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

Fastenal Company (FAST) Gross margin

Alert me on Gross margin

Fastenal Company's gross margin over the twelve months to 30 September 2026 was 44.6%, down 0.4 percentage points from fiscal 2025 (45.0%). Over the past ten years it has ranged from 45.0% (fiscal 2025) to 50.4% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Industrial Distribution industry median of 30.3% and above the Industrials sector median of 30.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 45.0% (0.07)
FY2024 45.1% (0.58)
FY2023 45.7% (0.41)
FY2022 46.1% (0.13)
FY2021 46.2% 0.73
FY2020 45.5% (1.69)
FY2019 47.2% (1.16)
FY2018 48.3% (0.96)
FY2017 49.3% (0.31)
FY2016 49.6% (0.78)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 44.9% 0.29
Jun 2026 44.6% (0.08)
Mar 2026 44.6% 0.31
Dec 2025 44.3% (0.94)
43 more quarters

Against its own ten years

Low 45.0% High 50.4%
Ten-year median 46.2%
Current reading's percentile 2

Gross margin against peers

Company Gross margin
FAST Fastenal Company 44.6%
GWW W.W. Grainger, Inc. compare 39.4%
FERG Ferguson plc compare 31.1%
AIT Applied Industrial Technologies, Inc. compare 30.3%
WSO Watsco, Inc. compare 27.5%
WSO.B Watsco, Inc. compare 27.5%
CNM Core & Main, Inc. compare 27.1%
QXO QXO, Inc. compare 24.0%
WCC WESCO International, Inc. compare 21.4%
Industrial Distribution industry median 30.3%
Industrials sector median 30.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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