Fastenal market cap is $20.8 b, and annual revenue was $4.97 b in FY 2018

Fastenal Net income (Q3, 2019)213.5 M

Fastenal EBIT (Q3, 2019)281.9 M

Fastenal Cash, 30-Sep-2019191.2 M

Fastenal EV21.1 B

Fastenal revenue was $4.97 b in FY, 2018 which is a 13.1% year over year increase from the previous period.

Fastenal revenue breakdown by business segment: 34.9% from Fasteners, 10.0% from Tools, 5.7% from Cutting Tools, 6.8% from Hydraulics and Pneumatics, 5.8% from Material Handling, 7.6% from Janitorial Supplies, 17.2% from Safety Supplies and 12.0% from Other

Fastenal revenue breakdown by geographic segment: 12.0% from Other Foreign Countries and 88.0% from United States

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Revenue | 2.3b | 2.8b | 3.1b | 4.0b | 4.4b | 5.0b |

| 2% | 11% | 13% | |||

## Cost of goods sold | 1.1b | 1.3b | 1.5b | 2.0b | 2.2b | 2.6b |

## Gross profit | 1.2b | 1.4b | 1.6b | 2.0b | 2.2b | 2.4b |

| 52% | 52% | 52% | 50% | 49% | 48% |

## General and administrative expense | 745.1m | 859.4m | 941.2m | 1.2b | 1.3b | 1.4b |

## Operating expense total | 745.1m | 859.6m | 940.8m | 1.2b | 1.3b | 1.4b |

## EBIT | 429.7m | 574.6m | 673.7m | 795.8m | 881.8m | 999.2m |

| 19% | 21% | 21% | 20% | 20% | 20% |

## Interest expense | 6.5m | 9.1m | 12.6m | |||

## Interest income | 951.0k | 472.0k | 464.0k | 400.0k | 400.0k | 400.0k |

## Pre tax profit | 430.6m | 575.1m | 674.2m | 789.7m | 873.1m | 987.0m |

## Income tax expense | 165.3m | 217.2m | 253.6m | 290.3m | 294.5m | 235.1m |

## Net Income | 265.4m | 357.9m | 420.5m | 499.4m | 578.6m | 751.9m |

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Cash | 143.7m | 117.7m | 79.6m | 112.7m | 116.9m | 167.2m |

## Accounts Receivable | 270.1m | 338.6m | 372.2m | 499.7m | 607.8m | 714.3m |

## Prepaid Expenses | 70.5m | 89.8m | 97.4m | |||

## Inventories | 557.4m | 646.2m | 715.4m | 993.0m | 1.1b | 1.3b |

## Current Assets | 1.1b | 1.2b | 1.3b | 1.7b | 1.9b | 2.3b |

## PP&E | 363.4m | 435.6m | 516.4m | 889.7m | 893.6m | 924.8m |

## Total Assets | 1.5b | 1.7b | 1.8b | 2.7b | 2.9b | 3.3b |

## Accounts Payable | 60.5m | 73.8m | 78.0m | 108.8m | 147.5m | 193.6m |

## Short-term debt | 10.5m | 3.0m | 3.0m | |||

## Current Liabilities | 162.2m | 187.8m | 204.2m | 275.7m | 351.0m | 437.4m |

## Long-term debt | 8.0m | 8.0m | 379.5m | 412.0m | 497.0m | |

## Total Debt | 8.0m | 8.0m | 390.0m | 415.0m | 500.0m | |

## Total Liabilities | 735.8m | 813.6m | 1.0b | |||

## Common Stock | 1.5m | 3.0m | 3.0m | 2.9m | 2.9m | 2.9m |

## Preferred Stock | ||||||

## Additional Paid-in Capital | 4.4m | 16.9m | 61.4m | 37.4m | 8.5m | 3.0m |

## Retained Earnings | 1.3b | 1.4b | 1.5b | 1.9b | 2.1b | 2.3b |

## Total Equity | 1.3b | 1.5b | 1.6b | 1.9b | 2.1b | 2.3b |

## Debt to Equity Ratio | 0.2 x | 0.2 x | 0.2 x | |||

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.2 x | |||

## Financial Leverage | 1.1 x | 1.2 x | 1.2 x | 1.4 x | 1.4 x | 1.4 x |

USD | Q1, 2010 | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 178.8m | 196.4m | 172.6m | 124.8m | 89.4m | 111.0m | 198.9m | 185.9m | 195.6m | 159.2m | 122.9m | 134.3m | 115.1m | 133.4m | 137.1m | 135.5m | 129.7m | 185.4m | 175.0m | 191.2m |

