Fastenal (FAST) Interest Expenses (2013 - 2026)
Fastenal (FAST) reported Interest Expenses of $800000.0 for Q1 2026, down 52.94% on a YoY basis from $1.7 million in Q1 2025, and down 11.11% quarter-over-quarter from $900000.0 in Q4 2025.
Fastenal (FAST) Interest Expenses (2013 - 2026) Analysis & Trends
Fastenal has reported Interest Expenses for 14 years, with the latest figure at $800000.0 in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 52.94% year-over-year to $800000.0; the trailing twelve-month figure through Mar 2026 stood at $5.5 million (down 21.43% YoY), and the FY2025 full-year result was $6.2 million, down 15.07% from the prior year.
- Interest Expenses for Q1 2026 stood at $800000.0, down from $900000.0 in the prior quarter.
- The five-year high for Interest Expenses was $5.0 million in Q4 2022, with the low at $800000.0 in Q1 2026.
- Historically, Interest Expenses has averaged $2.3 million across 5 years, with a median of $2.0 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 108.33% — and 2023, when it tumbled 62.0%.
- Fastenal's Interest Expenses stood at $5.0 million in 2022, then plunged by 62.0% to $1.9 million in 2023, then slipped by 10.53% to $1.7 million in 2024, then tumbled by 47.06% to $900000.0 in 2025, then retreated by 11.11% to $800000.0 in 2026.
- The last three Interest Expenses figures came in at $800000.0 (Q1 2026), $900000.0 (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | - |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 800,000.00 |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | - |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 29.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | - |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 5.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 800,000.00 |
| Mar 31, 2026 | 800,000.00 |
| Dec 31, 2025 | 900,000.00 |
| Dec 31, 2025 | 900,000.00 |
| Sep 30, 2025 | 1.60 Mn |
| Sep 30, 2025 | 1.60 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 1.70 Mn |
| Mar 31, 2025 | 1.70 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | 1.80 Mn |
| Sep 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 1.80 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Dec 31, 2023 | 1.90 Mn |