Fastenal Overview

Industry
Wholesale
Revenue
Headquarters
Employees
20,565
Founded In
Website
Organization Type
Public
CEO
Fastenal has grown from a single store to more than 2,700 locations, each providing tailored local inventory and personal service for our customers. As we've expanded across the world, we've retained a core belief in people and their ability to accomplish remarkable things - if given the opportunity. From this philosophy stems an entrepreneurial culture that challenges every employee to run their own business, create their own success, and rise up to become company leaders. Backed by our global sourcing, quality, and logistics operations, each store is a local, one-stop source for a spectrum of OEM, MRO and Construction supplies.
The staff at Fastenal come from unusually diverse demographic backgrounds. The company is 23.7% female and 31.7% ethnic minorities. Fastenal employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 52.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Fastenal seem to be happy. The company has great employee retention with staff members usually staying for 3.9 years. The average employee at Fastenal makes $48,020 per year. In comparison, some of its highest paying competitors, like Hi-Line, O'Rourke Sales, and Clark Foodservice, Inc., pay $58,973, $53,089, and $52,475, respectively.
Fastenal is an industry leader with 20,565 employees and an annual revenue of $6.0B that is headquartered in Minnesota.

The Organization’s Mission

To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and reseller consortium partners.

4.2/5

Employee Reviews

Based On 9 Ratings

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Job Openings
1,074 Positions
Average Salary
$48,020 yearly

Fastenal Reviews

Employee Reviews

4.4/5
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4.0
Mar 2023
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Pros

The customers and Selling

Cons

The environment and the management

Benefits

Paid holidays and Benefits

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Overall Rating*
Salary and Benefits
Management
Work Environment
Diversity and Inclusion
Career Opportunities

The Team At Fastenal

Key People

2017 - Daniel Florness

Bob Kierlin

Fastenal Rankings

Fastenal is ranked #46 on the Best Manufacturing Companies to Work For in Minnesota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Fastenal Salaries

7.2
Salary Score
The national average salary for a Fastenal employee in the United States is $48,020 per year. Employees in the top 10 percent can make over $77,000 per year, while employees at the bottom 10 percent earn less than $29,000 per year.
Average Fastenal Salary
$48,020
yearly
$23.09 hourly
Updated March 16, 2023
Average Employee Earnings

Fastenal Diversity

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Fastenal Gender Distribution

Male
Male
76%
Female
Female
24%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Fastenal. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Fastenal has 20,565 employees.

  • 24% of Fastenal employees are women, while 76% are men.

  • The most common ethnicity at Fastenal is White (68%).

  • 12% of Fastenal employees are Hispanic or Latino.

  • 10% of Fastenal employees are Black or African American.

  • The average employee at Fastenal makes $48,020 per year.

  • Fastenal employees are most likely to be members of the democratic party.

  • On average, employees at Fastenal stay with the company for 3.9 years.

Biggest Fastenal Locations

RankCityJob CountAvg. Salary
1Indianapolis, IN50$46,850
2Atlanta, GA15$47,367
3Houston, TX8$50,602
4Denver, CO7$51,647
5Chicago, IL4$48,208
6Phoenix, AZ3$48,896
7Columbus, OH3$46,353
8Portland, OR3$49,513
9Albuquerque, NM3$46,721
10Miami, FL3$46,958

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Fastenal Employee Political Affiliation

Fastenal employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Fastenal employee was by Robert Kierlin. Robert Kierlin donated $65,900 to the Republican Party.

Fastenal

Parties

Democratic Party

52.8 %
-

Republican Party

47.2 %
-
Employee Political Donations
NameJob TitlePartyDonation
Robert KierlinChief Executive OfficerRepublican Party$65,900
Will ObertonChief Executive OfficerRepublican Party$7,300
Willard ObertonPresident/Chief Executive OfficerRepublican Party$6,400
Lee CarterSales/MarketingRepublican Party$5,000
James WescomSales/MarketingRepublican Party$2,500
Katherine HortonIndustry Sales ManagerDemocratic Party$1,443
Joseph VampolaStudent TeacherRepublican Party$700
Christopher HebertOutside SalesDemocratic Party$539
Steve WaldvogelMachinistRepublican Party$535
Steven McDanielTruck DriverRepublican Party$517
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Fastenal Employment Videos

Fastenal Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Fastenal Annual Revenue

$6B
$5B
$4B
$2B
$1B
$0
2016
2017
2018
2019
2020
2021

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Highest Paying Fastenal Competitors

Some of the competitors of Fastenal are Hi-Line, O'Rourke Sales, and Clark Foodservice, Inc. The average salaries at Hi-Line rank the highest, with their employees earning an average salary of $58,973 per year. The employees at O'Rourke Sales earn an average yearly salary of $53,089 per year, and the salaries at Clark Foodservice, Inc. average $52,475 per year.

Frequently Asked Questions about Fastenal

When was Fastenal founded?

Fastenal was founded in 1967.

How many Employees does Fastenal have?

Fastenal has 20,565 employees.

How much money does Fastenal make?

Fastenal generates $6.0B in revenue.

What industry is Fastenal in?

Fastenal is in the wholesale industry.

What is Fastenal's mission?

Fastenal's mission statement is "To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and reseller consortium partners."

What type of company is Fastenal?

Fastenal is a public company.

Who are Fastenal's competitors?

Fastenal competitors include Northern Tool + Equipment, Grainger, UniFirst, Ferguson Enterprises, Hughes Supply, Aire-Master, Momar, Morgan Sampson USA, National Distributing Company, Inc., Aaron's, Hi-Line, Rug Doctor, American Wood Moulding LLC, O'Rourke Sales, The Schwan Food Company, Harrington Industrial Plastics, Novelty, Clark Foodservice, Inc., Equipment Sales & Services Corporation, IDC-USA.

Who works at Fastenal?

2017 - Daniel Florness (CEO / President)

Bob Kierlin (Founder)

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Fastenal FAQs

Does Fastenal Drug Test?

Yes, Fastenal drug tests before an offer of employment. In most cases, this is a four-panel drug screen that now excludes testing for cannabis.

In addition to a pre-employment screening, Fastenal reserves the right to drug test an employee at any time if substance use is suspected or if a workplace accident occurs. A positive drug test result can void any worker's compensation claims and result in disciplinary action up to and including termination.

What Is The Dress Code At Fastenal?

The dress code for Fastenal corporate office positions is business casual. Business casual attire is broadly defined as a code of dress that blends traditional business wear with a more relaxed style.

Search For Jobs

Zippia gives an in-depth look into the details of Fastenal, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fastenal. The employee data is based on information from people who have self-reported their past or current employments at Fastenal. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fastenal. The data presented on this page does not represent the view of Fastenal and its employees or that of Zippia.

Fastenal may also be known as or be related to Fastenal, Fastenal Co. and Fastenal Company.