Fastenal Company (FAST) Debt to Equity Ratio: 0.11
Is Fastenal Company’s debt to equity ratio high or low?
Fastenal Company's debt to equity ratio of 0.11 is 40% below its 5-year average of 0.18, near the low end of its 5-year range (0.11–0.25).
The debt to equity ratio for Fastenal Company (FAST) is 0.11 as of Wednesday, June 10, 2026. It is below its 12-month average by 8.33% (0.12).
FAST Debt to Equity Ratio Chart
FAST Average Debt to Equity Ratio Chart
FAST Current vs Average Debt to Equity Ratio Chart
FAST Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.11
DEBT TO EQUITY RATIO AVG TTM
0.12
DEBT TO EQUITY RATIO AVG 3Y
0.16
DEBT TO EQUITY RATIO AVG 5Y
0.18
DEBT TO EQUITY RATIO AVG 10Y
0.19
DEBT TO EQUITY RATIO AVG 15Y
0.14
DEBT TO EQUITY RATIO AVG 20Y
0.10
CURRENT VS TTM AVG
-8.33%
CURRENT VS 3Y AVG
-32.31%
CURRENT VS 5Y AVG
-40.00%
CURRENT VS 10Y AVG
-43.46%
CURRENT VS 15Y AVG
-19.63%
CURRENT VS 20Y AVG
+5.48%
FAST Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $52.90B | 0.11 | 0.12 | 0.16 | 0.18 |
| AMETEK, Inc. (AME) | $51.06B | 0.21 | 0.22 | 0.29 | 0.33 |
| Rockwell Automation, Inc. (ROK) | $49.11B | 1.00 | 1.08 | 1.16 | 1.46 |
| Old Dominion Freight Line, Inc. (ODFL) | $48.96B | 0.03 | 0.04 | 0.03 | 0.03 |
| PACCAR Inc (PCAR) | $60.21B | 0.00 | 0.46 | 0.68 | 0.79 |
| Comfort Systems USA, Inc. (FIX) | $60.53B | 0.32 | 0.25 | 0.27 | 0.37 |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | 0.15 | 0.68 | 0.48 | 0.42 |
| Westinghouse Air Brake Technologies Corporation (WAB) | $43.53B | 0.50 | 0.45 | 0.42 | 0.42 |
| Paychex, Inc. (PAYX) | $36.22B | 1.22 | 0.72 | 0.50 | 0.43 |
| Illinois Tool Works Inc. (ITW) | $72.19B | 2.78 | 2.61 | 2.64 | 2.56 |
Financial Health
Debt/Equity
0.11
Current Ratio
4.85
Fastenal Company Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Fastenal Company Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Fastenal Company (FAST)?
- The debt to equity ratio for FAST stock is 0.11.
- Is Fastenal Company's debt to equity ratio high or low?
- Fastenal Company's debt to equity ratio of 0.11 is 40% below its 5-year average of 0.18, near the low end of its 5-year range (0.11–0.25).
- What is the TTM average debt to equity ratio for Fastenal Company (FAST)?
- The TTM average debt to equity ratio for FAST stock is 0.12.
- What is the 3Y average debt to equity ratio for Fastenal Company (FAST)?
- The 3Y average debt to equity ratio for FAST stock is 0.16.
- What is the 5Y average debt to equity ratio for Fastenal Company (FAST)?
- The 5Y average debt to equity ratio for FAST stock is 0.18.
- What is the 10Y average debt to equity ratio for Fastenal Company (FAST)?
- The 10Y average debt to equity ratio for FAST stock is 0.19.
- What is the 15Y average debt to equity ratio for Fastenal Company (FAST)?
- The 15Y average debt to equity ratio for FAST stock is 0.14.
- What is the 20Y average debt to equity ratio for Fastenal Company (FAST)?
- The 20Y average debt to equity ratio for FAST stock is 0.10.
Fastenal Company Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.11 |
| 2024-12-31 | 0.13 |
| 2023-12-31 | 0.16 |
| 2022-12-31 | 0.25 |
| 2021-12-31 | 0.21 |
| 2020-12-31 | 0.24 |
| 2019-12-31 | 0.22 |
| 2018-12-31 | 0.22 |
| 2017-12-31 | 0.20 |
| 2016-12-31 | 0.20 |
| 2015-12-31 | 0.20 |
| 2014-12-31 | 0.05 |
| 2013-12-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2001-12-31 | 0.00 |
| 2000-12-31 | 0.00 |
| 1999-12-31 | 0.00 |
| 1998-12-31 | 0.02 |
| 1997-12-31 | 0.10 |
| 1996-12-31 | 0.07 |
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