Added to YB: 2026-05-06
Pitch date: 2026-05-03
FAST [neutral]
Fastenal Company
+0.56%
current return
Author Info
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Company Info
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally.
Market Cap
$51.6B
Pitch Price
$44.63
Price Target
N/A
Dividend
2.14%
EV/EBITDA
24.88
P/E
39.74
EV/Sales
6.12
Sector
Trading Companies and Distributors
Category
growth
Fastenal - How this company sells $7B worth of nuts and bolts
FAST (deep dive): $7B fastener distributor pivoted from 2200 branches to Onsite + vending model (140K machines, 2100 sites). Strategy: hunt $50K+/mo customers (now 50% rev vs 25% in 2016, growing 14% CAGR). FMI lowers total ownership cost, makes FAST indispensable. 95% mgmt promoted internally, decentralized P&L, profit-sharing drives culture. Captive fleet + 15 DCs + LIFTs support supply chain. Founder's 'Growth through Customer Service' vision still drives relentless focus.
Read full article (7 min)