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FAST Fastenal

Fastenal helps customers simplify and realize product and process savings across their supply chain. It sells a broad oCering of products spanning more than nine major product lines - from fasteners and tools to safety and janitorial supplies. These products are eciently distributed to manufacturing facilities, job sites, and other customer locations through local service teams and point-of-use inventory solutions, including industrial vending technology and bin stock programs (Fastenal Managed Inventory or FMI®). Its distribution system centers on over 3,200 in-market locations (a combination of public branches and customer-speci c Onsite locations), primarily in North America but also in Asia, Europe, and Central and South America, each providing tailored inventory, exible service, and custom solutions to drive the unique goals of local customers. These in-market servicing locations are supported by Vfteen regional distribution centers, a captive logistics Deet, robust sourcing, quality and manufacturing resources, and multiple teams of industry specialists and support personnel - all working toward Fastenal's common goal of Growth Through Customer Service®.

Company profile

Ticker
FAST
Exchange
NASDAQ
Website
www.fastenal.com
CEO
Daniel Florness
Employees
Incorporated
Minnesota
Location
Minnesota
Fiscal year end
Dec 31
Sector
Wholesale Trade > Industrial Supplies Merchant Wholesalers
Industry (SIC)
Retail - Building Materials, Hardware, Garden Supply
Sherwin-Williams • Tractor Supply • iPower • AeroGrow International • GrowGeneration • Bally • Compressco • SMG Growing Media ...
Former names
FASTENAL COMPANY
SEC CIK
0000815556
Corporate docs
IRS number
410948415

FAST stock data

(
)

News

Pro users get this 30m faster
Return on Capital Employed Insights for Fastenal
29 Jul 21
After pulling data from Benzinga Pro it seems like during Q2, Fastenal (NASDAQ:FAST) earned $598.10 million, a 113.38% increase from the preceding quarter. Fastenal also posted a total of $1.51 billion in sales, a 6.4% increase since Q1.
Stocks That Hit 52-Week Highs On Thursday
29 Jul 21
Thursday's morning session saw 167 companies set new 52-week highs.
Looking into Fastenal's Return on Capital Employed
23 Jul 21
After pulling data from Benzinga Pro it seems like during Q2, Fastenal (NASDAQ:FAST) earned $598.10 million, a 113.38% increase from the preceding quarter. Fastenal also posted a total of $1.51 billion in sales, a 6.4% increase since Q1.
Understanding Fastenal's Ex-Dividend Date
23 Jul 21
Fastenal Shares Fall After Mixed Q2 Earnings
13 Jul 21

Press releases

Pro users get this 30m faster
Fastenal Company Reports 2021 Second Quarter Earnings
13 Jul 21
Fastenal Company (NASDAQ:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended June 30, 2021. Except for share and per share
Fastenal Company Announces Cash Dividend
12 Jul 21
Fastenal Company (NASDAQ:FAST) reported its board of directors declared a dividend of $0.28 per share to be paid in cash on August 24, 2021 to shareholders of record at the close of business on July 27, 2021. Except for
Fastenal Company Announces Conference Call to Review 2021 Second Quarter Earnings
28 Jun 21
Fastenal Company (NASDAQ:FAST) announced the date and time for its conference call to review 2021 second quarter results, as well as current operations. The conference call will be broadcast live over the Internet on

Calendar

16 Jul 21
2 Aug 21
31 Dec 21

Financial summary

Financial statements Chart FAST financial data
Quarter (USD)
 Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
 Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Fastenal earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 321.8M 321.8M 321.8M 321.8M 321.8M 321.8M
Cash burn (monthly) 4.03M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 4.5M n/a n/a n/a n/a n/a
Cash remaining 317.3M n/a n/a n/a n/a n/a
Runway (months of cash) 78.7 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Recent insider trades

