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.
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Fastenal Company (FAST) P/B ratio
As of 16 October 2026, Fastenal Company (FAST) trades at a P/B ratio of 14.1×. Over the past ten years it has ranged from 5.8× (October 2015) to 15.2× (August 2025); the current reading is higher than 98% of that period. That is above the Industrial Distribution industry median of 3.2× and above the Industrials sector median of 2.2×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 11.7× | 2.53% |
| FY2024 | 11.4× | 5.05% |
| FY2023 | 10.8× | 26.10% |
| FY2022 | 8.6× | (28.96%) |
| FY2021 | 12.1× | 18.05% |
| FY2020 | 10.3× | 29.01% |
| FY2019 | 7.9× | 21.99% |
| FY2018 | 6.5× | (13.12%) |
| FY2017 | 7.5× | 6.85% |
| FY2016 | 7.0× | 6.19% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 13.7× | 1.09% |
| Jun 2026 | 13.5× | 1.44% |
| Mar 2026 | 13.4× | 14.35% |
| Dec 2025 | 11.7× | (19.21%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| QXO QXO, Inc. compare | 0.9× |
| WSO.B Watsco, Inc. compare | 3.2× |
| WCC WESCO International, Inc. compare | 3.2× |
| WSO Watsco, Inc. compare | 3.2× |
| CNM Core & Main, Inc. compare | 3.7× |
| AIT Applied Industrial Technologies, Inc. compare | 6.6× |
| GWW W.W. Grainger, Inc. compare | 13.9× |
| FAST Fastenal Company | 14.1× |
| FERG Ferguson plc compare | 72.4× |
| Industrial Distribution industry median | 3.2× |
| Industrials sector median | 2.2× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on FAST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement