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) P/B ratio

Alert me on 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

Against its own ten years

Low 5.8× High 15.2×
Ten-year median 9.0×
Current reading's percentile 97

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))

The full definition of P/B ratio →

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