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Saturday 17 October 2026 Export FAST’s income statement to Excel — free account

Fastenal Company

FAST Industrials Industrial Distribution

Fastenal Company’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 8.67% from fiscal 2024. In the quarter to September 2026, revenue grew 15.5%, EPS grew 20.7%, free cash flow grew 5.27% and total debt fell 48.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for ten; insiders bought in the last twelve months.

51.02 0.64 +1.27%
Market cap
$57.8B
P/E
41.1×
Fwd P/E
37.8×
Dividend yield
1.88%
F-score
7/9
Altman Z
29.34
Beneish M
−2.39
Dividend safety
51/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Fastenal Company (FAST) Debt to equity

Alert me on Debt to equity

Fastenal Company's debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 0.2× (fiscal 2018) — the current reading is the lowest in ten years. That is below the Industrial Distribution industry median of 0.5× and below the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× (42.68%)
FY2024 0.1× (28.74%)
FY2023 0.1× (55.78%)
FY2022 0.2× 36.90%
FY2021 0.1× (13.50%)
FY2020 0.1× 14.53%
FY2019 0.1× (40.40%)
FY2018 0.2× 9.70%
FY2017 0.2× (1.88%)
FY2016 0.2× (0.44%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× (18.31%)
Jun 2026 0.0× (5.75%)
Mar 2026 0.0× (1.26%)
Dec 2025 0.0× (36.73%)
43 more quarters

Against its own ten years

Low 0.0× High 0.2×
Ten-year median 0.1×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
WSO.B Watsco, Inc. compare 0.0×
FAST Fastenal Company 0.0×
WSO Watsco, Inc. compare 0.0×
AIT Applied Industrial Technologies, Inc. compare 0.1×
GWW W.W. Grainger, Inc. compare 0.5×
QXO QXO, Inc. compare 0.6×
FERG Ferguson plc compare 0.8×
WCC WESCO International, Inc. compare 1.1×
CNM Core & Main, Inc. compare 1.2×
Industrial Distribution industry median 0.5×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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