Fastenal (FAST) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
7.5B
Gross Profit
3.4B
45.08%
Operating Income
1.5B
20.01%
Net Income
1.2B
15.25%
Balance Sheet Metrics
Total Assets
4.7B
Total Liabilities
1.1B
Shareholders Equity
3.6B
Debt to Equity
0.30
Cash Flow Metrics
Operating Cash Flow
1.2B
Free Cash Flow
946.8M
Revenue & Profitability Trend
Fastenal Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 7.5B | 7.3B | 7.0B | 6.0B | 5.6B |
| Cost of Goods Sold | 4.1B | 4.0B | 3.8B | 3.2B | 3.1B |
| Gross Profit | 3.4B | 3.4B | 3.2B | 2.8B | 2.6B |
| Operating Expenses | 1.9B | 1.8B | 1.8B | 1.6B | 1.4B |
| Operating Income | 1.5B | 1.5B | 1.5B | 1.2B | 1.1B |
| Pre-tax Income | 1.5B | 1.5B | 1.4B | 1.2B | 1.1B |
| Income Tax | 357.5M | 367.0M | 353.1M | 282.8M | 273.6M |
| Net Income | 1.2B | 1.2B | 1.1B | 925.0M | 859.1M |
| EPS (Diluted) | - | $2.02 | $1.89 | $1.60 | $1.49 |
Income Statement Trend
Fastenal Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 3.2B | 3.0B | 3.1B | 2.9B | 2.5B |
| Non-Current Assets | 1.5B | 1.4B | 1.4B | 1.4B | 1.5B |
| Total Assets | 4.7B | 4.5B | 4.5B | 4.3B | 4.0B |
| Liabilities | |||||
| Current Liabilities | 687.1M | 661.3M | 789.8M | 682.2M | 612.7M |
| Non-Current Liabilities | 394.6M | 452.8M | 595.6M | 574.6M | 618.8M |
| Total Liabilities | 1.1B | 1.1B | 1.4B | 1.3B | 1.2B |
| Equity | |||||
| Total Shareholders Equity | 3.6B | 3.3B | 3.2B | 3.0B | 2.7B |
Balance Sheet Composition
Fastenal Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 1.2B | 1.2B | 1.1B | 925.0M | 859.1M |
| Operating Cash Flow | 1.2B | 1.4B | 998.9M | 742.5M | 1.1B |
| Investing Activities | |||||
| Capital Expenditures | -214.1M | -160.6M | -162.4M | -148.2M | -157.5M |
| Investing Cash Flow | -214.5M | -161.2M | -163.0M | -148.5M | -281.7M |
| Financing Activities | |||||
| Dividends Paid | -893.3M | -1.0B | -711.3M | -643.7M | -803.4M |
| Financing Cash Flow | -953.3M | -1.3B | -784.1M | -658.7M | -795.4M |
| Free Cash Flow | 946.8M | 1.3B | 767.2M | 613.5M | 933.7M |
Cash Flow Trend
Fastenal Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
40.65
Forward P/E
18.56
Price to Book
12.64
Price to Sales
6.13
PEG Ratio
18.56
Profitability Ratios
Profit Margin
15.13%
Operating Margin
20.10%
Return on Equity
32.35%
Return on Assets
20.12%
Financial Health
Current Ratio
4.28
Debt to Equity
13.44
Beta
1.01
Per Share Data
EPS (TTM)
$1.00
Book Value per Share
$3.22
Revenue per Share
$6.64
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| fast | 46.6B | 40.65 | 12.64 | 32.35% | 15.13% | 13.44 |
| W.W. Grainger | 49.8B | 26.60 | 14.33 | 54.16% | 11.08% | 69.64 |
| Ferguson Enterprises | 43.1B | 26.81 | 7.68 | 29.08% | 5.32% | 105.39 |
| Watsco | 17.6B | 34.48 | 6.40 | 20.81% | 6.98% | 14.89 |
| Watsco | 17.6B | 33.02 | 6.13 | 20.81% | 6.98% | 14.89 |
| Core & Main | 11.5B | 27.01 | 6.34 | 25.28% | 5.47% | 139.81 |
Financial data is updated regularly. All figures are in the company's reporting currency.