Oct 14, 7:56 AM ET
Fastenal reported third-quarter 2026 results for the period ended September 30, 2026, with net sales of $2.46 billion, up 15.5% from a year earlier, and net income of $401.6 million, up 19.7%. The company attributed sales growth mainly to share gains with larger customers, pricing actions, and broad-based demand, and said operating margin rose to 21.5% from 20.7%, which supports shareholder returns.
- Net sales were $2,463.3 million in the third quarter of 2026, up 15.5% from $2,133.3 million in the third quarter of 2025.
- Diluted net income per share was $0.35, compared with $0.29 a year earlier.
- Operating margin was 21.5%, compared with 20.7% in the third quarter of 2025.
- The company returned $328.4 million to shareholders, or 81.8% of net income, through dividends and share repurchases.
Read the filing on SEC.gov ↗
Jul 14, 8:01 AM ET
Fastenal reported second-quarter 2026 results with net sales up 14.7% to $2.39 billion and net income up 15.9% to $383 million, or $0.33 per diluted share. Operating margin held at 21.0%, and operating cash flow fell 4.6% to $266 million as receivables grew, which the company attributed to strong sales growth late in the quarter.
- Net sales were $2.39 billion, up 14.7% from $2.08 billion in the second quarter of 2025, with daily sales up 14.7%.
- Net income was $383 million, up 15.9%, and diluted EPS was $0.33 versus $0.29 a year earlier.
- Operating cash flow was $266 million, down 4.6%, or 69.4% of net income versus 84.4% a year earlier.
- Shareholders received $305.1 million in dividends and share repurchases, or 79.7% of net income.
Read the filing on SEC.gov ↗
Jun 23, 4:05 PM ET
Fastenal entered into a Second Amended and Restated Credit Agreement with Wells Fargo as administrative agent on June 18, 2026, renewing its unsecured revolving credit commitment at $835 million and extending maturity to June 18, 2031. The company also amended its Master Note Agreement, reducing the maximum notes outstanding from $900 million to $600 million. Both deals replace the consolidated EBITDA covenant with interest coverage and leverage ratio covenants, which matters to shareholders because it changes the terms under which the company can borrow.
- Revolving credit commitment renewed at $835 million; accordion option increased from $365 million to up to $500 million, for a possible total of $1.335 billion
- Revolving credit maturity extended to June 18, 2031, with two one-year extension options
- Master Note Agreement maximum reduced from $900 million to $600 million; issuance period extended to June 18, 2031
- New covenants require minimum interest coverage of 3.00 to 1.00 and maximum total leverage of 3.00 to 1.00, stepping up to 3.50 to 1.00 after qualified acquisitions of at least $750 million
Read the filing on SEC.gov ↗
Jun 12, 4:05 PM ET
Fastenal's board elected Vishal Talwar, FedEx's Executive Vice President and Chief Digital and Information Officer, as an independent director on June 12, 2026, expanding the board from eleven to twelve members. He also joined the Nominating and Corporate Governance Committee and will receive pro rata director pay for the rest of the year.
- Talwar elected director effective June 12, 2026; board grows from eleven to twelve members
- Appointed to the Nominating and Corporate Governance Committee, effective the same date
- Currently EVP and Chief Digital and Information Officer at FedEx since August 15, 2025; previously at Accenture
- Pro rata annual retainer and equity award paid in cash, under the existing director compensation policy
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
