Gross Profit for Fastenal (FAST)
According to Fastenal's latest reported financial statements, the company's current gross profit (TTM) is $3.79B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

FAST
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.79B
YoY change
+8.5%
5Y CAGR
+7.5%
Peak year (2025)
$3.69B
Cumulative gross profit
$46.57B
Gross Profit history chart for Fastenal (FAST) from 1987 to 2025
Gross Profit history table for Fastenal (FAST) from 1987 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.69B | +8.5% | ||
| 2024 | $3.40B | +1.4% | ||
| 2023 | $3.35B | +4.3% | ||
| 2022 | $3.22B | +15.8% | ||
| 2021 | $2.78B | +8.2% | ||
| 2020 | $2.57B | +2.1% | ||
| 2019 | $2.52B | +4.9% | ||
| 2018 | $2.40B | +10.9% | ||
| 2017 | $2.16B | +10.1% | ||
| 2016 | $1.96B | +0.8% | ||
| 2015 | $1.95B | +2.7% | ||
| 2014 | $1.90B | +10.3% | ||
| 2013 | $1.72B | +6.5% | ||
| 2012 | $1.61B | +12.6% | ||
| 2011 | $1.43B | +22.1% | ||
| 2010 | $1.17B | +19.5% | ||
| 2009 | $983.43M | -20.4% | ||
| 2008 | $1.24B | +18.0% | ||
| 2007 | $1.05B | +15.4% | ||
| 2006 | $907.67M | +19.7% | ||
| 2005 | $758.10M | +21.4% | ||
| 2004 | $624.33M | +27.7% | ||
| 2003 | $489.07M | +9.1% | ||
| 2002 | $448.48M | +8.7% | ||
| 2001 | $412.43M | +3.0% | ||
| 2000 | $400.54M | +20.9% | ||
| 1999 | $331.30M | +20.3% | ||
| 1998 | $275.50M | +26.1% | ||
| 1997 | $218.40M | +36.2% | ||
| 1996 | $160.40M | +28.9% | ||
| 1995 | $124.40M | +38.8% | ||
| 1994 | $89.60M | +46.6% | ||
| 1993 | $61.10M | +34.0% | ||
| 1992 | $45.60M | +33.3% | ||
| 1991 | $34.20M | +17.5% | ||
| 1990 | $29.10M | +29.9% | ||
| 1989 | $22.40M | +36.6% | ||
| 1988 | $16.40M | +47.7% | ||
| 1987 | $11.10M | — |
Gross Profit values are taken from Fastenal's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Fastenal (FAST) gross profit is $3.69B – grew 8.5% year-over-year.
Fastenal gross profit compound annual growth for the 2020–2025 (5 years) window is +7.5%, sustaining 16 straight years of year-over-year growth.
The highest annual gross profit of $3.69B was reported in 2025. The lowest in the available history was $11.10M in 1987.
Fastenal (FAST) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $15.42B.
Fastenal Gross Profit by Year
Fastenal Gross Profit 2025: $3.69B
Fastenal gross profit in 2025 was $3.69B, grew 8.5% from 2024. This figure represents the highest annual value in the available history.
Fastenal Gross Profit 2024: $3.40B
Fastenal gross profit in 2024 was $3.40B, edged up 1.4% from 2023.
Fastenal Gross Profit 2023: $3.35B
Fastenal gross profit in 2023 was $3.35B, edged up 4.3% from 2022.
Fastenal Gross Profit 2022: $3.22B
Fastenal gross profit in 2022 was $3.22B, grew 15.8% from 2021.
Fastenal Gross Profit 2021: $2.78B
Fastenal gross profit in 2021 was $2.78B.
See more financial history for Fastenal (FAST).
Sector peers — Gross Profit
Companies in the same sector as Fastenal, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is Fastenal's gross profit?
- Latest reported gross profit for Fastenal (FAST) is $3.79B (period ending March 31, 2026).
How has Fastenal gross profit changed year-over-year?
- Fastenal (FAST) gross profit changed +8.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Fastenal gross profit?
- Fastenal (FAST) gross profit compound annual growth rate is +7.5% over the most recent 5 years available.
When did Fastenal gross profit hit its highest annual value?
- Fastenal gross profit reached its highest annual value of $3.69B in 2025.
What was Fastenal gross profit in 2024?
- Fastenal (FAST) gross profit in 2024 was $3.40B.
What was Fastenal gross profit in 2025?
- Fastenal (FAST) gross profit in 2025 was $3.69B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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