About Fastenal
Fastenal is a publicly listed company based in Winona (United States) founded in 1967. It operates as an industrial tools and equipment are distributed online to various sectors. It operates in the Industrial Goods & Manufacturing and Retail sectors. The company has 23,700 employees. Fastenal has completed 3 acquisitions, including GoBolts, Manufacturers Supplies Company and Spensall. Its website fastenal.com draws about 672 thousand monthly visits. Its Indian entity Fastenal India Wholesale Private Limited reported revenue of ₹2.2 Lakh. Its focus areas include B2B E-Commerce, Industrial Goods, Diversified and E-Distributor. Its competitors include Grainger, Milwaukee Tool, CPO Outlets, Johnstone Supply and McMaster-Carr and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Fastenal was founded in 1967 in Winona, United States, and operates as an e-distributor in the industrial sector. A wide range of products, including fasteners, safety supplies, plumbing items, HVAC and refrigeration components, abrasives, material handling tools, and lifting equipment, is offered through its online catalog. Maintenance, repair, and operations solutions are provided to corporations, enterprises, and other consumers across the United States and beyond.
- Headquarters Winona, United States
- Employees 23,700
- Stage Public
- SectorsIndustrial Goods & ManufacturingRetail
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Website fastenal.com
- Social LinkedIn X Facebook
- Legal Name Fastenal Company
- Annual Revenue₹2.2 Lakh
FY 2023
- Net Loss-₹14.2 Lakh
FY 2023 · -652% margin
- EBITDA-₹13.7 Lakh
FY 2023 · -629% margin
- Employee Count23,700
- Investments & AcquisitionsGoBolts
& 2 more
Associated legal entities of Fastenal
Fastenal is associated with 2 registered companies on The Company Check; the primary company is Fastenal India Wholesale Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fastenal India Wholesale Private Limited CIN U29300KA2013FTC068696 | Active | 23 Apr 2013 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
| Fastenal India Sourcing It And Procurement Private Limited CIN U29100KA2013PTC067647 | Active | 24 Jan 2013 | Bangalore, Karnataka | ₹140 Cr | 361 | 3 | View details |
Board of directors of Fastenal India Wholesale Private Limited (Fastenal)
Fastenal India Wholesale Private Limited is the primary company behind Fastenal. The boards of the 2 registered companies of Fastenal currently have 3 directors; the longest-serving is Pramod Kumar, appointed in 2014. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pramod Kumar DIN 06933433 | Director | 16 Sep 2014 | 12 yrs 1 mo | Fastenal India Sourcing It And Procurement Private Limited, Fastenal India Wholesale Private Limited |
| John Lewis Soderberg DIN 07600351 | Director | 27 Sep 2016 | 10 yrs | Fastenal India Sourcing It And Procurement Private Limited, Fastenal India Wholesale Private Limited |
| Phillip Adrian Torfin DIN 08889259 | Director | 06 May 2020 | 6 yrs 5 mo | Fastenal India Sourcing It And Procurement Private Limited |
People of Fastenal
522 people are tracked at Fastenal (132 in leadership, 390 in team); the tracked headcount is 23,700.
| Name | Role | Group |
|---|---|---|
Avi Lala | General Manager | Leadership |
Roger Speight | Chief Inspector - UK | Leadership |
Mihalcea Alexandru | General Manager | Leadership |
Shan Kao | Director Of Asia Quality | Leadership |
Agnieszka Roman | General Manager | Leadership |
Mark Wilkerson | Director Of Sales | Leadership |
Justin Vela | Regional Vice President | Leadership |
Axel Vassal | General Manager | Leadership |
Derrick Monestime | General Manager | Leadership |
Robert Veres | General Manager | Leadership |
Nolan Schmidt | Vice President Of Supply Chain | Leadership |
Kurt Wilson | General Manager | Leadership |
Jeremy Bloch | General Manager | Leadership |
Matthew Stribling | Senior Director Of Sales | Leadership |
Derek Moskow | General Manager | Leadership |
Andy Gappa | Director Of Quality | Leadership |
Mike Rausch | Director Of Recruiting | Leadership |
Guy Miller | General Manager | Leadership |
Kendall Jackson | General Manager | Leadership |
Austin Owen | Global Director Of Ecommerce Sales | Leadership |
502 more people are available in the full profile.
Complete people profiles for Fastenal
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IPO & Listings of Fastenal
Fastenal is a publicly listed company on the NASDAQ with ticker symbol FAST in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Apr 1990
- Listed onNASDAQ: FAST
- Listed entityFastenal Company
- Exchange sectorDistribution services
- ISINUS3119001044
- Share price$51.43 (-0.12% on the day) · 2026-10-13
- Market capitalisation$59.02B
- Price to earnings43.8
- EPS (diluted, trailing year)$1.18
- Dividend yield1.87%
- Volume (last session)10,057,680
Financials of Fastenal
Figures of Fastenal India Wholesale Private Limited, the primary company behind Fastenal, for FY 2023. Revenue was ₹2.2 Lakh. Net loss was -₹14.2 Lakh (-652% margin). EBITDA was -₹13.7 Lakh (-629% margin). Revenue has grown at a compounded annual rate of -7% over five years.
