Fastenal Co.

Fastenal Co.

FAST

Get informed when a big investor buys or sells

+ Follow
Market Cap$50.74B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Fastenal Co.Fastenal Co.392.08%33%6.70.1

Earnings Call Q1 2026

April 13, 2026 - AI Summary

Strong Sales Growth: Fastenal reported a 12.4% daily sales growth for Q1 2026, marking the third consecutive quarter of double-digit growth. This was largely driven by new national account contracts and expansion in customer presence, resulting in a total contract count growing by 8% year over year to over 3.6 thousand contracts.
Market Conditions and Outlook: Despite moderate overall challenges in the industrial sector, with U.S. Manufacturing PMI averaging around 52.6%, Fastenal remains cautiously optimistic about continued growth. The company has seen broad-based growth across sectors, particularly in heavy manufacturing (44% of total sales) and construction (17% growth), indicating positive momentum moving forward.
Pricing Challenges: The company faced difficulties in keeping up with price increases due to rising costs, notably tariffs. Gross margins fell short of their target by approximately 40 basis points as pricing actions did not fully catch up with costs. Fastenal aims for cumulative pricing increases of 5%-8% and hopes to achieve price/cost neutrality by mid-year, but the path remains uncertain due to market conditions.

Exclusive for Stockcircle Pro members

Sign upSign Up
$47.20

Target Price by Analysts

0.1% upsideFastenal Target Price DetailsTarget Price
$34.90

Current Fair Value

26% downside

Overvalued by 26% based on the discounted cash flow analysis.

Share Statistics

Market cap$50.74 Billion
Enterprise Value$50.89 Billion
Dividend Yield$0.92 (2.08%)
Earnings per Share$1.1
Beta0.74
Outstanding Shares1,148,200,000

Return

Return on Equity32.58%ROE
Return on Assets24.95%
Return on Invested Capital39.04%

Valuation & Multiples

P/E Ratio39.05P/E Ratio
PEG283.79PEG
Price to Sales6.74Price to Sales
Price to Book Ratio15.72Price to Book Ratio
Enterprise Value to Revenue6.03
Enterprise Value to EBIT29.72
Enterprise Value to Net Income39
Total Debt to Enterprise0.01
Debt to Equity0.11Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 13, 2026
EPS Estimate
$0.30
Average shareholder expectation
Revenue Estimate
$2.20 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 13, 2026
EPS Estimate
$0.32
Average shareholder expectation
Revenue Estimate
$2.32 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.5823 98.68%
Total Calls3,396,092 13.16%
Total Puts5,373,754 130.75%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %82.38% 1.77%
Total Invested$43.86B 13.00%
Investors Holding1,450 30.00%

ESG Score

No data

About Fastenal Co.

CEO: Daniel Florness

Relevant Senate Committees

Joint Committee on Taxation

This committee provides technical expertise and revenue estimates for all tax legislation, directly influencing corporate tax structures and capital investment credits, which significantly impact Fastenal's financial planning and investment decisions.

Finance

This committee controls taxation and trade policy. Corporate tax rates directly impact Fastenal's profitability, and trade policies (e.g., tariffs) directly affect the cost of goods sold for imported industrial supplies.

Appropriations

This committee allocates discretionary federal spending. Its decisions directly determine the funding for government procurement (e.g., DoD, GSA) and infrastructure projects, which are crucial demand drivers for Fastenal.

Health, Education, Labor, and Pensions

This committee regulates labor laws, including minimum wage and union regulations. These policies directly influence Fastenal's operational costs (labor expenses) and overall workforce management.

Armed Services

This committee oversees the Department of Defense and authorizes defense spending (NDAA). The DoD and defense contractors are major procurers of industrial supplies, directly impacting Fastenal's potential revenue streams.

Homeland Security and Governmental Affairs

This committee regulates federal procurement and efficiency, directly impacting government contracting which is a significant customer segment for industrial suppliers like Fastenal.