Fastenal Company

NASDAQ FAST

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Fastenal Company Debt to Income Ratio 5 year CAGR for the quarter ending March 31, 2024: -12.73%

Fastenal Company Debt to Income Ratio 5 year CAGR is -12.73% for the quarter ending March 31, 2024, a -118.00% change year over year. The debt to income ratio measures the level of debt relative to a company's net income. It is calculated by dividing total debt by net income. This ratio provides insights into the company's ability to generate sufficient income to cover its debt obligations. A higher ratio indicates a higher level of debt burden relative to the company's income. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Fastenal Company Debt to Income Ratio for the quarter ending March 31, 2022 was 1.69, a -28.44% change year over year.
  • Fastenal Company Debt to Income Ratio for the quarter ending March 31, 2021 was 2.37, a -13.10% change year over year.
  • Fastenal Company Debt to Income Ratio for the quarter ending March 31, 2020 was 2.72, a -9.05% change year over year.
NASDAQ: FAST

Fastenal Company

CEO Mr. Daniel L. Florness
IPO Date March 26, 1990
Location United States
Headquarters 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500
Employees 20,935
Sector Industrials
Industry Industrial distribution
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 that 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 customers; non-residential construction market; 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. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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StockViz Staff

September 19, 2024

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