## Accounts Receivable | 262.5m | 280.8m | 301.7m | 325.7m | 357.2m | 361.1m | 386.9m | 400.0m | 411.0m | 418.7m | 436.5m | 574.7m | 613.5m | 632.1m | 688.6m | 733.7m | 772.5m | 793.0m | 819.8m | 817.3m |

## Prepaid Expenses | 43.3m | 49.8m | 57.1m | 61.8m | 72.9m | 84.4m | 74.3m | 88.6m | 100.1m | 83.9m | 105.9m | 137.2m | ||||||||

## Inventories | 507.2m | 522.2m | 546.1m | 576.5m | 608.7m | 618.1m | 647.9m | 662.7m | 675.8m | 700.5m | 725.1m | 1.0b | 1.0b | 1.0b | 1.1b | 1.2b | 1.2b | 1.3b | 1.3b | 1.4b |

## Current Assets | 1.0b | 1.1b | 1.1b | 1.1b | 1.2b | 1.2b | 1.3b | 1.4b | 1.4b | 1.4b | 1.4b | 1.8b | 1.9b | 1.9b | 2.1b | 2.1b | 2.2b | 2.4b | 2.5b | 2.5b |

## PP&E | 332.1m | 344.5m | 343.8m | 373.5m | 396.5m | 420.4m | 450.2m | 459.7m | 483.9m | 555.7m | 575.6m | 890.7m | 895.2m | 889.3m | 889.0m | 880.1m | 883.8m | 943.3m | 975.1m | 997.7m |

## Total Assets | 1.4b | 1.4b | 1.5b | 1.5b | 1.6b | 1.7b | 1.8b | 1.9b | 1.9b | 1.9b | 2.0b | 2.8b | 2.9b | 2.9b | 3.0b | 3.1b | 3.2b | 3.7b | 3.8b | 3.8b |

## Accounts Payable | 65.8m | 71.4m | 73.6m | 68.5m | 83.1m | 86.8m | 76.1m | 81.2m | 84.9m | 75.3m | 89.8m | 129.7m | 141.2m | 147.1m | 148.1m | 172.1m | 186.0m | 183.9m | 203.8m | 215.2m |

## Short-term debt | 10.5m | 8.8m | 8.0m | 13.1m | 2.5m | 2.5m | 4.4m | 3.0m | ||||||||||||

## Current Liabilities | 162.3m | 166.2m | 177.1m | 209.5m | 204.4m | 218.9m | 236.2m | 210.5m | 216.0m | 253.1m | 236.1m | 369.6m | 342.3m | 360.4m | 403.0m | 381.0m | 416.1m | 554.6m | 527.9m | 555.1m |

## Long-term debt | 354.1m | 436.2m | 432.0m | 391.9m | 422.5m | 387.5m | 484.6m | 497.0m | 144.8m | |||||||||||

## Total Debt | 364.6m | 436.2m | 432.0m | 405.0m | 425.0m | 390.0m | 489.0m | 500.0m | 442.0m | |||||||||||

## Total Liabilities | 804.7m | 859.9m | 875.3m | 857.6m | 873.5m | 878.3m | 1.3b | 1.3b | ||||||||||||

## Common Stock | 1.5m | 1.5m | 1.5m | 1.5m | 3.0m | 3.0m | 3.0m | 3.0m | 3.0m | 3.0m | 3.0m | 2.9m | 2.9m | 2.9m | 2.9m | 2.9m | 2.9m | 2.9m | 2.9m | 2.9m |

## Preferred Stock | ||||||||||||||||||||

## Additional Paid-in Capital | 1.3m | 2.3m | 3.3m | 5.3m | 10.0m | 14.3m | 43.9m | 47.3m | 53.0m | 66.6m | 73.3m | 41.5m | 1.2m | 1.3m | 13.7m | 400.0k | 7.4m | 22.7m | 46.0m | 50.3m |

## Retained Earnings | 1.2b | 1.2b | 1.3b | 1.3b | 1.3b | 1.4b | 1.5b | 1.5b | 1.6b | 1.6b | 1.6b | 2.0b | 2.0b | 2.1b | 2.2b | 2.3b | 2.3b | 2.4b | 2.5b | 2.6b |

