Fastenal Co - Company Profile
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Fastenal Co (Fastenal) is engaged in the distribution of industrial and construction supplies. It provides industrial and construction supplies through wholesale distributors. The company’s products include threaded fasteners such as nuts, bolts, screws, studs, threaded fasteners, and related washers, which are used in manufactured products and building projects, and the maintenance and repair of machines and structures. Fastenal also offers miscellaneous supplies and hardware, including various pins and concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. It operates through subsidiaries, stores and distribution centers spread across Chile, Brazil, China, India, the Netherlands, Mexico, the US, Canada, Hungary, Italy, Sweden, Romania, Poland, Austria, Singapore, Hong Kong, Malaysia, and Thailand, among other countries. Fastenal is headquartered in Winona, Minnesota, the US.
Headquarters
United States of America
Address
2001 Theurer Blvd, Winona, Minnesota, 55987-1500
Website
www.fastenal.com
Telephone
1 507 4545374
No of Employees
21,763
Industry
Construction
Ticker Symbol & Exchange
FAST (NASD)
Revenue (2024)
$8.2B
8.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
9.4%
(2024 vs 2023)
Market Cap*
$50.1B
Net Profit Margin (2024)
XYZ
0.7%
(2024 vs 2023)
* As of and is in US$
Fastenal Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Fasteners | Supply Solutions: |
| Cutting Tools and Metalworking | Vending |
| Safety Products | Integrated Supply |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company partnered with Laser Photonics Corporation to increase customer base and expand its distributor network. |
| 2023 | Contracts/Agreements | In October, the company and the National Hockey League entered into a multiyear global partnership extension. |
| 2023 | Contracts/Agreements | In August, the company entered into an agreement with Trex Company to collect used PE film in its distribution centers, branches, and customer-specific Onsite locations and ship it to Trex to use the material in the manufacture of its composite decking products. |
Competitor Comparison
| Key Parameters | Fastenal Co | W.W. Grainger Inc | Applied Industrial Technologies Inc | MSC Industrial Direct Co Inc | Distribution Solutions Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Winona | Lake Forest | Cleveland | Melville | Fort Worth |
| State/Province | Minnesota | Illinois | Ohio | New York | Texas |
| No. of Employees | 21,763 | 22,100 | 6,859 | 7,077 | 4,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott A. Satterlee | Chairman | Executive Board | 2009 | 57 |
| Daniel L. Florness | Chief Executive Officer; Director | Executive Board | 2016 | 62 |
| Max H. Tunnicliff | Chief Financial Officer; Senior Executive Vice President | Senior Management | 2025 | 48 |
| Sheryl A. Lisowski | Chief Accounting Officer; Executive Vice President; Treasurer | Senior Management | 2025 | 58 |
| Jeffery M. Watts | President; Chief Sales Officer | Senior Management | 2024 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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