Is Fastenal Company (FAST) overvalued? · P/E 43, rev $7.55B
Fastenal Company (FAST) is a industrial distribution company listed on US.
This page asks whether Fastenal Company (FAST) looks expensive on cached numbers — not a short thesis.
Latest reported FAST revenue for 2024-12-31 was $7.55B. Net income was $1.15B. Revenue was up 2.7% from 2023-12-31 to 2024-12-31. FAST currently screens at market cap $49.48B and trailing P/E 43.1.
FAST currently screens at market cap $49.48B and trailing P/E 43.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FAST 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FAST stock page for the full model, not this heading.
Not investment advice.