Fastenal Company (FAST)

Fastenal Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,416	7,347	6,981	6,011	5,647	5,334
Revenue Growth (YoY)	2.43%	5.24%	16.13%	6.44%	5.88%	7.42%
Cost of Revenue	4,044	3,992	3,765	3,234	3,080	2,818
Gross Profit	3,372	3,355	3,216	2,777	2,568	2,515
Selling, General & Admin	1,855	1,826	1,762	1,560	1,426	1,458
Operating Expenses	1,855	1,826	1,762	1,560	1,426	1,458
Operating Income	1,518	1,529	1,454	1,217	1,142	1,057
Interest Expense / Income	7.8	10.8	14.3	9.7	9.7	13.9
Other Expense / Income	-6	-4.1	-0.7	-0.1	-0.6	-0.4
Pretax Income	1,516	1,522	1,440	1,208	1,133	1,044
Income Tax	363.5	367	353.1	282.8	273.6	252.8
Net Income	1,152	1,155	1,087	925	859.1	790.9
Net Income Growth	2.58%	6.27%	17.50%	7.67%	8.62%	5.19%
Shares Outstanding (Basic)	573	571	574	575	574	573
Shares Outstanding (Diluted)	574	573	576	577	576	574
Shares Change	0.21%	-0.45%	-0.26%	0.24%	0.23%	0.02%
EPS (Basic)	2.01	2.02	1.89	1.61	1.50	1.38
EPS (Diluted)	2.02	2.02	1.89	1.60	1.49	1.38
EPS Growth	2.54%	6.88%	18.12%	7.38%	7.97%	5.34%
Free Cash Flow	1,159	1,272	778.6	621.9	944.3	602.9
Free Cash Flow Per Share	2.02	2.23	1.36	1.08	1.65	1.05
Dividend Per Share	1.860	1.780	1.240	1.120	1.400	0.870
Dividend Growth	40.91%	43.55%	10.71%	-20.00%	60.92%	12.99%
Gross Margin	45.47%	45.66%	46.07%	46.20%	45.47%	47.16%
Operating Margin	20.46%	20.81%	20.82%	20.25%	20.22%	19.82%
Profit Margin	15.54%	15.72%	15.57%	15.39%	15.21%	14.83%
Free Cash Flow Margin	15.63%	17.32%	11.15%	10.35%	16.72%	11.30%
Effective Tax Rate	23.98%	24.11%	24.52%	23.41%	24.15%	24.22%
EBITDA	1,698	1,710	1,631	1,388	1,305	1,206
EBITDA Margin	22.90%	23.28%	23.36%	23.09%	23.10%	22.62%
Depreciation & Amortization	174.5	177.3	176.6	170.7	162.4	148.7
EBIT	1,524	1,533	1,454	1,218	1,142	1,058
EBIT Margin	20.55%	20.86%	20.83%	20.25%	20.23%	19.83%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).