Get the Latest Fastenal Stock Quote and Company Overview

Fastenal is a leading industrial distributor of fasteners and other industrial and construction supplies. It was founded in 1967 by Willard Fast.

The company's stock is listed on the NASDAQ stock exchange under the ticker symbol FAST. As of the last update, the stock is traded in the over-the-counter (OTC) market.

Fastenal stock has seen a steady increase in sales over the years, with a notable jump of 2.71% in 2024 compared to the previous year.

The company's revenue has grown from $5.33 billion in 2019 to $7.55 billion in 2024, a significant increase of 41.55%. This growth is reflected in the sales per share, which has risen from $8.65 in 2018 to $13.14 in 2024.

Here's a breakdown of Fastenal's revenue growth over the years:

The company's gross profit on sales has also seen a steady increase, rising from $2.3989 billion in 2018 to $3.4019 billion in 2024.

The income statement is a key financial metric that provides a snapshot of a company's revenue and expenses over a specific period. Fastenal Company's income statement for 2024 shows a revenue of $7.55 billion, a 2.71% increase from the previous year.

Here are the key takeaways from Fastenal Company's income statement:

Income before tax change from 2023 to 2024 is -0.91%.

In the "Key Data in USD" section, we can see some interesting trends in Fastenal Company's financial performance. The sales per share have been steadily increasing, with a notable jump from 2022 to 2023.

Here are the sales per share for each year:

The P/E ratio has been fluctuating, with a notable increase from 2022 to 2024. The diluted EPS and basic EPS are the same for each year.

The dividend yield has been steadily increasing, with a notable jump from 2018 to 2022. The equity ratio has also been steadily increasing, with a notable jump from 2022 to 2024.

The debt ratio has been steadily decreasing, with a notable jump from 2022 to 2024.

Fastenal stock has seen significant growth, with a 10% jump in stock price after reporting better than expected Q3 earnings. This is a testament to the company's strong performance.

In 2024, Fastenal's revenue was $7.55 billion, a 2.71% increase from the previous year. This is a notable achievement, especially considering the disruptions caused by Hurricane Helene.

Fastenal has returned more than 51,000% since inception, which equates to a CAGR of almost 20%. This is an impressive track record that shows the company's long-term potential.

Despite a slight decrease in earnings of -0.38% in 2024, Fastenal's financial performance remains strong. This is a sign that the company is managing its finances effectively.

Fastenal's shares were the top gainer in the S&P 500 on the day the company reported its revenue increase, despite the disruptions caused by Hurricane Helene. This shows that investors are confident in the company's ability to perform well even in challenging circumstances.

Insider trading activity is always worth monitoring when it comes to stock performance, and Fastenal is no exception.

Fastenal insiders have been actively buying and selling shares in recent weeks. For example, on November 21, 2024, Jansen James C sold 19,564 shares of Fastenal stock for $83.08 each.

Some insiders have also been buying shares at lower prices, indicating their confidence in the company's future performance. For instance, on November 12, 2024, Miller Charles S. bought 18,105 shares of Fastenal stock for $38.00 each.

Here are some key insider trades:

Keep in mind that insider trading activity is just one factor to consider when evaluating a stock's potential. Other factors, such as the company's financials and industry trends, should also be taken into account.

Fastenal's insider activity is a mixed bag, with some insiders selling and others buying shares.

FLORNESS DANIEL L, a Fastenal insider, sold 31,818 shares on November 10, 2024, at $84.50 each.

Insiders like Miller Charles S. and Johnson Daniel L. have also been active in buying and selling shares.

Miller Charles S. bought 18,105 shares on November 12, 2024, at $38.00 each, and also bought 5,375 shares at $48.00 each on the same day.

Johnson Daniel L. sold 8,474 shares on November 12, 2024, at $83.36 each, but then bought 8,474 shares at $27.50 each on the same day.

Other insiders, like Jansen James C. and Lewis Holden, have also made significant trades.

Here are some notable trades by insider:

These trades give us a glimpse into the confidence and conviction of Fastenal's insiders.

Fastenal's dividend calendar is a great place to start if you're looking to invest in this company. Fastenal Co. has a long history of paying dividends, with the first recorded dividend in 1999 being $0.01 per share.

The dividend calendar shows that Fastenal has consistently increased its dividend payout over the years. For example, in 2008, the dividend payout was $0.20 per share, and by 2018, it had increased to $0.77 per share.

Here is a breakdown of Fastenal's dividend payouts over the years:

As you can see, Fastenal's dividend payouts have increased significantly over the years. This is a good sign for investors, as it suggests that the company is committed to rewarding its shareholders with a steady stream of income.

In fact, Fastenal has increased its dividend payout for 25 consecutive years, which is a remarkable track record. This is a testament to the company's financial stability and its ability to generate consistent cash flows.