Ticker
FAST

Price
54.51
Stock movement down
-0.83 (-1.50%)
Company name
Fastenal Company
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Industrials >
Industrial Distribution
Market cap
31.12B
Ent value
32.28B
Price/Sales
4.46
Price/Book
9.84
Div yield
2.57%
Div growth
14.33%
Growth years
22
FCF payout
92.71%
Trailing P/E
28.63
Forward P/E
25.71
PEG
4.52
EPS growth
13.20%
1 year return
6.67%
3 year return
5.62%
5 year return
13.03%
10 year return
9.05%
Last updated: 2023-09-08
Fastenal Company's growth is expected to decelerate due to slowing macros, lower ticket size, and potential pricing deflation. Find out why FAST stock is a Hold.
September 19, 2023

iO Charts is a Seeking Alpha partner

Fastenal stock's current valuation is excessively high with significant DCF model downside, leading to sell rating at current price. Read more on FAST stock here.
September 19, 2023

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.40
Dividend yield2.57%
Payout frequencyQuarterly
Maximum yield3.52%
Average yield2.50%
Minimum yield1.92%
Discount to avg yield2.83%
Upside potential2.91%
Yield as % of max yield72.96%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.57%
Current yield distribution42.54%
Yield at 100% (Min)1.92%
Yield at 90%2.09%
Yield at 80%2.18%
Yield at 50% (Median)2.47%
Yield at 20%2.74%
Yield at 10%2.87%
Yield at 0% (Max)3.52%

Dividend per share

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Dividend per share data
Years of growth22 years
CCC statusDividend Contender
Dividend per share1.40
Payout frequencyQuarterly
Ex-div date26 Jul 2023
EPS (TTM)1.89
EPS (1y forward)2.12
EPS growth (5y)13.20%
EPS growth (5y forward)6.33%

Dividend growth

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Dividend growth data
FASTS&P500
DGR MR12.90%8.78%
DGR TTM12.40%8.57%
DGR 3 years12.84%4.00%
DGR 5 years14.33%5.65%
DGR 10 years13.08%7.37%
DGR 15 years17.81%5.83%
Time since last change announced249 days
EPS growth (5y)13.20%
EPS growth (5y forward)6.33%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM65.44%92.71%
Average--
Forward66.04%-
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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E28.63
Price to OCF33.07
Price to FCF40.57
Price to EBITDA19.08
EV to EBITDA19.79

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales4.46
Price to Book9.84
EV to Sales4.62
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
September 12, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
September 8, 2023

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count570.96M
EPS (TTM)1.89
FCF per share (TTM)1.33

Income statement

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Income statement data
Revenue (TTM)6.98B
Gross profit (TTM)3.22B
Operating income (TTM)1.45B
Net income (TTM)1.09B
EPS (TTM)1.89
EPS (1y forward)2.12

Margins

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Margins data
Gross margin (TTM)46.07%
Operating margin (TTM)20.82%
Profit margin (TTM)15.57%

Balance Sheet

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Balance Sheet data
Cash230.10M
Net receivables1.01B
Total current assets3.12B
Goodwill0.00
Intangible assets0.00
Property, plant and equipment1.01B
Total assets4.55B
Accounts payable255.00M
Short/Current long term debt802.10M
Total current liabilities789.80M
Total liabilities1.39B
Shareholder's equity3.16B
Net tangible assets3.32B

Cash flow

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Cash flow data
Operating cash flow (TTM)941.00M
Capital expenditures (TTM)173.80M
Free cash flow (TTM)767.20M
Dividends paid (TTM)711.30M

Financial returns

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Financial returns data
Return on Equity34.36%
Return on Assets23.90%
Return on Invested Capital28.53%
Cash Return on Invested Capital20.14%
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STOCK INFORMATION

Stock chart

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Stock price data
Open55.43
Daily high55.51
Daily low54.34
Daily Volume2.99M
All-time high64.42
1y analyst estimate50.59
Beta1.17
EPS (TTM)1.89
Dividend per share1.40
Ex-div date26 Jul 2023
Next earnings date12 Oct 2023

Downside potential

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Downside potential data
FASTS&P500
Current price drop from All-time high-15.38%-6.74%
Highest price drop-63.45%-56.47%
Date of highest drop7 Oct 19989 Mar 2009
Avg drop from high-13.48%-11.49%
Avg time to new high18 days13 days
Max time to new high1428 days1805 days
The following slide deck was published by Fastenal Company in conjunction with their 2023 Q2 earnings call.
August 10, 2023

iO Charts is a Seeking Alpha partner

Industrial and construction supply distributor, Fastenal, reported Q2 results that were largely in-line with consensus estimates. Read more about FAST stock here.
July 14, 2023

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
FAST (Fastenal Company) company logo
Marketcap
31.12B
Marketcap category
Large-cap
Description
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Employees
19854
SEC filings
CEO
Willard Oberton
Country
USA
City
Winona
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
July 13, 2023

iO Charts is a Seeking Alpha partner

Fastenal Company (NASDAQ:NASDAQ:FAST) Q2 2023 Earnings Conference Call July 13, 2023 10:00 AM ETCompany ParticipantsTaylor Ranta - Investor RelationsDan Florness - President & Chief...
July 13, 2023

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
July 13, 2023
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
July 13, 2023
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
July 12, 2023
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
July 12, 2023
Fastenal (FAST) stock price is near its 52-week high. Read why a shortfall in Q2 and/or weaker 2H'23 guidance could be an opportunity for investors.
July 6, 2023
Fastenal's growth is driven by its Onsite program and digital solutions through FMI technology and e-commerce. Read why FAST stock is a Sell.
June 25, 2023
Get the latest news and real-time alerts from Fastenal Company (FAST) stock at Seeking Alpha.
June 5, 2023
Fastenal Company sells a variety of industrial and construction supplies on primarily a business-to-business basis at both their branch and Onsite locations. Read more about FAST here.
April 18, 2023
The following slide deck was published by Fastenal Company in conjunction with their 2023 Q1 earnings call.
April 13, 2023
Fastenal Company (NASDAQ:NASDAQ:FAST) Q1 2023 Earnings Conference Call April 13, 2023 10:00 AM ETCompany ParticipantsTaylor Ranta - Investor RelationsDan Florness - President and Chief...
April 13, 2023
iO Charts is a Seeking Alpha partnerNext page