Fastenal Company (FAST) Return on Invested Capital (ROIC): 28.17%
Is Fastenal Company’s return on invested capital (ROIC) high or low?
Fastenal Company's return on invested capital (ROIC) of 28.17% is in line with its 5-year average of 26.95%, near the high end of its 5-year range (24.75%–29.31%).
The return on invested capital (ROIC) for Fastenal Company (FAST) is 28.17% as of Wednesday, June 10, 2026. It is above its 12-month average by 1.15% (27.85%).
FAST Return on Invested Capital (ROIC) Chart
FAST Average Return on Invested Capital (ROIC) Chart
FAST Current vs Average Return on Invested Capital (ROIC) Chart
FAST Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
28.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
27.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
28.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
26.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
25.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
24.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
23.89%
CURRENT VS TTM AVG
+1.15%
CURRENT VS 3Y AVG
+0.54%
CURRENT VS 5Y AVG
+4.54%
CURRENT VS 10Y AVG
+11.07%
CURRENT VS 15Y AVG
+13.34%
CURRENT VS 20Y AVG
+17.94%
FAST Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $52.90B | 28.17% | 27.85% | 28.02% | 26.95% |
| AMETEK, Inc. (AME) | $51.06B | 11.04% | 11.09% | 10.84% | 10.34% |
| Rockwell Automation, Inc. (ROK) | $49.11B | 13.71% | 13.05% | 14.13% | 13.66% |
| Old Dominion Freight Line, Inc. (ODFL) | $48.96B | 19.91% | 21.74% | 25.01% | 23.46% |
| PACCAR Inc (PCAR) | $60.21B | 6.39% | 8.44% | 10.51% | 8.23% |
| Comfort Systems USA, Inc. (FIX) | $60.53B | 33.59% | 30.38% | 24.94% | 20.63% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | -10.09% | -16.12% | -18.18% | -20.49% |
| Westinghouse Air Brake Technologies Corporation (WAB) | $43.53B | 7.64% | 7.77% | 6.65% | 5.74% |
| Paychex, Inc. (PAYX) | $36.22B | 16.77% | 24.66% | 28.49% | 27.83% |
| Illinois Tool Works Inc. (ITW) | $72.19B | 24.49% | 25.84% | 24.99% | 22.94% |
Capital Efficiency
ROIC
28.2%
ROE
32.6%
Fastenal Company Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Fastenal Company Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Fastenal Company (FAST)?
- The return on invested capital (ROIC) for FAST stock is 28.17%.
- Is Fastenal Company's return on invested capital (ROIC) high or low?
- Fastenal Company's return on invested capital (ROIC) of 28.17% is in line with its 5-year average of 26.95%, near the high end of its 5-year range (24.75%–29.31%).
- What is the TTM average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The TTM average return on invested capital (ROIC) for FAST stock is 27.85%.
- What is the 3Y average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The 3Y average return on invested capital (ROIC) for FAST stock is 28.02%.
- What is the 5Y average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The 5Y average return on invested capital (ROIC) for FAST stock is 26.95%.
- What is the 10Y average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The 10Y average return on invested capital (ROIC) for FAST stock is 25.36%.
- What is the 15Y average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The 15Y average return on invested capital (ROIC) for FAST stock is 24.85%.
- What is the 20Y average return on invested capital (ROIC) for Fastenal Company (FAST)?
- The 20Y average return on invested capital (ROIC) for FAST stock is 23.89%.
Fastenal Company Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 28.17% |
| 2024-12-31 | 27.53% |
| 2023-12-31 | 29.31% |
| 2022-12-31 | 27.07% |
| 2021-12-31 | 24.75% |
| 2020-12-31 | 24.85% |
| 2019-12-31 | 23.87% |
| 2018-12-31 | 26.37% |
| 2017-12-31 | 22.80% |
| 2016-12-31 | 20.94% |
| 2015-12-31 | 23.32% |
| 2014-12-31 | 23.83% |
| 2013-12-31 | 24.41% |
| 2012-12-31 | 26.28% |
| 2011-12-31 | 23.89% |
| 2010-12-31 | 20.27% |
| 2009-12-31 | 15.18% |
| 2008-12-31 | 24.14% |
| 2007-12-31 | 22.59% |
| 2006-12-31 | 21.22% |
| 2005-12-31 | 20.80% |
| 2004-12-31 | 18.63% |
| 2003-12-31 | 14.12% |
| 2002-12-31 | 14.38% |
| 2001-12-31 | 15.86% |
| 2000-12-31 | 21.75% |
| 1999-12-31 | 22.82% |
| 1998-12-31 | 23.85% |
| 1997-12-31 | 22.17% |
| 1996-12-31 | 23.61% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Industrial - Distribution
- CEO
- Daniel L. Florness