Cash flow Fastenal Company

Equities

FAST

US3119001044

Industrial Machinery & Equipment

Market Closed - Nasdaq Other stock markets 21:00:00 12/01/2026 GMT			5-day change	1st Jan Change
41.70 ^USD	-0.67%		+1.34%	+3.91%

12-22	Fastenal Names Jeffery Watts CEO	MT
12-22	Fastenal to replace CEO Daniel Florness with insider Jeffery Watts	RE

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Published financial data: FASTENAL COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	5.65B	6.01B	6.98B	7.35B	7.55B
Total Revenues	5.65B	6.01B	6.98B	7.35B	7.55B
Cost of Goods Sold, Total	3.08B	3.23B	3.76B	3.99B	4.14B
Gross Profit	2.57B	2.78B	3.22B	3.35B	3.4B
Selling General & Admin Expenses, Total	1.43B	1.56B	1.76B	1.83B	1.89B
Other Operating Expenses, Total	1.43B	1.56B	1.76B	1.83B	1.89B
Operating Income	1.14B	1.22B	1.45B	1.53B	1.51B
Interest Expense, Total	-9.7M	-9.7M	-14.3M	-10.8M	-7.3M
Interest And Investment Income	600K	100K	700K	4.1M	5.4M
Net Interest Expenses	-9.1M	-9.6M	-13.6M	-6.7M	-1.9M
EBT, Excl. Unusual Items	1.13B	1.21B	1.44B	1.52B	1.51B
Gain (Loss) On Sale Of Assets	1.4M	-	-	-	-
EBT, Incl. Unusual Items	1.13B	1.21B	1.44B	1.52B	1.51B
Income Tax Expense	274M	283M	353M	367M	358M
Earnings From Continuing Operations	859M	925M	1.09B	1.16B	1.15B
Net Income to Company	859M	925M	1.09B	1.16B	1.15B
Net Income - (IS)	859M	925M	1.09B	1.16B	1.15B
Net Income to Common Incl Extra Items	859M	925M	1.09B	1.16B	1.15B
Net Income to Common Excl. Extra Items	859M	925M	1.09B	1.16B	1.15B
Per Share Items
Net EPS - Basic	0.75	0.8	0.95	1.01	1
Basic EPS - Continuing Operations	0.75	0.8	0.95	1.01	1
Basic Weighted Average Shares Outstanding	1.15B	1.15B	1.15B	1.14B	1.15B
Net EPS - Diluted	0.74	0.8	0.94	1.01	1
Diluted EPS - Continuing Operations	0.74	0.8	0.94	1.01	1
Diluted Weighted Average Shares Outstanding	1.15B	1.15B	1.15B	1.15B	1.15B
Normalized Basic EPS	0.62	0.66	0.78	0.83	0.82
Normalized Diluted EPS	0.61	0.65	0.78	0.83	0.82
Dividend Per Share	0.5	0.56	0.62	0.7	0.78
Payout Ratio	66.8	69.59	65.44	69.24	77.64
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.3B	1.39B	1.63B	1.71B	1.69B
EBITA	1.15B	1.23B	1.46B	1.54B	1.52B
EBIT	1.14B	1.22B	1.45B	1.53B	1.51B
EBITDAR	1.45B	1.53B	1.78B	1.86B	1.86B
Effective Tax Rate - (Ratio)	24.15	23.41	24.52	24.11	23.71
Current Domestic Taxes	243M	261M	326M	333M	322M
Current Foreign Taxes	28.1M	34.1M	35M	44.9M	39.6M
Total Current Taxes	271M	295M	361M	378M	361M
Deferred Domestic Taxes	1.3M	-13.1M	-6.1M	-10.5M	-3.1M
Deferred Foreign Taxes	1.3M	800K	-1.4M	-300K	-700K
Total Deferred Taxes	2.6M	-12.3M	-7.5M	-10.8M	-3.8M
Normalized Net Income	707M	755M	900M	951M	943M
Interest on Long-Term Debt	9.7M	9.7M	14.3M	10.8M	7.3M
Supplemental Operating Expense Items
Net Rental Expense, Total	150M	144M	149M	153M	171M
Imputed Operating Lease Interest Expense	18.75M	17.4M	23.74M	19.82M	19.58M
Imputed Operating Lease Depreciation	131M	127M	126M	134M	152M
