Fastenal Company

NasdaqGS FAST

Fastenal Company Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.15

Fastenal Company Debt to Equity Ratio is 0.15 for the Trailing 12 Months (TTM) ending September 30, 2024, a -24.30% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Fastenal Company Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.20, a -12.98% change year over year.
  • Fastenal Company Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.23, a -1.10% change year over year.
  • Fastenal Company Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.23, a -3.60% change year over year.
  • Fastenal Company Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.24, a -12.01% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NasdaqGS: FAST

Fastenal Company

CEO Mr. Daniel L. Florness
IPO Date Aug. 20, 1987
Location United States
Headquarters 2001 Theurer Boulevard
Employees 20,894
Sector Consumer Staples
Industries
Description

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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StockViz Staff

January 15, 2025

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