30B+9.4%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$50.53$51.05$50.26$50.436.81M
Sep 24$50.90$51.41$50.35$50.7310.27M
Sep 23$50.12$51.04$49.94$50.997.96M
Sep 22$49.76$50.20$49.57$50.086.74M
Sep 21$48.94$49.70$48.53$49.654.47M

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