Fastenal Co
NASDAQ:FAST

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Fastenal Co
NASDAQ:FAST
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Price: 75.11 USD 0.85% Market Closed
Market Cap: 43B USD
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Fastenal Co
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Fastenal Co
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Fastenal Co
NASDAQ:FAST
Net Income (Common)
$1.2B
CAGR 3-Years
9%
CAGR 5-Years
8%
CAGR 10-Years
9%
W W Grainger Inc
NYSE:GWW
Net Income (Common)
$1.8B
CAGR 3-Years
25%
CAGR 5-Years
14%
CAGR 10-Years
9%
United Rentals Inc
NYSE:URI
Net Income (Common)
$2.6B
CAGR 3-Years
29%
CAGR 5-Years
17%
CAGR 10-Years
18%
F
Fortress Transportation and Infrastructure Investors LLC
NASDAQ:FTAI
Net Income (Common)
$22.5m
CAGR 3-Years
N/A
CAGR 5-Years
-11%
CAGR 10-Years
N/A
Watsco Inc
NYSE:WSO
Net Income (Common)
$484.9m
CAGR 3-Years
7%
CAGR 5-Years
16%
CAGR 10-Years
14%
W
WW Grainger Inc
XMUN:GWW
Net Income (Common)
$1.8B
CAGR 3-Years
25%
CAGR 5-Years
14%
CAGR 10-Years
9%
No Stocks Found

Fastenal Co
Glance View

Market Cap
43B USD
Industry
Trading Companies & Distributors
Economic Moat
Narrow

Fastenal Co., often regarded as a silent yet formidable force in the industrial supply sector, began its journey from its modest roots in 1967 in Winona, Minnesota. Founded by Bob Kierlin, the company initially focused on selling a simple product—fasteners—targeting construction and industrial sectors. Fast-forward to today, Fastenal's growth has transcended its original business model, evolving into a robust distribution network that offers a diverse array of products, including safety supplies, power tools, and janitorial goods. The company's strength lies in its extensive network of over 3,200 in-market locations, and more recently, its rapidly expanding presence through vending machines and Onsite service locations. These strategic placements allow it to serve its customers' just-in-time needs efficiently, driving consistent revenue streams through a localized yet wide-reaching logistical framework. Underneath this expansive network, Fastenal thrives on its strong customer relationships and technological integration. With an emphasis on supply chain efficiency and inventory control, the company utilizes its FAST Solutions vending machines, directly stationed at customer sites, to enhance product accessibility while reducing transaction costs. This vending solution, combined with well-orchestrated digital platforms, ensures an uninterrupted supply for clients, playing an indispensable role in industries ranging from manufacturing to retail. Fastenal has cleverly carved out a niche market position by becoming an integral part of its customers' operations, emphasizing value over mere transactional sales. This model directs a steady influx of recurring revenues, solidifying Fastenal’s stature as a pivotal component of the industrial ecosystem, where reliability and proximity fuel its profitability.

FAST Intrinsic Value
43.61 USD
Overvaluation 42%
Intrinsic Value
Price

See Also

What is Fastenal Co's Net Income (Common)?
Net Income (Common)
1.2B USD

Based on the financial report for Sep 30, 2024, Fastenal Co's Net Income (Common) amounts to 1.2B USD.

What is Fastenal Co's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
9%

Over the last year, the Net Income (Common) growth was 2%. The average annual Net Income (Common) growth rates for Fastenal Co have been 9% over the past three years , 8% over the past five years , and 9% over the past ten years .

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