Fastenal Company (FAST) Tax Rate: 23.96%
Is Fastenal Company’s tax rate high or low?
Fastenal Company's tax rate of 23.96% is in line with its 5-year average of 23.98%, around the middle of its 5-year range (23.41%–24.52%).
0.52% above its 12-month average of 23.84%.
FAST Tax Rate Chart
FAST Average Tax Rate Chart
FAST Current vs Average Tax Rate Chart
FAST Tax Rate Metrics
TAX RATE
23.96%
TAX RATE AVG TTM
23.84%
TAX RATE AVG 3Y
24.08%
TAX RATE AVG 5Y
23.98%
TAX RATE AVG 10Y
27.26%
TAX RATE AVG 15Y
30.50%
TAX RATE AVG 20Y
32.31%
CURRENT VS TTM AVG
+0.52%
CURRENT VS 3Y AVG
-0.48%
CURRENT VS 5Y AVG
-0.07%
CURRENT VS 10Y AVG
-12.11%
CURRENT VS 15Y AVG
-21.44%
CURRENT VS 20Y AVG
-25.84%
Fastenal Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Fastenal Company Tax Rate FAQ
- What is the tax rate for Fastenal Company (FAST)?
- The tax rate for FAST stock is 23.96%.
- Is Fastenal Company's tax rate high or low?
- Fastenal Company's tax rate of 23.96% is in line with its 5-year average of 23.98%, around the middle of its 5-year range (23.41%–24.52%).
- What is the TTM average tax rate for Fastenal Company (FAST)?
- The TTM average tax rate for FAST stock is 23.84%.
- What is the 3Y average tax rate for Fastenal Company (FAST)?
- The 3Y average tax rate for FAST stock is 24.08%.
- What is the 5Y average tax rate for Fastenal Company (FAST)?
- The 5Y average tax rate for FAST stock is 23.98%.
- What is the 10Y average tax rate for Fastenal Company (FAST)?
- The 10Y average tax rate for FAST stock is 27.26%.
- What is the 15Y average tax rate for Fastenal Company (FAST)?
- The 15Y average tax rate for FAST stock is 30.50%.
- What is the 20Y average tax rate for Fastenal Company (FAST)?
- The 20Y average tax rate for FAST stock is 32.31%.
Fastenal Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 23.96% |
| 2024-12-31 | 23.71% |
| 2023-12-31 | 24.11% |
| 2022-12-31 | 24.52% |
| 2021-12-31 | 23.41% |
| 2020-12-31 | 24.15% |
| 2019-12-31 | 24.22% |
| 2018-12-31 | 23.82% |
| 2017-12-31 | 33.73% |
| 2016-12-31 | 36.76% |
| 2015-12-31 | 37.49% |
| 2014-12-31 | 37.25% |
| 2013-12-31 | 37.12% |
| 2012-12-31 | 37.62% |
| 2011-12-31 | 37.76% |
| 2010-12-31 | 38.38% |
| 2009-12-31 | 38.03% |
| 2008-12-31 | 38.00% |
| 2007-12-31 | 38.44% |
| 2006-12-31 | 38.00% |
| 2005-12-31 | 38.00% |
| 2004-12-31 | 37.13% |
| 2003-12-31 | 38.30% |
| 2002-12-31 | 38.27% |
| 2001-12-31 | 38.30% |
| 2000-12-31 | 38.58% |
| 1999-12-31 | 38.50% |
| 1998-12-31 | 38.52% |
| 1997-12-31 | 39.38% |
| 1996-12-31 | 40.26% |
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