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
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: $36,772M 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

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.