FAST Overview — StockExplainer

+279%

+14.2% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US

Exchange NASDAQ

Industry Industrial - Distribution

Sector Industrials

Market Cap $41.23B

CEO Mr. Daniel L. Florness

Fastenal Company is a business that sells industrial and construction supplies. They provide a variety of products like screws, bolts, and other fasteners that are used in building things and fixing machines. Fastenal has many locations where customers, including factories and construction workers, can easily buy what they need. Founded in 1967 and based in Minnesota, they help a wide range of industries keep their operations running smoothly.

Streams of revenue

Fasteners: 50%

Safety Products: 20%

Tools: 15%

Janitorial Supplies: 10%

Other: 5%

Estimations for reference only

Geographic Distribution

UNITED STATES: 91%

Canada and Mexico: 7%

Non-North America: 2%

Core Products

🛠️

Tools Hand and power tools

🔩

Fasteners Nuts, bolts, screws

🦺

Safety Products PPE and safety gear

🧹

Janitorial Supplies Cleaning products

Business Type

Business to Business

Competitive Advantages

🤝

Strategic Partnerships Fastenal's collaborations with OEMs and contractors create long-term relationships, ensuring a steady stream of business and fostering customer dependency on their products.

🛠️

Diverse Product Offering The wide range of industrial and construction supplies, including specialized fasteners and hardware, allows Fastenal to cater to various customer needs across multiple industries.

🏆

Strong Brand Recognition With decades of experience in the industry, Fastenal has built a reputable brand that is trusted by various sectors, enhancing customer loyalty and retention.

🌐

Extensive Distribution Network Fastenal's large network of over 3,200 in-market locations and multiple distribution centers enables efficient supply chain management and quick delivery to customers.

📦

Innovative Inventory Management Solutions Advanced inventory management services, such as vending solutions and tailored supply chain systems, provide added value to customers and enhance operational efficiency.

Key Business Risks

📉

Economic Downturns Economic recessions can reduce demand for construction and industrial supplies, impacting sales revenue.

🔥

Market Competition Intense competition from other distributors may erode market share and pressure pricing strategies.

📜

Regulatory Changes Changes in regulations affecting safety, environmental standards, or trade can create compliance challenges and costs.

⚠️

Supply Chain Disruptions Interruptions in the supply chain can lead to delays in acquiring essential products and increased costs.

💻

Technological Advancements Failure to keep pace with technological changes in distribution and inventory management can lead to inefficiencies.

Meeting Expectations

5 /10

Higher values indicate better execution and credibility

Business Overview

Performance Analysis

Stock Price

Performance Analysis

Stock Price