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FAST · Nasdaq · United States · Retail-Building Materials, Hardware, Garden Supply
In shortFASTENAL CO is profitable, generates cash and holds more cash than debt, with revenue growing (+8.7% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 20.2% | 84/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 15.3% | 81/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 33.3% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 30.9% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.85× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.03× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 267.05× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 12.01 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.8% | 71/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.83× | 67/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 5.1% | 92/100 |
| Operating margin volatility | 0.4% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.5% | 47/100 |
|---|---|---|
| EPS growth, 3-year average | -16.8% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 6,011 | 6,981 | 7,347 | 7,546 | 8,201 |
| Cost of revenue | 3,234 | 3,765 | 3,992 | 4,144 | 4,509 |
| Gross profit | 2,777 | 3,216 | 3,355 | 3,402 | 3,691 |
| Selling, general & admin | 1,560 | 1,762 | 1,826 | 1,892 | 2,036 |
| Operating income | 1,217 | 1,454 | 1,529 | 1,510 | 1,656 |
| Interest expense | 9.7 | 14 | 11 | 7.3 | 6.2 |
| Pre-tax income | 1,208 | 1,440 | 1,522 | 1,508 | 1,655 |
| Income tax | 283 | 353 | 367 | 358 | 397 |
| Net income | 925 | 1,087 | 1,155 | 1,151 | 1,258 |
| Diluted EPS | $1.60 | $1.89 | $1.01 | $1.00 | $1.09 |
| Diluted shares (millions) | 577 | 576 | 1,146 | 1,149 | 1,150 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of FASTENAL CO are included in the Investor plan. Try free for 7 days →
12.01 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Sep 30, 2026 · Data updated Oct 19, 2026