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Fastenal revenue
Fastenal's revenue is $7.5 billion.
What is Fastenal's revenue?
- Fastenal's revenue growth from 2001 to 2024 is 822.17%.
- Fastenal has 20,565 employees, and the revenue per employee ratio is $366,934.
- Fastenal's peak quarterly revenue was $1.9B in 2024(q2).
- Fastenal peak revenue was $7.5B in 2024.
- Fastenal annual revenue for 2023 was 7.3B, 5.24% growth from 2022.
- Fastenal annual revenue for 2024 was 7.5B, 2.71% growth from 2023.
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Fastenal historical revenue
Fastenal's peak revenue was $7.5B in 2024. The peak quarterly revenue was $1.9B in 2024(q2).
Fastenal's revenue increased from $818.3m in 2001 to $7.5B currently. That's a 822.17% change in annual revenue.
Fastenal annual revenue
Fastenal annual revenue over time
| Fiscal year / year | Fastenal revenue |
|---|---|
| 2009 | $1.9B |
| 2010 | $2.3B |
| 2011 | $2.8B |
| 2012 | $3.1B |
| 2013 | $3.3B |
| 2014 | $3.7B |
| 2015 | $3.9B |
| 2016 | $4.0B |
| 2017 | $4.4B |
| 2018 | $5.0B |
| 2019 | $5.3B |
| 2020 | $5.6B |
| 2021 | $6.0B |
| 2022 | $7.0B |
| 2023 | $7.3B |
| 2024 | $7.5B |
How accurately did Fastenal's revenue projections match actual performance?
Fastenal annual growth
Fastenal saw the greatest revenue growth in 2004, when revenue increased by 24.48%.
Fastenal had the lowest revenue growth in 2009, when revenue changed by -17.52%.
Fastenal annual growth rate over time
| Year | Fastenal growth |
|---|---|
| 2009 | -18%↓ |
| 2010 | 18%↑ |
| 2011 | 22%↑ |
| 2012 | 13%↑ |
| 2013 | 6%↑ |
| 2014 | 12%↑ |
| 2015 | 4%↑ |
| 2016 | 2%↑ |
| 2017 | 11%↑ |
| 2018 | 13%↑ |
| 2019 | 7%↑ |
| 2020 | 6%↑ |
| 2021 | 6%↑ |
| 2022 | 16%↑ |
| 2023 | 5%↑ |
| 2024 | 3%↑ |
Fastenal quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Fastenal quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $489.3M | $474.9M | $489.3M | $476.8M |
| 2010 | $520.8M | $571.2M | $603.8M | $573.8M |
| 2011 | $640.6M | $701.7M | $726.7M | $697.8M |
| 2012 | $768.9M | $804.9M | $802.6M | $757.2M |
| 2013 | $806.3M | $847.6M | $858.4M | $813.8M |
| 2014 | $876.5M | $949.9M | $980.8M | $926.3M |
| 2015 | $953.3M | $997.8M | $995.3M | $922.8M |
| 2016 | $986.7M | $1.0B | $1.0B | $947.9M |
| 2017 | $1.0B | $1.1B | $1.1B | $1.1B |
| 2018 | $1.2B | $1.3B | $1.3B | $1.2B |
| 2019 | $1.3B | $1.4B | $1.4B | $1.3B |
| 2020 | $1.4B | $1.5B | $1.4B | $1.4B |
| 2021 | $1.4B | $1.5B | $1.6B | $1.5B |
| 2022 | $1.7B | $1.8B | $1.8B | $1.7B |
| 2023 | $1.9B | $1.9B | $1.8B | $1.8B |
| 2024 | $1.9B | $1.9B | $1.9B | $1.8B |
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Did Fastenal meet its revenue projections?
Fastenal financial information
| CEO | Daniel Lars Florness |
| Industry | Construction Materials |
| Company Type | Public |
| Employees Number | 20,565 |
| Date Founded | 1967 |
| Headquarters | Winona, Minnesota |
| Number of Locations | 15 |
| Revenue | $7.5B |
| Net Income | $1,086,900,000 |
| Gross Proft | $3.4B (2024) |
| PE Ratio | 14.78 |
| Tax Rate | 0.2% |
| Market Capitalization | $17.0B |
| Total Assets | $4,548,600,000 |
| Ticker | FAST |
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Fastenal competitors
Fastenal's top competitor, Grainger, earned an annual revenue of $17.2B.
Fastenal's smallest competitor is IDC-USA with revenue of $176.3K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Northern Tool + Equipment | $32,013 | $600.0M | 2,501 | 172 |
| Grainger | $47,021 | - | 23,100 | 232 |
| UniFirst | $45,169 | $2.4B | 14,000 | 1,478 |
| Ferguson Enterprises | $41,797 | $16.0B | 7,500 | 1,318 |
| Hughes Supply | $43,878 | $2.8B | 9,300 | 2 |
| Aire-Master | $46,246 | $11.2M | 50 | 1 |
| Momar | $52,253 | - | 420 | 11 |
| Morgan Sampson USA | $46,057 | $4.2M | 42 | - |
| National Distributing Company, Inc. | $45,662 | $410.0M | 1,000 | - |
| Aaron's | $33,455 | $2.1B | 9,400 | 575 |
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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.