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) Operating margin

Alert me on Operating margin

Fastenal Company's operating margin over the twelve months to 30 September 2026 was 20.5%, up 0.3 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from 19.8% (fiscal 2019) to 21.4% (fiscal 2015); the current reading is higher than 55% of that period. That is above the Industrial Distribution industry median of 8.06% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 20.2% 0.18
FY2024 20.0% (0.80)
FY2023 20.8% (0.01)
FY2022 20.8% 0.57
FY2021 20.3% 0.03
FY2020 20.2% 0.40
FY2019 19.8% (0.30)
FY2018 20.1% 0.04
FY2017 20.1% (0.01)
FY2016 20.1% (1.33)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 21.6% 0.53
Jun 2026 21.0% 0.69
Mar 2026 20.3% 1.38
Dec 2025 19.0% (1.75)
43 more quarters

Against its own ten years

Low 19.8% High 21.4%
Ten-year median 20.2%
Current reading's percentile 74

Operating margin against peers

Company Operating margin
FAST Fastenal Company 20.5%
GWW W.W. Grainger, Inc. compare 14.6%
AIT Applied Industrial Technologies, Inc. compare 11.1%
FERG Ferguson plc compare 9.73%
CNM Core & Main, Inc. compare 9.64%
WSO Watsco, Inc. compare 9.40%
WSO.B Watsco, Inc. compare 9.40%
WCC WESCO International, Inc. compare 5.38%
QXO QXO, Inc. compare −3.40%
Industrial Distribution industry median 8.06%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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