Fastenal Co. (FAS)
Summary
FAS Chart
Can Fastenal's 17% Construction Growth Hold on Infrastructure Demand?
Fastenal Company FAST is gaining from stronger activity across construction markets, with infrastructure and data center projects emerging as important sources of demand. The company's construction sales grew approximately 17% in the second quarter of 2026, marking the second consecutive quarter of growth at this pace.
Can Fastenal's 44.6% FMI Sales Mix Unlock More Operating Leverage?
FAST's FMI sales rise 16.4% to $1.08 billion and reach 44.6% of Q2 revenues, as automation and fixed-cost leverage support operating efficiency.
Is Fastenal (FAST) Outperforming Other Industrial Products Stocks This Year?
Here is how Fastenal (FAST) and Kubota Corp. (KUBTY) have performed compared to their sector so far this year.
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Fastenal Co. Profile
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Jeffery Michael Watts CEO | XDUS Exchange | US3119001044 ISIN |
| US Country | 22,230 Employees | 28 Jul 2026 Last Dividend | 22 May 2025 Last Split | 26 Mar 1990 IPO Date |
Overview
Founded in 1967 and headquartered in Winona, Minnesota, Fastenal Company operates as a major player in the wholesale distribution of industrial and construction supplies both domestically and internationally. With a broad market base, Fastenal caters to the United States, Canada, Mexico, and beyond in North America, serving various sectors including manufacturing, non-residential construction, maintenance, repair, operations, and even governmental entities. Fastenal has grown substantially over the years, becoming synonymous with not just fasteners but a wide range of construction and industrial supplies. The company prides itself on its ability to provide essential components across multiple industries, ensuring reliability and efficiency in operations and projects.
Products and Services
Fastenal Company’s product lineup is expansive, covering essential supplies for construction, manufacturing, and maintenance. Below are some of their key offerings:
- Threaded Fasteners: This includes a comprehensive range of bolts, nuts, screws, and studs. These items are crucial in various manufacturing products and construction projects, acting as fundamental components that hold materials together.
- Related Washers: Accompanying the threaded fasteners, Fastenal provides related washers that help distribute the load of a screw or nut, preventing damage to surfaces and ensuring a secure hold.
- Miscellaneous Supplies and Hardware: Beyond fasteners, Fastenal offers a variety of other essential products such as pins, machinery keys, and concrete anchors. These items find use in numerous applications across the construction and manufacturing industries.
- Metal Framing Systems: Offering solutions for structural support, Fastenal's metal framing systems are vital for non-residential construction projects, providing stability and flexibility in design and structure.
- Wire Ropes and Strut Products: These products are critical in construction and various industrial applications, providing support and strength where needed. Wire ropes are essential for lifting and rigging, while strut products offer structural support for conduits and piping.
- Rivets and Related Accessories: Fastenal supplies rivets and a range of accessories, serving as permanent mechanical fasteners before and after installation, crucial for many manufacturing and repair tasks.
The company's vast product range serves a wide array of markets, including original equipment manufacturers (OEMs), maintenance, repair, operations (MRO) customers, the non-residential construction market, and sectors like agriculture, transportation, mining, education, retail, and energy. Fastenal also caters to governmental bodies at various levels, fulfilling their needs for robust, efficient, and reliable industrial and construction supplies.
