Fastenal (FAST) Debt Ratio (2014 - 2026)
Fastenal's Debt Ratio came in at 0.02 for Q2 2026, down 50.6% from 0.05 a year earlier and down 5.5% from the prior quarter.
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Analysis
Fastenal (FAST) Debt Ratio (2014 - 2026) Analysis & Trends
Going back to Q2 2014, Fastenal's Debt Ratio data covers 49 quarters.
- Debt Ratio has declined in each of the last three years.
- Going back by year, Debt Ratio was 0.04 in FY2024 (-26.9%), 0.06 in FY2023 (-52.3%), 0.12 in FY2022 (+34.5%) and 0.09 in FY2021 (-11.2%).
- The Q2 2026 figure represents the lowest quarterly Debt Ratio in data going back to Q2 2014.
- Year-over-year, Debt Ratio has declined for 13 consecutive quarters, with an average decline of 26.7% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2022 (growth of 38.7%), and the weakest in Q3 2023 (a decline of 52.8%).
- Business Quant data shows FAST's Debt Ratio at 0.02 (Q1 2026), 0.02 (Q4 2025) and 0.04 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 0.25 |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 0.02 |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 0.23 |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 0.36 |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 0.15 |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 0.33 |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 0.09 |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 0.02 |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 0.32 |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 0.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.05 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.09 |
API Access
Fastenal Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FAST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();