FASTENAL CO FAST 86.08
Industrials · NASDAQ · Data as of 2026-10-19
FASTENAL CO (FAST) has delivered +8.3% annualized revenue growth, +10.4% earnings growth, and +13.4% dividend growth over 10 years of data. Ranked #38 of 1968 stocks overall and #7 of 442 in the Industrials sector by Steady Score.
About FASTENAL CO
Company Overview
Fastenal distributes industrial and construction supplies to manufacturers, contractors and other organizations. Its range includes threaded fasteners, safety products, tools, cutting equipment, electrical supplies and products used to maintain facilities and production lines. The company combines branches and customer-adjacent locations with e-commerce, vending machines and managed inventory bins. Most sales are business-to-business, with manufacturing representing the largest served end market.
Read more
Business Model & Revenue
Revenue comes from reselling stocked and sourced products, supported by supply-chain services that place inventory near the point of use. Local teams replenish customer bins and vending devices, while regional distribution centers provide frequent deliveries. Integrated supply arrangements can make Fastenal responsible for portions of a customer's purchasing and inventory process. Sales depend on industrial activity, customer consumption, product pricing and expansion of managed-inventory programs.
Key Facts & Market Position
Fastenal's operating model joins physical distribution with technology inside customer facilities. FASTVend controls access and tracks consumption, while FASTBin and FASTStock support automated or regularly serviced replenishment. These programs turn a broad catalog of relatively small industrial items into an embedded procurement service, reducing stockouts and the administrative work customers perform for routine supplies.