FAST

Fastenal Company
D

FAST

Arincen70/100B

Fastenal Company company profile

CEO
Jeffery Michael Watts
Employees
22,230
Headquarters
2001 Theurer Boulevard, Winona, MN 55987-1500, US
Sector
Industrials
Industry
Industrial - Distribution
IPO date
20 Aug 1987
Stock exchange
NASDAQ
ISIN
US3119001044

Website:fastenal.com

About the company

Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.

Employees

Fastenal Company had about 24,489 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 3.3% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY202524,489+3.32%334.86K USD51.39K USD
FY202423,702+2.16%318.37K USD48.54K USD
FY202323,201+3.64%316.65K USD49.78K USD
FY202222,386+9.16%311.83K USD48.55K USD
FY202120,507+0.70%293.11K USD45.11K USD
FY202020,365-7.21%277.30K USD42.19K USD
FY201921,948+1.40%243.02K USD36.04K USD
FY201821,644+5.25%229.40K USD34.74K USD
FY201720,565+4.80%213.49K USD28.14K USD
FY201619,624-5.41%201.90K USD25.45K USD
FY201520,746+12.65%186.50K USD24.89K USD
FY201418,417+6.60%202.72K USD26.83K USD
FY201317,277+14.08%192.52K USD25.97K USD
FY201215,145-0.15%206.91K USD27.77K USD
FY201115,168+14.17%182.41K USD23.60K USD
FY201013,285+10.29%170.83K USD19.97K USD
FY200912,045-11.65%160.26K USD15.31K USD
FY200813,634+13.49%171.66K USD20.52K USD
FY200712,013+15.34%171.63K USD19.36K USD
FY200610,415+11.92%173.72K USD19.11K USD
FY20059,306+17.12%163.69K USD17.93K USD
FY20047,946+15.98%155.86K USD16.48K USD
FY20036,851-3.62%145.22K USD12.28K USD
FY20027,108+8.75%127.38K USD10.63K USD
FY20016,536+0.91%125.20K USD10.73K USD
FY20006,477+17.91%115.14K USD12.46K USD
FY19995,493+20.75%110.90K USD11.92K USD
FY19984,549+11.63%110.60K USD11.65K USD
FY19974,075+32.61%97.67K USD10.01K USD
FY19963,073+50.27%93.62K USD10.58K USD
FY19952,045+28.37%108.85K USD13.40K USD
FY19941,593—101.63K USD11.74K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Fastenal Company

Institutions such as funds, banks and insurers held 89.2% of Fastenal Company's shares on 30 June 2026, 1,509 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 89.2%Other shareholders 10.8%

Shares free to trade

Free float 1.14B shares ·99.8% Closely held 2.66M shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Fastenal Company

Source: Financial Modeling PrepVerified against SEC filings