Fastenal (FAST)

• Market cap: $51.6B
• 1 day: -0.04%
• 5 days: 0.6%
• 1 month: -3.69%
• 3 months: 0.25%
• 6 months: 9.43%
• Year to date: 11.05%
• 1 year: 11.27%
• 5 years: 69.47%
• 10 years: 281.89%
• 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: 24,675