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Fastenal FAST Interest coverage

Interest coverage at other companies

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Applied Industrial TechnologiesAIT
27.4×+3.2×
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W.W. GraingerGWW
30.8×-3.4×
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AmazonAMZN
33.7×+2.6×
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Stanley Black & DeckerSWK
1.7×+0.1×
Howmet Aerospace logo
Howmet AerospaceHWM
116.6×+111×
Dover logo
DoverDOV
12.4×+2.2×

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-10.1%
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+5.7%
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
FCF margin13.8%+2.4pp

Returns & leverage

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Return on equity33.8%+1.5pp
Debt / equity0.1×0.0×
Current ratio4.4×+0.1×

Where this comes from

Calculated from Fastenal’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Fastenal (FAST) reported interest coverage of 310.8× in Q1 2026.
How has Fastenal's interest coverage changed year-over-year?
Fastenal's interest coverage increased by 43.7% year-over-year, from 216.2× to 310.8×.
What is the long-term trend for Fastenal's interest coverage?
Over 5 years (2020 to 2025), Fastenal's interest coverage has grown at a 17.1% compound annual growth rate (CAGR), from 117.7× to 258.7×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.