Fastenal (FAST) Payables (2009 - 2026)
Fastenal's Payables was $445.8 million in Q3 2026, up 29.3% from $344.8 million a year earlier and up 11.5% from the prior quarter.
Analysis
Fastenal (FAST) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Payables at Fastenal came in at $316.8 million, up 10.1% from FY2024.
- Payables has now increased for six consecutive years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- In earlier years, Payables was $287.7 million in FY2024 (+8.9%), $264.1 million in FY2023 (+3.6%), $255 million in FY2022 (+9.4%) and $233.1 million in FY2021 (+12.6%).
- The Q3 2026 figure marks the highest quarterly Payables in data going back to Q2 2009.
- Compared with a year earlier, Payables has increased for 12 straight quarters, with growth averaging 15.9% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was Q1 2022 (growth of 34.8%); the worst was Q2 2023 (a decline of 10.2%).
- Per Business Quant data, FAST's Payables in the three quarters before Q3 2026 was $399.8 million (Q2 2026), $363.2 million (Q1 2026) and $316.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 1.18 Bn |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 1.69 Bn |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 445.80 Mn |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 3.68 Bn |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 623.00 Mn |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 649.40 Mn |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 4.17 Bn |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 660.30 Mn |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 735.40 Mn |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 293.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 445.80 Mn |
| Jun 30, 2026 | 399.80 Mn |
| Mar 31, 2026 | 363.20 Mn |
| Dec 31, 2025 | 316.80 Mn |
| Sep 30, 2025 | 344.80 Mn |
| Jun 30, 2025 | 319.30 Mn |
| Mar 31, 2025 | 341.10 Mn |
| Dec 31, 2024 | 287.70 Mn |
| Sep 30, 2024 | 301.70 Mn |
| Jun 30, 2024 | 292.60 Mn |
| Mar 31, 2024 | 276.00 Mn |
| Dec 31, 2023 | 264.10 Mn |
| Sep 30, 2023 | 275.10 Mn |
| Jun 30, 2023 | 262.00 Mn |
| Mar 31, 2023 | 266.80 Mn |
| Dec 31, 2022 | 255.00 Mn |
| Sep 30, 2022 | 277.20 Mn |
| Jun 30, 2022 | 291.80 Mn |
| Mar 31, 2022 | 289.90 Mn |
| Dec 31, 2021 | 233.10 Mn |
API Access
Fastenal Payables 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=payables&ticker=FAST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();