Fastenal (FAST) Return on Invested Capital [ROIC] (2013 - 2026)
Fastenal's Return on Invested Capital [ROIC] was 32.56% in Q2 2026, up 2.53 percentage points from 30.03% a year earlier and up 0.81 percentage points from the prior quarter.
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Analysis
Fastenal (FAST) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Fastenal came in at 31.93%, up 0.90 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +3.76 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 31.03% in FY2024 (-0.63 pp), 31.67% in FY2023 (+0.98 pp), 30.69% in FY2022 (+2.31 pp) and 28.38% in FY2021 (+0.21 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2013.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -0.04 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2026 (a gain of 2.53 percentage points); the worst was Q1 2025 (a drop of 2.13 percentage points).
- Per Business Quant data, FAST's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 31.75% (Q1 2026), 30.87% (Q4 2025) and 30.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn | 14.94% |
| 10 | Avantor | 10.53 Bn | 9.33 Bn | 537.00 Mn | -3.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.56% |
| Mar 31, 2026 | 31.75% |
| Dec 31, 2025 | 30.87% |
| Sep 30, 2025 | 30.22% |
| Jun 30, 2025 | 30.03% |
| Mar 31, 2025 | 29.93% |
| Dec 31, 2024 | 30.10% |
| Sep 30, 2024 | 30.54% |
| Jun 30, 2024 | 31.35% |
| Mar 31, 2024 | 32.06% |
| Dec 31, 2023 | 31.63% |
| Sep 30, 2023 | 30.66% |
| Jun 30, 2023 | 30.65% |
| Mar 31, 2023 | 30.41% |
| Dec 31, 2022 | 29.52% |
| Sep 30, 2022 | 29.22% |
| Jun 30, 2022 | 28.89% |
| Mar 31, 2022 | 28.57% |
| Dec 31, 2021 | 27.58% |
| Sep 30, 2021 | 27.12% |
API Access
Fastenal Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();