Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 40.51.
Forward PE Ratio (40.51) = Close Price ($51.26) / Consensus Forward EPS ($1.27)
FORWARD PE RATIO
40.51
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+67.50%
vs the sector median at left
Fastenal Company
Market Cap
$58.82B
Forward PE Ratio
40.51
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Fastenal Company (FAST) | $58.82B | 40.51 |
| Bloom Energy Corporation (BE)vs › | $59.33B | 75.81 |
| Comfort Systems USA, Inc. (FIX)vs › | $58.27B | 33.78 |
| W.W. Grainger, Inc. (GWW)vs › | $61.95B | 28.23 |
| AMETEK, Inc. (AME)vs › | $54.91B | 28.82 |
| Delta Air Lines, Inc. (DAL)vs › | $54.19B | 12.51 |
| Honeywell Aerospace Inc (HONA)vs › | $52.21B | 20.34 |
| Axon Enterprise, Inc. (AXON)vs › | $50.60B | 81.49 |
| TransDigm Group Incorporated (TDG)vs › | $67.14B | 29.23 |
| HEICO Corporation (HEI-A)vs › | $50.27B | 42.71 |
Trailing P/E
43.4
reported TTM EPS
Forward P/E
40.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.27 implies +7.6% EPS growth vs the reported trailing $1.18.
At today's $51.26 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.27 | $1.23 – $1.30 | 12 | 40.5x |
| 2027-12-31 | $1.40 | $1.36 – $1.46 | 12 | 36.6x |
| 2028-12-31 | $1.53 | $1.47 – $1.59 | 11 | 33.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
