Fastenal Balance Sheet Health
Financial Health criteria checks 6/6
Fastenal has a total shareholder equity of $3.9B and total debt of $195.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $5.1B and $1.2B respectively. Fastenal's EBIT is $1.6B making its interest coverage ratio 1077.5. It has cash and short-term investments of $288.1M.
Key information
5.01%
Debt to equity ratio
US$195.00m
Debt
| Interest coverage ratio | 1077.5x |
| Cash | US$288.10m |
| Equity | US$3.89b |
| Total liabilities | US$1.22b |
| Total assets | US$5.12b |
Recent financial health updates
We Think Fastenal (NASDAQ:FAST) Can Stay On Top Of Its Debt
May 10
Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Dec 29Recent updates
Fastenal Q3: Good, But Not Good Enough
Oct 14Is Now The Time To Look At Buying Fastenal Company (NASDAQ:FAST)?
May 25We Think Fastenal (NASDAQ:FAST) Can Stay On Top Of Its Debt
May 10Fastenal: Expensive But Strong Growth Prospects
Apr 19There Could Be A Chance Fastenal Company's (NASDAQ:FAST) CEO Will Have Their Compensation Increased
Apr 17Fastenal (NASDAQ:FAST) Is Increasing Its Dividend To $0.44
Apr 13Fastenal: Set To Gain Market Share In Tough Times, But There's A Caveat
Apr 12Here's What Fastenal's (NASDAQ:FAST) Strong Returns On Capital Mean
Mar 28Risks To Shareholder Returns Are Elevated At These Prices For Fastenal Company (NASDAQ:FAST)
Feb 26Fastenal's (NASDAQ:FAST) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21At US$71.63, Is It Time To Put Fastenal Company (NASDAQ:FAST) On Your Watch List?
Jan 13Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Dec 29Fastenal: High Quality, But Valuation Concerns Apparent Amid Manufacturing Uncertainty
Dec 27Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
Dec 15High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Oct 14Fastenal: Resilience Is Overshadowed By Steep Valuation
Oct 06Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation
Sep 12Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
Jul 12Fastenal Q1 Earnings: Subdued Demand Despite Improving Manufacturing Outlook
Apr 11Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know
Mar 26Financial Position Analysis
Short Term Liabilities: FAST's short term assets ($3.5B) exceed its short term liabilities ($832.7M).
Long Term Liabilities: FAST's short term assets ($3.5B) exceed its long term liabilities ($389.1M).
Debt to Equity History and Analysis
Debt Level: FAST has more cash than its total debt.
Reducing Debt: FAST's debt to equity ratio has reduced from 14% to 5% over the past 5 years.
Debt Coverage: FAST's debt is well covered by operating cash flow (620.8%).
Interest Coverage: FAST's interest payments on its debt are well covered by EBIT (1077.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/21 22:29 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fastenal Company is covered by 39 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| David Manthey | Baird |
| Scott Davis | Barclays |