Fastenal (FAST)

• Market cap: $51.8B
• 1 day: -1.85%
• 5 days: -2.55%
• 1 month: -1.96%
• 3 months: 6.47%
• 6 months: -4.53%
• Year to date: 11.47%
• 1 year: 18.48%
• 5 years: 89.81%
• 10 years: 267.7%
• Sector: Industrials
• Industry: Industrial Distribution

About: Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.

Employees: 24,489