FAST insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Mar 21 Jeffery Michael Watts Common Stock Sell Dispose S No No 48.1971 31,000 1.49M 0
15 Mar 21 Jeffery Michael Watts Common Stock Option exercise Aquire M No No 23.5 31,000 728.5K 31,000
15 Mar 21 Jeffery Michael Watts Employee Stock Option Common Stock Option exercise Dispose M No No 23.5 31,000 728.5K 31,968
5 Mar 21 Stephen L. Eastman Common Stock Buy Aquire P No No 44.629 300 13.39K 9,000
5 Mar 21 Stephen L. Eastman Common Stock Buy Aquire P No No 44.6299 700 31.24K 8,700
5 Mar 21 Ancius Michael J Common Stock Buy Aquire P Yes No 44.15 560 24.72K 5,184
5 Mar 21 Ancius Michael J Common Stock Buy Aquire P Yes No 44.15 560 24.72K 6,324
4 Mar 21 Ancius Michael J Common Stock Buy Aquire P No No 43.74 2,286 99.99K 24,306
4 Mar 21 Ancius Michael J Common Stock Buy Aquire P Yes No 43.94 1,140 50.09K 5,756
4 Mar 21 Ancius Michael J Common Stock Buy Aquire P Yes No 46 640 29.44K 4,624
Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

FAST institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

76.6% owned by funds/institutions
13F holders
 Current Prev Q Change
Total holders 932 925 +0.8%
Opened positions 85 117 -27.4%
Closed positions 78 69 +13.0%
Increased positions 344 326 +5.5%
Reduced positions 322 324 -0.6%
13F shares
 Current Prev Q Change
Total value 22.14B 21.89B +1.1%
Total shares 440.38M 448.28M -1.8%
Total puts 1.28M 1.3M -1.9%
Total calls 1.98M 2.07M -4.2%
Total put/call ratio 0.6 0.6 +2.4%
Largest owners
 Shares Value Change
Vanguard 67.67M $3.4B -1.6%
BLK Blackrock 44.82M $2.25B +1.8%
BK Bank Of New York Mellon 31.39M $1.58B +1.4%
STT State Street 27.66M $1.39B +0.4%
Geode Capital Management 11M $551.9M +0.9%
BAC Bank Of America 8.68M $436.68M -0.4%
PFG Principal Financial Group Inc - Registered Shares 8.27M $415.89M -1.6%
IVZ Invesco 8.19M $411.75M +12.4%
JHG Janus Henderson 7.46M $375.29M +5.7%
NTRS Northern Trust 7M $352.04M +0.7%
Largest transactions
 Shares Bought/sold Change
Norges Bank 0 -5.2M EXIT
Charles Schwab Investment Management 6.74M +4.26M +171.4%
Wellington Management 1.36M -3.22M -70.3%
MS Morgan Stanley 2.91M -3.16M -52.0%
Select Equity 2.86M +2.86M NEW
ZFSVF Zurich Insurance 0 -1.99M EXIT
FMR 760.17K -1.31M -63.3%
Vanguard 67.67M -1.12M -1.6%
IVZ Invesco 8.19M +902.14K +12.4%
Amundi Pioneer Asset Management 3.4M +842.85K +33.0%
Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
HD Supply • HD Supply • NOW
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Good
New words: absence, approach, artificially, bought, broad, brought, built, comfortable, comparison, converted, demonstrate, dental, differentiated, drop, easy, effort, embedded, enhanced, error, external, FASTBin, FASTStock, FASTVend, figure, flexible, footprint, fulfillment, heavily, hospitalization, idled, idling, incremental, inexpensive, infection, Innovation, insight, justified, land, leave, left, legislation, migration, ordering, partnership, passed, pattern, powerful, rapid, redeployment, refurbishment, retention, reverted, slowdown, statistic, strength, stronger, suggest, supplemental, touch, traceability, unique, unusual, vaccination, variant, visibility, world, worst
Removed: bank, begun, contraction, count, cyclical, depression, deriving, diminished, direct, evolve, evolved, magnitude, maintenance, meaningful, moderate, moderated, operated, recession, resume, revolver, slower, strategic, subsided, substantially, uncertainty
From filing 10-Q 2021 Q2

