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Fastenal

Fastenal is the manufacturer and distributor of industrial hardware goods and construction supplies. Read more

Daniel L. Florness's photo - President & CEO of Fastenal

President & CEO

Daniel L. Florness

CEO Approval Rating

87/100

Founded:

1967

Status:

PublicIndependent CompanyNASDAQFAST

FASTENAL TOP COMPETITORS OR ALTERNATIVES

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Grainger is one of Fastenal's top rivals. Grainger's headquarters is in Lake Forest, Illinois, and was founded in 1927. Grainger operates in the Equipment Repair Services industry. Grainger generates 208% of Fastenal's revenue.

HD Supply has been one of Fastenal's top competitors. HD Supply was founded in 1974 in Atlanta, Georgia. HD Supply is in the Construction Supplies & Fittings industry. HD Supply generates $537.8M less revenue than Fastenal.

Airgas is one of Fastenal's top competitors. Airgas was founded in Radnor, Pennsylvania} in 1982. Airgas operates in the Industrial Machinery & Equipment industry. Compared to Fastenal, Airgas generates $502.7M more revenue.

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Fastenal Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.7B

Fastenal's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 4.2B. Over the last four quarters, Fastenal's revenue has decreased by 6.1%. Specifically, in Q1 2021's revenue was $1.4B; in Q4 2020, it was $1.4B; in Q3 2020, it was $1.4B; in Q2 2020, Fastenal's revenue was $1.5B.

Fastenal Acquisitions

No recent acquisitions found related to Fastenal

Fastenal Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 1987
--

Since Fastenal was founded in 1967, it has participated in 1 round of funding. In total Fastenal has raised $0. Fastenal's funding round was on Aug 1987 for a total of $0

Fastenal Investments

No recent investments found related to Fastenal

Fastenal News

April 14, 2021Benzinga

A Look Into Fastenal's Price Over Earnings

In the current session, Fastenal Inc. (NASDAQ:FAST) is trading at $50.49, after a 1.02% increase. Ove... See more »
April 14, 2021Digital Commerce 360

Fastenal's Q1 digital business tops one-third of total sales

Overall digital sales, including transactions via vendor-managed inventory programs in addition to ec... See more »
April 13, 2021Industrial Distribution News

Fastenal's Q1 Safety Sales Slowed as Fasteners Roared Back

The company closed another 46 branches in Q1 as it signed more Onsite locations amid continuing produ... See more »
April 13, 2021MarketScreener

Q1 2021 Investor Teleconference Presentation

(marketscreener.com) Investor Teleconference Presentation First Quarter 2021 Fastenal Company April 1... See more »
April 13, 2021FinanzNachrichten

Fastenal Co. Profit Climbs In Q1

WINONA (dpa-AFX) - Fastenal Co. (FAST) announced earnings for its first quarter that advanced from la... See more »
April 13, 2021MarketScreener

March 2021 Sales Information

(marketscreener.com) FTE 11,323 12,334 11,303 ...https://www.marketscreener.com/quote/stock/FASTENAL-... See more »
April 13, 2021MarketScreener

Reports 2021 First Quarter Earnings

(marketscreener.com) Fastenal Company , a leader in the wholesale distribution of industrial and cons... See more »

Fastenal Press Releases

April 10, 2018EconoTimes

Fastenal Company Announces Cash Dividend

Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.37 per share... See more »
January 16, 2018ECONOTIMES

Fastenal Company Announces Cash Dividend

Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.37 per share... See more »
July 11, 2017StreetInsider

Fastenal Company Announces Cash Dividend

The Fastenal Company (the 'Company') of Winona, MN (Nasdaq: FAST) reported its board of directors dec... See more »
January 23, 2017MarketersMedia

Post Earnings Coverage as Fastenal's Earnings Surpassed Market Expectations

Upcoming AWS Coverage on W.W. GraingerLONDON, UK / ACCESSWIRE / January 24, 2017 / Active Wall St. an... See more »

Fastenal Videos

October 2, 2019Fastenal Company Youtube Channel

"Fastenal Case Study with UMC" on YOUTUBE

April 23, 2019Fastenal Company Youtube Channel

"Fastenal By The Numbers: 2018" on YOUTUBE

April 23, 2019Fastenal Company Youtube Channel

"Fastenal - Where Industry Meets Innovation" on YOUTUBE

November 20, 2018Fastenal Company Youtube Channel

"Caso de estudio de Fastenal con Trailers Sundowner" on YOUTUBE

November 20, 2018Fastenal Company Youtube Channel

"Porque las máquinas expendedoras?" on YOUTUBE

Social Media

Fastenal Headquarters

2001 Theurer Blvd

Winona, Minnesota55987

507-454-5374

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Fastenal Summary

ABOUT

Overview

Fastenal Co (NASDAQ: FAST) operates as a wholesaler and retailer of industrial and construction supplies. It was founded in 1967 by Bob Kierlin and headquartered in Winona, Minnesota with 20,746 employees. It sells industrial and construction supplies...

CEO

Fastenal's President & CEO, Daniel L. Florness, currently has an approval rating of 87%. Fastenal's primary competitors are Grainger, HD Supply & Airgas.

Frequently Asked Questions about Fastenal

  1. When was Fastenal founded?

    Fastenal was founded in 1967
  2. Who is Fastenal's CEO?

    Fastenal's CEO is Daniel L. Florness
  3. How much revenue does Fastenal generate?

    Fastenal generates $5.7B in revenue
  4. How much funding does Fastenal have?

    Fastenal has historically raised $0 in funding
  1. Where is Fastenal's headquarters?

    Fastenal's headquarters is in Winona Minnesota, USA
  2. How many employees does Fastenal have?

    Fastenal has 21,644 employees
  3. What sector does Fastenal operate in?

    Fastenal is in Electrical Components & Equipment
  4. Who are Fastenal's competitors?

    Fastenal's top competitors are Grainger, HD Supply, Airgas