Fastenal (FAST) Net Margin (2009 - 2026)
Fastenal (FAST) reported Net Margin of 15.43% for Q1 2026, up 18.0% on a YoY basis from 13.08% in Q1 2025, and up 6.4% quarter-over-quarter from 14.5% in Q4 2025.
Fastenal (FAST) Net Margin (2009 - 2026) Analysis & Trends
Fastenal has reported Net Margin for 18 years, with the latest figure at 15.43% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 18.0% year-over-year to 15.43%; the trailing twelve-month figure through Mar 2026 stood at 15.39% (up 26.0% YoY), and the FY2025 full-year result was 15.35%, up 10.0% from the prior year.
- Net Margin for Q1 2026 stood at 15.43%, up from 14.5% in the prior quarter.
- The five-year high for Net Margin was 16.14% in Q2 2022, with the low at 14.37% in Q4 2024.
- Historically, Net Margin has averaged 15.46% across 5 years, with a median of 15.71% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin jumped 96 bps — and 2024, when it slumped 78 bps.
- Fastenal's Net Margin stood at 14.48% in 2022, then rose by 5 bps to 15.15% in 2023, then declined by 5 bps to 14.37% in 2024, then increased by 1 bps to 14.5% in 2025, then climbed by 6 bps to 15.43% in 2026.
- The last three Net Margin figures came in at 15.43% (Q1 2026), 14.5% (Q4 2025), and 15.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 10.82% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 15.43% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 5.54% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 2.53% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 4.63% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -13.13% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 7.97% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 4.62% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 4.68% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 4.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.43% |
| Dec 31, 2025 | 14.50% |
| Sep 30, 2025 | 15.73% |
| Jun 30, 2025 | 15.88% |
| Mar 31, 2025 | 15.24% |
| Dec 31, 2024 | 14.37% |
| Sep 30, 2024 | 15.61% |
| Jun 30, 2024 | 15.28% |
| Mar 31, 2024 | 15.71% |
| Dec 31, 2023 | 15.15% |
| Sep 30, 2023 | 16.01% |
| Jun 30, 2023 | 15.82% |
| Mar 31, 2023 | 15.87% |
| Dec 31, 2022 | 14.48% |
| Sep 30, 2022 | 15.79% |
| Jun 30, 2022 | 16.14% |
| Mar 31, 2022 | 15.82% |
| Dec 31, 2021 | 15.09% |
| Sep 30, 2021 | 15.67% |
| Jun 30, 2021 | 15.90% |