Fastenal (FAST)

• Market cap: $54.7B
• 1 day: 2.25%
• 5 days: 0%
• 1 month: -0.67%
• 3 months: 6.19%
• 6 months: 6.5%
• Year to date: 17.98%
• 1 year: 3.43%
• 5 years: 74.38%
• 10 years: 349.25%
• 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: 24,795