Fastenal (FAST) Debt Ratio (2014 - 2026)
Fastenal (FAST) reported Debt Ratio of 0.02 for Q1 2026, down 41.57% on a YoY basis from 0.04 in Q1 2025, and down 3.01% quarter-over-quarter from 0.02 in Q4 2025.
Fastenal (FAST) Debt Ratio (2014 - 2026) Analysis & Trends
Fastenal has reported Debt Ratio for 13 years, with the latest figure at 0.02 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 41.57% year-over-year to 0.02; the trailing twelve-month figure through Mar 2026 stood at 0.02 (down 41.57% YoY), and the FY2025 full-year result was 0.02, down 41.89% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.02, down from 0.02 in the prior quarter.
- The five-year high for Debt Ratio was 0.12 in Q4 2022, with the low at 0.02 in Q1 2026.
- Historically, Debt Ratio has averaged 0.06 across 5 years, with a median of 0.05 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio soared 38.75% — and 2023, when it plunged 52.84%.
- Fastenal's Debt Ratio stood at 0.12 in 2022, then tumbled by 52.25% to 0.06 in 2023, then fell by 26.93% to 0.04 in 2024, then plunged by 41.89% to 0.02 in 2025, then fell by 3.01% to 0.02 in 2026.
- The last three Debt Ratio figures came in at 0.02 (Q1 2026), 0.02 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 0.28 |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 0.02 |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 0.23 |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 0.34 |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 0.10 |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 0.12 |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | 0.18 |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 0.35 |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 0.31 |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.10 |