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Fastenal Company (FAST) Ratios
Fastenal Company Ratios
FAST's free cash flow for Q3 2026 was $347.60M. For the 2026 fiscal year, FAST's free cash flow was decreased by $-74.00M and operating cash flow was $421.60M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 4.85 | 4.67 | 4.57 | 3.96 | 4.19 |
| Quick Ratio | 2.41 | 2.28 | 2.27 | 1.79 | 1.95 |
| Cash Ratio | 0.39 | 0.37 | 0.33 | 0.29 | 0.35 |
| Solvency Ratio | 1.30 | 1.23 | 1.20 | 0.91 | 0.87 |
| Operating Cash Flow Ratio | 1.81 | 1.71 | 2.17 | 1.19 | 1.13 |
| Short-Term Operating Cash Flow Coverage | 51.84 | 15.64 | 23.88 | 4.66 | 12.84 |
| Net Current Asset Value | $ 2.36B | $ 2.13B | $ 1.91B | $ 1.74B | $ 1.60B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.09 | 0.10 | 0.12 | 0.18 | 0.15 |
| Debt-to-Equity Ratio | 0.11 | 0.13 | 0.16 | 0.25 | 0.21 |
| Debt-to-Capital Ratio | 0.10 | 0.12 | 0.14 | 0.20 | 0.17 |
| Long-Term Debt-to-Capital Ratio | 0.02 | 0.03 | 0.06 | 0.10 | 0.10 |
| Financial Leverage Ratio | 1.28 | 1.30 | 1.33 | 1.44 | 1.41 |
| Debt Service Coverage Ratio | 46.28 | 16.20 | 18.91 | 5.91 | 15.86 |
| Interest Coverage Ratio | 267.05 | 206.85 | 141.55 | 101.65 | 125.51 |
| Debt to Market Cap | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 |
| Interest Debt Per Share | 0.39 | 0.43 | 0.48 | 0.71 | 0.56 |
| Net Debt to EBITDA | 0.09 | 0.14 | 0.18 | 0.35 | 0.29 |
| Profitability Margins | |||||
| Gross Profit Margin | 45.01% | 45.08% | 45.66% | 46.07% | 46.20% |
| EBIT Margin | 20.26% | 20.08% | 20.81% | 20.83% | 20.25% |
| EBITDA Margin | 22.44% | 22.41% | 23.22% | 23.36% | 23.09% |
| Operating Profit Margin | 20.19% | 20.01% | 20.81% | 20.82% | 20.25% |
| Pretax Profit Margin | 20.18% | 19.99% | 20.72% | 20.63% | 20.09% |
| Net Profit Margin | 15.35% | 15.25% | 15.72% | 15.57% | 15.39% |
| Continuous Operations Profit Margin | 15.35% | 15.25% | 15.72% | 15.57% | 15.39% |
| Net Income Per EBT | 76.04% | 76.29% | 75.89% | 75.48% | 76.59% |
| EBT Per EBIT | 99.96% | 99.87% | 99.56% | 99.06% | 99.21% |
| Return on Assets (ROA) | 24.90% | 24.49% | 25.88% | 23.90% | 21.52% |
| Return on Equity (ROE) | 31.91% | 31.82% | 34.49% | 34.36% | 30.41% |
| Return on Capital Employed (ROCE) | 38.17% | 37.65% | 40.21% | 38.67% | 33.66% |
| Return on Invested Capital (ROIC) | 28.17% | 27.53% | 29.31% | 27.07% | 24.75% |
| Return on Tangible Assets | 24.90% | 24.49% | 25.88% | 23.90% | 21.52% |
| Earnings Yield | 2.73% | 2.79% | 3.12% | 3.99% | 2.51% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.59 | 6.81 | 6.75 | 6.89 | 6.68 |
| Payables Turnover | 14.23 | 14.40 | 15.12 | 14.76 | 13.87 |
| Inventory Turnover | 2.58 | 2.52 | 2.62 | 2.20 | 2.12 |
| Fixed Asset Turnover | 5.69 | 5.65 | 5.73 | 5.57 | 4.76 |
| Asset Turnover | 1.62 | 1.61 | 1.65 | 1.53 | 1.40 |
| Working Capital Turnover Ratio | 3.11 | 3.09 | 3.13 | 3.10 | 2.96 |
| Cash Conversion Cycle | 171.27 | 173.17 | 169.11 | 193.85 | 200.33 |
| Days of Sales Outstanding | 55.43 | 53.62 | 54.03 | 52.98 | 54.66 |
| Days of Inventory Outstanding | 141.49 | 144.89 | 139.22 | 165.59 | 171.97 |
| Days of Payables Outstanding | 25.64 | 25.34 | 24.15 | 24.72 | 26.31 |
| Operating Cycle | 196.92 | 198.51 | 193.25 | 218.57 | 226.64 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.13 | 1.02 | 1.25 | 0.82 | 0.67 |
| Free Cash Flow Per Share | 0.92 | 0.83 | 1.10 | 0.67 | 0.53 |
| Dividend Paid and CapEx Coverage Ratio | 1.04 | 1.05 | 1.20 | 1.06 | 0.96 |
| Capital Expenditure Coverage Ratio | 5.28 | 5.18 | 8.29 | 5.41 | 4.92 |
| Operating Cash Flow Coverage Ratio | 2.93 | 2.42 | 2.68 | 1.17 | 1.21 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.16 | 0.20 | 0.13 | 0.13 |
| Free Cash Flow Yield | 2.28% | 2.30% | 3.40% | 2.82% | 1.67% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 36.48 | 35.96 | 32.07 | 25.04 | 39.81 |
| Price-to-Sales (P/S) Ratio | 5.62 | 5.46 | 5.04 | 3.90 | 6.13 |
| Price-to-Book (P/B) Ratio | 11.68 | 11.39 | 11.06 | 8.60 | 12.10 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 43.84 | 43.50 | 29.40 | 35.47 | 60.02 |
| Price-to-Operating Cash Flow Ratio | 35.54 | 35.10 | 25.85 | 28.92 | 47.81 |
| Price-to-Earnings Growth (PEG) Ratio | 3.65 | -36.32 | 5.08 | 1.34 | 5.97 |
| Enterprise Value Multiple | 25.11 | 24.50 | 21.90 | 17.04 | 26.81 |
| Enterprise Value | 46.22B | 41.42B | 37.35B | 27.78B | 37.22B |
| EV to EBITDA | 25.11 | 24.50 | 21.90 | 17.04 | 26.81 |
| EV to Sales | 5.64 | 5.49 | 5.08 | 3.98 | 6.19 |
| EV to Free Cash Flow | 43.99 | 43.75 | 29.65 | 36.22 | 60.67 |
| EV to Operating Cash Flow | 35.67 | 35.30 | 26.07 | 29.53 | 48.33 |
| Tangible Book Value Per Share | 3.44 | 3.16 | 2.93 | 2.75 | 2.65 |
| Shareholders’ Equity Per Share | 3.44 | 3.16 | 2.93 | 2.75 | 2.65 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.24 | 0.24 | 0.25 | 0.23 |
| Revenue Per Share | 7.15 | 6.59 | 6.42 | 6.07 | 5.23 |
| Net Income Per Share | 1.10 | 1.00 | 1.01 | 0.94 | 0.80 |
| Tax Burden | 0.76 | 0.76 | 0.76 | 0.75 | 0.77 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 0.99 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.25 | 0.25 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.03 | 1.02 | 1.24 | 0.87 | 0.83 |
Currency in USD
