What if you invested $1000 in FAST on Jan 1, 2020?
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Historical Annual Returns
Over the past 20 years, Fastenal Company has delivered an average annual return of 15.9%. The stock peaked in 2019 with a massive +47.6% gain, while investors faced a downturn in 2022 (-21.8%). Overall, the stock finished in the green 15 times out of 20 years.
Avg Return
+15.9%
Win Rate
75%
15W - 5L
Best
+47.6%
2019
Worst
-21.8%
2022
Performance Consistency
About Fastenal Company
Visit Website ↗Fastenal Company is a leading industrial distributor that sells fasteners, tools, and other industrial and construction supplies. The company's sales model is built around a vast network of highly localized branches and on-site locations, supported by a strong supply chain and innovative vending solutions. Fastenal serves a diverse customer base across manufacturing, non-residential construction, and various other industries, aiming to provide cost-saving solutions and exceptional service.
Key Business Segments
North America
Includes operations in the United States, Canada, and Mexico, serving customers through branches, on-site locations, and vending machines.
All Other
Comprises operations in international markets outside North America.
Key Innovations
- ✓Pioneered the 'in-plant' vending machine model for industrial supplies, providing customers with 24/7 access to critical inventory and improving efficiency.
- ✓Developed a highly decentralized distribution model with numerous small branches, allowing for localized service and quick delivery to customers.
Historical Milestones
Fastenal Company is founded by Bob Kierlin in Winona, Minnesota.
Goes public on the Nasdaq Stock Market.
Opens its 100th store, demonstrating rapid expansion of its branch network.
Introduces its industrial vending machines, revolutionizing how customers manage their inventory.