FAST

FastenalNASDAQ · Trading Companies & Distributors · Industrials

Previous close

51.91

Change

−0.64 / −1.22%

FinDog View

Bullish

52-Week Range ?

38.97 – 53.30

P/E (TTM) ?

42.0

Forward P/E ?

36.7

Based on consensus earnings for the next 12 months

Market Cap

$60.0B

+4.81%

S&P 500 −0.91% over same period

Volume / Avg Volume

11.2M / 6.9M

1.64× average

Latest earnings analysisFY2026 Q2Reported 2026-07-14

Fastenal Q2 2026: revenue up 14.7%, EPS $0.33, margin steady

Fastenal's fiscal 2026 second quarter was a growth story with a soft spot: revenue rose 14.7% to $2.39 billion and net income rose 15.9% to $382.8 million, but EPS of $0.33 came in just under the $0.3343 consensus and gross margin fell to 44.6%. Read it as a share-gain quarter where operating leverage did the heavy lifting, while cash conversion and gross margin leave something to be desired.

Read the full analysis →

Revenue$2.39BYoY +14.70%

EPS$0.33Missest. $0.33

Next-day move−0.83%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 42.71M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-14	$2.4B	0.33 / 0.33	−0.83%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-13	$2.2B	0.30 / 0.31	−2.58%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-20	$8.2B	1.09 / 0.26	+4.67%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-14	$2.1B	0.29 / 0.30	−1.19%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-14	$2.1B	0.29 / —	+0.13%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-11	$2.0B	0.52 / —	+0.82%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-19

in 79 days · After hours

Consensus EPS

$0.31

Last quarter EPS $0.33

Avg. next-day move over the last 6 reports

±1.7%

EPS beat in 1 of the last 1 reports

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 46 of its 5-year rangeMid-range

5-year range 16.4 – 77.6 · Median 42.6

Last 4 quarters: $80.8M in buybacks + $1.1B in dividends, 1.97% of market cap combined

P/E (TTM)

42.0

P/B

14.4

P/S

6.6

Dividend Yield

2.30%

Earnings Reaction

Over the last 6 reports, the stock moved ±1.7% on average on the first trading day after, rising 3 times

Most recent −0.83%

Volatility & Correlation

1-year beta 0.53 · Correlation with S&P 500 0.28Low beta

Annualized volatility 24% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 3 · $2.4MNet selling $2.4M

08-13Papenfuss Donnalee KathleenEVP-Strategy and CommunicationSell$0.48M9,258 shares · 2 trades · Avg price 51.39
08-10Ancius Michael JDirectorSell$0.16M3,000 shares · Avg price 52.00
08-05Heise Rita J.DirectorSell$1.8M34,964 shares · 2 trades · Avg price 50.05

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	2.46	+15.5%	44.8%	0.53	0.40	0.35	0.35
FY2026 Q2	2.39	+14.7%	44.6%	0.50	0.38	0.20	0.33
FY2026 Q1	2.20	+12.4%	44.6%	0.45	0.34	0.32	0.30
FY2025 Q4	2.03	+11.1%	44.3%	0.38	0.29	0.31	0.25
FY2025 Q3	2.13	+11.7%	45.3%	0.44	0.34	0.33	0.29
FY2025 Q2	2.08	+8.6%	45.3%	0.44	0.33	0.21	0.29
FY2025 Q1	1.96	+3.4%	45.1%	0.39	0.30	0.21	0.26
FY2024 Q4	1.82	+3.7%	44.8%	0.34	0.26	0.22	-0.03
FY2024 Q3	1.91	+3.5%	44.9%	0.39	0.30	0.24	0.26
FY2024 Q2	1.92	+1.8%	45.1%	0.39	0.29	0.20	0.25
FY2024 Q1	1.90	+1.9%	45.5%	0.39	0.30	0.28	0.52
FY2023 Q4	1.76	+3.7%	45.5%	0.35	0.27	0.32	-0.55

Peers

Largest by market cap in the sector · Latest quarterView Industrials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
FAST	Fastenal	$60.0B	42.0	+15.5%	44.8%	+4.81%	Bullish
SPCX	SpaceX	$1.85T	—	+161.4%	62.4%	−10.70%	Bullish	Compare
CAT	Caterpillar Inc.	$288B	26.8	+24.0%	37.8%	−23.19%	Bullish	Compare
GE	GE Aerospace	$313B	35.1	+15.9%	—	−3.36%	Bullish	Compare
RTX	RTX Corporation	$271B	32.0	+11.1%	—	+7.62%	Bullish	Compare
GEV	GE Vernova	$227B	22.8	+26.8%	24.6%	−9.74%	Bullish	Compare
UNP	Union Pacific Corporation	$181B	23.6	+15.3%	—	+11.71%	Bullish	Compare
DE	Deere & Company	$182B	36.7	+4.9%	—	+0.59%	Bullish	Compare
ETN	Eaton Corporation	$144B	38.6	+21.4%	33.5%	−13.90%	Bullish	Compare

The View in One Line

Revenue up 14.7%, operating margin 21.0%, contract customer daily sales up 17.6%, showing share gains; but EPS 0.33 slightly missed and cash conversion is weak.

Updated 2026-10-30

View History

09-17Neutral → Bullish
Revenue up 14.7% YoY, operating margin 21.0%, contract customer daily sales up 17.6%, gaining share; but EPS $0.33 slightly missed, cash flow coverage weak. Bullish.

Notable Institutional Holders

Citadel Advisors · Ken Griffin$94.8MAdded +86%
Renaissance Technologies$2.8M

As of 2026-06-30

ETFs holding it

SCHD Schwab U.S. Dividend Equity ETF1.41%
XLI Industrial Select Sector SPDR Fund1.12%
QUAL iShares MSCI USA Quality Factor ETF0.54%
QQQ Invesco QQQ0.28%
QQQM Invesco NASDAQ 100 ETF0.27%
VIG Vanguard Dividend Appreciation ETF0.25%
VYM Vanguard High Dividend Yield ETF0.24%
RSP Invesco S&P 500 Equal Weight ETF0.21%

Weights estimated at latest prices

Key Events

07-16Management Change
Fastenal Appoints Watts as CEO and Board Member
Effective July 16, 2026, Jeffery M. Watts became Fastenal's president and CEO and joined the board, with an annual salary of $650,000, succeeding Daniel L. Florness.Source ↗
06-23Capital Actions
Fastenal Renews $835 Million Revolving Credit Agreement
On June 18, Fastenal entered into a second amended credit agreement with Wells Fargo and other banks, with an $835 million revolving credit facility maturing on June 18, 2031.Source ↗
06-12Management Change
Fastenal Board Adds Vishal Talwar as Independent Director
On June 12, 2026, the Fastenal board elected Vishal Talwar as an independent director, increasing the board size from 11 to 12, and he also joined the Nominating and Corporate Governance Committee.Source ↗
04-29Governance
Shareholders Approve Employee and Director Restricted Stock Plans
On April 23, 2026, Fastenal's annual meeting approved the employee restricted stock unit plan and the non-employee director stock and restricted stock unit plan.Source ↗
04-24Governance
Fastenal Annual Meeting Approves Director Elections and Auditor Reappointment
On April 23, 2026, Fastenal's shareholders elected 11 directors, approved PwC as auditor for fiscal 2026, and passed executive compensation and equity incentive plans.Source ↗

Key Financial Trends

Quarterly Revenue ($B)2.5

Gross Margin44.8%

Free Cash Flow ($B)0.3