Fastenal (FAST) Interest Expenses (2013 - 2026)
Fastenal (FAST) recorded Interest Expenses of $1.2 million in Q2 2026, down 45.5% from $2.2 million a year earlier but up 50.0% from the prior quarter.
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Analysis
Fastenal (FAST) Interest Expenses (2013 - 2026) Analysis & Trends
On a TTM basis, Fastenal's Interest Expenses came in at $4.5 million as of Jun 30, 2026, down 39.2% year-over-year; for FY2025, it was $6.2 million, down 15.1% from FY2024.
- Annual Interest Expenses has declined for three straight years, with a five-year compound annual growth rate of -8.6% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $7.3 million in FY2024 (-32.4%), $10.8 million in FY2023 (-24.5%), $14.3 million in FY2022 (+47.4%) and $9.7 million in FY2021 (unchanged).
- Quarterly Interest Expenses has ranged from $800,000 in Q1 2026 to $5 million in Q4 2022 over the past five years.
- On a year-over-year basis, Interest Expenses has declined for four consecutive quarters, with an average decline of 21.8% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 108.3% in Q4 2022, against a decline of 62.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $800,000 (Q1 2026), $900,000 (Q4 2025) and $1.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | - |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 1.20 Mn |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 39.40 Mn |
| 10 | Core & Main | 7.69 Bn | 6.99 Bn | 573.00 Mn | 32.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Mn |
| Mar 31, 2026 | 800,000.00 |
| Dec 31, 2025 | 900,000.00 |
| Sep 30, 2025 | 1.60 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 1.70 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 1.80 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 2.10 Mn |
| Jun 30, 2023 | 2.90 Mn |
| Mar 31, 2023 | 3.90 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 4.10 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Mar 31, 2022 | 2.40 Mn |
| Dec 31, 2021 | 2.40 Mn |
| Sep 30, 2021 | 2.40 Mn |
API Access
Fastenal Interest Expenses 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=interest-expenses&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();