Stock-Based Comp., SG&A Exp. (Total)	5.7M	5.6M	7.2M	7.3M	8M
Total Stock-Based Compensation	5.7M	5.6M	7.2M	7.3M	8M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	246M	236M	230M	221M	256M
Total Cash And Short Term Investments	246M	236M	230M	221M	256M
Accounts Receivable, Total	769M	900M	1.01B	1.09B	1.11B
Total Receivables	769M	900M	1.01B	1.09B	1.11B
Inventory	1.34B	1.52B	1.71B	1.52B	1.64B
Other Current Assets, Total	147M	197M	174M	189M	202M
Total Current Assets	2.5B	2.86B	3.12B	3.02B	3.21B
Gross Property Plant And Equipment	2.33B	2.44B	2.55B	2.71B	2.87B
Accumulated Depreciation	-1.05B	-1.18B	-1.3B	-1.43B	-1.53B
Net Property Plant And Equipment	1.27B	1.26B	1.25B	1.28B	1.34B
Other Long-Term Assets, Total	191M	181M	171M	161M	150M
Total Assets	3.96B	4.3B	4.55B	4.46B	4.7B
Liabilities
Accounts Payable, Total	207M	233M	255M	264M	288M
Accrued Expenses, Total	272M	298M	241M	241M	217M
Current Portion of Long-Term Debt	40M	60M	202M	60M	75M
Current Portion of Leases	93.6M	90.8M	91.9M	96.2M	98.8M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	-	-	8.5M
Total Current Liabilities	613M	682M	790M	661M	687M
Long-Term Debt	365M	330M	353M	200M	125M
Long-Term Leases	152M	156M	155M	179M	187M
Deferred Tax Liability Non Current	102M	88.6M	83.7M	73M	68.9M
Other Non Current Liabilities	-	-	3.5M	1M	14.1M
Total Liabilities	1.23B	1.26B	1.39B	1.11B	1.08B
Common Stock, Total	2.9M	5.8M	5.7M	5.7M	5.7M
Additional Paid In Capital	61.9M	96.2M	3.6M	41M	88.6M
Retained Earnings	2.69B	2.97B	3.22B	3.36B	3.61B
Comprehensive Income and Other	-21.2M	-30.7M	-64.8M	-54.8M	-91.5M
Total Common Equity	2.73B	3.04B	3.16B	3.35B	3.62B
Total Equity	2.73B	3.04B	3.16B	3.35B	3.62B
Total Liabilities And Equity	3.96B	4.3B	4.55B	4.46B	4.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.15B	1.15B	1.14B	1.14B	1.15B
ECS Total Common Shares Outstanding	1.15B	1.15B	1.14B	1.14B	1.15B
Book Value / Share	2.38	2.64	2.77	2.93	3.15
Tangible Book Value	2.73B	3.04B	3.16B	3.35B	3.62B
Tangible Book Value Per Share	2.38	2.64	2.77	2.93	3.15
Total Debt	650M	637M	802M	535M	485M
Net Debt	404M	401M	572M	314M	230M
Debt Equivalent Oper. Leases	1.2B	1.15B	1.19B	1.23B	1.37B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	1.34B	1.52B	1.71B	1.52B	1.64B
Land - (BS)	51.9M	58.3M	67.5M	67.2M	72.6M
Buildings, Total	450M	502M	509M	525M	564M
Machinery, Total	1.48B	1.56B	1.64B	1.74B	1.83B
Full Time Employees	17.84K	18.37K	19.85K	20.72K	20.96K
Accumulated Allowance for Doubtful Accounts (Supple)	12.3M	12M	8.3M	6.4M	5.2M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	859M	925M	1.09B	1.16B	1.15B
Depreciation & Amortization - CF	153M	160M	166M	167M	165M
Amortization of Goodwill and Intangible Assets - (CF)	9.1M	10.8M	10.7M	10.7M	10.7M
Depreciation & Amortization, Total	162M	171M	177M	177M	175M
(Gain) Loss From Sale Of Asset	-1.4M	-1.1M	1.1M	-4.3M	-3.8M
Stock-Based Compensation (CF)	5.7M	5.6M	7.2M	7.3M	8M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	7.5M	2.5M	-1.8M	2.2M	1.3M
