Fastenal profit margin FAST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 15.5%
- Operating margin, 12 months
- 20.3%
- Net margin on a year earlier
- +0.2 pts
- Peer median
- 6.5%
Over the twelve months to Jun 30, 2026, Fastenal kept 15.5% of its revenue as net profit, with an operating margin of 20.3% and a gross margin of 44.7%.
Five years earlier its net margin was 15.2%.
The median for 8 industrial distribution stocks of a similar size is 6.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 15.3% | 20.2% | 45.0% |
| FY2024 | 15.2% | 20.0% | 45.1% |
| FY2023 | 15.7% | 20.8% | 45.7% |
| FY2022 | 15.6% | 20.8% | 46.1% |
| FY2021 | 15.4% | 20.3% | 46.2% |
| FY2020 | 15.2% | 20.2% | 45.5% |
| FY2019 | 14.8% | 19.8% | 47.2% |
| FY2018 | 15.1% | 20.1% | 48.3% |
| FY2017 | 13.2% | 20.1% | 49.3% |
| FY2016 | 12.6% | 20.1% | 49.6% |
| FY2015 | 13.3% | 21.4% | 50.4% |
| FY2014 | 13.2% | 21.1% | 50.8% |
| FY2013 | 13.5% | 21.4% | 51.7% |
| FY2012 | 13.4% | 21.5% | 51.5% |
| FY2011 | 12.9% | 20.8% | 51.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 15.5% | +0.2 pts | 20.3% | |
| Q1 FY26 | 15.4% | +0.3 pts | 20.2% | |
| Q4 FY25 | 15.3% | +0.1 pts | 20.2% | |
| Q3 FY25 | 15.3% | −0.1 pts | 20.2% | |
| Q2 FY25 | 15.3% | −0.2 pts | 20.1% | |
| Q1 FY25 | 15.1% | −0.5 pts | 19.9% | |
| Q4 FY24 | 15.2% | −0.5 pts | 20.0% | |
| Q3 FY24 | 15.4% | −0.1 pts | 20.3% | |
| Q2 FY24 | 15.5% | +0.0 pts | 20.5% | |
| Q1 FY24 | 15.7% | +0.1 pts | 20.7% | |
| Q4 FY23 | 15.7% | +0.2 pts | 20.8% | |
| Q3 FY23 | 15.6% | −0.2 pts | 20.7% |
Against its peers
Companies in Industrial - Distribution nearest Fastenal's size, closest first, today.
| Company | Profit margin |
|---|---|
| FASTFastenal | 15.5% |
| GWWW.W. Grainger | 9.9% |
| FERGFerguson | n/m |
| WCCWESCO International | 2.8% |
| WSOWatsco | 6.5% |
| AITApplied Industrial Technologies | 8.3% |
| CNMCore & Main | 6.0% |
| POOLPool | 7.4% |
| MSMMSC Industrial Direct | 5.9% |
| Peer median | 6.5% |
Where Fastenal ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Fastenal
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.