OverviewSuggest Edit

Fastenal is a business-to-business supply chain solutions company and a wholesale distributor of fasteners and related industrial and construction supplies. Its key products include threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. The company serves the manufacturing and non-residential construction markets, as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades.

HQWinona, US
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)21,948(+2%)
Job Openings525
Revenue (FY, 2019)$5.3 B(+8%)
Share Price (Sept 2020)$43.7
Cybersecurity ratingBMore

Key People/Management at Fastenal

Daniel L. Florness

Daniel L. Florness

President and Chief Executive Officer, Director
Willard D. Oberton

Willard D. Oberton

Chairman of the Board
William J. Drazkowski

William J. Drazkowski

Executive Vice President - Sales
Leland J. Hein

Leland J. Hein

Senior Executive Vice President – Sales
James C. Jansen

James C. Jansen

Executive Vice President - Manufacturing
Holden Lewis

Holden Lewis

Executive Vice President and Chief Financial Officer
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Fastenal Office Locations

Fastenal has offices in Winona, Akron, Atlanta, Denton and in 18 other locations
Winona, US (HQ)
2001 Theurer Blvd
Akron, US
940 W Wilbeth Rd
Atlanta, US
6445 Fulton Industrial Blvd SW
Denton, US
3833 Airport Rd
Edwardsville, US
9911 Woodend Rd
High Point, US
4110 Premier Dr #102High
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Fastenal Financials and Metrics

Fastenal Revenue

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Fastenal's revenue was reported to be $5.33 b in FY, 2019 which is a 7.4% increase from the previous period.

Net income (Q2, 2020)


Market capitalization (21-Sept-2020)


Closing stock price (21-Sept-2020)


Cash (30-Jun-2020)



Fastenal's current market capitalization is $25.1 b.
USDFY, 2016FY, 2017FY, 2018FY, 2019



Revenue growth, %


Cost of goods sold


Gross profit

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020



Cost of goods sold


Gross profit


Gross profit Margin, %

USDFY, 2016FY, 2017FY, 2018FY, 2019



Accounts Receivable




Current Assets

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income


Depreciation and Amortization




Accounts Payable

USDFY, 2016




0.2 x


0.1 x

Financial Leverage

1.4 x
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Fastenal Operating Metrics

Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019

Active Onsite Locations

605 894 945 1.03 k1.08 k1.11 k

Branch Locations

2.38 k2.23 k2.19 k2.17 k2.15 k2.11 k

Industrial Vending Devices Installed

56.89 k58.35 k60.40 k62.82 k64.43 k66.58 k69.06 k71.42 k73.56 k76.10 k78.71 k81.14 k83.41 k85.87 k88.33 k89.94 k

Industrial Vending Devices Signed

4.65 k4.87 k4.78 k3.76 k18.06 k5.44 k4.88 k4.77 k4.27 k19.36 k5.68 k5.54 k5.88 k4.98 k22.07 k5.60 k5.44 k5.67 k5.14 k21.86 k
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Fastenal Acquisitions / Subsidiaries

Company NameDateDeal Size
Manufacturers Supply CompanyMarch 24, 2017
Av-Tech Industries IncOctober 01, 2014
FASTCO (Shanghai) Trading Co., Ltd.
Fastenal Air Fleet, LLC
Fastenal Asia Pacific Limited
Fastenal AT GmbH
Fastenal Brasil Importação, Exportação e Distribuição Ltda.
Fastenal Brasil Participacoes Ltda.
Fastenal Canada, Ltd.
Fastenal Chile SpA
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Fastenal Cybersecurity Score

Cybersecurity ratingPremium dataset



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Fastenal Revenue Breakdown

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Fastenal revenue breakdown by business segment: 17.9% from Safety Supplies, 7.8% from Janitorial Supplies, 6.8% from Hydraulics and Pneumatics, 5.7% from Cutting Tools, 9.9% from Tools, 34.2% from Fasteners, 5.9% from Material Handling and 11.8% from Other

Fastenal revenue breakdown by geographic segment: 85.7% from United States, 11.4% from Canada and 3.0% from Other

Fastenal Online and Social Media Presence

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Fastenal News and Updates

Fastenal shares fall premarket after sales fall short of estimates

Fastenal Inc. shares slid 3.9% in premarket trade Friday, after the provider of industrial and construction supplies posted weaker-than-expected sales for the fourth quarter. Winona, Minn.-based Fastenal said it had net income of $178.7 million, or 31 cents a share, in the quarter, up from $168.8 m…

Fastenal raises dividend to 25 cents a share

Industrial supplier Fastenal Co. said late Thursday its board of directors approved a dividend of 25 cents a share, from 22 cents a share in the fourth quarter. The dividend is payable on Feb. 28 to shareholders of record on Jan. 31, the company said. Shares of Fastenal rose 0.5% in the extended se…

Thinking about buying stock in Aurora Cannabis, Fastenal, Roku, Synthesis Energy Systems, or Schlumberger?

NEW YORK, Oct. 14, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, FAST, ROKU, SES, and SLB. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Fastenal Frequently Asked Questions

  • When was Fastenal founded?

    Fastenal was founded in 1967.

  • Who are Fastenal key executives?

    Fastenal's key executives are Daniel L. Florness, Willard D. Oberton and William J. Drazkowski.

  • How many employees does Fastenal have?

    Fastenal has 21,948 employees.

  • What is Fastenal revenue?

    Latest Fastenal annual revenue is $5.3 b.

  • What is Fastenal revenue per employee?

    Latest Fastenal revenue per employee is $243 k.

  • Who are Fastenal competitors?

    Competitors of Fastenal include Applied Industrial Technologies, Wurth Group and McMaster-Carr.

  • Where is Fastenal headquarters?

    Fastenal headquarters is located at 2001 Theurer Blvd, Winona.

  • Where are Fastenal offices?

    Fastenal has offices in Winona, Akron, Atlanta, Denton and in 18 other locations.

  • How many offices does Fastenal have?

    Fastenal has 23 offices.