KPIs & Operating Metrics(New)
Growth Metrics

Fastenal (FAST) Tax Rate (2016 - 2026)

Fastenal filings provide 18 years of Tax Rate readings, the most recent being 24.22% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 21.0% to 24.22% in Q1 2026 year-over-year; TTM through Mar 2026 was 24.01%, a 20.0% increase, with the full-year FY2025 number at 23.96%, up 26.0% from a year prior.
  • Tax Rate reached 24.22% in Q1 2026 per FAST's latest filing, up from 23.56% in the prior quarter.
  • The five-year high for Tax Rate was 25.17% in Q4 2022, with the low at 23.09% in Q3 2024.
  • A 5-year average of 24.09% and a median of 24.17% in 2022 define the central range for Tax Rate.
  • Year-over-year, Tax Rate surged 262bps in 2022 and then plummeted -91bps in 2024.
  • Year by year, Tax Rate stood at 25.17% in 2022, then decreased by -2bps to 24.79% in 2023, then decreased by -4bps to 23.87% in 2024, then decreased by -1bps to 23.56% in 2025, then increased by 3bps to 24.22% in 2026.
  • Per Business Quant, the three most recent readings for FAST's Tax Rate are 24.22% (Q1 2026), 23.56% (Q4 2025), and 23.85% (Q3 2025).