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Fastenal Company (FAST)
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Fastenal Company (FAST) Enterprise Value (EV): $46.22B

The enterprise value (EV) for Fastenal Company (FAST) is $46.22B as of Tuesday, June 9, 2026.

FAST Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$46.22B

FAST Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Fastenal Company (FAST)$46.22B
AMETEK, Inc. (AME)$52.67B$49.14B
Old Dominion Freight Line, Inc. (ODFL)$51.73B$32.93B
Rockwell Automation, Inc. (ROK)$51.24B$42.57B
Rocket Lab USA, Inc. (RKLB)$62.65B$36.44B
PACCAR Inc (PCAR)$62.99B$48.35B
Axon Enterprise, Inc. (AXON)$36.47B$46.37B
Paychex, Inc. (PAYX)$35.93B$60.27B
Illinois Tool Works Inc. (ITW)$73.81B$80.11B
Dover Corporation (DOV)$29.76B$28.90B

Enterprise Value Calculation

Market Cap

$53.48B

+

Total Debt

$125.00M

Cash

$276.80M

=

Enterprise Value

$46.22B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Fastenal Company Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fastenal Company Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Fastenal Company (FAST)?
The enterprise value (EV) for FAST stock is $46.22B.

About Fastenal Company

Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.

Winona, MN
21,339 employees
Industrials / Industrial - Distribution
Sector
Industrials
Industry
Industrial - Distribution
CEO
Daniel L. Florness