Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Fastenal Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $3 Mil. Fastenal Co's average total debt for the quarter that ended in Mar. 2026 was $444 Mil. Therefore, Fastenal Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 0.72%.
Fastenal Co (NAS:FAST) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Fastenal Co Effective Interest Rate on Debt % Related Terms
Fastenal Co Effective Interest Rate on Debt % Historical Data
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The historical data trend for Fastenal Co's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart
FAST vs FERG, GWW, WCC: Effective Interest Rate on Debt % Comparison
For the Industrial Distribution subindustry, Fastenal Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Fastenal Co's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Fastenal Co's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
What does a Effective Interest Rate on Debt % of 0.72% mean?
Fastenal Co (FAST) has a Effective Interest Rate on Debt % of 0.72% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Fastenal Co and its competitors.
Is Fastenal Co's Effective Interest Rate on Debt % too high?
Fastenal Co's current Effective Interest Rate on Debt % is 0.72%. Overall, Fastenal Co has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's Effective Interest Rate on Debt % compare to FERG and GWW?
Fastenal Co's Effective Interest Rate on Debt % of 0.72% 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 Effective Interest Rate on Debt % for an Industrial Distribution company?
A good Effective Interest Rate on Debt % depends on the Industrial Distribution industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Fastenal Co and its competitors. Fastenal Co's current Effective Interest Rate on Debt % is 0.72%. 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 (FAST) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.22, compared to a current price of $48.03 — trading 11.1% above its estimated fair value. The current Effective Interest Rate on Debt % is 0.72%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Fastenal Co (FAST), the current Effective Interest Rate on Debt % is 0.72% 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 (FAST) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of $48.03 is trading 11.1% above its estimated GF Value™ of $43.22.
GuruFocus considers Fastenal Co to be Modestly Overvalued.
Key valuation signals for FAST:
Effective Interest Rate on Debt %: 0.72%
GF Value™: $43.22 vs. price of $48.03 (11.1% above fair value)
No single metric tells the full story. See the FAST 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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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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