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 | ||
| Daniel L. Florness President, Chief Executive Officer, Director | Jeffery M. Watts Chief Sales Officer | 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 | John L. Soderberg Senior Executive Vice President - Information Technology |
| 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 three months ended 31 March 2024, Fastenal Co revenues increased 2% to $1.9B. Net income increased 1% to $297.7M. Revenues reflect Safety supplies segment increase of 8% to $409.3M, Janitorial supplies segment increase of 7% to $161.1M, United States segment increase of 1% to $1.58B, Canada and Mexico segment increase of 5% to $255.6M. |
| Employees: | 20,935 as of Mar 31, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $38,747M as of Mar 31, 2024 |
| Annual revenue (TTM): | $7,383M as of Mar 31, 2024 |
| EBITDA (TTM): | $1,701M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,158M as of Mar 31, 2024 |
| Free cash flow (TTM): | $149.70M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 572,547,449 as of Apr 10, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.