Fastenal Company (FAST) on Decifer

Decifer ranks FAST number 239 of 277 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 28% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is expected to grow about 9% a year, profits grew 10% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, and that has stayed steady over the years, a sign of real pricing power.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares.
• Strong returns near 28% and steady high margins make it durable, but revenue growing about 9% a year with no growth story and a price about 19% above similar companies give it little to rerate on.

The current read

The evidence on FAST lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Industrials, Reshoring & Transport: Fastenal Company operates in industrial - distribution. That places it inside the Industrials, Reshoring & Transport story.

Read the full FAST research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.