Fastenal (FAST) Asset Utilization Ratio (2009 - 2026)
Fastenal (FAST) reported Asset Utilization Ratio of 1.65 for Q1 2026, up 3.44% on a YoY basis from 1.59 in Q1 2025, and up 2.02% quarter-over-quarter from 1.61 in Q4 2025.
Fastenal (FAST) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Fastenal has reported Asset Utilization Ratio for 18 years, with the latest figure at 1.65 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 3.44% year-over-year to 1.65; the trailing twelve-month figure through Mar 2026 stood at 1.65 (up 3.44% YoY), and the FY2025 full-year result was 1.68, up 2.1% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.65, up from 1.61 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.65 in Q1 2026, with the low at 1.44 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.57 across 5 years, with a median of 1.59 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio climbed 9.08% — and 2025, when it fell 3.13%.
- Fastenal's Asset Utilization Ratio stood at 1.52 in 2022, then climbed by 6.6% to 1.62 in 2023, then slipped by 1.39% to 1.6 in 2024, then rose by 0.84% to 1.61 in 2025, then climbed by 2.02% to 1.65 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.65 (Q1 2026), 1.61 (Q4 2025), and 1.58 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 2.01 |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 1.65 |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 1.77 |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 1.45 |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 1.60 |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 0.53 |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 1.57 |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 1.23 |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 1.40 |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.65 |
| Dec 31, 2025 | 1.61 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | 1.57 |
| Mar 31, 2025 | 1.59 |
| Dec 31, 2024 | 1.60 |
| Sep 30, 2024 | 1.60 |
| Jun 30, 2024 | 1.62 |
| Mar 31, 2024 | 1.64 |
| Dec 31, 2023 | 1.62 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 1.58 |
| Mar 31, 2023 | 1.56 |
| Dec 31, 2022 | 1.52 |
| Sep 30, 2022 | 1.48 |
| Jun 30, 2022 | 1.45 |
| Mar 31, 2022 | 1.44 |
| Dec 31, 2021 | 1.41 |
| Sep 30, 2021 | 1.39 |
| Jun 30, 2021 | 1.38 |