FASTFASTENAL CO
Retail-Building Materials, Hardware, Garden Supply
- Revenue
- $8.2B
- 8.7% YoY
- Operating margin
- 20.2%
- 0.9% YoY
- EBITDA
- $1.8B
- 8.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.1×
- −$112M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear103% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear77% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.0B | $7.0B | $7.3B | $7.5B | $8.2B | 8.7% |
| Operating income | $1.2B | $1.5B | $1.5B | $1.5B | $1.7B | 9.6% |
| Net income | $925M | $1.1B | $1.2B | $1.2B | $1.3B | 9.4% |
| Operating cash flow | $770M | $941M | $1.4B | $1.2B | $1.3B | 10% |
| Capex | $157M | $174M | $173M | $227M | $245M | 8.3% |
| Stock-based comp | $6M | $7M | $7M | $8M | $8M | 5.0% |
| Buybacks | $0 | $238M | $0 | $0 | — | |
| Dividends | $644M | $711M | $1.0B | $893M | $1.0B | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.