Net Income for Fastenal (FAST)
According to Fastenal's latest reported financial statements, the company's current net income (TTM) is $1.30B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FAST
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.30B
YoY change
+9.4%
5Y CAGR
+7.9%
Peak year (2025)
$1.26B
Cumulative net income
$13.34B
Net Income history chart for Fastenal (FAST) from 1987 to 2025
Net Income history table for Fastenal (FAST) from 1987 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.26B | +9.4% | ||
| 2024 | $1.15B | -0.4% | ||
| 2023 | $1.16B | +6.3% | ||
| 2022 | $1.09B | +17.5% | ||
| 2021 | $925.00M | +7.7% | ||
| 2020 | $859.10M | +8.6% | ||
| 2019 | $790.90M | +5.2% | ||
| 2018 | $751.90M | +30.0% | ||
| 2017 | $578.60M | +15.9% | ||
| 2016 | $499.40M | -3.3% | ||
| 2015 | $516.40M | +4.5% | ||
| 2014 | $494.15M | +10.1% | ||
| 2013 | $448.64M | +6.7% | ||
| 2012 | $420.54M | +17.5% | ||
| 2011 | $357.93M | +34.9% | ||
| 2010 | $265.36M | +43.9% | ||
| 2009 | $184.36M | -34.1% | ||
| 2008 | $279.70M | +20.2% | ||
| 2007 | $232.62M | +16.9% | ||
| 2006 | $199.04M | +19.3% | ||
| 2005 | $166.81M | +27.3% | ||
| 2004 | $130.99M | +55.7% | ||
| 2003 | $84.12M | +11.4% | ||
| 2002 | $75.54M | +7.7% | ||
| 2001 | $70.11M | -13.2% | ||
| 2000 | $80.73M | +23.3% | ||
| 1999 | $65.50M | +23.6% | ||
| 1998 | $53.00M | +29.9% | ||
| 1997 | $40.80M | +25.5% | ||
| 1996 | $32.50M | +18.6% | ||
| 1995 | $27.40M | +46.5% | ||
| 1994 | $18.70M | +57.1% | ||
| 1993 | $11.90M | +35.2% | ||
| 1992 | $8.80M | +33.3% | ||
| 1991 | $6.60M | +4.8% | ||
| 1990 | $6.30M | +46.5% | ||
| 1989 | $4.30M | +34.4% | ||
| 1988 | $3.20M | +88.2% | ||
| 1987 | $1.70M | — |
Net Income 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
As of the 2025 fiscal year, Fastenal (FAST) reported net income of $1.26B – grew 9.4% year-over-year.
Across 2020–2025 (5 years), Fastenal net income produced a CAGR of +7.9% – with the latest reading among the more recent periods of the dataset.
$1.26B stands as the all-time-high annual net income, posted in 2025, against a low of $1.70M during 1987.
Among 8 Industrials peers, Fastenal (FAST) ranks 9th; the peer median for net income is $5.88B.
Fastenal Net Income by Year
Fastenal Net Income 2025: $1.26B
Fastenal net income in 2025 was $1.26B, grew 9.4% from 2024. This figure represents the highest annual value in the available history.
Fastenal Net Income 2024: $1.15B
Fastenal net income in 2024 was $1.15B, edged down 0.4% below 2023.
Fastenal Net Income 2023: $1.16B
Fastenal net income in 2023 was $1.16B, grew 6.3% from 2022.
Fastenal Net Income 2022: $1.09B
Fastenal net income in 2022 was $1.09B, grew 17.5% from 2021.
Fastenal Net Income 2021: $925.00M
Fastenal net income in 2021 was $925.00M.
See more financial history for Fastenal (FAST).
Sector peers — Net Income
Companies in the same sector as Fastenal, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Fastenal's net income?
- Latest reported net income for Fastenal (FAST) is $1.30B (period ending March 31, 2026).
How has Fastenal net income changed year-over-year?
- Fastenal (FAST) net income changed +9.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Fastenal net income?
- Fastenal (FAST) net income compound annual growth rate is +7.9% over the most recent 5 years available.
When did Fastenal net income hit its highest annual value?
- Fastenal net income reached its highest annual value of $1.26B in 2025.
What was Fastenal net income in 2024?
- Fastenal (FAST) net income in 2024 was $1.15B.
What was Fastenal net income in 2025?
- Fastenal (FAST) net income in 2025 was $1.26B.
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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