Summary
FAST Chart
Fastenal: Expensive But Strong Growth Prospects
Fastenal's shift from branch closures to expansion, creates strong growth outlook. Investments in FASTCrib and digital services enhance customer retention, increase margins, and expand Fastenal's TAM. Secular tailwinds from end markets and increasing customer bases create a GDP+ growth.
Don't Fear, New Highs for Fastenal Will Soon Be Here
Fastenal NASDAQ: FAST faces headwinds and hurdles like any business in 2025, but it navigates the situation better than most, driven by execution and technology. The company leaned into an FMI or Fastenal Managed Inventory footprint expansion in FQ1, compounded by improving client counts and penetration tied to execution and technology, to sustain growth in a tepid-growth environment.
Fastenal Company (FAST) Q1 2025 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST ) Q1 2025 Earnings Conference Call April 11, 2025 10:00 AM ET Company Participants Dan Florness - CEO Jeffery Watts - President and Chief Sales Officer Holden Lewis - CFO Conference Call Participants David Manthey - Baird Stephen Volkmann - Jefferies Ryan Cooke - Wolfe Research Tommy Moll - Stephens Chris Snyder - Morgan Stanley Operator Greetings, and welcome to the Fastenal Q1 2025 Earnings Results Conference Call. At this time, all participants are in listen-only mode.
Fastenal Co. Dividends
 FAST In 4 days Estimated | Quarterly | $0.43 Per Share |
| FAST 3 months ago Paid | Quarterly | $0.43 Per Share |
| FAST 6 months ago Paid | Quarterly | $0.39 Per Share |
| FAST 9 months ago Paid | Quarterly | $0.39 Per Share |
| FAST 24 Apr 2024 Paid | Quarterly | $0.39 Per Share |
| FAST 31 Jan 2024 Paid | Quarterly | $0.39 Per Share |
Fastenal Co. Earnings
| 11 Apr 2025 Date | | 0.51 Cons. EPS | - EPS |
| 16 Jan 2025 Date | | 0.48 Cons. EPS | 0.46 EPS |
| 11 Oct 2024 Date | | 0.51 Cons. EPS | 0.52 EPS |
| 10 Oct 2024 Date | | 0.51 Cons. EPS | - EPS |
| 12 Jul 2024 Date | | 0.51 Cons. EPS | 0.51 EPS |
| FAST In 4 days Estimated | Quarterly | $0.43 Per Share |
| FAST 3 months ago Paid | Quarterly | $0.43 Per Share |
| FAST 6 months ago Paid | Quarterly | $0.39 Per Share |
| FAST 9 months ago Paid | Quarterly | $0.39 Per Share |
| FAST 24 Apr 2024 Paid | Quarterly | $0.39 Per Share |
| FAST 31 Jan 2024 Paid | Quarterly | $0.39 Per Share |
| 11 Apr 2025 Date | | 0.51 Cons. EPS | - EPS |
| 16 Jan 2025 Date | | 0.48 Cons. EPS | 0.46 EPS |
| 11 Oct 2024 Date | | 0.51 Cons. EPS | 0.52 EPS |
| 10 Oct 2024 Date | | 0.51 Cons. EPS | - EPS |
| 12 Jul 2024 Date | | 0.51 Cons. EPS | 0.51 EPS |
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Fastenal Co. Profile
| Industrial Distribution Industry | Industrials Sector | Mr. Daniel L. Florness CEO | XMEX Exchange | US3119001044 ISIN |
| United States Country | 20,894 Employees | - Last Dividend | 23 May 2019 Last Split | 26 Mar 1990 IPO Date |
Overview
Founded in 1967 and headquartered in Winona, Minnesota, Fastenal Company operates as a major player in the wholesale distribution of industrial and construction supplies both domestically and internationally. With a broad market base, Fastenal caters to the United States, Canada, Mexico, and beyond in North America, serving various sectors including manufacturing, non-residential construction, maintenance, repair, operations, and even governmental entities. Fastenal has grown substantially over the years, becoming synonymous with not just fasteners but a wide range of construction and industrial supplies. The company prides itself on its ability to provide essential components across multiple industries, ensuring reliability and efficiency in operations and projects.
Products and Services
Fastenal Company’s product lineup is expansive, covering essential supplies for construction, manufacturing, and maintenance. Below are some of their key offerings:
- Threaded Fasteners: This includes a comprehensive range of bolts, nuts, screws, and studs. These items are crucial in various manufacturing products and construction projects, acting as fundamental components that hold materials together.
- Related Washers: Accompanying the threaded fasteners, Fastenal provides related washers that help distribute the load of a screw or nut, preventing damage to surfaces and ensuring a secure hold.
- Miscellaneous Supplies and Hardware: Beyond fasteners, Fastenal offers a variety of other essential products such as pins, machinery keys, and concrete anchors. These items find use in numerous applications across the construction and manufacturing industries.
- Metal Framing Systems: Offering solutions for structural support, Fastenal's metal framing systems are vital for non-residential construction projects, providing stability and flexibility in design and structure.
- Wire Ropes and Strut Products: These products are critical in construction and various industrial applications, providing support and strength where needed. Wire ropes are essential for lifting and rigging, while strut products offer structural support for conduits and piping.
- Rivets and Related Accessories: Fastenal supplies rivets and a range of accessories, serving as permanent mechanical fasteners before and after installation, crucial for many manufacturing and repair tasks.
The company's vast product range serves a wide array of markets, including original equipment manufacturers (OEMs), maintenance, repair, operations (MRO) customers, the non-residential construction market, and sectors like agriculture, transportation, mining, education, retail, and energy. Fastenal also caters to governmental bodies at various levels, fulfilling their needs for robust, efficient, and reliable industrial and construction supplies.
Contact Information