Financial reports

View all
10-Q
2021 Q2
Quarterly report
16 Jul 21
10-Q
2021 Q1
Quarterly report
16 Apr 21
10-K
2020 FY
Annual report
8 Feb 21
10-Q
2020 Q3
Quarterly report
16 Oct 20
10-Q
2020 Q2
Quarterly report
17 Jul 20
10-Q
2020 Q1
Quarterly report
17 Apr 20
10-K
2019 FY
Annual report
6 Feb 20
10-Q
2019 Q3
Quarterly report
16 Oct 19
10-Q
2019 Q2
Quarterly report
16 Jul 19
10-Q
2019 Q1
Quarterly report
16 Apr 19

Current reports

View all
8-K
Fastenal Company Reports 2021 Second Quarter Earnings
13 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
27 Apr 21
8-K
Fastenal Company Reports 2021 First Quarter Earnings
13 Apr 21
8-K
Fastenal Company Reports 2020 Annual and Fourth Quarter Earnings
20 Jan 21
8-K
Departure of Directors or Certain Officers
10 Dec 20
8-K
Fastenal Company Announces Cash Dividend
20 Nov 20
8-K
Fastenal Company Reports 2020 Third Quarter Earnings
13 Oct 20
8-K
Departure of Directors or Certain Officers
7 Aug 20
8-K
Fastenal Company Reports 2020 Second Quarter Earnings
14 Jul 20
8-K
Departure of Directors or Certain Officers
10 Jun 20

Registration and prospectus

S-8
Registration of securities for employees
25 Apr 18
S-8
Registration of securities for employees
18 Aug 11
S-8
Registration of securities for employees
21 Oct 09
S-8
Registration of securities for employees
16 May 06
S-3
Shelf registration
12 May 02
S-8
Registration of securities for employees
14 May 98

Proxies

View all
DEF 14A
Definitive proxy
26 Feb 21
DEFA14A
Additional proxy soliciting materials
30 Mar 20
PX14A6G
Letter to shareholders
25 Mar 20
DEFA14A
Additional proxy soliciting materials
25 Mar 20
DEF 14A
Definitive proxy
28 Feb 20
PX14A6G
Letter to shareholders
4 Mar 19
DEF 14A
Definitive proxy
25 Feb 19
DEF 14A
Definitive proxy
25 Feb 18
DEF 14A
Definitive proxy
26 Feb 17
DEF 14A
Definitive proxy
23 Feb 16

Other

View all
SD
Conflict minerals disclosure
19 May 21
SD
Conflict minerals disclosure
19 May 20
UPLOAD
Letter from SEC
13 Apr 20
CORRESP
Correspondence with SEC
12 Apr 20
UPLOAD
Letter from SEC
31 Mar 20
CORRESP
Correspondence with SEC
5 Feb 20
SD
Conflict minerals disclosure
16 May 19
SD
Conflict minerals disclosure
16 May 18
SD
Conflict minerals disclosure
24 May 17
SD
Conflict minerals disclosure
26 May 16

Ownership

View all
4
FASTENAL / NICHOLAS J LUNDQUIST ownership change
19 Jul 21
11-K
Annual report of employee stock purchases
8 Jun 21
4
FASTENAL / WILLARD D OBERTON ownership change
28 Apr 21
4
FASTENAL / Jeffery Michael Watts ownership change
17 Mar 21
4
FASTENAL / Stephen L. Eastman ownership change
8 Mar 21
4/A
FASTENAL / Michael J Ancius ownership change
8 Mar 21
4
FASTENAL / Michael J Ancius ownership change
8 Mar 21
SC 13G/A
FASTENAL / STATE STREET ownership change
12 Feb 21
SC 13G/A
FASTENAL / VANGUARD ownership change
10 Feb 21
4
FASTENAL / MICHAEL JOHN DOLAN ownership change
8 Feb 21

Transcripts

View all
2021 Q2
Earnings call transcript
13 Jul 21
2021 Q1
Earnings call transcript
13 Apr 21
2020 Q4
Earnings call transcript
20 Jan 21
2020 Q3
Earnings call transcript
13 Oct 20
2020 Q2
Earnings call transcript
14 Jul 20
2020 Q1
Earnings call transcript
14 Apr 20
2019 Q4
Earnings call transcript
17 Jan 20
2019 Q3
Earnings call transcript
11 Oct 19
2019 Q2
Earnings call transcript
11 Jul 19
2019 Q1
Earnings call transcript
11 Apr 19

Reddit threads

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