Other Operating Activities, Total	2.9M	-13.7M	-4.9M	-10.7M	-4.1M
Change In Accounts Receivable	-29.7M	-135M	-120M	-72.3M	-31.9M
Change In Inventories	36M	-190M	-198M	189M	-134M
Change In Accounts Payable	14.2M	26.1M	21.9M	8.4M	27.5M
Change In Income Taxes	10M	-1.8M	400K	-9.4M	-1.3M
Change in Other Net Operating Assets	35.1M	-18.5M	-28.6M	-9.9M	-14.5M
Cash from Operations	1.1B	770M	941M	1.43B	1.17B
Capital Expenditure	-168M	-157M	-174M	-173M	-226M
Sale of Property, Plant, and Equipment	10.6M	8.4M	11.4M	12.2M	12.4M
Cash Acquisitions	-125M	-	-	-	-
Other Investing Activities, Total	800K	-300K	-600K	-600K	-400K
Cash from Investing	-282M	-148M	-163M	-161M	-214M
Long-Term Debt Issued, Total	1B	525M	1.8B	880M	775M
Total Debt Issued	1B	525M	1.8B	880M	775M
Long-Term Debt Repaid, Total	-940M	-540M	-1.63B	-1.18B	-835M
Total Debt Repaid	-940M	-540M	-1.63B	-1.18B	-835M
Issuance of Common Stock	41M	31.6M	9.2M	30.1M	39.6M
Repurchase of Common Stock	-52M	-	-238M	-	-
Common Dividends Paid	-574M	-644M	-711M	-800M	-893M
Common & Preferred Stock Dividends Paid	-574M	-644M	-711M	-800M	-893M
Special Dividend Paid	-230M	-	-	-217M	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-754M	-627M	-775M	-1.28B	-914M
Foreign Exchange Rate Adjustments	5.1M	-4M	-9.2M	1.4M	-10.6M
Net Change in Cash	70.8M	-9.5M	-6.1M	-8.8M	34.5M
Supplemental Items
Cash Interest Paid	8.4M	9.9M	13.3M	12.2M	7.8M
Cash Income Tax Paid (Refund)	260M	294M	354M	383M	356M
Levered Free Cash Flow	770M	460M	600M	1.06B	748M
Unlevered Free Cash Flow	776M	466M	609M	1.07B	752M
Change In Net Working Capital	-63.2M	314M	310M	-104M	148M
Net Debt Issued / Repaid	60M	-15M	165M	-295M	-60M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	18.36	18.41	20.54	21.2	20.6
Return on Total Capital	21.47	21.55	23.77	24.35	23.64
Return On Equity %	31.83	32.03	35.03	35.47	33.04
Return on Common Equity	31.83	32.03	35.03	35.47	33.04
Margin Analysis
Gross Profit Margin %	45.47	46.2	46.07	45.66	45.08
SG&A Margin	25.28	25.95	25.24	24.85	25.07
EBITDA Margin %	23.07	23.09	23.35	23.22	22.34
EBITA Margin %	20.35	20.43	20.98	20.95	20.15
EBIT Margin %	20.19	20.25	20.82	20.81	20.01
Income From Continuing Operations Margin %	15.21	15.39	15.57	15.72	15.25
Net Income Margin %	15.21	15.39	15.57	15.72	15.25
Net Avail. For Common Margin %	15.21	15.39	15.57	15.72	15.25
Normalized Net Income Margin	12.52	12.56	12.89	12.95	12.49
Levered Free Cash Flow Margin	13.63	7.66	8.59	14.49	9.91
Unlevered Free Cash Flow Margin	13.74	7.76	8.72	14.58	9.97
Asset Turnover
Asset Turnover	1.45	1.45	1.58	1.63	1.65
Fixed Assets Turnover	4.45	4.74	5.55	5.8	5.77
Receivables Turnover (Average Receivables)	7.47	7.2	7.3	6.99	6.87
Inventory Turnover (Average Inventory)	2.28	2.26	2.33	2.47	2.62
Short Term Liquidity
Current Ratio	4.08	4.19	3.96	4.57	4.67
Quick Ratio	1.66	1.67	1.57	1.98	1.99
Operating Cash Flow to Current Liabilities	1.8	1.13	1.19	2.17	1.71
