Fastenal Co (OQ:FAST)
Business Focus: Industrial Machinery & Equipment Wholesale
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2001 Theurer Blvd WINONA MN 55987-1500 |
| Tel: | N/A |
| Website: | https://www.fastenal.com |
| IR: | See website |
| Key People | ||
| Jeffery M. Watts President, Chief Sales Officer | Donnalee K. Papenfuss Executive Vice President - Strategy and Communications | Daniel L. Florness Chief Executive Officer, Director |
| Holden Lewis Chief Financial Officer, Senior Executive Vice President | Sheryl A. Lisowski Executive Vice President, Chief Accounting Officer, Treasurer | William J. Drazkowski Executive Vice President - Sales |
| Charles S. Miller Senior Executive Vice President - Sales | Noelle Oas Executive Vice President of Human Resources | Anthony P. Broersma Executive Vice President - Operations | James C. Jansen Executive Vice President - Manufacturing |
| Business Overview |
| Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). It also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. Its customers are in the manufacturing and non-residential construction markets. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, and others. |
| Financial Overview |
| For the nine months ended 30 September 2024, Fastenal Co revenues increased 2% to $5.72B. Net income decreased less than 1% to $888.5M. Revenues reflect Fasteners(2) segment increase of 33% to $1.77B, Safety supplies segment increase of 51% to $1.26B, United States segment increase of 2% to $4.76B, Canada and Mexico segment increase of 5% to $783.6M. Net income reflects Interest Expense decrease of 37% to $5.6M (expense). |
| Employees: | 20,894 as of Sep 30, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $46,380M as of Sep 30, 2024 |
| Annual revenue (TTM): | $7,480M as of Sep 30, 2024 |
| EBITDA (TTM): | $1,693M as of Sep 30, 2024 |
| Net annual income (TTM): | $1,155M as of Sep 30, 2024 |
| Free cash flow (TTM): | -$45.30M as of Sep 30, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 572,886,495 as of Oct 10, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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