FAST (Fastenal Co) LT-Debt-to-Total-Asset: 0.06 (As of Mar. 2026)

What is Fastenal Co LT-Debt-to-Total-Asset?

Fastenal Co FAST +1.43% 99 LT-Debt-to-Total-Asset is 0.06 as of Mar. 2026. GuruFocus rates FAST with a GF Score™ of 99/100 and a GF Value™ of $43.21 (Fairly Valued). The stock has 2 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Fastenal Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.06.

Fastenal Co's long-term debt to total assets ratio declined from Mar. 2025 (0.07) to Mar. 2026 (0.06). It may suggest that Fastenal Co is progressively becoming less dependent on debt to grow their business.

Fastenal Co (NAS:FAST) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Fastenal Co LT-Debt-to-Total-Asset Related Terms

Fastenal Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Fastenal Co's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Fastenal Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.11

0.09

0.07

0.06

Fastenal Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.06	0.06	0.06	0.06

99GF Score

Fastenal Co FAST

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Fastenal Co LT-Debt-to-Total-Asset Calculation

Fastenal Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	310.8	/	5052.9
	=	0.06

Fastenal Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	314.4	/	5209.8
	=	0.06

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.06 mean?

Fastenal Co (FAST) has a LT-Debt-to-Total-Asset of 0.06 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fastenal Co and its competitors.

Is Fastenal Co's LT-Debt-to-Total-Asset too high?

Fastenal Co's current LT-Debt-to-Total-Asset is 0.06. 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 LT-Debt-to-Total-Asset compare to FERG and GWW?

Fastenal Co's LT-Debt-to-Total-Asset of 0.06 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 LT-Debt-to-Total-Asset for an Industrial Distribution company?

A good LT-Debt-to-Total-Asset depends on the Industrial Distribution industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fastenal Co and its competitors. Fastenal Co's current LT-Debt-to-Total-Asset is 0.06. 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 Fairly Valued. The stock's GF Value™ is $43.21, compared to a current price of $46.26 — trading 7.1% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.06. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Fastenal Co (FAST), the current LT-Debt-to-Total-Asset is 0.06 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 $46.26 is trading 7.1% above its estimated GF Value™ of $43.21. GuruFocus considers Fastenal Co to be Fairly Valued.

Key valuation signals for FAST:

LT-Debt-to-Total-Asset: 0.06
GF Value™: $43.21 vs. price of $46.26 (7.1% above fair value)
GF Score™: 99/100 with 2 warning signs

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 Co Business Description

Industry Industrials Industrial Distribution

Comparable Companies FERG GWW WCC WSO QXO AIT CNM POOL MSM XMTR TSX:TIH LSE:DPLM TSX:FTT OSTO:ADDT B OSTO:INDT OSTO:BEIJ B ASX:REH SITE REZI LSE:RS1

Other Exchanges 0IKW:UK FAS:Germany FAST:Austria

Address 2001 Theurer Boulevard, Winona, MN, USA, 55987-1500

Website https://www.fastenal.com

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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$46.26

Price

$43.21

GF Value

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