Fastenal Company

NasdaqGS:FAST Stock Report

Market Cap: US$53.3b

Fastenal Management

Management criteria checks 4/4

Fastenal's CEO is Dan Florness, appointed in Jan 2016, has a tenure of 10.08 years. total yearly compensation is $1.70M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $28.22M. The average tenure of the management team and the board of directors is 9.2 years and 10.1 years respectively.

Key information

Dan Florness

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage41.28%
CEO tenure10.1yrs
CEO ownership0.05%
Management average tenure9.2yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of Fastenal Company (NASDAQ:FAST) After Its Annual Report

Jan 22
Analyst Estimates: Here's What Brokers Think Of Fastenal Company (NASDAQ:FAST) After Its Annual Report

FAST Growth But High Priced: Fastenal Remains A Hold Following Q4 2025 Earnings

Jan 21

Pinning Down Fastenal Company's (NASDAQ:FAST) P/E Is Difficult Right Now

Jan 06
Pinning Down Fastenal Company's (NASDAQ:FAST) P/E Is Difficult Right Now

Is Now The Time To Look At Buying Fastenal Company (NASDAQ:FAST)?

May 25
Is Now The Time To Look At Buying Fastenal Company (NASDAQ:FAST)?

We Think Fastenal (NASDAQ:FAST) Can Stay On Top Of Its Debt

May 10
We Think Fastenal (NASDAQ:FAST) Can Stay On Top Of Its Debt

Fastenal: Expensive But Strong Growth Prospects

Apr 19

There Could Be A Chance Fastenal Company's (NASDAQ:FAST) CEO Will Have Their Compensation Increased

Apr 17
There Could Be A Chance Fastenal Company's (NASDAQ:FAST) CEO Will Have Their Compensation Increased

Fastenal (NASDAQ:FAST) Is Increasing Its Dividend To $0.44

Apr 13
Fastenal (NASDAQ:FAST) Is Increasing Its Dividend To $0.44

Fastenal: Set To Gain Market Share In Tough Times, But There's A Caveat

Apr 12

Here's What Fastenal's (NASDAQ:FAST) Strong Returns On Capital Mean

Mar 28
Here's What Fastenal's (NASDAQ:FAST) Strong Returns On Capital Mean

Risks To Shareholder Returns Are Elevated At These Prices For Fastenal Company (NASDAQ:FAST)

Feb 26
Risks To Shareholder Returns Are Elevated At These Prices For Fastenal Company (NASDAQ:FAST)

Fastenal: High Quality, But Valuation Concerns Apparent Amid Manufacturing Uncertainty

Dec 27

High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback

Oct 14

Fastenal: Resilience Is Overshadowed By Steep Valuation

Oct 06

Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation

Sep 12

Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft

Jul 12

CEO Compensation Analysis

How has Dan Florness's remuneration changed compared to Fastenal's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

US$1b

Sep 30 2025n/an/a

US$1b

Jun 30 2025n/an/a

US$1b

Mar 31 2025n/an/a

US$1b

Dec 31 2024US$2mUS$700k

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

Compensation vs Market: Dan's total compensation ($USD1.70M) is below average for companies of similar size in the US market ($USD13.14M).

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

CEO

Dan Florness (62 yo)

10.1yrs
Tenure
US$1,695,887
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 & Director10.1yrsUS$1.70m0.053%
$ 28.2m
Jeffery Watts
President & Chief Sales Officer2.8yrsUS$1.07m0.0010%
$ 548.9k
Charles Miller
Senior Executive Vice President of Sales10.3yrsUS$847.67k0.0048%
$ 2.5m
William Drazkowski
Senior Executive Vice President of Sales9.2yrsUS$731.67k0.0020%
$ 1.0m
Max Tunnicliff
Senior EVP & CFOless than a yearno datano data
Anthony Broersma
Executive Vice President of Operations3.7yrsno data0.0011%
$ 591.5k
Sheryl Lisowski
Executive VP12.3yrsUS$342.90k0.0013%
$ 666.1k
John Milek
VP & General Counselno datano datano data
Donnalee Papenfuss
Executive VP of Strategy & Communications1.3yrsno data0.000040%
$ 21.3k
Noelle Oas
Executive Vice President of Human Resources3yrsno datano data
James Jansen
Executive Vice President of Manufacturing18.3yrsUS$381.75k0.0080%
$ 4.3m
John Soderberg
Senior Executive Vice President of Information Technology11.8yrsUS$1.23m0.0027%
$ 1.4m
9.2yrs
Average Tenure
54yo
Average Age

Experienced Management: FAST's management team is seasoned and experienced (9.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Florness
CEO & Director10.1yrsUS$1.70m0.053%
$ 28.2m
Reyne Wisecup
Director25.7yrsUS$150.00k0.0035%
$ 1.9m
Scott Satterlee
Independent Chair of the Board17.1yrsUS$200.00k0.0043%
$ 2.3m
Rita Heise
Independent Director13.6yrsUS$170.00k0.0035%
$ 1.9m
Sarah Nielsen
Independent Director4.5yrsUS$150.00k0.00044%
$ 234.5k
Daniel Johnson
Independent Director9.8yrsUS$150.00k0.0019%
$ 1.0m
Michael Ancius
Independent Director17.1yrsUS$170.00k0.0062%
$ 3.3m
Stephen Eastman
Independent Director10.7yrsUS$170.00k0.0018%
$ 975.2k
Brady Ericson
Independent Director1.1yrsno datano data
Hsenghung Hsu
Independent Director5.5yrsUS$150.00k0.00087%
$ 463.6k
Irene Quarshie
Independent Director2.7yrsUS$150.00k0%
$ 0
10.1yrs
Average Tenure
60yo
Average Age

Experienced Board: FAST's board of directors are seasoned and experienced ( 10.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/16 18:43
End of Day Share Price 2026/02/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

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 35 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
Guy HardwickBarclays