## Total Equity | 1.2b | 1.3b | 1.3b | 1.3b | 1.4b | 1.4b | 1.5b | 1.6b | 1.7b | 1.6b | 1.7b | 2.0b | 2.0b | 2.0b | 2.2b | 2.2b | 2.3b | 2.4b | 2.5b | 2.6b |

## Debt to Equity Ratio | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | |||||||||||

## Debt to Assets Ratio | 0.1 x | 0.2 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | |||||||||||

## Financial Leverage | 1.2 x | 1.1 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.5 x | 1.5 x | 1.5 x |

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Net Income | 265.4m | 357.9m | 420.5m | 499.4m | 578.6m | 751.9m |

## Depreciation and Amortization | 40.7m | 44.1m | 53.5m | 103.5m | 123.6m | 134.1m |

## Accounts Receivable | (64.6m) | (77.7m) | (43.3m) | (40.5m) | (103.7m) | (120.3m) |

## Inventories | (49.0m) | (88.8m) | (69.2m) | (80.9m) | (76.3m) | (193.3m) |

## Accounts Payable | 7.0m | 13.3m | 4.2m | (17.2m) | 36.3m | 46.1m |

## Cash From Operating Activities | 240.5m | 268.5m | 396.3m | 519.9m | 585.2m | 674.2m |

## Purchases of PP&E | (73.6m) | (120.0m) | (138.4m) | (189.5m) | (119.9m) | (176.3m) |

## Cash From Investing Activities | (80.0m) | (112.2m) | (107.2m) | (188.1m) | (179.3m) | 173.9m |

## Long-term Borrowings | (920.0m) | (980.0m) | (895.0m) | |||

## Dividends Paid | (182.8m) | (191.7m) | (367.3m) | (346.6m) | (369.1m) | (441.9m) |

## Cash From Financing Activities | (182.8m) | (181.8m) | (327.5m) | (346.8m) | (407.2m) | (446.5m) |

## Net Change in Cash | (21.2m) | (26.0m) | (38.1m) | (16.3m) | 4.2m | 50.3m |

## Interest Paid | 6.2m | 8.7m | 12.6m | |||

## Income Taxes Paid | 146.7m | 205.6m | 268.4m | 248.3m | 304.1m | 215.3m |

USD | Q1, 2010 | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 56.0m | 125.2m | 200.2m | 79.5m | 173.7m | 270.5m | 100.2m | 212.5m | 321.8m | 109.0m | 230.1m | 134.2m | 283.1m | 426.2m | 174.3m | 385.5m | 583.1m | 194.1m | 398.7m | 612.2m |

## Depreciation and Amortization | 10.3m | 20.4m | 30.4m | 10.5m | 21.4m | 32.4m | 12.4m | 25.7m | 39.2m | 15.2m | 31.0m | 29.9m | 60.8m | 92.3m | 32.4m | 65.5m | 99.3m | 35.4m | 71.5m | 107.8m |

## Accounts Receivable | (49.9m) | 70.0m | 93.6m | (57.8m) | (91.3m) | (97.5m) | (50.6m) | (66.2m) | (79.7m) | (48.6m) | (68.6m) | (70.0m) | (108.0m) | (126.2m) | (82.4m) | (132.0m) | (172.0m) | (79.5m) | (106.4m) | |

## Inventories | 1.2m | 13.8m | 37.7m | (19.1m) | (51.3m) | (60.8m) | (1.7m) | (16.5m) | (29.7m) | 14.9m | (9.7m) | 1.4m | (32.1m) | (31.2m) | (41.2m) | (75.0m) | (104.9m) | (13.5m) | (64.3m) | (76.9m) |

## Accounts Payable | 12.3m | 17.9m | 20.1m | 8.0m | 22.6m | 26.4m | 2.3m | 7.5m | 11.1m | (2.7m) | 11.7m | 17.6m | 30.0m | 35.9m | 600.0k | 24.6m | 38.5m | (9.7m) | 10.2m | 21.6m |

## Cash From Operating Activities | 79.0m | 119.5m | 166.3m | 74.3m | 101.3m | 194.2m | 132.2m | 190.4m | 289.1m | 160.2m | 213.9m | 210.4m | 293.3m | 455.9m | 159.7m | 311.6m | 496.2m | 204.9m | 333.0m | 590.3m |

