GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (FRA:FAS) » Definitions » Tax Rate %

Fastenal Co (FRA:FAS) Tax Rate % : 23.63% (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Fastenal Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fastenal Co's Tax Expense for the three months ended in Mar. 2024 was €85 Mil. Fastenal Co's Pre-Tax Income for the three months ended in Mar. 2024 was €359 Mil. Therefore, Fastenal Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.63%.

Fastenal Co Tax Rate % Historical Data

The historical data trend for Fastenal Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fastenal Co Tax Rate % Chart

Fastenal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.22 24.15 23.41 24.52 24.11

Fastenal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.27 24.10 23.33 24.79 23.63

Fastenal Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fastenal Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=336.539/1395.674
=24.11 %

Fastenal Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=84.732/358.616
=23.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fastenal Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Fastenal Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fastenal Co (FRA:FAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (FRA:FAS) » Definitions » Tax Rate %
Comparable Companies
FERG GWW WSO POOL CNM WCC SITE AIT BECN MSM ASX:REH OSTO:INDT TSX:TIH LSE:DPLM OSTO:ADDT B XKRX:047050 WBO:ANDR TSX:FTT LSE:RS1 XSWX:DAE
Traded in Other Exchanges
FAST:USA FASL34:Brazil FAST:Austria
Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Website
https://www.fastenal.com
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.