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

Fastenal Co (FRA:FAS) Net Margin % : 15.61% (As of Sep. 2024)


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

What is Fastenal Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fastenal Co's Net Income for the three months ended in Sep. 2024 was €269 Mil. Fastenal Co's Revenue for the three months ended in Sep. 2024 was €1,721 Mil. Therefore, Fastenal Co's net margin for the quarter that ended in Sep. 2024 was 15.61%.

The historical rank and industry rank for Fastenal Co's Net Margin % or its related term are showing as below:

FRA:FAS' s Net Margin % Range Over the Past 10 Years
Min: 12.6   Med: 14.99   Max: 15.72
Current: 15.44


FRA:FAS's Net Margin % is ranked better than
96.75% of 154 companies
in the Industrial Distribution industry
Industry Median: 3.175 vs FRA:FAS: 15.44

Fastenal Co Net Margin % Historical Data

The historical data trend for Fastenal Co's Net Margin % 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 Net Margin % Chart

Fastenal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.83 15.21 15.39 15.57 15.72

Fastenal Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 16.01 15.15 15.71 15.28 15.61

Competitive Comparison of Fastenal Co's Net Margin %

For the Industrial Distribution subindustry, Fastenal Co's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Net Margin % falls into.



Fastenal Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fastenal Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1059.135/6736.924
=15.72 %

Fastenal Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=268.588/1721.09
=15.61 %

* 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  (FRA:FAS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Fastenal Co Net Margin % Related Terms

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


Fastenal Co Business Description

Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, it 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 1,800 on-site locations, and 15 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.