Company Quick10K Filing
Fastenal
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 575 $18,506
10-Q 2019-10-16 Quarter: 2019-09-30
10-Q 2019-07-16 Quarter: 2019-06-30
10-Q 2019-04-16 Quarter: 2019-03-31
10-K 2019-02-06 Annual: 2018-12-31
10-Q 2018-10-16 Quarter: 2018-09-30
10-Q 2018-07-16 Quarter: 2018-06-30
10-Q 2018-04-16 Quarter: 2018-03-31
10-K 2018-02-05 Annual: 2017-12-31
10-Q 2017-10-16 Quarter: 2017-09-30
10-Q 2017-07-17 Quarter: 2017-06-30
10-Q 2017-04-17 Quarter: 2017-03-31
10-K 2017-02-06 Annual: 2016-12-31
10-Q 2016-10-14 Quarter: 2016-09-30
10-Q 2016-07-15 Quarter: 2016-06-30
10-Q 2016-04-15 Quarter: 2016-03-31
10-K 2016-02-05 Annual: 2015-12-31
10-Q 2015-10-16 Quarter: 2015-09-30
10-Q 2015-07-17 Quarter: 2015-06-30
10-Q 2015-04-17 Quarter: 2015-03-31
10-K 2015-02-05 Annual: 2014-12-31
10-Q 2014-10-15 Quarter: 2014-09-30
10-Q 2014-07-16 Quarter: 2014-06-30
10-Q 2014-04-16 Quarter: 2014-03-31
10-K 2014-02-06 Annual: 2013-12-31
10-Q 2013-10-15 Quarter: 2013-09-30
10-Q 2013-07-15 Quarter: 2013-06-30
10-Q 2013-04-15 Quarter: 2013-03-31
10-K 2013-02-07 Annual: 2012-12-31
10-Q 2012-10-18 Quarter: 2012-09-30
10-Q 2012-07-20 Quarter: 2012-06-30
10-Q 2012-04-20 Quarter: 2012-03-31
10-K 2012-02-09 Annual: 2011-12-31
10-Q 2011-10-26 Quarter: 2011-09-30
10-Q 2011-07-21 Quarter: 2011-06-30
10-Q 2011-04-21 Quarter: 2011-03-31
10-K 2011-02-09 Annual: 2010-12-31
10-Q 2010-10-21 Quarter: 2010-09-30
10-Q 2010-07-23 Quarter: 2010-06-30
10-Q 2010-04-27 Quarter: 2010-03-31
10-K 2010-02-09 Annual: 2009-12-31
8-K 2020-01-17 Earnings, Exhibits
8-K 2019-10-11 Earnings, Exhibits
8-K 2019-08-29 Officers, Exhibits
8-K 2019-07-11 Earnings, Exhibits
8-K 2019-04-24 Shareholder Vote
8-K 2019-04-23 Amend Bylaw, Exhibits
8-K 2019-04-18 Other Events, Exhibits
8-K 2019-04-11 Earnings, Exhibits
8-K 2019-01-17 Amend Bylaw, Exhibits
8-K 2019-01-17 Earnings, Exhibits
8-K 2018-12-03 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-10-10 Earnings, Exhibits
8-K 2018-07-11 Earnings, Exhibits
8-K 2018-05-01 Regulation FD, Exhibits
8-K 2018-04-25 Shareholder Vote
8-K 2018-04-19 Regulation FD, Exhibits
8-K 2018-04-11 Earnings, Exhibits
8-K 2018-01-17 Earnings, Exhibits

Fastenal Financials

FAST Metrics, Comps, Filings

Annual | Quarterly

Business

Note - Information in this section is as of year end unless otherwise noted. The year end is December 31, 2018 unless additional years are included or noted.

