Operating
Depreciation
Fastenal Depreciation increased by 0.2% to $41.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $42.00M to $41.90M. Over 4 years (FY 2021 to FY 2025), Depreciation shows relatively stable performance with a 1.3% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 16, 2026
How to read this metric
Higher depreciation relative to capital expenditures may suggest aging assets, while lower levels relative to revenue may indicate high asset efficiency.
Detailed definition
Depreciation is a non-cash accounting charge that allocates the cost of tangible assets over their useful lives. It refl...
Peer comparison
Standardized for capital-intensive industries; peers in manufacturing typically show significant depreciation expenses.
Metric ID:
operating_depreciationHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.60M | $40.10M | $40.90M | $41.20M | $41.20M | $41.40M | $42.10M | $41.80M | $42.20M | $42.10M | $40.50M | $40.20M | $41.00M | $41.80M | $41.70M | $42.00M | $42.40M | $42.30M | $41.80M | $41.90M |
| QoQ Change | — | +1.3% | +2.0% | +0.7% | +0.0% | +0.5% | +1.7% | -0.7% | +1.0% | -0.2% | -3.8% | -0.7% | +2.0% | +2.0% | -0.2% | +0.7% | +1.0% | -0.2% | -1.2% | +0.2% |
| YoY Change | — | — | — | — | +4.0% | +3.2% | +2.9% | +1.5% | +2.4% | +1.7% | -3.8% | -3.8% | -2.8% | -0.7% | +3.0% | +4.5% | +3.4% | +1.2% | +0.2% | -0.2% |
Range$39.60M – $42.40M
CAGR+1.2%
Avg YoY Growth+1.0%
Median YoY Growth+1.6%
Depreciation at Other Companies
Frequently Asked Questions
- What is Fastenal's depreciation?
- Fastenal (FAST) reported depreciation of $41.90M in Q1 2026.
- How has Fastenal's depreciation changed year-over-year?
- Fastenal's depreciation decreased by 0.2% year-over-year, from $42.00M to $41.90M.
- What is the long-term trend for Fastenal's depreciation?
- Over 4 years (2021 to 2025), Fastenal's depreciation has grown at a 1.3% compound annual growth rate (CAGR), from $159.90M to $168.50M.
- What does depreciation mean?
- The systematic reduction in the recorded value of physical assets over time.