Company Overview
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.
Company Information
- CEO
- Daniel L. Florness
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Employees
- 21339
Contact Information
- Website
- https://www.fastenal.com
- Address
- 2001 Theurer Boulevard
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Industrials leader with 57.27B market capitalization
- Trading Volume: 6.06M shares traded today
- Price Range: 52-week range of $32.05 - $49.94
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Fastenal Company
Fastenal Company (FAST) operates in the Industrial - Distribution industry within the Industrials sector. With a current market capitalization of 57.27B, the company represents a significant player in its market. The stock is currently trading at $49.90 with a positivedaily change of 1.61%.
The company's 21339 employee base and presence on the NASDAQ Global Selectexchange position it as a Industrials sector leader. Investors should consider the stock's P/E ratio of 47.98, beta of 0.95, and 52-week price range from $32.05 to $49.94when evaluating investment opportunities.
Why Invest in Fastenal Company?
Strengths
- • Established market presence in Industrials
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Daniel L. Florness
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Industrials Stocks
About Industrials Sector
The Industrials sector includes companies that manufacture machinery, provide transportation services, and offer industrial products and services.