FASTENAL NASDAQ: FAST
Background of Fastenal
- Fastenal Co is an American company that, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally.
- Fastenal Co has its headquarters in Winona, Minnesota.
- Fastenal Co’s service model comprises approximately 3 200 in-market locations, each with a dedicated sales team and providing custom inventory to support local businesses.
- As an industrial distributor Fastenal Co offers companies supply chain solutions that help business reduce inventory touches, and supply chain waste.
- Since 2006 Fastenal Co is a sponsor of NASCAR and most recently became the official MRO partner of the NHL in 2025.
- Fastenal Co oversees a high-value product portfolio which emerged from selling mostly fasteners such as screws, threaded rods, and nuts, which are used in construction and manufacturing to a more diverse product range today.
- In addition to an excess of SKUs, Fastenal Co offers a variety of services, including inventory management, small fastener manufacture, vending, and machining.
- Fastenal Co-operates retail stores in every U.S. state, every province of Canada, Mexican states, and Puerto Rico and Panama.
- Internationally, Fastenal Co has sites in China, Dominican Republic, Hungary, Malaysia, the Netherlands, Germany, Singapore, and the United Kingdom.
- Fastenal Co serves the manufacturing market that includes original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors.
- Farmers, truckers, railroads, mining companies, schools, and retail trades also benefits by the products offered by Fastenal Co, while oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities can hardly operate without these products too.
- Fastenal Co distributes its products through a network of more than 3 200 in-market locations and 16 distribution centres.
- Fastenal Co has a rich history that dates to 1967 when it was founded by Bob Kierlin and incorporated in December 1968.
- In 2001, Fastenal Co opened its Singapore location, the first site outside North America.
- By 2004, 50% of Fastenal Co products were processed steel.
- Fastenal Co entered the Canadian market in 1994 and by 2009 had retail sales outlets in every province, as well as two Canadian distribution centres.
- Fastenal Co commenced its Mexico activities in 2001 and by 2009 had established retail outlets as well as a distribution centre in 14 of Mexico’s states.
- Fastenal Co’s offerings are purchased, not made but as of 2009, the company had at least one cold heading manufacturing line.
- Fastenal Co has an Asian trading company, Fastenal Asian Sourcing and Trading Co, which is a Wholly Foreign-Owned Enterprise located in Shanghai, China, from where it directs sourcing and import purchasing activities.
- By 2009, sales operations in Singapore were complemented by operations in its neighbour Malaysia.
- Fastenal Co runs an A2LA accredited testing laboratory in this nation as of 2014.
- Fastenal Co was added to the S&P 500 index in late 2008, replacing removed corporations.
- Today, Fastenal Co is truly one of the most valuable companies in the world with a market capitalization of US$ 31.266 billion recorded in July 2025.
- In 2025 the total staff compliment for Fastenal Co was more than 18 200.
- Fastenal Co’s executive leadership team consists of: Daniel L. Florness – President, Chief Executive Officer, Director; Holden Lewis – Chief Financial Officer, Executive Vice President.
- Sheryl A. Lisowski – Executive Vice President, Chief Accounting Officer, Treasurer; William J. Drazkowski – Executive Vice President – Sales and Charles S. Miller – Senior Executive Vice President – Sales.
Fastenal Shares Growth Driver
- Fastenal Co is engaged in wholesale distribution of industrial and construction supplies. Fastenal Co distributes these supplies through a network of approximately 2 500 stores. Fastenal Co customers are in the manufacturing and non-residential construction markets.
- Fastenal Co. signed more than 16 400 industrial vending devices during 2025, including 3 456 devices during the fourth quarter of 2025.
- Fastenal Co installed device count on December 31, 2025, was 95 733, an increase of 6.4% over 2019.
- Fastenal Co’s higher installed base was partly offset by reduced device throughput owing to the soft economic activity of 2025.
- Fastenal Co plan to alter its presentation of vending in 2025 to reflect development of its FAST Bin technologies, which can improve supply chain visibility for a broader range of products, complementing vending.
