Fastenal (FAST) Operating Leases (2019 - 2026)
Fastenal (FAST) reported Operating Leases of $214.5 million for Q2 2026, up 2.6% from $209.1 million a year earlier and unchanged from the prior quarter.
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Analysis
Fastenal (FAST) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Fastenal posted Operating Leases of $210.8 million, up 13.0% from FY2024.
- Operating Leases has increased for three consecutive years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- By year, Operating Leases came in at $186.6 million in FY2024 (+4.4%), $178.8 million in FY2023 (+15.2%), $155.2 million in FY2022 (-0.5%) and $156 million in FY2021 (+3.0%).
- Five-year quarterly Operating Leases spans a low of $155.2 million in Q4 2022 and a high of $215.5 million in Q3 2025.
- Year over year, Operating Leases has now increased in each of the last 13 quarters, with growth averaging 8.4% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q1 2024 (growth of 18.7%); the low point was Q1 2023 (a decline of 1.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $214.4 million (Q1 2026), $210.8 million (Q4 2025) and $215.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214.50 Mn |
| 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 |
API Access
Fastenal Operating Leases 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-leases&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();