Fastenal Stock

Fastenal Market capitalization 2024

Fastenal Market capitalization

40.98 B USD

Ticker

FAST

ISIN

US3119001044

WKN

887891

In 2024, Fastenal's market cap stood at 40.98 B USD, a 23.88% increase from the 33.08 B USD market cap in the previous year.

The Fastenal Market capitalization history

YEARMarket Capitalization (undefined USD)
202331.98
202230.07
202129.91
202024
201918.67
201815.64
201717.98
201625.39
201523.98
201427.75
201328.94
201226.8
201120.14
201014.9
200910.51
200813.02
200712.43
200612.16
20059.56
20048.43

Fastenal Aktienanalyse

What does Fastenal do?

Fastenal Co is a leading American company specializing in the manufacturing, sale, and distribution of industrial supplies. The company was founded in 1967 by Bob Kierlin and his friends as a small screw distribution company in Winona, Minnesota. Over the years, Fastenal has expanded and become a top provider of screws, tools, fastening systems, hydraulic and pneumatic components, and other industrial supplies. Today, Fastenal operates over 2,200 locations in the US, Canada, Mexico, Europe, Asia, and South America, employing over 22,000 people with a revenue of over $5 billion in 2019. The company follows a B2B sales model, serving businesses and institutions with a wide range of products for various industries. Fastenal is divided into several divisions including sales, production, logistics, administration, and manufacturing. They offer products such as screws, nuts, bolts, fastening systems, tools, and machines, along with services including production and design, logistics and supply chain management, technical support, and training. One of their key divisions focuses on the manufacturing of automated storage systems. They provide a range of storage and distribution systems tailored to customers' specific needs. Fastenal also specializes in inventory consignment management, allowing customers to manage their industrial supply needs on a consignment basis, reducing costs and optimizing operations. In recent years, the company has embraced digital technologies to improve its operations, developing an online platform for ordering and account management, as well as mobile apps for order placement and tracking. In summary, Fastenal Co is a leading American company specializing in the manufacturing, sale, and distribution of industrial supplies, offering a wide range of products and services to meet customer needs, including automated storage systems, inventory consignments, and digital technologies. Fastenal ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Fastenal revenue by segment

In the annual report of the Fastenal share (US3119001044, 887891, FAST), it breaks down its revenues into 10 segments: 1. Fasteners, 2. Safety Supplies, 3. Tools, 4. Janitorial Supplies, 5. Hydraulics & Pneumatics, 6. Material Handling, 7. Cutting Tools, 8. Electrical Supplies, 9. Welding Supplies, 10. Other. The Fastenal stock (WKN: 887891, ISIN: US3119001044, Ticker Symbol: FAST) is a leading investment for investors interested in participating in the Industrials sector.

  • 34 % Fasteners

  • 18 % Safety Supplies

  • 10 % Tools

  • 8 % Janitorial Supplies

  • 7 % Hydraulics & Pneumatics

  • 6 % Material Handling

  • 6 % Cutting Tools

  • 4 % Electrical Supplies

  • 4 % Welding Supplies

  • 3 % Other

Market capitalization Details

Exploring Fastenal's Market Capitalization

Fastenal's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Fastenal's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Fastenal's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Fastenal’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Fastenal stock

What is the current Fastenal market capitalization?

The current market capitalization of Fastenal is 40.98 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Fastenal.

How has the market capitalization of Fastenal developed in recent years?

The market capitalization of Fastenal has increased/decreased by 23.88% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Fastenal?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Fastenal?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Fastenal have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Fastenal pay?

Over the past 12 months, Fastenal paid a dividend of 1.78 USD . This corresponds to a dividend yield of about 2.49 %. For the coming 12 months, Fastenal is expected to pay a dividend of 1.96 USD.

What is the dividend yield of Fastenal?

The current dividend yield of Fastenal is 2.49 %.

When does Fastenal pay dividends?

Fastenal pays a quarterly dividend. This is distributed in the months of January, February, May, August.

How secure is the dividend of Fastenal?

Fastenal paid dividends every year for the past 0 years.

What is the dividend of Fastenal?

For the upcoming 12 months, dividends amounting to 1.96 USD are expected. This corresponds to a dividend yield of 2.74 %.

In which sector is Fastenal located?

Fastenal is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Fastenal kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Fastenal from 8/23/2024 amounting to 0.39 USD, you needed to have the stock in your portfolio before the ex-date on 7/26/2024.

When did Fastenal pay the last dividend?

The last dividend was paid out on 8/23/2024.

What was the dividend of Fastenal in the year 2023?

In the year 2023, Fastenal distributed 1.24 USD as dividends.

In which currency does Fastenal pay out the dividend?

The dividends of Fastenal are distributed in USD.

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Andere Kennzahlen von Fastenal

Our stock analysis for Fastenal Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fastenal Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.