Fastenal Co (FRA:FAS) EBIT: €1,475 Mil (TTM As of Mar. 2026)


FRA:FAS Fastenal Co FRA:FAS
97 GF Score
Price €40.09
GF Value €37.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Fastenal Co EBIT?

Fastenal Co FRA:FAS -0.15% 97 EBIT is €1,475 Mil as of Mar. 2026. GuruFocus rates FRA:FAS with a GF Score™ of 97/100 and a GF Value™ of €37.46 (Fairly Valued). The stock has 2 warning signs investors should review.

Fastenal Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €388 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,475 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fastenal Co's annualized ROC % for the quarter that ended in Mar. 2026 was 32.17%. Fastenal Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fastenal Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.15%.


Fastenal Co  (FRA:FAS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fastenal Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1548.696 * ( 1 - 24.22% )/( (3655.035 + 3640.093)/ 2 )
=1173.6018288/3647.564
=32.17 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4315.177 - 423.755 - ( 236.387 - max(0, 611.122 - 2965.173+236.387))
=3655.035

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4506.477 - 599.445 - ( 266.939 - max(0, 712.846 - 3131.127+266.939))
=3640.093

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Fastenal Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1553.884/( ( (1230.272 + max(2229.623, 0)) + (1256.499 + max(2264.743, 0)) )/ 2 )
=1553.884/( ( 3459.895 + 3521.242 )/ 2 )
=1553.884/3490.5685
=44.52 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1063.486 + 1492.792 + 172.508) - (423.755 + 0 + 75.408)
=2229.623

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1250.098 + 1464.012 + 150.078) - (599.445 + 0 + 0)
=2264.743

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fastenal Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1474.882/46793.145
=3.15 %

* 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 EBIT Related Terms


Fastenal Co EBIT Historical Data

* Premium members only.

The historical data trend for Fastenal Co's EBIT 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.

Fastenal Co EBIT Chart

Fastenal Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,077.49 1,372.86 1,405.58 1,447.21 1,418.67

Fastenal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 365.19 380.44 376.75 329.22 388.47

FRA:FAS vs FERG, GWW, WCC: EBIT Comparison

For the Industrial Distribution subindustry, Fastenal Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fastenal Co's EV-to-EBIT falls into.


FRA:FAS
97GF Score
Fastenal Co FRA:FAS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fastenal Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,475 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €1,475 Mil mean?
Fastenal Co (FRA:FAS) has a EBIT of €1,475 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fastenal Co.
Is Fastenal Co's EBIT too high?
Fastenal Co's current EBIT is €1,475 Mil. Overall, Fastenal Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's EBIT compare to FERG and GWW?
Fastenal Co's EBIT of €1,475 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Distribution company?
A good EBIT depends on the Industrial Distribution industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fastenal Co. Fastenal Co's current EBIT is €1,475 Mil. 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 €37.46, compared to a current price of €40.09 — trading 7% above its estimated fair value. The current EBIT is €1,475 Mil. Fastenal Co's overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Fastenal Co (FRA:FAS), the current EBIT is €1,475 Mil 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 €40.09 is trading 7% above its estimated GF Value™ of €37.46. GuruFocus considers Fastenal Co to be Fairly Valued.

Key valuation signals for FRA:FAS:

  • EBIT: €1,475 Mil
  • GF Value™: €37.46 vs. price of €40.09 (7% above fair value)
  • GF Score™: 97/100 with 2 warning signs

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 Co Business Description

Other Exchanges FAST:USA0IKW:UKFAST:Austria
Address 2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
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.
97GF Score

Get the complete analysis for FRA:FAS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.09
Price
€37.46
GF Value