Fastenal (FAST) Invested Capital (2013 - 2026)
Fastenal's Invested Capital was $4.19 billion in Q2 2026, up 3.7% from $4.04 billion a year earlier and up 1.8% from the prior quarter.
Analysis
Fastenal (FAST) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Invested Capital at Fastenal came in at $4.07 billion, up 6.6% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In earlier years, Invested Capital was $3.82 billion in FY2024 (+5.7%), $3.61 billion in FY2023 (-2.9%), $3.72 billion in FY2022 (+8.3%) and $3.43 billion in FY2021 (+9.4%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q3 2013.
- Compared with a year earlier, Invested Capital has increased for eight straight quarters, with growth averaging 5.9% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q2 2022 (growth of 12.1%); the worst was Q4 2023 (a decline of 2.9%).
- Per Business Quant data, FAST's Invested Capital in the three quarters before Q2 2026 was $4.11 billion (Q1 2026), $4.07 billion (Q4 2025) and $4.09 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.70 Bn | 65.46 Bn | 1.73 Bn | 23.45 Bn |
| 2 | W.W. Grainger | 62.45 Bn | 60.04 Bn | 1.98 Bn | 6.92 Bn |
| 3 | Fastenal | 59.24 Bn | 58.17 Bn | 1.06 Bn | 4.19 Bn |
| 4 | Ferguson Enterprises | 43.40 Bn | 40.62 Bn | 2.32 Bn | 10.00 Bn |
| 5 | Sunbelt Rentals Holdings | 31.68 Bn | 31.55 Bn | 1.25 Bn | 16.00 Bn |
| 6 | Reliance | 20.62 Bn | 19.65 Bn | 1.30 Bn | 9.08 Bn |
| 7 | Wesco International | 17.75 Bn | 15.06 Bn | 1.46 Bn | 11.16 Bn |
| 8 | Applied Industrial Technologies | 12.47 Bn | 12.35 Bn | 411.22 Mn | 2.12 Bn |
| 9 | Watsco | 11.12 Bn | 8.80 Bn | 578.93 Mn | 3.59 Bn |
| 10 | Avantor | 10.55 Bn | 9.34 Bn | 537.00 Mn | 9.33 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.19 Bn |
| Mar 31, 2026 | 4.11 Bn |
| Dec 31, 2025 | 4.07 Bn |
| Sep 30, 2025 | 4.09 Bn |
| Jun 30, 2025 | 4.04 Bn |
| Mar 31, 2025 | 3.89 Bn |
| Dec 31, 2024 | 3.82 Bn |
| Sep 30, 2024 | 3.84 Bn |
| Jun 30, 2024 | 3.73 Bn |
| Mar 31, 2024 | 3.63 Bn |
| Dec 31, 2023 | 3.61 Bn |
| Sep 30, 2023 | 3.73 Bn |
| Jun 30, 2023 | 3.73 Bn |
| Mar 31, 2023 | 3.67 Bn |
| Dec 31, 2022 | 3.72 Bn |
| Sep 30, 2022 | 3.72 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Mar 31, 2022 | 3.51 Bn |
| Dec 31, 2021 | 3.43 Bn |
| Sep 30, 2021 | 3.33 Bn |
API Access
Fastenal Invested Capital 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=invested-capital&ticker=FAST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();