Fastenal Future Growth

Future criteria checks 2/6

Fastenal is forecast to grow earnings and revenue by 7.6% and 7.4% per annum respectively. EPS is expected to grow by 7.7% per annum. Return on equity is forecast to be 36.6% in 3 years.

Key information

7.6%

Earnings growth rate

7.7%

EPS growth rate

Trade Distributors earnings growth7.6%
Revenue growth rate7.4%
Future return on equity36.6%
Analyst coverage

Good

Last updated26 Mar 2024

Recent future growth updates

Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Feb 09
Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Recent updates

Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know

Mar 26

Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital

Mar 06
Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital

Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Feb 22
Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Feb 09
Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced

Jan 18

Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)

Jan 08
Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)

Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

Dec 25
Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

Is Fastenal Company (NASDAQ:FAST) Worth US$63.4 Based On Its Intrinsic Value?

Dec 12
Is Fastenal Company (NASDAQ:FAST) Worth US$63.4 Based On Its Intrinsic Value?

Is It Time To Consider Buying Fastenal Company (NASDAQ:FAST)?

Nov 25
Is It Time To Consider Buying Fastenal Company (NASDAQ:FAST)?

Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Nov 13
Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Is Fastenal (NASDAQ:FAST) Using Too Much Debt?

Oct 30
Is Fastenal (NASDAQ:FAST) Using Too Much Debt?

Should You Be Adding Fastenal (NASDAQ:FAST) To Your Watchlist Today?

Sep 20
Should You Be Adding Fastenal (NASDAQ:FAST) To Your Watchlist Today?

Is Now An Opportune Moment To Examine Fastenal Company (NASDAQ:FAST)?

Aug 24
Is Now An Opportune Moment To Examine Fastenal Company (NASDAQ:FAST)?

Does This Valuation Of Fastenal Company (NASDAQ:FAST) Imply Investors Are Overpaying?

Aug 12
Does This Valuation Of Fastenal Company (NASDAQ:FAST) Imply Investors Are Overpaying?

Fastenal (NASDAQ:FAST) Could Easily Take On More Debt

Jul 31
Fastenal (NASDAQ:FAST) Could Easily Take On More Debt

Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Jul 02
Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

Jun 18
Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching

May 09
Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching

Fastenal (NASDAQ:FAST) Has A Rock Solid Balance Sheet

Apr 23
Fastenal (NASDAQ:FAST) Has A Rock Solid Balance Sheet

Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Mar 16
Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Here's Why We Think Fastenal (NASDAQ:FAST) Is Well Worth Watching

Mar 04
Here's Why We Think Fastenal (NASDAQ:FAST) Is Well Worth Watching

Fastenal (NASDAQ:FAST) Seems To Use Debt Rather Sparingly

Jan 16
Fastenal (NASDAQ:FAST) Seems To Use Debt Rather Sparingly

Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching

Dec 13
Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching

Fastenal (NASDAQ:FAST) Knows How To Allocate Capital

Nov 30
Fastenal (NASDAQ:FAST) Knows How To Allocate Capital

Is Fastenal Company (NASDAQ:FAST) Worth US$51.7 Based On Its Intrinsic Value?

Nov 19
Is Fastenal Company (NASDAQ:FAST) Worth US$51.7 Based On Its Intrinsic Value?

If EPS Growth Is Important To You, Fastenal (NASDAQ:FAST) Presents An Opportunity

Oct 25
If EPS Growth Is Important To You, Fastenal (NASDAQ:FAST) Presents An Opportunity

Fastenal: Built To Last, But Not A Buy Yet

Oct 19

Fastenal GAAP EPS of $0.50 beats by $0.02, revenue of $1.8B beats by $20M

Oct 13

Fastenal (NASDAQ:FAST) Could Easily Take On More Debt

Oct 10
Fastenal (NASDAQ:FAST) Could Easily Take On More Debt

Is It Too Late To Consider Buying Fastenal Company (NASDAQ:FAST)?

Sep 04
Is It Too Late To Consider Buying Fastenal Company (NASDAQ:FAST)?

Fastenal: Good Growth Prospects But Expensive

Aug 28

Estimating The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)

Aug 13
Estimating The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)

Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Aug 02
Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns

Fastenal Q2 2022 Earnings Preview

Jul 12

Does Fastenal (NASDAQ:FAST) Have A Healthy Balance Sheet?

Jul 11
Does Fastenal (NASDAQ:FAST) Have A Healthy Balance Sheet?

Fastenal: The Price Isn't Right Just Yet

Jul 05

Fastenal (NASDAQ:FAST) Ticks All The Boxes When It Comes To Earnings Growth

Jun 18
Fastenal (NASDAQ:FAST) Ticks All The Boxes When It Comes To Earnings Growth

At US$52.52, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?

May 27
At US$52.52, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?

A Look At The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)

May 12
A Look At The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)

Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns

Apr 30
Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns

Fastenal: Not A Buy Despite Good Growth Prospects

Apr 26

Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Apr 08
Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Earnings and Revenue Growth Forecasts

NasdaqGS:FAST - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20269,1731,4581,1991,4297
12/31/20258,4841,3321,0891,34215
12/31/20247,8461,2339921,24715
12/31/20237,3471,1551,2601,433N/A
9/30/20237,2841,1341,2011,381N/A
6/30/20237,2401,1231,0701,250N/A
3/31/20237,1361,1129281,100N/A
12/31/20226,9811,087767941N/A
9/30/20226,8171,073623796N/A
6/30/20226,5691,031533705N/A
3/31/20226,298984566725N/A
12/31/20216,011925614770N/A
9/30/20215,837890775935N/A
6/30/20215,6968689111,056N/A
3/31/20215,6978679841,136N/A
12/31/20205,6478599341,102N/A
9/30/20205,5668428481,033N/A
6/30/20205,5328347881,002N/A
3/31/20205,391799638879N/A
12/31/20195,334791596843N/A
9/30/20195,288781505768N/A
6/30/20195,189765457696N/A
3/31/20195,089772520719N/A
12/31/20184,965752498674N/A
9/30/20184,822736491626N/A
6/30/20184,675681480604N/A
3/31/20184,529619404535N/A
12/31/20174,391579465585N/A
9/30/20174,250541N/A589N/A
6/30/20174,130525N/A560N/A
3/31/20174,023507N/A564N/A
12/31/20163,962499N/A520N/A
9/30/20163,937497N/A532N/A
6/30/20163,919506N/A539N/A
3/31/20163,903515N/A533N/A
12/31/20153,869516N/A550N/A
9/30/20153,873523N/A568N/A
6/30/20153,858520N/A538N/A
3/31/20153,810510N/A536N/A
12/31/20143,734494N/A499N/A
9/30/20143,621475N/A434N/A
6/30/20143,499461N/A425N/A
3/31/20143,396452N/A399N/A
12/31/20133,326449N/A416N/A
9/30/20133,270448N/A422N/A
6/30/20133,214438N/A420N/A
3/31/20133,171429N/A424N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FAST's forecast earnings growth (7.6% per year) is above the savings rate (2.3%).

Earnings vs Market: FAST's earnings (7.6% per year) are forecast to grow slower than the US market (13.5% 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 (8.2% 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 (36.6%)


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