Since 1967, Fastenal has grown from a single store to nearly 2,700 locations, each providing tailored local inventory and personal service for our customers. As we've expanded across the world, we've retained a core belief in people and their ability to accomplish remarkable things - if given the opportunity. From this philosophy stems an entrepreneurial culture that challenges every employee to run their own business, create their own success, and rise up to become company leaders. Backed by our global sourcing, quality, and logistics operations, each store is a local, one-stop source for a spectrum of OEM, MRO and Construction supplies. Working within our decentralized environment, store personnel take a flexible approach to support local customers – sourcing products, making emergency deliveries, managing a lean flow of inventory to points of use, and leveraging our services, solutions and specialists to drive continual business improvements. Local product and local people: these are the cornerstones of our value proposition. So when you hear us talk about our thousands of stores, remember that we're not talking about how big we are; we're talking about how local we are. And that's what Fastenal is all about – using our corporate resources to be the best local supplier in every market we serve.
Company Growth (employees)
Winona, US
Size (employees)
19,624 (est)
Fastenal was founded in 1967 and is headquartered in Winona, US

Fastenal Office Locations

Fastenal has an office in Winona
Winona, US (HQ)
2001 Theurer Blvd

Fastenal Data and Metrics

Fastenal Financial Metrics

Fastenal's revenue was reported to be $4 b in FY, 2016 which is a 2% increase from the previous period.
$, USD

Revenue (FY, 2016)

4 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

2 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

499.5 m

EBIT (FY, 2016)

795.8 m

Market capitalization (23-Jun-2017)

12.4 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

112.7 m
Fastenal's current market capitalization is $12.4 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


3.3 b3.7 b3.9 b4 b

Revenue growth, %


Cost of goods sold

1.6 b1.8 b1.9 b2 b

Gross profit

1.7 b1.9 b1.9 b2 b

Gross profit Margin, %



712.7 m787.6 m828.8 m795.8 m

EBIT margin, %


Interest income

924 k759 k373 k394 k

Pre tax profit

713.5 m787.4 m826 m789.7 m

Net Income

448.6 m494.2 m516.4 m499.5 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


58.5 m114.5 m129 m112.7 m


784.1 m869.2 m913.3 m993 m

Current Assets

1.4 b1.6 b1.7 b1.7 b


818.9 m899.7 m

Total Assets

2.1 b2.4 b2.5 b2.7 b

Accounts Payable

91.3 m103.9 m126 m108.7 m

Current Liabilities

239.8 m375.4 m373.2 m275.6 m

Additional Paid-in Capital

69.8 m33.7 m2 m37.4 m

Retained Earnings

1.7 b1.9 b1.8 b1.9 b

Total Equity

1.8 b1.9 b1.8 b1.9 b

Financial Leverage

1.2 x1.2 x1.4 x1.4 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

448.6 m494.2 m516.4 m499.5 m

Depreciation and Amortization

63.8 m72.1 m86.1 m103.5 m

Accounts Receivable

(52 m)(63 m)(21 m)(40 m)


(69 m)(88 m)(48 m)(81 m)

Accounts Payable

13.2 m12.5 m20.6 m(17.2 m)

Cash From Operating Activities

416.1 m499.4 m546.9 m514 m

Purchases of PP&E

(206.5 m)(189.5 m)(155.2 m)(189.5 m)

Cash From Investing Activities

(201.8 m)(188.8 m)(180.6 m)(188.1 m)

Cash From Financing Activities

(234.4 m)(249.7 m)(337.6 m)(340.9 m)

Interest Paid

6.2 m

Income Taxes Paid

(14.7 m)34.4 m(26.6 m)15.5 m
$, USDY, 2016


203 k

Financial Leverage

1.4 x

Fastenal Market Value History

Fastenal Median Salaries

Source: 37 public H-1B filings from Fastenal

Fastenal Online and Social Media Presence

Fastenal Company Life and Culture

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