## Purchases of PP&E | (8.1m) | (32.2m) | (42.6m) | (21.2m) | (56.3m) | (92.5m) | (28.2m) | (51.0m) | (88.3m) | (55.5m) | (92.6m) | (21.2m) | (57.4m) | (82.7m) | (31.5m) | (60.6m) | (97.1m) | (54.4m) | (123.1m) | (184.3m) |

## Cash From Investing Activities | (6.5m) | (29.0m) | (38.4m) | (19.9m) | (49.6m) | (84.3m) | (27.3m) | (49.7m) | (87.4m) | (54.3m) | (89.7m) | (75.1m) | (109.7m) | (138.2m) | (28.9m) | (53.9m) | (98.9m) | 204.9m | (119.6m) | (179.1m) |

## Short-term Borrowings | (20.0m) | (30.0m) | ||||||||||||||||||

## Long-term Borrowings | (265.0m) | (495.0m) | (750.0m) | (190.0m) | (405.0m) | (665.0m) | (240.0m) | (525.0m) | ||||||||||||

## Dividends Paid | (59.0m) | (59.0m) | (120.9m) | (73.7m) | (112.0m) | (150.4m) | (50.2m) | (100.5m) | (156.8m) | (29.7m) | (89.0m) | (92.6m) | (185.1m) | (277.1m) | (106.4m) | (212.7m) | (327.5m) | (123.0m) | (246.1m) | (372.3m) |

## Cash From Financing Activities | (59.0m) | (59.0m) | (120.9m) | (73.7m) | (106.7m) | (141.9m) | (24.2m) | (72.2m) | (124.1m) | (25.9m) | (79.8m) | (114.7m) | (183.5m) | (301.2m) | (112.6m) | (237.5m) | (381.6m) | (134.9m) | (206.0m) | (384.3m) |

## Net Change in Cash | 14.0m | 31.5m | 7.7m | (18.8m) | (54.3m) | (32.6m) | 81.2m | 68.2m | 77.9m | 79.6m | 43.2m | 21.6m | 2.4m | 20.7m | 20.2m | 18.6m | 12.8m | 18.2m | 7.8m | |

## Interest Paid | 34.0k | 37.0k | 1.5m | 3.5m | 6.1m | 2.7m | 5.9m | 8.9m | 4.0m | 7.8m | 11.3m | |||||||||

## Income Taxes Paid | 1.2m | 59.0m | 105.3m | 6.1m | 89.6m | 145.4m | 21.8m | 113.8m | 184.2m | 6.5m | 120.7m | 78.4m | 24.8m | 19.5m | 9.6m | 96.8m | 158.0m | 11.7m | 122.3m | 182.6m |

USD | Y, 2019 |
---|---|

## EV/EBIT | 74.8 x |

## EV/CFO | 35.7 x |

## Debt/Equity | 0.2 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 1.5 x |

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

## Active Onsite Locations | 605 | 894 | 945 | 1.03 k | |||||||||||||

## Branch Locations | 2.38 k | 2.23 k | 2.19 k | 2.17 k | |||||||||||||

## Industrial Vending Devices Installed | 56.89 k | 58.35 k | 60.40 k | 62.82 k | 64.43 k | 66.58 k | 69.06 k | 71.42 k | 73.56 k | 76.10 k | 78.71 k | 81.14 k | 83.41 k | 85.87 k | |||

## Industrial Vending Devices Signed | 4.65 k | 4.87 k | 4.78 k | 3.76 k | 18.06 k | 5.44 k | 4.88 k | 4.77 k | 4.27 k | 19.36 k | 5.68 k | 5.54 k | 5.88 k | 4.98 k | 22.07 k | 5.60 k | 5.44 k |

## Machine Equivalent Industrial Vending Devices Installed | 43.33 k | 44.71 k | 46.40 k | 48.40 k | 49.92 k | 51.95 k | 54.22 k | 56.44 k | 58.57 k | 61.41 k | 64.21 k | 66.78 k | |||||

## Machine Equivalent Industrial Vending Devices Signed | 3.70 k | 3.94 k | 3.52 k | 2.95 k | 14.11 k | 4.48 k | 4.03 k | 4.01 k | 3.64 k | 16.16 k | 5.27 k | 5.25 k | 5.25 k | 4.61 k | 20.38 k |