Fastenal CoFRA:FAS -0.87%99 Debt-to-EBITDA is 0.23 as of Mar. 2026, which is 48% below its 10-year median of 0.44. GuruFocus rates FRA:FAS with a GF Score™ of 99/100 and a GF Value™ of €37.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 139 Industrial Distribution companies, Fastenal Co ranks better than 89.21% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Fastenal Co's Debt-to-EBITDA or its related term are showing as below:
FRA:FAS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24 Med: 0.44 Max: 0.5
Current: 0.24
During the past 13 years, the highest Debt-to-EBITDA Ratio of Fastenal Co was 0.50. The lowest was 0.24. And the median was 0.44.
FRA:FAS's Debt-to-EBITDA is ranked better than 89.21% of 139
companies
in the Industrial Distribution industry
Industry Median: 2.41
vs FRA:FAS: 0.24
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Fastenal Co Debt-to-EBITDA Related Terms
Fastenal Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Fastenal Co's Debt-to-EBITDA 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.
FRA:FAS vs FERG, GWW, WCC: Debt-to-EBITDA Comparison
For the Industrial Distribution subindustry, Fastenal Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fastenal Co Debt-to-EBITDA vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Fastenal Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fastenal Co's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Fastenal Co (FRA:FAS) has a Debt-to-EBITDA of 0.23 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fastenal Co. This is 48% below median its historical median of 0.44. Over the past decade, Fastenal Co's Debt-to-EBITDA has ranged from 0.24 to 0.50. According to the industry distribution chart, Fastenal Co ranks #15 out of 139 companies in the Industrial Distribution industry, placing it in the top 10.8%.
Is Fastenal Co's Debt-to-EBITDA too high?
Fastenal Co's current Debt-to-EBITDA of 0.23 is 48% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.50. The Industrial Distribution industry median Debt-to-EBITDA is 2.41. Fastenal Co's value of 0.23 is 90.5% below this industry median. Based on the distribution chart, Fastenal Co ranks #15 out of 139 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Fastenal Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's Debt-to-EBITDA compare to FERG and GWW?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #15 out of 139 companies for Debt-to-EBITDA. This places Fastenal Co in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.41. Fastenal Co's value of 0.23 is 90.5% below this benchmark. Historically, Fastenal Co's own Debt-to-EBITDA has ranged from 0.24 to 0.50 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 2.41, Fastenal Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Distribution company?
The median Debt-to-EBITDA among Industrial Distribution companies is 2.41, based on 139 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current Debt-to-EBITDA of 0.23 is 90.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fastenal Co. For the Industrial Distribution industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current Debt-to-EBITDA is 0.23, which is 48% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastenal Co stock overvalued right now?
Based on GuruFocus' analysis, Fastenal Co (FRA:FAS) is currently considered Fairly Valued. The stock's GF Value™ is €37.68, compared to a current price of €40.31 — trading 7% above its estimated fair value. The current Debt-to-EBITDA is 0.23, which is 48% below median its 10-year median of 0.44 and 90.5% below the Industrial Distribution industry median of 2.41. Fastenal Co's overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Fastenal Co (FRA:FAS), the current Debt-to-EBITDA is 0.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fastenal Co (FRA:FAS) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of €40.31 is trading 7% above its estimated GF Value™ of €37.68.
GuruFocus considers Fastenal Co to be Fairly Valued.
Key valuation signals for FRA:FAS:
Debt-to-EBITDA: 0.23 (48% below median its 10-year median of 0.44)
GF Value™: €37.68 vs. price of €40.31 (7% above fair value)
Industry Position: 90.5% below the Industrial Distribution median (#15 of 139)
No single metric tells the full story. See the FRA:FAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.
99GF Score
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