- Fastenal Co view industrial vending and FAST Bin, along with FAST Stock, to be part of a suite of tools that provide the company with the means to manage its customers’ product consumption and fulfilment better and more visibly.
- This should take the targeted monthly throughput of each FMI device signed or installed and compares it to the $2 000 target monthly throughput of the FAST 5000 vending device.
- Fastenal Co anticipates weighted FMI device signings to be in a range of 23 000 to 25 000 MEUs, which compares to actual signings of 15 724 in 2025 and 20 593 in 2019.
- As such, the company’s innovative and competitive portfolio has allowed it to defy the market trends surrounding the coronavirus pandemic, with performance and shares still attractive after a tumultuous 2025.
Fastenal Investor Tip
- Fastenal Co trades its shares on the NASDAQ Stock Market (NASDAQ) under the stock symbol FAST. Fastenal Co forms part of the NASDAQ-100.
- An analysis on Fastenal Co’s market performance and income statement indicates Revenue (ttm) of 5.7 billion, Revenue Per Share (ttm) 9.92, Quarterly Revenue Growth (yoy) -0.10%, Gross Profit (ttm) 2.57 billion, EBITDA 1.32 billion, Net Income Avi to Common (ttm) 867.9 million and Diluted EPS (ttm) 1.50.
- During the last twelve months, Fastenal Co reduced its total FTE employee headcount by 1 132, primarily related to efforts to control expenses in response to weaker demand from traditional manufacturing and construction customers.
- Fastenal Co delivered a stable performance despite the economic impact which resulted from the global coronavirus pandemic. This stable performance can be largely owed to the company’s diverse portfolio, as well as its strong medical supplies sector which witnessed growing demand as hospitals geared up to combat the virus.
- With sound financials and significant, consistent, and continuous growth forecasted for the remainder of 2025, shareholders who buy or sell shares can expect lucrative dividends and returns.
- Overall, the company’s a stable performance has resulted in healthy dividends and a good share price for investors who choose to purchase shares today, securing a decent buy-in in 2025 and in the future.
- For more information regarding the company’s forecast, the buy or sell of shares and the live price chart, visit the company’s online Investor Relations page.
- Data from this analysis should be weighed against forecasted performance during this pandemic, but for now, prices on shares and in turn dividends remain unaffected, which provides shareholders with assurance that they will have a strong buy-in on NASDAQ.
Sector
Industrials
Industry
Industrial Distribution
Sub industry
Supply Chain
Latest News
Fastenal: How to buy Fastenal Shares Online
Here are the steps you need to follow to buy Fastenal Co shares with utmost confidence:
- Navigate to the AvATrade website and select ‘Register’.
- Complete the registration form with the required information and submit documentation to verify your proof of Identity along with your proof of address.
- As soon as your account application has been reviewed and approved, you can select your trading platform from AvATrade’s website, or by visiting the MetaTrader 4 or MetaTrader 5 websites respectively to start download.
- Once you have downloaded the trading platform of your choice, you can use your AvATrade live account details to log into your AvATrade account on the trading platform.
- From the Market Watch screen on both MetaTrader 4 and MetaTrader 5, you can select ‘Fastenal’ or ‘FAST’ to buy/purchase shares.
- Alternatively, you can make use of AvATrade’s online Web Trader or the AvATradeGo mobile application.
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More shares that can be purchased through AvATrade, can be viewed here.
FAQ
Can I buy Fastenal Co shares in South Africa?
Yes, you can.
How to buy Fastenal Co shares?
By simply opening a free account with SA Shares, or by clicking the “Buy this Share” button to get started.
What is the current share price?
By clicking on the link provided above, you can view the real-time Fastenal Co share price on the platform.
Is Fastenal Co a good share to buy?
Yes, it is. Despite the growing concerns surrounding Covid-19, Fastenal Co is continuing manufacturing, sales and delivery of its products and it is forecasted to be one of the very few automotive companies to make a significant rebound post-Covid-19.
Can I buy Fastenal Co CFD through SA Shares?
Yes, you can.
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