Obermatt

Fastenal

NSQ:FAST · US3119001044
Trading Companies & DistributorsLarge

360

83
EV / EBIT7
Price / Owner Earnings15
Owner Earnings Yield32
Dividend Yield85
Price/Sales7
EV / Gross Profit4
Price/Book7
Return on Capital98
Cash Return on Capital100
Return on Equity98
EBIT Margin89
Gross Profitability99
Cash Conversion14
Accruals40
Owner Earnings Margin98
Sales growth70
Profit Growth92
Long-Term EPS Growth62
Owner Earnings Growth64
Reinvestment79
Price momentum51
Debt load95
Refinancing25
Debt Payback92
Liquidity98
Analyst ratings3
Opinion Changes32
Price Target Upside16
Market mood81
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Fastenal generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryTrading Companies & Distributors
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded1968
Employees11,144
ISINUS3119001044
Last UpdateApr 2, 2026
Themes
EDI (Electronic Data Interchange)Industrial AutomationRFID (Radio Frequency Identification)Freight ServiceData IntegrationProcess AutomationSoftware DevelopmentConstructionCustomer ServiceWholesale

Description

Fastenal Company (Fastenal), together with its subsidiaries, sells a broader range of industrial and construction supplies spanning more than nine major product lines through a global network of locations utilizing diverse technologies such as vendin…

Analysis

Beloved champion

Fastenal Company sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 43.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 17% a year, against analyst forecasts of 11%. The gap between price and consensus is worth watching: demanding expectations.

Growth is solid; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
57
2023202420252026

All-time high

83

May 2025

All-time low

8

Jan 2023

Average rank

60

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
7
4
3
3
Price/Earnings
7
7
9
5
Price/Book
7
7
14
8
Dividend Yield
85
71
82
87
Value (overall)
15
5
12
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →