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Fastenal
FAST · NASDAQIndustrial Distribution
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Raw materialSteel & metalsManufacturersFastener & product millsDistributionDCs & hubsChannelsBranch · Onsite · vendingEnd customersPlants & job sitesSTLSteel & metals millsASFAsian fastener makersBRDBranded product makersFMFFastenal ManufacturingDCDistribution & logisticsFASTFastenalBRBranch networkONSOnsite locationsFMIFMI vending & binsCONConstruction & contractorsMFGManufacturing customersGOVGovernment & national accounts
Company details
Market cap
~$48B
P/E ratio
~38×
Div yield
~2.0%
EPS (2025)
$1.09
Operating margin
~20.7%
Rev. growth
+8.7%
Revenue (2025)
$8.2B
Net income
$1.26B
In plain English
Fastenal is the company that keeps factories and construction sites running. It buys nuts, bolts, safety gear and tools from thousands of manufacturers, holds them in a dense network of distribution centres, branches and — increasingly — vending machines and stocking bins placed right inside the customer's plant (Onsite + FMI), and sells them on. Its edge is logistics and presence, not products: it embeds itself in the customer's supply chain so reordering becomes automatic.
In simple terms
What Fastenal really sells
Fastenal is the company that keeps factories and construction sites running. It buys nuts, bolts, safety gear and tools from thousands of manufacturers, holds them in a dense network of distribution centres, branches and — increasingly — vending machines and stocking bins placed right inside the customer's plant (Onsite + FMI), and sells them on. Its edge is logistics and presence, not products: it embeds itself in the customer's supply chain so reordering becomes automatic.
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Risk read
Moderate
SteadierMore speculative
Why this rating?