Fastenal Co - Company Profile

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Fastenal Co: Overview

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Fastenal Co (Fastenal) is a construction equipment distributor. It provides industrial and construction supplies through wholesale distribution. The company’s products include threaded fasteners such as nuts, bolts, screws, studs, 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.

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Headquarters United States of America
Address 2001 Theurer Blvd, Winona, Minnesota, 55987-1500
Website www.fastenal.com
Telephone 1 507 4545374
No of Employees 20,721
Industry Wholesale
Ticker Symbol & Exchange FAST (NASD)
Revenue (2022) $7.3B 5.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 6.3% (2022 vs 2021)
Market Cap* $38.6B
Net Profit Margin (2023) XYZ 1.0% (2022 vs 2021)
* As of and is in US$
View Fastenal Co financials
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Fastenal Co premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Fastenal Co’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Fasteners Supply Solutions: First In Fasteners
Cutting Tools and Metalworking Vending Fastenal
Safety Products Integrated Supply Agent
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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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.
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Competitor Comparison

Key Parameters Fastenal Co Ace Hardware Corp 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 Oak Brook Cleveland Melville Fort Worth
State/Province Minnesota Illinois Ohio New York Texas
No. of Employees 20,721 12,500 6,365 7,131 1,685
Entity Type Public Private Public Public Public
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Executives
Name Position Board Since Age
Scott A. Satterlee Chairman Executive Board 2021 55
Daniel L. Florness Chief Executive Officer; President; Director Executive Board 2016 60
Holden Lewis Senior Executive Vice President; Chief Financial Officer Senior Management 2022 54
Sheryl A. Lisowski Chief Accounting Officer; Treasurer; Executive Vice President Senior Management 2020 56
Jeffery M. Watts Chief Sales Officer Senior Management 2023 52
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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