Fastenal (FAST) Tax Rate (2009 - 2026)

Fastenal has reported Tax Rate for 18 years, with the latest figure at 24.22% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 21.0% year-over-year to 24.22%; the trailing twelve-month figure through Mar 2026 stood at 24.01% (up 20.0% YoY), and the FY2025 full-year result was 23.96%, up 26.0% from the prior year.
• Tax Rate for Q1 2026 stood at 24.22%, 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.
• Historically, Tax Rate has averaged 24.09% across 5 years, with a median of 24.17% in 2022.
• Annual changes were most pronounced in 2022 — Tax Rate jumped 262 bps — and 2024, when it tumbled 91 bps.
• Fastenal's Tax Rate stood at 25.17% in 2022, then retreated by 2 bps to 24.79% in 2023, then dropped by 4 bps to 23.87% in 2024, then retreated by 1 bps to 23.56% in 2025, then gained by 3 bps to 24.22% in 2026.
• The last three Tax Rate figures came in at 24.22% (Q1 2026), 23.56% (Q4 2025), and 23.85% (Q3 2025), per Business Quant data.