Company
Fastenal Company
Headquarters: Winona, MN, United States
Founded: 1967
Employees: 18,370
CEO: Mr. Daniel L. Florness
Market Cap
$27.15 Billion
USD as of Jan. 1, 2023
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Industry: Industrial Distribution
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Sector: Industrials
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Detailed Description
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Stocks & Indices
Fastenal Company has the following listings and related stock indices.
Stock: NASDAQ: FAST
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Stock: FSX: FAS
Stock: XETR: FAS
Key People
Daniel L. Florness (CEO), Holden Lewis (CFO), Lee Hein (Senior Executive VP - Sales)
Financials
Revenue: US$ 3,326.106 million (2013) US$ 3,133.577 million (2012)
Operating income: US$ 712.657 million (2013) US$ 673.691 million (2012)
Net income: US$ 448.636 million (2013) US$ 420.536 million (2012)
Total assets: US$ 2,075.784 million (2013) US$ 1,815.832 million (2012)
Total equity: US$ 1,772.697 million (2013) US$ 1,560.36 million (2012)