Fastenal Company Share Price and Company Fundamentals



Price
$52
Change
-0.890 (-1.683%)
52 week
31.64 - 53.04

Last traded: Last Wednesday 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, which 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; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves 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. The company distributes its products through a network of 3,268 in-market locations and 16 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Key Metrics

PE ratio

34.44

PB ratio

10.72

Dividend yield

1.95%

Beta

1.26

Market cap

$29.87B

Enterprise value

$30.94B

Company profile

Industry / SectorIndustrial Distribution / Industrials
Full time employees18094
Websitehttp://www.fastenal.com
Mailing address2001 Theurer Boulevard Winona MN 55987-1500 United States
Phone / Fax507 454 5374 /

Dividends

Dividend yield

1.95%

Dividend amount

$1.03

Payout ratio

68.21%

5Y Avg. yield

2.53%

Fastenal Company paid $1.03 dividend and the ex-dividend date was 22 Apr 2021.The dividend payout ratio is 68.21%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FAST dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

FAST's forward dividend amount is $1.12 and the forward dividend yield is 2.10%. 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 2021, following are the company executives and directors listed on Fastenal Company.

NameTitleAgeTotal Pay
Mr. Daniel L. FlornessPres, CEO & Director572.06M
Mr. Holden LewisExec. VP & CFO511.07M
Ms. Reyne K. WisecupSr. EVP of HR & Director571.08M
Mr. Terry Modock OwenSr. Exec. VP of Sales Operations521.45M
Mr. Jeffery M. WattsExec. VP of International Sales481.15M
Ms. Sheryl Ann LisowskiExec. VP, Chief Accounting Officer & Treasurer53
John J. MilekVP & Gen. Counsel
Ms. Ellen StoltsFinancial Reporting & Regulatory Compliance Mang.
Mr. James C. JansenExec. VP of Manufacturing50
Mr. John Lewis SoderbergSr. Exec. VP of Information Technology49

Profitability and management effectiveness

Profit margin

15.22%

Operating margin

20.17%

Return on assets

17.94%

Return on equity

31.86%

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 29.87B and its enterprise value is 30.94B. The enterprise value to revenue ratio of FAST is 5.43.

The FAST's stocks Beta value is 1.26 making it 26% 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 $52.

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 http://www.fastenal.com.