Fastenal Future Growth
Future criteria checks 2/6
Fastenal is forecast to grow earnings and revenue by 7.8% and 7.4% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 33.5% in 3 years.
Key information
7.8%
Earnings growth rate
7.9%
EPS growth rate
| Trade Distributors earnings growth | 8.9% |
| Revenue growth rate | 7.4% |
| Future return on equity | 33.5% |
| Analyst coverage | Good |
| Last updated | 16 Dec 2024 |
Recent future growth updates
Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20
Oct 18
Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results
Jul 20Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 13Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results
Feb 09Recent updates
Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
Dec 15Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20
Oct 18High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Oct 14Why We Like The Returns At Fastenal (NASDAQ:FAST)
Oct 11Fastenal: Resilience Is Overshadowed By Steep Valuation
Oct 06What Fastenal Company's (NASDAQ:FAST) P/E Is Not Telling You
Sep 27At US$69.82, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?
Sep 13Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation
Sep 12A Look At The Fair Value Of Fastenal Company (NASDAQ:FAST)
Aug 17Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results
Jul 20Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
Jul 12Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Jul 01Investor Optimism Abounds Fastenal Company (NASDAQ:FAST) But Growth Is Lacking
Jun 19Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns
Jun 07Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
May 14Here's Why Fastenal Company's (NASDAQ:FAST) CEO May Deserve A Raise
Apr 19Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 13Fastenal Q1 Earnings: Subdued Demand Despite Improving Manufacturing Outlook
Apr 11What Is Fastenal Company's (NASDAQ:FAST) Share Price Doing?
Apr 02Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know
Mar 26Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital
Mar 06Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Feb 22Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results
Feb 09Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced
Jan 18Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)
Jan 08Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today
Dec 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 8,739 | 1,355 | 1,136 | 1,353 | 13 |
| 12/31/2025 | 8,108 | 1,256 | 1,046 | 1,284 | 16 |
| 12/31/2024 | 7,564 | 1,163 | 1,007 | 1,241 | 17 |
| 9/30/2024 | 7,480 | 1,155 | 1,042 | 1,245 | N/A |
| 6/30/2024 | 7,416 | 1,152 | 1,146 | 1,336 | N/A |
| 3/31/2024 | 7,383 | 1,158 | 1,190 | 1,380 | N/A |
| 12/31/2023 | 7,347 | 1,155 | 1,260 | 1,433 | N/A |
| 9/30/2023 | 7,284 | 1,134 | 1,201 | 1,381 | N/A |
| 6/30/2023 | 7,240 | 1,123 | 1,070 | 1,250 | N/A |
| 3/31/2023 | 7,136 | 1,112 | 928 | 1,100 | N/A |
| 12/31/2022 | 6,981 | 1,087 | 767 | 941 | N/A |
| 9/30/2022 | 6,817 | 1,073 | 623 | 796 | N/A |
| 6/30/2022 | 6,569 | 1,031 | 533 | 705 | N/A |
| 3/31/2022 | 6,298 | 984 | 566 | 725 | N/A |
| 12/31/2021 | 6,011 | 925 | 614 | 770 | N/A |
| 9/30/2021 | 5,837 | 890 | 775 | 935 | N/A |
| 6/30/2021 | 5,696 | 868 | 911 | 1,056 | N/A |
| 3/31/2021 | 5,697 | 867 | 984 | 1,136 | N/A |
| 12/31/2020 | 5,647 | 859 | 934 | 1,102 | N/A |
| 9/30/2020 | 5,566 | 842 | 848 | 1,033 | N/A |
| 6/30/2020 | 5,532 | 834 | 788 | 1,002 | N/A |
| 3/31/2020 | 5,391 | 799 | 638 | 879 | N/A |
| 12/31/2019 | 5,334 | 791 | 596 | 843 | N/A |
| 9/30/2019 | 5,288 | 781 | 505 | 768 | N/A |
| 6/30/2019 | 5,189 | 765 | 457 | 696 | N/A |
| 3/31/2019 | 5,089 | 772 | 520 | 719 | N/A |
| 12/31/2018 | 4,965 | 752 | 498 | 674 | N/A |
| 9/30/2018 | 4,822 | 736 | 491 | 626 | N/A |
| 6/30/2018 | 4,675 | 681 | N/A | 604 | N/A |
| 3/31/2018 | 4,529 | 619 | N/A | 535 | N/A |
| 12/31/2017 | 4,391 | 579 | N/A | 585 | N/A |
| 9/30/2017 | 4,250 | 541 | N/A | 589 | N/A |
| 6/30/2017 | 4,130 | 525 | N/A | 560 | N/A |
| 3/31/2017 | 4,023 | 507 | N/A | 564 | N/A |
| 12/31/2016 | 3,962 | 499 | N/A | 520 | N/A |
| 9/30/2016 | 3,937 | 497 | N/A | 532 | N/A |
| 6/30/2016 | 3,919 | 506 | N/A | 539 | N/A |
| 3/31/2016 | 3,903 | 515 | N/A | 533 | N/A |
| 12/31/2015 | 3,869 | 516 | N/A | 550 | N/A |
| 9/30/2015 | 3,873 | 523 | N/A | 568 | N/A |
| 6/30/2015 | 3,858 | 520 | N/A | 538 | N/A |
| 3/31/2015 | 3,810 | 510 | N/A | 536 | N/A |
| 12/31/2014 | 3,734 | 494 | N/A | 499 | N/A |
| 9/30/2014 | 3,621 | 475 | N/A | 434 | N/A |
| 6/30/2014 | 3,499 | 461 | N/A | 425 | N/A |
| 3/31/2014 | 3,396 | 452 | N/A | 399 | N/A |
| 12/31/2013 | 3,326 | 449 | N/A | 416 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FAST's forecast earnings growth (7.8% per year) is above the savings rate (2.6%).
Earnings vs Market: FAST's earnings (7.8% per year) are forecast to grow slower than the US market (15.2% per year).
High Growth Earnings: FAST's earnings are forecast to grow, but not significantly.
Revenue vs Market: FAST's revenue (7.4% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: FAST's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FAST's Return on Equity is forecast to be high in 3 years time (33.5%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Fastenal Company is covered by 43 analysts. 17 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 |
| Ishan Majumdar | Baptista Research |