Days Sales Outstanding (Average Receivables)	48.97	50.69	50.02	52.19	53.26
Days Outstanding Inventory (Average Inventory)	160.68	161.47	156.65	147.69	139.88
Average Days Payable Outstanding	23.98	23.49	22.56	24.88	23.67
Cash Conversion Cycle (Average Days)	185.67	188.68	184.12	174.99	169.47
Long Term Solvency
Total Debt/Equity	23.79	20.93	25.36	15.98	13.42
Total Debt / Total Capital	19.21	17.31	20.23	13.78	11.83
LT Debt/Equity	18.9	15.98	16.07	11.31	8.62
Long-Term Debt / Total Capital	15.27	13.21	12.82	9.75	7.6
Total Liabilities / Total Assets	31.06	29.23	30.46	24.96	23.02
EBIT / Interest Expense	117.57	125.51	101.65	141.55	206.85
EBITDA / Interest Expense	149.76	157.98	124.44	172.17	254.32
(EBITDA - Capex) / Interest Expense	132.43	141.84	112.29	156.17	223.29
Total Debt / EBITDA	0.45	0.42	0.45	0.29	0.26
Net Debt / EBITDA	0.28	0.26	0.32	0.17	0.12
Total Debt / (EBITDA - Capex)	0.51	0.46	0.5	0.32	0.3
Net Debt / (EBITDA - Capex)	0.31	0.29	0.36	0.19	0.14
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.88	6.44	16.13	5.24	2.71
Gross Profit, 1 Yr. Growth %	2.08	8.15	15.79	4.31	1.41
EBITDA, 1 Yr. Growth %	8.14	6.43	17.44	4.65	-1.21
EBITA, 1 Yr. Growth %	8.43	6.72	19.22	5.13	-1.21
EBIT, 1 Yr. Growth %	7.99	6.62	19.4	5.17	-1.22
Earnings From Cont. Operations, 1 Yr. Growth %	8.62	7.67	17.5	6.27	-0.38
Net Income, 1 Yr. Growth %	8.62	7.67	17.5	6.27	-0.38
Normalized Net Income, 1 Yr. Growth %	8.52	6.63	19.22	5.69	-0.91
Diluted EPS Before Extra, 1 Yr. Growth %	7.99	7.38	18.12	6.88	-0.99
Accounts Receivable, 1 Yr. Growth %	3.72	17	12.55	7.34	1.93
Inventory, 1 Yr. Growth %	-2.12	13.91	12.1	-10.85	8.03
Net Property, Plant and Equip., 1 Yr. Growth %	0.58	-0.96	-0.67	2.26	4.25
Total Assets, 1 Yr. Growth %	4.34	8.43	5.81	-1.88	5.27
Tangible Book Value, 1 Yr. Growth %	2.54	11.31	3.98	5.87	7.99
Common Equity, 1 Yr. Growth %	2.54	11.31	3.98	5.87	7.99
Cash From Operations, 1 Yr. Growth %	30.75	-30.11	22.19	52.25	-18.11
Capital Expenditures, 1 Yr. Growth %	-31.78	-6.84	10.98	-0.58	31.08
Levered Free Cash Flow, 1 Yr. Growth %	76.62	-40.28	30.34	77.44	-29.76
Unlevered Free Cash Flow, 1 Yr. Growth %	74.53	-39.96	30.56	75.95	-29.77
Dividend Per Share, 1 Yr. Growth %	14.94	12	10.71	12.9	11.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.65	6.16	11.18	10.55	3.97
Gross Profit, 2 Yr. CAGR %	3.46	5.08	11.91	9.9	2.85
EBITDA, 2 Yr. CAGR %	7.05	7.29	11.8	10.86	1.68
EBITA, 2 Yr. CAGR %	7.06	7.58	12.8	11.95	1.91
EBIT, 2 Yr. CAGR %	6.86	7.31	12.83	12.06	1.92
Earnings From Cont. Operations, 2 Yr. CAGR %	6.89	8.15	12.48	11.74	2.89
Net Income, 2 Yr. CAGR %	6.89	8.15	12.48	11.74	2.89
Normalized Net Income, 2 Yr. CAGR %	7.09	7.57	12.75	12.26	2.34
Diluted EPS Before Extra, 2 Yr. CAGR %	6.65	7.68	12.63	12.36	2.87
Accounts Receivable, 2 Yr. CAGR %	3.79	10.16	14.76	9.92	4.6
Inventory, 2 Yr. CAGR %	2.27	5.6	13	-0.03	-1.86
Net Property, Plant and Equip., 2 Yr. CAGR %	17.36	-0.19	-0.82	0.78	3.25
