TORVANTA
Industrials · S&P 500 · data as of 2026-10-05

FAST stock analysis: Fastenal

Fastenal (FAST) is an S&P 500 company in Trading Companies & Distributors. It grades weakest on value.

The model's view of FAST · subscribers

Where FAST ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

See plans
What's happening with FAST · updated 2026-10-05 · from prices and SEC filings

FAST price performance

FAST against the S&P 500, one year
-20%+0%+20%S&P 500 +18%FAST +6%2025-09-292026-10-05
Year to date+28.4%S&P 500 +14.5% · ahead by 13.9 pts
1 year+8.2%S&P 500 +17.0% · behind by 8.9 pts
3 years+98.5%S&P 500 +89.3% · ahead by 9.2 pts
5 years+121.2%S&P 500 +91.3% · ahead by 29.9 pts

Total returns with dividends reinvested.

FAST factor grades

Each grade compares FAST with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueP/E 43.3x (sector 27.2x)FCF yield 2.0% (sector 4.0%)
BGrowthRevenue growth +13% (sector +7%)EPS growth +13% (sector +9%)
BProfitabilityOperating margin 20.3% (sector 16.9%)ROIC 33.9% (sector 19.9%)
B+Momentum12-month change +8%From 52-wk high -3%

FAST in plain numbers

FAST key statistics

SectorIndustrials
IndustryTrading Companies & Distributors
IndexS&P 500
Market value$58.2B
Revenue growth (y/y)+13%
Free-cash-flow yield2.0%
Dividend yield1.9%
Next earnings (expected)2026-10-13
Valuation measures
Market value$58.2B
Enterprise value$58.1B
P/E (trailing)43.3x
Forward P/E (Torvanta estimate)40.9x
PEG (Torvanta estimate)6.77
Price / sales6.6x
Price / book14.3x
EV / revenue6.6x
EV / EBITDA32.7x
Financial highlights
Revenue, last 12 months$8.7B
Net income, last 12 months$1.4B
EPS, last 12 months (GAAP)$1.17
Gross margin44.7%
Operating margin20.3%
Net margin15.5%
Return on equity34.3%
Return on invested capital33.9%
Cash$204.7M
Total debt$120.0M
Debt / equity0.03x
Free cash flow, last 12 months$1.2B
Interest cover394.5x
Current ratio4.18x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

FAST earnings trends

Revenue vs earnings
$0$596.7M$1.2B$1.8B$2.4BSep 2024 Revenue: $1.9BDec 2024 Revenue: $1.8BMar 2025 Revenue: $2.0BJun 2025 Revenue: $2.1BSep 2025 Revenue: $2.1BDec 2025 Revenue: $2.0BMar 2026 Revenue: $2.2BJun 2026 Revenue: $2.4BSep 2024 Net income: $298.1MDec 2024 Net income: $262.1MMar 2025 Net income: $298.7MJun 2025 Net income: $330.3MSep 2025 Net income: $335.5MDec 2025 Net income: $294.0MMar 2026 Net income: $339.8MJun 2026 Net income: $382.8MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 15.6%Net margin: 14.4%Net margin: 15.2%Net margin: 15.9%Net margin: 15.7%Net margin: 14.5%Net margin: 15.4%Net margin: 16.0%0%8%16%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.1$0.2$0.3$0.3Sep 2024 EPS (GAAP, diluted): $0.3Dec 2024 EPS (GAAP, diluted): $0.2Mar 2025 EPS (GAAP, diluted): $0.3Jun 2025 EPS (GAAP, diluted): $0.3Sep 2025 EPS (GAAP, diluted): $0.3Dec 2025 EPS (GAAP, diluted): $0.3Mar 2026 EPS (GAAP, diluted): $0.3Jun 2026 EPS (GAAP, diluted): $0.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +12% · Dec 2025 +11% · Mar 2026 +15% · Jun 2026 +14%

From the company's 10-Q and 10-K filings with the SEC.

Fastenal financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$6.0B$7.0B$7.3B$7.5B$8.2B
Net income$925.0M$1.1B$1.2B$1.2B$1.3B
EPS (GAAP)$0.81$0.95$1.02$1.00$1.09
Free cash flow$613.5M$767.2M$1.3B$946.8M$1.1B

FAST earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-14$0.33+14%+15%-4.3%
2026-04-13$0.30+15%+12%-11.5%
2026-01-20$0.25+11%+11%+2.9%
2025-10-14$0.29+12%+12%-0.5%
2025-07-14$0.29+14%+9%+4.5%
2025-04-11$0.260%+3%+4.5%

About Fastenal

HeadquartersWinona, MN
Industry (SEC code)Retail-Building Materials, Hardware, Garden Supply
Fiscal year endsDecember 31
Incorporated inMN
Listed onNasdaq
FormerlyFASTENAL COMPANY

From the company's SEC registration record.

Companies similar to FAST

CompanyMarket valueP/ERevenue growthOperating margin12-month change
FAST Fastenal$58.2B43.3x+13%20.3%+8%
AME Ametek$57.8B36.8x+13%25.9%+38%compare
PCAR PACCAR$57.6B23.0x-11%n/a+14%compare
FIX Comfort Systems USA$60.3B42.1x+46%16.5%+110%compare
TDG TransDigm$60.4B33.1x+17%46.0%-15%
GWW W.W. Grainger$60.6B32.8x+8%14.6%+36%
DAL Delta Air Lines$54.6B13.8x+10%8.1%+47%

All Industrials stock ratings

Frequently asked questions

Is FAST stock a buy?

Torvanta does not tell individuals what to buy. Its grades for FAST are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is FAST's P/E ratio?

FAST trades at about 43.3 times its last 12 months of GAAP earnings reported to the SEC, and about 40.9 times Torvanta's own estimate of the next 12 months.

When does FAST report earnings next?

Based on its filing history, Torvanta expects Fastenal to report around 2026-10-13.

Does FAST pay a dividend?

Yes. Its dividend yield is about 1.9%, and it has raised its dividend 1 years in a row.

How has FAST performed against the S&P 500?

Over the past year FAST returned +8.2%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

See plans Or get the free weekly newsletter

Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

All stock ratings · Stock lists · AI stock research · Model portfolio · Research · Disclaimer