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Fastenal FAST Current ratio

Current ratio at other companies

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W.W. GraingerGWW
2.7×-0.1×
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AmazonAMZN
1.2×+0.1×
Parker-Hannifin logo
Parker-HannifinPH
1.1×-0.1×
Howmet Aerospace logo
Howmet AerospaceHWM
2.4×+0.1×
Dover logo
DoverDOV
1.9×-0.3×
Nordson logo
NordsonNDSN
2.6×0.0×

Other financials

Income statement

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Revenue$2.2B+12.4%
Gross profit$982.9M+11.2%
Operating income$447.6M+13.6%
Net income$339.8M+13.8%
EPS (diluted)$0.30+15.4%

Balance sheet

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Cash & equivalents$308.6M+33.1%
Total debt$445.5M-10.2%
Total equity$4.0B+8.1%
Total assets$5.2B+7.0%

Cash flow

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Operating cash flow$378.4M+44.3%
CapEx$58.9M+5.8%
Free cash flow$319.5M+54.7%

Valuation

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Market cap$52.68B+19.8%
Enterprise value$52.82B+19.4%
P/E40.5×+2.4×
P/S6.2×+0.5×

Profitability

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Gross margin44.9%-0.1pp
Operating margin20.2%+0.4pp
Net margin15.4%+0.3pp

Returns & leverage

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Return on equity33.8%+1.5pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Fastenal’s reported figures.

Based on the most recent quarter.

The official record: Fastenal’s 10-Q, filed April 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fastenal's current ratio?
Fastenal (FAST) reported current ratio of 4.4× in Q1 2026.
How has Fastenal's current ratio changed year-over-year?
Fastenal's current ratio increased by 2.7% year-over-year, from 4.3× to 4.4×.
What is the long-term trend for Fastenal's current ratio?
Over 4 years (2021 to 2025), Fastenal's current ratio has grown at a 1.7% compound annual growth rate (CAGR), from 16.5× to 17.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.