Fastenal (FAST) Debt Ratio (2014 - 2026)

Fastenal's (FAST) quarterly Debt Ratio came in at 0.02 in Q2 2026, down 50.56% YoY from 0.05 in Q2 2025, and down 5.52% on a QoQ basis from 0.02 in Q1 2026.

Fastenal (FAST) Debt Ratio (2014 - 2026) Analysis & Trends

Fastenal (FAST) has 13 years of Debt Ratio data on file, last reported at 0.02 in Q2 2026.

  • Quarterly Debt Ratio fell 50.56% year-over-year to 0.02 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.02 (down 50.56% YoY) and the FY2025 annual result came in at 0.03, down 30.27% from the prior year.
  • Debt Ratio eased to 0.02 in Q2 2026, from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.17 in Q4 2022 to a low of 0.02 in Q2 2026.
  • A 5-year average of 0.07 and a median of 0.06 in 2025 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 60.9% — and 2026, when it tumbled 57.5%.
  • Tracing FAST's Debt Ratio over 5 years: stood at 0.17 in 2022, then slumped by 56.9% to 0.07 in 2023, then plunged by 40.63% to 0.04 in 2024, then slumped by 30.27% to 0.03 in 2025, then slipped by 23.64% to 0.02 in 2026.
  • The last three Debt Ratio figures came in at 0.02 (Q2 2026), 0.02 (Q1 2026), and 0.03 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn 0.25
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 0.02
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 0.23
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 0.33
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 0.12
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 0.02
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 0.34
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn 0.36
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 0.20
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn 0.08

Historic Data

Download Data
DateValue
Jun 30, 2026 0.02
Mar 31, 2026 0.02
Dec 31, 2025 0.03
Sep 30, 2025 0.06
Jun 30, 2025 0.05
Mar 31, 2025 0.06
Dec 31, 2024 0.04
Sep 30, 2024 0.05
Jun 30, 2024 0.05
Mar 31, 2024 0.04
Dec 31, 2023 0.07
Sep 30, 2023 0.07
Jun 30, 2023 0.08
Mar 31, 2023 0.09
Dec 31, 2022 0.17
Sep 30, 2022 0.15
Jun 30, 2022 0.11
Mar 31, 2022 0.08
Dec 31, 2021 0.10
Sep 30, 2021 0.09