Fastenal Company

World Rank (Aug-2026)

445

Market Cap (Aug-2026)

58.545 Billion USD

World Rank (Jan-05-2024)

511

Market Cap (Jan-05-2024)

35.548 Billion USD

World Rank (Jul-30-2023)

561

Market Cap (Jul-30-2023)

33.383 Billion USD

World Rank (Jan-07-2022)

597

Market Cap (Jan-07-2022)

34.872 Billion USD

World Rank (Jan-01-2021)

652

Market Cap (Jan-01-2021)

28.031 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 269

Headquarters Country

USA

Nasdaq / NYSE Code

FAST

CEO

Daniel L. Florness

Chairman

Scott A. Satterlee

Employee Count

22,386

Employee Count as of Date

As on 2022

Headquarters City/State

Minnesota

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

8,201 Million USD

Annual Operating Income in USD

1,656 Million USD

Annual Net Income in USD

1,258 Million USD

Annual Results for Period Ending

For year ending December-2025

Total Assets in USD

5,053 Million USD

Total Liabilities in USD

1,109 Million USD

Total Equity in USD

3,944 Million USD

Balance Sheet for Period Ending

As of December-2025

Business Sector

Retail

Construction Materials

Company Website

Wikipedia

Yahoo

Yahoo @ Nasdaq

Facebook

Company Profile

Fastenal Company provides companies with the fasteners, tools, and supplies they need to manufacture products, build structures, protect personnel, and maintain facilities and equipment. As on 2023, company had 3,334 branches and on-site locations in all 50 US states and in Canada, Mexico, Asia, Africa, and Europe. Headquarters is in USA.

As on 2022, Fastenal Company has 22,386 employees.

Fastenal Company annual revenue generated for period ending Dec-2022 was 6,980 million USD.

Fastenal Company annual net income generated for period ending Dec-2022 was 1,086 million USD.

Annual Results Summary

FASTENAL COMPANY - Annual Results Summary - in Million USD

Year Ending:	Total Revenue	Operating Income	Net Income
Dec-2023	7,346	1,528	1,155
Dec-2022	6,980	1,453	1,086
Dec-2021	6,010	1,217	925
Dec-2020	5,647	1,142	859
Dec-2019	5,334	1,057	791
Dec-2018	4,965	999	752
Dec-2017	4,391	882	579

Balance Sheet Summary

Total Assets as on Dec-2023 was 4,462 Million USD.

Total Liabilities as on Dec-2023 was 1,114 Million USD.

Total Equity as on Dec-2023 was 3,348 Million USD.

Founded Year

1967

Institutional Investors

Top 30 Institutional Holder Names in FASTENAL COMPANY as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	09/30/2023	6,96,25,696	-1,03,388	-0.15%	$4,229,761
2	BLACKROCK INC.	09/30/2023	4,51,29,834	76,788	0.17%	$2,741,637
3	STATE STREET CORP	09/30/2023	2,81,11,502	6,43,581	2.34%	$1,707,774
4	BANK OF NEW YORK MELLON CORP	09/30/2023	2,41,26,427	-4,93,772	-2.01%	$1,465,680
5	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	1,44,08,840	2,86,324	2.03%	$875,337
6	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	1,38,30,951	4,23,112	3.16%	$840,230
7	BANK OF AMERICA CORP /DE/	09/30/2023	88,15,102	-65,842	-0.74%	$535,517
8	MORGAN STANLEY	09/30/2023	85,82,669	3,37,168	4.09%	$521,397
9	PRINCIPAL FINANCIAL GROUP INC	09/30/2023	78,08,281	-51,600	-0.66%	$474,353
10	NORTHERN TRUST CORP	09/30/2023	74,44,498	4,13,572	5.88%	$452,253
11	BAIRD FINANCIAL GROUP, INC.	09/30/2023	68,84,680	2,19,246	3.29%	$418,244
12	INVESCO LTD.	09/30/2023	67,45,302	9,57,091	16.54%	$409,777
13	ROYAL BANK OF CANADA	09/30/2023	66,51,629	5,68,372	9.34%	$404,086
14	NORGES BANK	12/31/2022	56,75,607	3,71,051	7.00%	$344,793
15	CANTILLON CAPITAL MANAGEMENT LLC	09/30/2023	55,47,396	-21,598	-0.39%	$337,004
16	ENVESTNET ASSET MANAGEMENT INC	09/30/2023	46,91,506	15,05,936	47.27%	$285,009
17	FRANKLIN RESOURCES INC	09/30/2023	46,27,504	-2,78,844	-5.68%	$281,121
18	LEGAL & GENERAL GROUP PLC	09/30/2023	44,85,957	-1,14,918	-2.50%	$272,522
19	LONDON CO OF VIRGINIA	09/30/2023	44,16,514	-1,66,954	-3.64%	$268,303
20	GOLDMAN SACHS GROUP INC	09/30/2023	43,91,138	84,064	1.95%	$266,762
21	UBS ASSET MANAGEMENT AMERICAS INC	09/30/2023	39,05,977	3,93,738	11.21%	$237,288
22	DF DENT & CO INC	09/30/2023	37,39,908	-30,045	-0.80%	$227,199
23	THRIVENT FINANCIAL FOR LUTHERANS	09/30/2023	37,23,219	3,92,129	11.77%	$226,186
24	MIRAE ASSET GLOBAL INVESTMENTS CO., LTD.	09/30/2023	36,83,255	3,87,270	11.75%	$223,758
25	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	09/30/2023	35,64,213	29,048	0.82%	$216,526
26	MACQUARIE GROUP LTD	09/30/2023	33,95,630	-51,776	-1.50%	$206,285
27	BLAIR WILLIAM & CO/IL	09/30/2023	32,81,255	-20,869	-0.63%	$199,336
28	MAIRS & POWER INC	09/30/2023	32,33,893	-17,441	-0.54%	$196,459
29	BANK OF MONTREAL /CAN/	09/30/2023	31,10,251	1,74,405	5.94%	$188,948
30	DIMENSIONAL FUND ADVISORS LP	09/30/2023	30,36,766	24,280	0.81%	$184,484