Fastenal CoWBO:FAST +2.17%93 Net Margin % is 15.43% as of Mar. 2026, which is 1% above its 10-year median of 15.23. GuruFocus rates WBO:FAST with a GF Score™ of 93/100 and a GF Value™ of €36.92 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 157 Industrial Distribution companies, Fastenal Co ranks better than 96.18% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Fastenal Co's Net Income for the
three
months ended in Mar. 2026 was €294 Mil. Fastenal Co's Revenue for the
three
months ended in Mar. 2026 was €1,904 Mil. Therefore, Fastenal Co's net margin for the quarter that ended in Mar. 2026 was 15.43%.
The historical rank and industry rank for Fastenal Co's Net Margin % or its related term are showing as below:
WBO:FAST'
s Net Margin % Range Over the Past 10 Years
Min: 12.6 Med: 15.23 Max: 15.72
Current: 15.39
WBO:FAST's Net Margin % is ranked better than 96.18% of 157
companies
in the Industrial Distribution industry
Industry Median: 3.09
vs WBO:FAST: 15.39
Fastenal Co (WBO:FAST) 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
Fastenal Co Net Margin % Historical Data
* Premium members only.
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.
WBO:FAST vs FERG, GWW, WCC: Net Margin % Comparison
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 Net Margin % vs 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.
* 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 (WBO:FAST) has a Net Margin % of 15.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Fastenal Co and its competitors. This is near median its historical median of 15.23. Over the past decade, Fastenal Co's Net Margin % has ranged from 12.60 to 15.72. According to the industry distribution chart, Fastenal Co ranks #6 out of 157 companies in the Industrial Distribution industry, placing it in the top 3.8%.
Is Fastenal Co's Net Margin % too high?
Fastenal Co's current Net Margin % of 15.43% is near median its 10-year median of 15.23. Over the past 10 years, this metric has ranged from a low of 12.60 to a high of 15.72. The Industrial Distribution industry median Net Margin % is 3.09. Fastenal Co's value of 15.43% is 399.4% above this industry median. Based on the distribution chart, Fastenal Co ranks #6 out of 157 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 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's Net Margin % compare to FERG and GWW?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #6 out of 157 companies for Net Margin %. This places Fastenal Co in the top 4% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.09. Fastenal Co's value of 15.43% is 399.4% above this benchmark. Historically, Fastenal Co's own Net Margin % has ranged from 12.60 to 15.72 over the past decade. While the company's 10-year median is 15.23 vs. the industry median of 3.09, Fastenal Co has consistently been above 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 Net Margin % for an Industrial Distribution company?
The median Net Margin % among Industrial Distribution companies is 3.09, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current Net Margin % of 15.43% is 399.4% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Fastenal Co and its competitors. For the Industrial Distribution industry, the median Net Margin % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current Net Margin % is 15.43%, which is near median its own 10-year median of 15.23. 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 (WBO:FAST) is currently considered Modestly Overvalued. The stock's GF Value™ is €36.92, compared to a current price of €41.19 — trading 11.6% above its estimated fair value. The current Net Margin % is 15.43%, which is near median its 10-year median of 15.23 and 399.4% above the Industrial Distribution industry median of 3.09. Fastenal Co's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Fastenal Co (WBO:FAST), the current Net Margin % is 15.43% 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 (WBO:FAST) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of €41.19 is trading 11.6% above its estimated GF Value™ of €36.92.
GuruFocus considers Fastenal Co to be Modestly Overvalued.
Key valuation signals for WBO:FAST:
Net Margin %: 15.43% (near median its 10-year median of 15.23)
GF Value™: €36.92 vs. price of €41.19 (11.6% above fair value)
Industry Position: 399.4% above the Industrial Distribution median (#6 of 157)
No single metric tells the full story. See the WBO: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.
93GF Score
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