Fastenal Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Jeff Watts
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 17.31% |
| CEO tenure | no data |
| CEO ownership | 0.001% |
| Management average tenure | 3.8yrs |
| Board average tenure | 10.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$1b |
| Mar 31 2026 | n/a | n/a | US$1b |
| Dec 31 2025 | US$3m | US$536k | US$1b |
| Sep 30 2025 | n/a | n/a | US$1b |
| Jun 30 2025 | n/a | n/a | US$1b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$1m | US$516k | US$1b |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$1m | US$452k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$2m | US$359k | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$984m |
| Dec 31 2021 | US$2m | US$368k | US$925m |
| Sep 30 2021 | n/a | n/a | US$890m |
| Jun 30 2021 | n/a | n/a | US$868m |
| Mar 31 2021 | n/a | n/a | US$867m |
| Dec 31 2020 | US$1m | US$344k | US$859m |
| Sep 30 2020 | n/a | n/a | US$842m |
| Jun 30 2020 | n/a | n/a | US$834m |
| Mar 31 2020 | n/a | n/a | US$799m |
| Dec 31 2019 | US$789k | US$303k | US$791m |
Compensation vs Market: Jeff's total compensation ($USD3.09M) is below average for companies of similar size in the Italian market ($USD6.32M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
CEO
Jeff Watts (54 yo)
Mr. Jeffery Michael Watts is CEO & Director of Fastenal Company since July 16, 2026. He was Chief Sales Officer at Fastenal Company since May 3, 2023 until July 16, 2026 and was its President since August...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Strategic Advisor to the CEO | no data | US$4.18m | 0.053% € 24.1m | |
| CEO & Director | no data | US$3.09m | 0.0010% € 473.1k | |
| Senior EVP & CFO | less than a year | US$466.40k | no data | |
| Executive VP | 12.8yrs | US$1.46m | 0.0013% € 573.2k | |
| Senior Executive Vice President of Information Technology | 12.2yrs | US$1.58m | 0.0027% € 1.2m | |
| Senior Executive Vice President of Sales | 10.7yrs | US$1.92m | 0.0024% € 1.1m | |
| Executive Vice President of Operations | 4.1yrs | no data | 0.0011% € 505.0k | |
| VP & General Counsel | no data | no data | no data | |
| Executive VP of Strategy & Communications | 1.7yrs | no data | 0.000040% € 18.2k | |
| Executive Vice President of Human Resources | 3.4yrs | no data | no data | |
| Senior Executive Vice President of Sales | 9.6yrs | US$731.67k | 0.0020% € 896.2k | |
| Financial Reporting & Regulatory Compliance Accountant | no data | no data | no data |
Experienced Management: 1FAST's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 26.1yrs | US$150.00k | 0.0035% € 1.6m | |
| Independent Chair of the Board | 17.5yrs | US$200.00k | 0.0044% € 2.0m | |
| Independent Director | 14yrs | US$170.00k | 0.0035% € 1.6m | |
| Independent Director | 4.9yrs | US$150.00k | 0.00044% € 200.2k | |
| Independent Director | 10.2yrs | US$150.00k | 0.0019% € 878.0k | |
| Independent Director | 17.5yrs | US$170.00k | 0.0063% € 2.8m | |
| Independent Director | 11.1yrs | US$170.00k | 0.0018% € 832.5k | |
| Independent Director | 1.5yrs | US$112.50k | 0% € 0 | |
| Independent Director | 5.9yrs | US$150.00k | 0.00087% € 395.8k | |
| Independent Director | 3.1yrs | US$150.00k | 0% € 0 | |
| Independent Director | less than a year | no data | no data |
Experienced Board: 1FAST's board of directors are seasoned and experienced ( 10.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/16 00:00 |
| End of Day Share Price | 2026/07/16 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| 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
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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 36 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 |
| Guy Hardwick | Barclays |