Fastenal (FAST) Operating Income (2009 - 2026)
Fastenal (FAST) recorded Operating Income of $530.8 million in Q3 2026, up 20.2% from $441.5 million a year earlier and up 5.8% from the prior quarter.
Fastenal (FAST) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Fastenal's Operating Income came in at $1.86 billion as of Sep 30, 2026, up 15.4% year-over-year; for FY2025, it was $1.66 billion, up 9.6% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.51 billion in FY2024 (-1.2%), $1.53 billion in FY2023 (+5.2%), $1.45 billion in FY2022 (+19.4%) and $1.22 billion in FY2021 (+6.6%).
- The Q3 2026 figure is the highest quarterly Operating Income in data going back to Q1 2009.
- On a year-over-year basis, Operating Income has increased for seven consecutive quarters, with growth averaging 10.7% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 27.7% in Q1 2022, against a decline of 2.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $501.8 million (Q2 2026), $447.6 million (Q1 2026) and $384.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.34 Bn | 72.46 Bn | 2.05 Bn | 1.41 Bn |
| 2 | W.W. Grainger | 65.22 Bn | 62.82 Bn | 1.98 Bn | 807.00 Mn |
| 3 | Fastenal | 60.31 Bn | 59.31 Bn | 1.10 Bn | 530.80 Mn |
| 4 | Ferguson Enterprises | 46.98 Bn | 44.19 Bn | 2.32 Bn | 612.00 Mn |
| 5 | Sunbelt Rentals Holdings | 34.35 Bn | 34.23 Bn | 1.25 Bn | 691.00 Mn |
| 6 | Reliance | 22.84 Bn | 21.89 Bn | 1.45 Bn | 552.10 Mn |
| 7 | Wesco International | 16.33 Bn | 13.38 Bn | 1.57 Bn | 450.80 Mn |
| 8 | Watsco | 12.05 Bn | 12.05 Bn | 586.29 Mn | 225.21 Mn |
| 9 | Applied Industrial Technologies | 10.95 Bn | 10.83 Bn | 392.21 Mn | 143.59 Mn |
| 10 | Avantor | 10.57 Bn | 9.16 Bn | 534.80 Mn | 139.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 530.80 Mn |
| Jun 30, 2026 | 501.80 Mn |
| Mar 31, 2026 | 447.60 Mn |
| Dec 31, 2025 | 384.30 Mn |
| Sep 30, 2025 | 441.50 Mn |
| Jun 30, 2025 | 436.10 Mn |
| Mar 31, 2025 | 393.90 Mn |
| Dec 31, 2024 | 344.80 Mn |
| Sep 30, 2024 | 388.10 Mn |
| Jun 30, 2024 | 386.90 Mn |
| Mar 31, 2024 | 390.20 Mn |
| Dec 31, 2023 | 353.80 Mn |
| Sep 30, 2023 | 386.70 Mn |
| Jun 30, 2023 | 394.90 Mn |
| Mar 31, 2023 | 393.20 Mn |
| Dec 31, 2022 | 332.90 Mn |
| Sep 30, 2022 | 379.20 Mn |
| Jun 30, 2022 | 383.40 Mn |
| Mar 31, 2022 | 358.00 Mn |
| Dec 31, 2021 | 300.90 Mn |
Fastenal Operating Income 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=operating-income&ticker=FAST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();