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5-day change | 1st Jan Change | ||
| 43.89 USD | -1.99% |
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+0.34% | +9.37% |
| 23/01 | Thousands brave bitter cold to demand ICE leave Minneapolis | RE |
| 21/01 | Barclays Adjusts Price Target on Fastenal Company to $43 From $44, Maintains Equalweight Rating | MT |
Business description: Fastenal Company
- fastening products (30.7%): screws, nuts, bolts, joints, etc.;
- protection equipment (22.2%);
- storage and handling equipment (10.2%);
- industrial assembly and disassembly tools (8.4%);
- pneumatic and hydraulic tools (6.7%);
- cutting equipment (5.3%);
- electrical materials (4.7%);
- welding equipment (4.2%);
- other (3.4%).
At the end of 2024, the group had 3,628 outlets located primarily in the United States/Puerto Rico/Dominican Republic (2,924), Canada (317), Mexico (219), and Europe (96).
Net sales are distributed geographically as follows: the United States (83.1%), Canada and Mexico (13.7%) and other (3.2%).
Number of employees: 21,602
Sales by Activity: Fastenal Company
| Fiscal Period: December | 2020 (USD) | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) |
|---|---|---|---|---|---|
United States (u.s) | - | - | - | - | 627.31Cr |
Wholesale - Building Products | 564.73Cr | 601.09Cr | 698.06Cr | 734.67Cr | - |
Other | - | - | - | - | 127.29Cr |
Geographical breakdown of sales: Fastenal Company
| Fiscal Period: December | 2020 (USD) | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) |
|---|---|---|---|---|---|
United States | 482.53Cr | 503.33Cr | 586.71Cr | 613.98Cr | 627.31Cr |
Canada and Mexico | 62Cr | 75Cr | 88Cr | 98Cr | 103.56Cr |
ALL Other Foreign Countries | 20Cr | 23Cr | 23Cr | 22Cr | 24Cr |
Executive Committee: Fastenal Company
| Manager | Title | Age | Since |
|---|---|---|---|
Daniel Florness
CEO | Chief Executive Officer | 62 | 01/01/2016 |
Max Tunnicliff
DFI | Director of Finance/CFO | - | 10/11/2025 |
Jeffery Watts
PSD | President | 54 | 01/08/2024 |
Anthony Broersma
COO | Chief Operating Officer | 46 | 01/06/2022 |
John Soderberg
CTO | Chief Tech/Sci/R&D Officer | 54 | 01/05/2016 |
Composition of the Board of Directors: Fastenal Company
| Director | Title | Age | Since |
|---|---|---|---|
Daniel Florness
BRD | Director/Board Member | 62 | 01/01/2016 |
Reyne Wisecup
BRD | Director/Board Member | 63 | 01/01/2000 |
Scott Satterlee
CHM | Chairman | 57 | 24/04/2021 |
Michael Ancius
BRD | Director/Board Member | 61 | 01/01/2009 |
Rita Heise
BRD | Director/Board Member | 69 | 01/01/2012 |
Stephen Eastman
BRD | Director/Board Member | 61 | 01/06/2015 |
Daniel Johnson
BRD | Director/Board Member | 62 | 24/05/2016 |
Hsenghung Hsu
BRD | Director/Board Member | 56 | 06/08/2020 |
Sarah Nielsen
BRD | Director/Board Member | 53 | 16/08/2021 |
Irene Quarshie
BRD | Director/Board Member | 49 | 09/06/2023 |
Company details: Fastenal Company

Group companies: Fastenal Company
| Name | Category and Sector |
|---|---|
Fastenal India Wholesale Pvt Ltd. | |
Fastenal India Sourcing IT & Procurement Pvt Ltd.
Fastenal India Sourcing IT & Procurement Pvt Ltd. Wholesales, distributes and supplies industrial fastener products |
Industrial Machinery & Equipment Wholesale
| Change | 5d. change | 1-year change | 3-years change | Capi.($) | ||
|---|---|---|---|---|---|---|
| -1.99% | +0.34% | +16.33% | +79.18% | 5.04TCr | ||
| -0.82% | -1.02% | -5.67% | +88.33% | 5.03TCr | ||
| -0.86% | +0.14% | +3.02% | +177.89% | 1.11TCr | ||
| -0.78% | -0.38% | +7.12% | +129.45% | 1.06TCr | ||
| -0.45% | -2.81% | +22.83% | +99.03% | 1.01TCr | ||
| -2.31% | +1.19% | +4.00% | +7.39% | 478.62Cr | ||
| -0.23% | +0.39% | -3.48% | -31.47% | 414.02Cr | ||
| -0.07% | +1.88% | +5.87% | +13.17% | 271.25Cr | ||
| -2.68% | +3.72% | +20.11% | +343.12% | 201.56Cr | ||
| -0.53% | -2.51% | +7.67% | +83.48% | 206.07Cr | ||
| Average | -1.07% | +1.07% | +7.78% | +98.96% | 1.48TCr | |
| Weighted average by Cap. | -1.23% | +0.36% | +6.44% | +91.62% |
Sector
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