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Fastenal FAST Price / earnings

Price / earnings at other companies

W.W. Grainger logo
W.W. GraingerGWW
29×+4.1×
Amazon logo
AmazonAMZN
28.3×-2.3×
Parker-Hannifin logo
Parker-HannifinPH
32.5×+9.4×
Howmet Aerospace logo
Howmet AerospaceHWM
53×+11.1×
Dover logo
DoverDOV
25.5×+15.0×
Nordson logo
NordsonNDSN
30.5×+6.3×

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/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×
Current ratio4.4×+0.1×

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 price / earnings?
Fastenal (FAST) reported price / earnings of 41× in Q1 2026.
How has Fastenal's price / earnings changed year-over-year?
Fastenal's price / earnings increased by 6.2% year-over-year, from 38.6× to 41×.
What is the long-term trend for Fastenal's price / earnings?
Over 4 years (2021 to 2025), Fastenal's price / earnings has grown at a 3.4% compound annual growth rate (CAGR), from 141× to 161.2×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.