Fastenal (FAST) Dividend Coverage Ratio (2009 - 2026)
Fastenal's (FAST) quarterly Dividend Coverage Ratio came in at 1.39 in Q2 2026, up 6.26% on a YoY basis from 1.31 in Q2 2025, and up 12.77% quarter-over-quarter from 1.23 in Q1 2026.
Analysis
Fastenal (FAST) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Fastenal (FAST) has reported Dividend Coverage Ratio for 18 consecutive years, with 1.39 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 6.26% year-over-year to 1.39; the trailing twelve-month figure through Jun 2026 stood at 1.28 (up 1.84% YoY), and the FY2025 full-year result was 1.25, down 2.71% from the prior year.
- Dividend Coverage Ratio advanced to 1.39 in Q2 2026 per FAST's latest filing, from 1.23 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 1.61 in Q2 2022 and bottomed at 0.64 in Q4 2023.
- Historically, Dividend Coverage Ratio has averaged 1.33 across 5 years, with a median of 1.33 in 2024.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio sank 54.02% in 2023, then jumped 83.78% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 1.39 in 2022, then tumbled by 54.02% to 0.64 in 2023, then surged by 83.78% to 1.17 in 2024, then decreased by 0.8% to 1.16 in 2025, then climbed by 19.42% to 1.39 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.39, 1.23, and 1.16 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.39 Bn | 59.80 Bn | 1.98 Bn | 4.14 |
| 2 | Fastenal | 56.00 Bn | 55.79 Bn | 1.06 Bn | 1.39 |
| 3 | Ferguson Enterprises | 43.40 Bn | 42.58 Bn | 2.32 Bn | 2.38 |
| 4 | Reliance | 20.18 Bn | 19.94 Bn | 1.30 Bn | 5.06 |
| 5 | Wesco International | 17.41 Bn | 16.60 Bn | 1.46 Bn | 8.57 |
| 6 | Applied Industrial Technologies | 12.13 Bn | 12.00 Bn | 411.22 Mn | 6.28 |
| 7 | Watsco | 11.83 Bn | 11.37 Bn | 578.93 Mn | 1.43 |
| 8 | Avantor | 10.07 Bn | 9.76 Bn | 537.00 Mn | - |
| 9 | Core & Main | 7.85 Bn | 7.70 Bn | 520.00 Mn | 56.50 |
| 10 | Msc Industrial Direct | 6.67 Bn | 6.59 Bn | 430.41 Mn | 1.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 |
| Mar 31, 2026 | 1.23 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | 1.33 |
| Jun 30, 2025 | 1.31 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 1.17 |
| Sep 30, 2024 | 1.33 |
| Jun 30, 2024 | 1.31 |
| Mar 31, 2024 | 1.33 |
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 1.48 |
| Jun 30, 2023 | 1.49 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 1.39 |
| Sep 30, 2022 | 1.60 |
| Jun 30, 2022 | 1.61 |
| Mar 31, 2022 | 1.51 |
| Dec 31, 2021 | 1.44 |
| Sep 30, 2021 | 1.51 |