Fastenal (FAST) Operating Leases (2019 - 2026)

Fastenal (FAST) reported Operating Leases of $214.4 million for Q1 2026, up 10.29% on a YoY basis from $194.4 million in Q1 2025, and up 1.71% quarter-over-quarter from $210.8 million in Q4 2025.

Fastenal (FAST) Operating Leases (2019 - 2026) Analysis & Trends

Fastenal has reported Operating Leases for 8 years, with the latest figure at $214.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 10.29% year-over-year to $214.4 million; the trailing twelve-month figure through Mar 2026 stood at $214.4 million (up 10.29% YoY), and the FY2025 full-year result was $210.8 million, up 12.97% from the prior year.
  • Operating Leases for Q1 2026 stood at $214.4 million, up from $210.8 million in the prior quarter.
  • The five-year high for Operating Leases was $215.5 million in Q3 2025, with the low at $155.2 million in Q4 2022.
  • Historically, Operating Leases has averaged $183.5 million across 5 years, with a median of $183.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Leases decreased 1.82% — and 2024, when it climbed 18.7%.
  • Fastenal's Operating Leases stood at $155.2 million in 2022, then increased by 15.21% to $178.8 million in 2023, then advanced by 4.36% to $186.6 million in 2024, then rose by 12.97% to $210.8 million in 2025, then rose by 1.71% to $214.4 million in 2026.
  • The last three Operating Leases figures came in at $214.4 million (Q1 2026), $210.8 million (Q4 2025), and $215.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 214.40 Mn
Dec 31, 2025 210.80 Mn
Sep 30, 2025 215.50 Mn
Jun 30, 2025 209.10 Mn
Mar 31, 2025 194.40 Mn
Dec 31, 2024 186.60 Mn
Sep 30, 2024 187.60 Mn
Jun 30, 2024 183.00 Mn
Mar 31, 2024 186.00 Mn
Dec 31, 2023 178.80 Mn
Sep 30, 2023 181.90 Mn
Jun 30, 2023 173.30 Mn
Mar 31, 2023 156.70 Mn
Dec 31, 2022 155.20 Mn
Sep 30, 2022 161.20 Mn
Jun 30, 2022 165.50 Mn
Mar 31, 2022 159.60 Mn
Dec 31, 2021 156.00 Mn
Sep 30, 2021 160.70 Mn
Jun 30, 2021 167.60 Mn