- US-listed companies
- FASTENAL CO
FASTENAL COFAST
Market cap
$40.8B
P/E ratio
35.4x
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Net earnings | 265 | 358 | 421 | 449 | 494 | 516 | 499 | 579 | 752 | 791 | 859 | 925 | 1,087 | 1,155 |
| Depreciation | 41 | 44 | 53 | 64 | 72 | 86 | 104 | 124 | 134 | 145 | 153 | 160 | 166 | 167 |
| (Gain) loss on sale of property and equipment | -0 | -0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | -1 | 4 |
| Bad debt expense (recoveries) | 9 | 9 | 10 | 9 | 11 | 9 | 9 | 8 | 8 | 6 | 8 | 3 | -2 | 2 |
| Deferred income taxes | 2 | 16 | 15 | 8 | 2 | 8 | 26 | -30 | 34 | 15 | 3 | -14 | -5 | -11 |
| Stock-based compensation | 4 | 4 | 5 | 5 | 7 | 6 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 7 |
| Amortization of intangible assets | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 4 | 4 | 4 | 9 | 11 | 11 | 11 |
| Trade accounts receivable | 65 | 78 | 43 | 52 | 63 | 21 | 40 | 104 | 120 | 30 | 30 | 135 | 120 | 72 |
| Inventories | 49 | 89 | 69 | 69 | 88 | 48 | 81 | 76 | 193 | 84 | -36 | 190 | 198 | -189 |
| Other current assets | - | - | 8 | 11 | 8 | 16 | -29 | 16 | 29 | 10 | -17 | 48 | -23 | 6 |
| Accounts payable | 7 | 13 | 4 | 13 | 13 | 21 | -17 | 36 | 46 | -1 | 14 | 26 | 22 | 8 |
| Accrued expenses | 30 | 16 | 14 | 22 | 25 | 11 | -29 | 38 | 47 | 11 | 21 | 26 | -57 | -1 |
| Income taxes | 17 | -3 | 1 | -15 | 34 | -27 | 16 | 19 | -15 | -8 | 10 | -2 | 0 | -9 |
| Other | 4 | 3 | - | - | - | -5 | -1 | 1 | -3 | -1 | 3 | -3 | -6 | 3 |
| Net cash provided by operating activities | 240 | 268 | 396 | 416 | 499 | 547 | 514 | 585 | 674 | 843 | 1,102 | 770 | 941 | 1,433 |
| Purchases of property and equipment | 74 | 120 | 138 | 207 | 189 | 155 | 189 | 120 | 176 | 246 | 168 | 157 | 174 | 173 |
| Proceeds from sale of property and equipment | 4 | 4 | 5 | 5 | 6 | 10 | 7 | 7 | 10 | 7 | 11 | 8 | 11 | 12 |
| Cash paid for acquisition | - | - | - | - | 6 | 23 | - | 59 | 4 | - | 125 | - | - | - |
| Other | - | - | 0 | 0 | 0 | 12 | 5 | 8 | 3 | -0 | -1 | 0 | 1 | 1 |
| Other | - | - | 0 | 0 | 0 | 12 | 5 | 8 | 3 | -0 | -1 | 0 | 1 | 1 |
| Net cash used in investing activities | -80 | -112 | -107 | -202 | -189 | -181 | -188 | -179 | -174 | -240 | -282 | -148 | -163 | -161 |
| Net cash used in investing activities | -80 | -112 | -107 | -202 | -189 | -181 | -188 | -179 | -174 | -240 | -282 | -148 | -163 | -161 |
| Proceeds from debt obligations | - | - | - | - | - | - | 950 | 1,015 | 980 | 910 | 1,000 | 525 | 1,795 | 880 |
| Payments against debt obligations | - | - | - | - | - | - | 920 | 980 | 895 | 1,065 | 940 | 540 | 1,630 | 1,175 |
| Proceeds from Stock Options Exercised | - | 9 | 30 | 9 | 8 | 19 | 29 | 10 | 13 | 59 | 41 | 32 | 9 | 30 |
| Purchases of common stock | - | - | - | 9 | 53 | 293 | 59 | 83 | 103 | - | 52 | - | 238 | - |
| Cash dividends paid | 183 | 192 | 367 | 237 | 297 | 327 | 347 | 369 | 442 | 499 | 803 | 644 | 711 | 1,017 |
| Net cash used in financing activities | -183 | -182 | -328 | -234 | -250 | -338 | -341 | -407 | -446 | -595 | -754 | -627 | -775 | -1,282 |
| Effect of exchange rate changes on cash and cash equivalents | - | - | - | - | - | - | - | - | - | - | - | - | -9 | 1 |
| Net decrease in cash and cash equivalents | - | - | - | - | - | - | - | - | - | - | 71 | -9 | -6 | -9 |
| Cash paid for interest | - | - | - | - | - | - | - | - | 13 | 14 | 8 | 10 | 13 | 12 |
| Income Taxes Paid, Net | - | - | - | - | - | 327 | 248 | 304 | 215 | 243 | 260 | 294 | 354 | 383 |