Fastenal (FAST) Gross Margin (2009 - 2026)
Fastenal (FAST) reported Gross Margin of 44.64% for Q1 2026, down 47.0% on a YoY basis from 84.23% in Q1 2025, and up 0.71% quarter-over-quarter from 44.33% in Q4 2025.
Fastenal (FAST) Gross Margin (2009 - 2026) Analysis & Trends
Fastenal has reported Gross Margin for 18 years, with the latest figure at 44.64% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 47.0% year-over-year to 44.64%; the trailing twelve-month figure through Mar 2026 stood at 44.89% (down 10.0% YoY), and the FY2025 full-year result was 45.01%, down 7.0% from the prior year.
- Gross Margin for Q1 2026 stood at 44.64%, up from 44.33% in the prior quarter.
- The five-year high for Gross Margin was 46.55% in Q1 2022, with the low at 44.33% in Q4 2025.
- Historically, Gross Margin has averaged 45.4% across 5 years, with a median of 45.32% in 2025.
- The largest YoY upside for Gross Margin was 115 bps in 2022 against a maximum downside of 122 bps in 2022.
- Fastenal's Gross Margin stood at 45.32% in 2022, then grew by 0 bps to 45.46% in 2023, then fell by 1 bps to 44.85% in 2024, then declined by 1 bps to 44.33% in 2025, then gained by 1 bps to 44.64% in 2026.
- The last three Gross Margin figures came in at 44.64% (Q1 2026), 44.33% (Q4 2025), and 45.27% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 39.46% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 44.64% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.25% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 27.89% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 23.66% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 30.43% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 27.07% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 28.99% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 41.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.64% |
| Dec 31, 2025 | 44.33% |
| Sep 30, 2025 | 45.27% |
| Jun 30, 2025 | 45.32% |
| Mar 31, 2025 | 45.11% |
| Dec 31, 2024 | 44.85% |
| Sep 30, 2024 | 44.95% |
| Jun 30, 2024 | 45.06% |
| Mar 31, 2024 | 45.46% |
| Dec 31, 2023 | 45.46% |
| Sep 30, 2023 | 45.92% |
| Jun 30, 2023 | 45.54% |
| Mar 31, 2023 | 45.72% |
| Dec 31, 2022 | 45.32% |
| Sep 30, 2022 | 45.86% |
| Jun 30, 2022 | 46.53% |
| Mar 31, 2022 | 46.55% |
| Dec 31, 2021 | 46.54% |
| Sep 30, 2021 | 46.34% |
| Jun 30, 2021 | 46.47% |