Fastenal Company

DB:FAS Stock Report

Market Cap: €41.4b

Fastenal Management

Management criteria checks 4/4

Fastenal's CEO is Dan Florness, appointed in Jan 2016, has a tenure of 9.08 years. total yearly compensation is $3.07M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth €21.95M. The average tenure of the management team and the board of directors is 8.5 years and 9.1 years respectively.

Key information

Dan Florness

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage22.8%
CEO tenure9.1yrs
CEO ownership0.05%
Management average tenure8.5yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Florness's remuneration changed compared to Fastenal's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$1b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$3mUS$700k

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$5mUS$700k

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$984m

Dec 31 2021US$2mUS$675k

US$925m

Sep 30 2021n/an/a

US$890m

Jun 30 2021n/an/a

US$868m

Mar 31 2021n/an/a

US$867m

Dec 31 2020US$3mUS$675k

US$859m

Sep 30 2020n/an/a

US$842m

Jun 30 2020n/an/a

US$834m

Mar 31 2020n/an/a

US$799m

Dec 31 2019US$2mUS$600k

US$791m

Sep 30 2019n/an/a

US$781m

Jun 30 2019n/an/a

US$765m

Mar 31 2019n/an/a

US$772m

Dec 31 2018US$2mUS$550k

US$752m

Compensation vs Market: Dan's total compensation ($USD3.07M) is below average for companies of similar size in the German market ($USD4.94M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.

CEO

Dan Florness (61 yo)

9.1yrs

Tenure

US$3,070,507

Compensation

Mr. Daniel L. Florness, also known as Dan, has been the Chief Executive Officer and Director at Fastenal Company since January 1, 2016 and served as its President since January 1, 2016 until August 01, 202...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Florness
CEO & Director9.1yrsUS$3.07m0.053%
€ 22.0m
Jeffery Watts
President & Chief Sales Officer1.8yrsUS$1.47m0.0010%
€ 430.9k
Holden Lewis
Senior EVP & CFO8.5yrsUS$1.45m0.0018%
€ 729.3k
John Soderberg
Senior Executive Vice President of Information Technology10.8yrsUS$1.23m0.0026%
€ 1.1m
Charles Miller
Senior Executive Vice President of Sales9.3yrsUS$1.60m0.0023%
€ 948.9k
Anthony Broersma
Executive Vice President of Operations2.7yrsno data0.0011%
€ 451.7k
Sheryl Lisowski
Executive VP11.3yrsUS$342.90k0.0013%
€ 518.0k
John Milek
VP & General Counselno datano datano data
Donnalee Papenfuss
Executive VP of Strategy & Communicationsless than a yearno data0.000030%
€ 12.4k
Noelle Oas
Executive Vice President of Human Resources2yrsno datano data
James Jansen
Executive Vice President of Manufacturing17.3yrsUS$637.49k0.0081%
€ 3.3m
William Drazkowski
Executive Vice President of Sales8.2yrsUS$1.27m0.0020%
€ 812.2k

8.5yrs

Average Tenure

53yo

Average Age

Experienced Management: FAS's management team is seasoned and experienced (8.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Florness
CEO & Director9.1yrsUS$3.07m0.053%
€ 22.0m
Reyne Wisecup
Director24.7yrsUS$125.00k0.0035%
€ 1.4m
Scott Satterlee
Independent Chair of the Board16.1yrsUS$200.00k0.0044%
€ 1.8m
Rita Heise
Independent Director12.6yrsUS$170.00k0.0035%
€ 1.4m
Sarah Nielsen
Independent Director3.5yrsUS$150.00k0.00035%
€ 145.0k
Daniel Johnson
Independent Director8.8yrsUS$150.00k0.0019%
€ 766.6k
Michael Ancius
Independent Director16.1yrsUS$170.00k0.0057%
€ 2.4m
Stephen Eastman
Independent Director9.7yrsUS$170.00k0.0017%
€ 721.0k
Brady Ericson
Independent Directorless than a yearno datano data
Hsenghung Hsu
Independent Director4.5yrsUS$150.00k0.00070%
€ 290.1k
Irene Quarshie
Independent Director1.7yrsUS$75.00k0%
€ 0

9.1yrs

Average Tenure

59yo

Average Age

Experienced Board: FAS's board of directors are considered experienced (9.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 12:37
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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 40 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.

AnalystInstitution
John EadeArgus Research Company
David MantheyBaird
Scott DavisBarclays