Fastenal Company Share Price and Company Fundamentals
Last traded: Yesterday at 8:00 PM
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Key Metrics
PE ratio
32.88
PB ratio
11.09
Dividend yield
2.16%
Beta
1.06
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Industrial Distribution / Industrials |
|---|---|
| Full time employees | 20935 |
| Website | https://www.fastenal.com |
| Mailing address | 2001 Theurer Boulevard Winona MN 55987-1500 United States |
| Phone / Fax | 507 454 5374 / |
Dividends
Dividend yield
2.16%
Dividend amount
$1.44
Payout ratio
71.29%
5Y Avg. yield
2.28%
Fastenal Company paid $1.44 dividend and the ex-dividend date was 24 Apr 2024.The dividend payout ratio is 71.29%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FAST dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
FAST's forward dividend amount is $1.56 and the forward dividend yield is 2.35%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Fastenal Company.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Daniel L. Florness | President, CEO & Director | 60 | 2.22M |
| Mr. Holden Lewis | Senior EVP & CFO | 54 | 1.16M |
| Mr. Jeffery Michael Watts | Chief Sales Officer | 51 | 1.2M |
| Mr. John Lewis Soderberg | Senior Executive Vice President of Information Technology | 52 | 1.02M |
| Mr. Charles S. Miller | Senior Executive Vice President of Sales | 49 | 1.29M |
| Ms. Anthony P. Broersma | Executive Vice President of Operations | 43 | |
| Ms. Sheryl Ann Lisowski | Executive VP, Chief Accounting Officer & Treasurer | 56 | 262.89k |
| John J. Milek | VP & General Counsel | ||
| Ms. Noelle Joan Oas J.D. | Executive Vice President of Human Resources | 38 | |
| Mr. James C. Jansen | Executive Vice President of Manufacturing | 53 | 750.04k |
Profitability and management effectiveness
Profit margin
15.68%
Operating margin
20.59%
Return on assets
20.93%
Return on equity
34.56%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Fastenal Company is and its enterprise value is .
The FAST's stocks Beta value is 1.06 making it 6% more volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Fastenal Company (NASDAQ:FAST) Frequently Asked Questions
1. What is Fastenal Company's Stock Symbol?
Fastenal Company trades on NASDAQ under the ticker symbol "FAST".
2. What is Fastenal Company's stock price today?
One share of FAST stock can currently be purchased for approximately $66.42.
3. How can I contact Fastenal Company?
Fastenal Company's mailing address is 2001 Theurer Boulevard Winona MN 55987-1500 United States. The company can be reached via phone at 507 454 5374.
4. What is Fastenal Company's official website?
The official website of Fastenal Company is https://www.fastenal.com.