Fastenal (FAST) Return on Capital Employed (2009 - 2026)
Fastenal (FAST) reported Return on Capital Employed of 39.69% for Q1 2026, up 184.0% on a YoY basis from 13.97% in Q1 2025, and up 4.72% quarter-over-quarter from 37.9% in Q4 2025.
Fastenal (FAST) Return on Capital Employed (2009 - 2026) Analysis & Trends
Fastenal has reported Return on Capital Employed for 18 years, with the latest figure at 39.69% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 184.0% year-over-year to 39.69%; the trailing twelve-month figure through Mar 2026 stood at 39.69% (up 184.0% YoY), and the FY2025 full-year result was 39.8%, up 102.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 39.69%, up from 37.9% in the prior quarter.
- The five-year high for Return on Capital Employed was 40.24% in Q1 2023, with the low at 35.61% in Q1 2022.
- Historically, Return on Capital Employed has averaged 38.36% across 5 years, with a median of 38.27% in 2022.
- Annual changes were most pronounced in 2023 — Return on Capital Employed surged 463 bps — and 2024, when it sank 206 bps.
- Fastenal's Return on Capital Employed stood at 38.27% in 2022, then climbed by 3 bps to 39.51% in 2023, then dropped by 5 bps to 37.46% in 2024, then increased by 1 bps to 37.9% in 2025, then climbed by 5 bps to 39.69% in 2026.
- The last three Return on Capital Employed figures came in at 39.69% (Q1 2026), 37.9% (Q4 2025), and 38.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 35.82% |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 39.69% |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 23.37% |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 10.68% |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 20.06% |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 20.70% |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | -3.19% |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 13.58% |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 22.86% |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 17.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.69% |
| Dec 31, 2025 | 37.90% |
| Sep 30, 2025 | 38.18% |
| Jun 30, 2025 | 37.90% |
| Mar 31, 2025 | 37.85% |
| Dec 31, 2024 | 37.46% |
| Sep 30, 2024 | 38.66% |
| Jun 30, 2024 | 39.41% |
| Mar 31, 2024 | 39.52% |
| Dec 31, 2023 | 39.51% |
| Sep 30, 2023 | 38.47% |
| Jun 30, 2023 | 39.06% |
| Mar 31, 2023 | 40.24% |
| Dec 31, 2022 | 38.27% |
| Sep 30, 2022 | 37.34% |
| Jun 30, 2022 | 36.97% |
| Mar 31, 2022 | 35.61% |
| Dec 31, 2021 | 34.02% |
| Sep 30, 2021 | 33.43% |
| Jun 30, 2021 | 33.21% |