Fastenal Company (together with our subsidiaries, hereinafter referred to as 'Fastenal' or the company or by terms such as we, our, or us) began as a partnership in 1967, and was incorporated under the laws of Minnesota in 1968. We opened our first branch in 1967 in Winona, Minnesota, a city with a population today of approximately 27,000. We began with a marketing strategy of supplying threaded fasteners to customers in small, medium-sized, and, in subsequent years, large cities. Over time, that mandate has expanded to a broader range of industrial and construction supplies spanning more than nine major product lines (described later in this document). The large majority of our transactions are business-to-business, though we also have some walk-in retail business. At the end of 2018, we had 3,121 in-market locations (defined in the table below) in 26 countries supported by 14 distribution centers in North America (11 in the United States, two in Canada, and one in Mexico), and we employed 21,644 people. We believe our success can be attributed to the high quality of our employees and their convenient proximity to our customers, and our ability to offer customers a full range of products and services to reduce their total cost of procurement.

The following table shows our consolidated net sales for each fiscal year as well as the number of public branches, Onsite locations, and total in-market locations at the end of each of the last ten years:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Home Depot (HD) 258,080 34% 15.1 22% 52,010 53,170 110,013 37,627 11,203 18,704 282,597
Lowe's (LOW) 88,944 31% 18.3 7% 40,695 38,055 71,795 22,018 2,944 5,663 103,686
Sherwin-Williams (SHW) 42,549 43% 20.5 6% 21,186 17,439 17,714 7,610 1,171 2,492 51,051
CBS (CBS) 18,582 0% 5.5 17% 23,835 19,082 16,167 0 4,167 5,029 27,603
Fastenal (FAST) 18,506 48% 15.5 20% 3,756 1,253 5,189 2,470 765 1,217 18,831
Best Buy (BBY) 18,191 23% 6.9 10% 14,978 11,693 43,069 10,059 1,515 2,629 18,082
Tractor Supply (TSCO) 12,999 34% 14.1 10% 5,313 3,768 8,191 2,805 550 928 13,045
Floor & Decor Holdings (FND) 4,067 41% 20.4 6% 2,011 1,340 1,911 778 119 204 4,163
Beacon Roofing Supply (BECN) 2,481 25% 11.7 0% 6,532 4,294 7,011 1,734 10 423 4,948
Builders FirstSource (BLDR) 1,837 26% 8.4 7% 3,250 2,546 7,470 1,975 228 391 3,276
BMC Stock Holdings (BMCH) 1,411 26% 6.4 7% 1,811 892 3,622 932 120 248 1,601
GMS (GMS) 1,189 32% 7.7 3% 2,274 1,612 3,185 1,033 72 306 2,340
Boise Cascade (BCC) 996 0% 7.4 -1% 1,733 1,028 4,676 0 -19 167 1,234
Foundation Building Materials (FBM) 817 30% 10.6 0% 1,450 1,067 2,133 634 2 131 1,383
Lumber Liquidators (LL) 325 36% -7.8 -10% 578 437 1,094 393 -59 -40 313
Aspen Aerogels (ASPN) 153 12% -6.9 -31% 102 41 117 14 -32 -22 149
Huttig Building Products (HBP) 61 20% 45.6 -6% 334 285 834 164 -20 5 219
Jewett Cameron Trading (JCTCF) 36 31% 14.8 10% 22 2 34 10 2 2 33
SG Blocks (SGBX) 4 17% -1.1 -51% 8 2 7 1 -4 -4 4

Balance Sheet ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1651441188059114129113117167
Accounts Receivable214270339372414462468500608714
Inventory5085576467157848699139931,0931,279
PP&E3353634365161,020764819900894925
Assets1,3271,4681,6851,8162,0762,3592,5322,6692,9103,322
Accounts Payable5360747891104126109148194
Long-Term Debt365390415500
Liabilities1371862262553034447317368141,019
Stockholders' Equity1,1911,2831,4591,5601,7731,9151,8011,9332,0972,303
Income Statement ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1,9302,2692,7673,1343,3263,7343,8693,9624,3904,965
Cost of Revenue9471,0951,3331,5191,6071,8361,9201,9972,2272,566
Gross Profit9831,1751,4341,6151,7191,8971,9491,9652,1642,399
R&D
SG&A6877458599411,0071,1111,1221,1691,2831,400
Tax113165217254271258327248294235
Net Income184265358421449494516499579752
Cash Flow ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating306240268396416499547514585674
Cash Investing-82-80-112-107-202-189-181-188-179-174
Cash Financing-148-183-182-328-234-250-338-341-407-446