- ₹2.2 LakhRevenue · FY 2023
- -₹14.2 LakhNet loss · -652% margin
- -₹13.7 LakhEBITDA · -629% margin
- ₹1.27 CrPaid-up capital
- -7%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $8.20B | $1.26B | $1.83B |
| 2024 | $7.55B | $1.15B | $1.69B |
| 2023 | $7.35B | $1.16B | $1.71B |
| 2022 | $6.98B | $1.09B | $1.63B |
| 2021 | $6.01B | $925.0M | $1.39B |
Balance sheet, profit and loss, cash flow and ratios of Fastenal India Wholesale Private Limited are on its company page.
Detailed financial statements for Fastenal
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Investments & Acquisitions by Fastenal
Fastenal has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include GoBolts, Manufacturers Supplies Company and Spensall.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Precision machined components are manufactured for various applications. | spensall.com | Leeds, United Kingdom | 1917 | Jun 2018 | •••• | |
Provider of precision cutting & converting technologies | mfgsup.com | St. Louis, United States | 1907 | Mar 2017 | •••• | |
Distributes fastener and industrial supply products | gotbolts.com | Spokane, United States | 1961 | Oct 2015 | •••• |
Complete acquisition details for Fastenal
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Timeline of Fastenal
5 dated milestones of Fastenal across 51 years, from founding to its latest funding, stage changes and deals.
- Founded Fastenal is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires GoBolts.
- Acquisition Acquires Manufacturers Supplies Company.
- Acquisition Acquires Spensall.
Competitors of Fastenal
Fastenal has 6 listed competitors in our database, 1 of them funded. They include Grainger, Milwaukee Tool, CPO Outlets, Johnstone Supply and McMaster-Carr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grainger.com | 1927 | Savannah, United States | – | 605 | Industrial tools and machines are distributed online by Grainger. | |
| milwaukeetool.com | 1924 | Brookfield, United States | – | 14,874 | Industrial tools are distributed online by Milwaukee Tool. | |
| cpooutlets.com | 2004 | Pasadena, United States | $2.93M | 90 | New and reconditioned home improvement tools are sold online. | |
| johnstonesupply.com | 1953 | Portland, United States | – | 137 | E-distribution platform offering products for industries | |
| mcmaster.com | 1901 | Elmhurst, United States | – | – | Industrial tools and supplies are distributed by McMaster-Carr. | |
| shearersupply.com | 1983 | Dallas, United States | – | 196 | HVAC equipment and supplies are wholesaled to B2B customers. |
Detailed competitors of Fastenal
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Web traffic of Fastenal
The website of Fastenal (fastenal.com) receives about 672K visits a month and ranks #64,846 among all websites worldwide, #388 in Construction and Maintenance.
- Monthly visits672K
▲ 11.9% vs previous month
- Unique visitors289.2K
per month
- Global rank#64,846
among all websites
- Category rank#388
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate41%
- Pages per visit5.6
- Average visit4 min 00 sec
- DevicesDesktop 66% · Mobile 34%
Websites whose visitors overlap most with Fastenal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grainger.com | 100% | 12.4M | #6,069 | View details | |
| boltdepot.com | 99% | – | #109,429 | View details | |
| mscdirect.com | 86% | 2.2M | #25,170 | View details | |
| mcmaster.com | 74% | 7.7M | #5,668 | View details | |
| atlanticfasteners.com | 64% | 2.2K | #7,663,283 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Fastenal
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Top companies in Manufacturing Tech Solutions
10 companies that operate in the same segment as Fastenal (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 1.12 B | USD 1.71 B | 975 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, Missouri, United States | USD 806.48 M | USD 4.38 B | 4,353 | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Related news about Fastenal
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Frequently Asked Questions about Fastenal
Fastenal was founded in 1967.
Fastenal is headquartered in Winona, United States. It is registered at Winona, Minnesota, United States.
Fastenal has 23,700 employees.
The primary company behind Fastenal, Fastenal India Wholesale Private Limited, reported revenue of ₹2.2 Lakh for FY 2023.
Fastenal was founded in 1967 in Winona, United States, and operates as an e-distributor in the industrial sector. A wide range of products, including fasteners, safety supplies, plumbing items, HVAC and refrigeration components, abrasives, material handling tools, and lifting equipment, is offered through its online catalog. Maintenance, repair, and operations solutions are provided to corporations, enterprises, and other consumers across the United States and beyond.
Fastenal's top competitors include Grainger, Johnstone Supply and Milwaukee Tool.
Yes, Fastenal is publicly traded on NASDAQ under the ticker symbol FAST.
Fastenal has made 3 acquisitions, including GoBolts, Manufacturers Supplies Company, and Spensall.
Fastenal is associated with 2 legal entities: Fastenal India Wholesale Private Limited, Fastenal India Sourcing It And Procurement Private Limited.
The legal entities of Fastenal currently have 3 directors, including Phillip Adrian Torfin, John Lewis Soderberg, Pramod Kumar.
The website of Fastenal receives about 672 thousand visits a month and ranks #64,846 among all websites worldwide.