Fastenal

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)
Type
Public
HQ
Winona, US
Founded
1967
Size (employees)
20,174 (est)+3%
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 $1.1 b in Q2, 2017
USD

Revenue (Q2, 2017)

1.1 b

Gross profit (Q2, 2017)

558.5 m

Gross profit margin (Q2, 2017), %

50%

Net income (Q2, 2017)

148.9 m

EBIT (Q2, 2017)

237.5 m

Market capitalization (18-Aug-2017)

11.7 b

Cash (30-Jun-2017)

115.1 m
Fastenal's current market capitalization is $11.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.3 b3.7 b3.9 b4 b

Revenue growth, %

12%4%2%

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, %

52%51%50%50%

EBIT

712.7 m787.6 m828.8 m795.8 m

EBIT margin, %

21%21%21%20%

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
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

980.8 m953.3 m997.8 m995.3 m986.7 m1 b1 b1 b1.1 b

Cost of goods sold

482.1 m469.3 m495.7 m493 m495.2 m512.7 m513.3 m529.7 m563 m

Gross profit

498.7 m484.1 m502.1 m502.2 m491.5 m501.6 m499.8 m518 m558.5 m

Gross profit Margin, %

51%51%50%50%50%49%49%49%50%

EBIT

212.9 m203.8 m225.8 m220 m201.2 m209.2 m203 m212.5 m237.5 m

EBIT margin, %

22%21%23%22%20%21%20%20%21%

Interest income

388 k99 k63 k137 k61 k92 k105 k100 k100 k

Pre tax profit

213 m203.5 m225.1 m219.2 m199.9 m207.8 m201.2 m210.9 m235.4 m

Net Income

375.8 m127.6 m140.4 m136.5 m126.2 m131.5 m126.9 m134.2 m148.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

58.5 m114.5 m129 m112.7 m

Inventories

784.1 m869.2 m913.3 m993 m

Current Assets

1.4 b1.6 b1.7 b1.7 b

PP&E

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

Total Debt

379.5 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

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.2 x1.2 x1.4 x1.4 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

116.3 m120.8 m121.2 m111.8 m150.6 m155.5 m147 m134.3 m115.1 m

Inventories

836.4 m867.9 m876.7 m883.2 m965.1 m985.1 m966.9 m1 b1 b

Current Assets

1.6 b1.6 b1.7 b1.7 b1.8 b1.8 b1.8 b1.8 b1.9 b

PP&E

826.7 m859.5 m904.2 m890.7 m895.2 m

Total Assets

2.4 b2.4 b2.5 b2.5 b2.6 b2.7 b2.7 b2.8 b2.9 b

Accounts Payable

112.6 m132.2 m133.5 m132 m158.5 m158.7 m117.8 m129.7 m141.2 m

Current Liabilities

407.9 m492.4 m396.6 m368.3 m401.7 m411.2 m331.1 m369.6 m342.3 m

Additional Paid-in Capital

56.7 m2.9 m1 m24.7 m27.7 m31.5 m41.5 m1.2 m

Retained Earnings

1.8 b1.9 b1.8 b1.8 b1.8 b1.9 b1.9 b2 b2 b

Total Equity

1.9 b1.9 b1.8 b1.8 b1.8 b1.9 b1.9 b2 b2 b

Financial Leverage

1.2 x1.3 x1.4 x1.4 x1.5 x1.4 x1.4 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)(40.5 m)

Inventories

(69 m)(88 m)(48 m)(80.9 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
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

375.8 m127.6 m140.4 m136.5 m126.2 m131.5 m126.9 m134.2 m148.9 m

Depreciation and Amortization

53.5 m19.4 m

Accounts Receivable

(116.4 m)(66.1 m)

Inventories

(52.3 m)(5.2 m)876.7 m883.2 m965.1 m985.1 m966.9 m1 b1 b

Accounts Payable

21.3 m28.3 m133.5 m132 m158.5 m158.7 m117.8 m129.7 m141.2 m

Cash From Operating Activities

332.9 m180.1 m

Purchases of PP&E

(143.5 m)(43.9 m)

Cash From Investing Activities

(139 m)(42.3 m)

Cash From Financing Activities

(135.3 m)(127.2 m)

Income Taxes Paid

35 m59.2 m
USDY, 2017

Revenue/Employee

55.6 k

Financial Leverage

1.4 x

Fastenal Market Value History

Fastenal Median Salaries

Source: 37 public H-1B filings from Fastenal

Traffic Overview of Fastenal

Fastenal Online and Social Media Presence

Fastenal Company Life and Culture

You may also be interested in