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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Fastenal Company (FAST) trades at a price to free cash flow of 49.3×. Over the past ten years it has ranged from 25.0× (October 2015) to 65.0× (August 2025); the current reading is higher than 88% of that period. That is above the Industrial Distribution industry median of 22.1× and above the Industrials sector median of 20.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 43.2× 0.67%
FY2024 42.9× 50.45%
FY2023 28.5× (18.29%)
FY2022 34.9× (41.00%)
FY2021 59.2× 99.51%
FY2020 29.7× (15.54%)
FY2019 35.1× 18.85%
FY2018 29.6× (11.12%)
FY2017 33.3× (17.39%)
FY2016 40.3× 37.00%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 47.9× 1.57%
Jun 2026 47.2× 4.27%
Mar 2026 45.2× 4.64%
Dec 2025 43.2× (24.72%)
43 more quarters

Against its own ten years

Low 25.0× High 65.0×
Ten-year median 34.8×
Current reading's percentile 88

Price to free cash flow against peers

Company Price to free cash flow
CNM Core & Main, Inc. compare 12.5×
WSO.B Watsco, Inc. compare 15.7×
WSO Watsco, Inc. compare 16.2×
AIT Applied Industrial Technologies, Inc. compare 26.8×
GWW W.W. Grainger, Inc. compare 40.8×
FAST Fastenal Company 49.3×
QXO QXO, Inc. compare 59.3×
WCC WESCO International, Inc. compare 107×
FERG Ferguson plc compare 355×
Industrial Distribution industry median 22.1×
Industrials sector median 20.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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