Fastenal (FAST) Net Margin (2009 - 2026)
Fastenal (FAST) posted Net Margin of 16.30% for Q3 2026, up 0.58 percentage points from 15.73% a year earlier and up 0.27 percentage points from the prior quarter.
Fastenal (FAST) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Fastenal was 15.62%, up 0.28 percentage points year-over-year; for FY2025, it came in at 15.35%, up 0.10 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +0.13 percentage points (FY2020 to FY2025).
- In prior years, Fastenal's Net Margin was 15.25% in FY2024 (-0.47 pp), 15.72% in FY2023 (+0.15 pp), 15.57% in FY2022 (+0.18 pp) and 15.39% in FY2021 (+0.18 pp).
- The Q3 2026 figure stands as the highest quarterly Net Margin since Q2 2018.
- On a year-over-year basis, Net Margin has increased in each of the last six quarters, with an average year-over-year change of +0.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2022, with a gain of 0.96 percentage points; the weakest was Q4 2024, with a drop of 0.78 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 16.04% (Q2 2026), 15.43% (Q1 2026) and 14.50% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.34 Bn | 72.46 Bn | 2.05 Bn | 18.80% |
| 2 | W.W. Grainger | 65.22 Bn | 62.82 Bn | 1.98 Bn | 11.35% |
| 3 | Fastenal | 60.31 Bn | 59.31 Bn | 1.10 Bn | 16.30% |
| 4 | Ferguson Enterprises | 46.98 Bn | 44.19 Bn | 2.32 Bn | 5.54% |
| 5 | Sunbelt Rentals Holdings | 34.35 Bn | 34.23 Bn | 1.25 Bn | 14.06% |
| 6 | Reliance | 22.84 Bn | 21.89 Bn | 1.45 Bn | 7.73% |
| 7 | Wesco International | 16.33 Bn | 13.38 Bn | 1.57 Bn | 3.71% |
| 8 | Watsco | 12.05 Bn | 12.05 Bn | 586.29 Mn | - |
| 9 | Applied Industrial Technologies | 10.95 Bn | 10.83 Bn | 392.21 Mn | 8.55% |
| 10 | Avantor | 10.57 Bn | 9.16 Bn | 534.80 Mn | 11.98% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.30% |
| Jun 30, 2026 | 16.04% |
| 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% |
Fastenal Net Margin 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=net-margin&ticker=FAST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();