Total Assets, 2 Yr. CAGR %	9.25	6.36	7.11	1.89	1.63
Tangible Book Value, 2 Yr. CAGR %	8.95	6.83	7.58	4.92	6.92
Common Equity, 2 Yr. CAGR %	8.95	6.83	7.58	4.92	6.92
Cash From Operations, 2 Yr. CAGR %	27.84	-4.4	-7.58	36.4	11.66
Capital Expenditures, 2 Yr. CAGR %	-2.35	-20.28	1.68	5.05	14.16
Levered Free Cash Flow, 2 Yr. CAGR %	50.59	2.67	-11.77	52.08	11.64
Unlevered Free Cash Flow, 2 Yr. CAGR %	49.45	2.33	-11.47	51.56	11.16
Dividend Per Share, 2 Yr. CAGR %	13.96	13.46	11.36	11.8	12.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.75	6.58	9.38	9.17	7.88
Gross Profit, 3 Yr. CAGR %	5.88	5	8.53	9.32	7
EBITDA, 3 Yr. CAGR %	8.92	6.88	10.57	9.36	6.68
EBITA, 3 Yr. CAGR %	9.12	6.99	11.33	10.18	7.38
EBIT, 3 Yr. CAGR %	8.99	6.82	11.2	10.22	7.44
Earnings From Cont. Operations, 3 Yr. CAGR %	14.08	7.15	11.18	10.37	7.55
Net Income, 3 Yr. CAGR %	14.08	7.15	11.18	10.37	7.55
Normalized Net Income, 3 Yr. CAGR %	9.06	6.98	11.33	10.35	7.68
Diluted EPS Before Extra, 3 Yr. CAGR %	14.22	6.89	11.06	10.68	7.72
Accounts Receivable, 3 Yr. CAGR %	8.18	8.02	10.95	12.23	7.19
Inventory, 3 Yr. CAGR %	6.96	6.02	7.72	4.42	2.59
Net Property, Plant and Equip., 3 Yr. CAGR %	12.54	10.9	-0.35	0.2	1.93
Total Assets, 3 Yr. CAGR %	10.85	8.98	6.18	4.02	3
Tangible Book Value, 3 Yr. CAGR %	9.24	9.73	5.87	7.01	5.93
Common Equity, 3 Yr. CAGR %	9.24	9.73	5.87	7.01	5.93
Cash From Operations, 3 Yr. CAGR %	23.48	4.53	3.75	9.15	15.07
Capital Expenditures, 3 Yr. CAGR %	11.92	-3.87	-10.98	0.92	13.09
Levered Free Cash Flow, 3 Yr. CAGR %	21.46	10.68	11.17	11.37	17.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	21.25	10.32	10.99	11.31	17.28
Dividend Per Share, 3 Yr. CAGR %	16.04	13.3	12.54	11.87	11.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.86	8.69	9.72	8.15	7.19
Gross Profit, 5 Yr. CAGR %	5.67	7.17	8.25	6.94	6.22
EBITDA, 5 Yr. CAGR %	7.35	9.07	10.09	8.46	6.92
EBITA, 5 Yr. CAGR %	6.78	9.07	10.61	8.95	7.46
EBIT, 5 Yr. CAGR %	6.63	8.89	10.54	8.89	7.39
Earnings From Cont. Operations, 5 Yr. CAGR %	10.72	13.12	13.44	8.96	7.79
Net Income, 5 Yr. CAGR %	10.72	13.12	13.44	8.96	7.79
Normalized Net Income, 5 Yr. CAGR %	6.53	8.88	10.55	9.06	7.64
Diluted EPS Before Extra, 5 Yr. CAGR %	10.98	13.11	13.58	9.05	7.71
Accounts Receivable, 5 Yr. CAGR %	10.44	12.49	10.76	8.77	8.37
Inventory, 5 Yr. CAGR %	7.93	8.94	9.34	3.55	3.78
Net Property, Plant and Equip., 5 Yr. CAGR %	9.24	6.99	6.99	6.74	1.07
Total Assets, 5 Yr. CAGR %	9.38	10	9.34	6.09	4.33
Tangible Book Value, 5 Yr. CAGR %	8.7	9.49	8.57	7.78	6.29
Common Equity, 5 Yr. CAGR %	8.7	9.49	8.57	7.78	6.29
Cash From Operations, 5 Yr. CAGR %	14.89	8.17	9.97	16.27	6.84
Capital Expenditures, 5 Yr. CAGR %	1.61	-3.74	7.71	-0.4	-1.67
Levered Free Cash Flow, 5 Yr. CAGR %	13.37	9.43	6.91	25.68	11.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.44	9.42	6.94	25.26	11.06
Dividend Per Share, 5 Yr. CAGR %	12.3	13.3	14.14	12.7	12.39