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Fastenal (FAST) Company Profile

Updated Jun 3, 2019
Fastenal has the following business profile:
Company's Full Name:Fastenal Co
Short Name:Fastenal
Trading Ticker Symbol:FAST
Primary Exchange:NASDAQ
Headquarter City/Country:Winona, Minnesota
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Retail Building Materials
Main Business Areas: Consumer Services, Retail Building Materials, Industrials, Industrial Distribution, NASDAQ
Dividend Payments:Dividend History

Market and Trading Information for Fastenal

The following details were available for trading and market data about the stock of Fastenal as of writing:
Current Share Price:$30.86
Previous Year's Closing Price:$52.29
Percentage Price Change (YTD):-40.98%
Market Cap:$17.67 billion
52-week Price Range:$29.98 - $71.88
Dividend Per Share:$0.8
EPS (TTM):1.35
Price-Earnings (Trailing):22.94
Price-Earnings (Forward):10.05

Company Profile and Business Description for Fastenal

Fastenal Company, incorporated on December 24, 1968, is engaged in wholesale distribution of industrial and construction supplies. The Company is engaged in fastener distribution, and non-fastener maintenance and supply business. As of December 31, 2016, it distributed these supplies through a network of approximately 2,500 company-owned stores. Most of its customers are in the manufacturing and non-residential construction markets. The manufacturing market includes both original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO). The non-residential construction market includes general, electrical, plumbing, sheet metal and road contractors. Other users of its products include farmers, truckers, railroads, oil exploration, production and refinement companies, mining companies, federal, state, and local governmental entities, schools and certain retail trades. Geographically, its stores and customers are primarily located in North America.

The Company's original product offerings are fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name. This product line, which the Company refers to as the fastener product line, consists of two categories: threaded fasteners, such as bolts, nuts, screws, studs, and related washers, and miscellaneous supplies and hardware, such as various pins and machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. The Company's threaded fasteners are used in manufactured products and building projects, and in the maintenance and repair of machines and structures.

The Company has various versions of selling locations. The first type of store is the traditional store, which services a range of customers and stocks a range of selection of the products the Company offers. The second type of the store is the overseas store, which focuses on manufacturing customers and its fastener product line, and is the format, which the Company deploys outside the United States and Canada. The third type of the store is the strategic account store, a location that sells to multiple accounts in a market. The fourth type of store is the strategic account site, which is similar to a strategic account store, but operates out of an existing store. The fifth type of store is the Onsite location, which is a selling unit located in or near a customer's facility that sells product solely to that customer.

As of December 31, 2016, the Company operated 11 regional distribution centers in the United States, including Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, and Kansas, and three outside the United States, including Ontario, Canada; Alberta, Canada, and Nuevo Leon, Mexico. It operates its Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, California, North Carolina, and Ontario, Canada distribution centers with automated storage and retrieval systems (ASRS). The Indiana facility also contains its centralized replenishment facility for a portion of its industrial vending business. It uses various suppliers for the standard stock items it distributes. Its manufacturing business consists of two subsets: the industrial production business, in which it supplies products that become part of the finished goods produced by its customers and is sometimes referred to as OEM, and the maintenance portion, in which it supplies products that maintain the facility or the equipment of its customers engaged in manufacturing and is sometimes referred to as MRO.

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Peer / Competitor Companies of Retail Building Materials Sector

Along with Fastenal Co, the following other peer (competitor) companies also exist within the same Retail Building Materials - Consumer Services sector whose company profile and dividend history is as follows:

▶ Aspen Aerogels (ASPN): Aspen Aerogels, Inc., incorporated on May 16, 2008, is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs ....See Detailed Company Profile  and Dividend History.

▶ Beacon Roofing Supply (BECN): Beacon Roofing Supply, Inc., incorporated on July 16, 1997, is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada. The Company also distributes ....See Detailed Company Profile  and Dividend History.

▶ BMC Stock (BMCH): BMC Stock Holdings, Inc., incorporated on April 16, 2009, is a provider of building products and services in the United States residential construction market. The Companys segments include Mid-Atlantic, Southeast, ....See Detailed Company Profile  and Dividend History.

▶ Boise Cascade (BCC): Boise Cascade Company, incorporated on July 26, 2004, is an integrated wood products manufacturer and building materials distributor with operations throughout the United States and one manufacturing facility in Canada. ....See Detailed Company Profile  and Dividend History.

▶ Builders FirstSource (BLDR): Builders FirstSource, Inc., incorporated on March 4, 1998, is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Companys ....See Detailed Company Profile  and Dividend History.

▶ GMS (GMS): GMS Inc. distributes wallboards, suspended ceilings systems, and related construction products in the United States and Canada. The company offers wallboard products; and ceilings products, including ....See Detailed Company Profile  and Dividend History.

▶ Home Depot (HD): The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor pr....See Detailed Company Profile  and Dividend History.

▶ Huttig Building Products (HBP): Huttig Building Products, Inc., incorporated on January 2, 1913, is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling ....See Detailed Company Profile  and Dividend History.

▶ Jewett-Cameron Trading (JCTCF): Jewett-Cameron Trading Company Ltd., through its subsidiaries, manufactures and distributes specialty metal products; and distributes wood products to home centers and other retailers primarily in the....See Detailed Company Profile  and Dividend History.

▶ Lowe's (LOW): Lowes Companies, Inc. (Lowes), incorporated on August 1, 1952, is a home improvement retailer. The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet ....See Detailed Company Profile  and Dividend History.

▶ Lumber Liquidators (LL): Lumber Liquidators Holdings, Inc., incorporated on November 12, 2009, is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, ....See Detailed Company Profile  and Dividend History.

▶ Sherwin-Williams (SHW): The Sherwin-Williams Company (Sherwin-Williams), incorporated on July 16, 1884, is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail ....See Detailed Company Profile  and Dividend History.

▶ Tractor Supply (TSCO): Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary....See Detailed Company Profile  and Dividend History.

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