Fastenal (FAST) Total Debt (2014 - 2026)
Fastenal (FAST) posted Total Debt of $120 million for Q2 2026, down 47.8% from $230 million a year earlier and down 4.0% from the prior quarter.
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Analysis
Fastenal (FAST) Total Debt (2014 - 2026) Analysis & Trends
At the end of FY2025, Fastenal's Total Debt came in at $125 million, down 37.5% from FY2024.
- Annual Total Debt has declined for three consecutive years, with a five-year compound annual growth rate of -21.0% (FY2020 to FY2025).
- In prior years, Fastenal's Total Debt was $200 million in FY2024 (-23.1%), $260 million in FY2023 (-53.2%), $555 million in FY2022 (+42.3%) and $390 million in FY2021 (-3.7%).
- The Q2 2026 figure stands as the lowest quarterly Total Debt since Q4 2014.
- On a year-over-year basis, Total Debt has declined in each of the last five quarters, with an average decline of 21.8% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2022, with growth of 52.1%; the weakest was Q3 2023, with a decline of 53.2%.
- According to Business Quant data, Total Debt for the three prior quarters was $125 million (Q1 2026), $125 million (Q4 2025) and $195 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 2.41 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 120.00 Mn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 4.13 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 8.56 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.66 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 5.94 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 262.30 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 119.72 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 3.70 Bn |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 2.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 120.00 Mn |
| Mar 31, 2026 | 125.00 Mn |
| Dec 31, 2025 | 125.00 Mn |
| Sep 30, 2025 | 195.00 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Mar 31, 2025 | 200.00 Mn |
| Dec 31, 2024 | 200.00 Mn |
| Sep 30, 2024 | 240.00 Mn |
| Jun 30, 2024 | 235.00 Mn |
| Mar 31, 2024 | 200.00 Mn |
| Dec 31, 2023 | 260.00 Mn |
| Sep 30, 2023 | 260.00 Mn |
| Jun 30, 2023 | 350.00 Mn |
| Mar 31, 2023 | 400.00 Mn |
| Dec 31, 2022 | 555.00 Mn |
| Sep 30, 2022 | 555.00 Mn |
| Jun 30, 2022 | 505.00 Mn |
| Mar 31, 2022 | 365.00 Mn |
| Dec 31, 2021 | 390.00 Mn |
| Sep 30, 2021 | 365.00 Mn |
API Access
Fastenal Total Debt 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=total-debt&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();