Fastenal Co (FRA:FAS) Dividend Payout Ratio: 0.80 (As of Mar. 2026) — 18% Above Median


FRA:FAS Fastenal Co FRA:FAS
97 GF Score
Price €41.81
GF Value €37.47
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Fastenal Co Dividend Payout Ratio?

Fastenal Co FRA:FAS +4.29% 97 Dividend Payout Ratio is 0.80 as of Mar. 2026, which is 18% above its 10-year median of 0.68. GuruFocus rates FRA:FAS with a GF Score™ of 97/100 and a GF Value™ of €37.47 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 95 Industrial Distribution companies, Fastenal Co ranks worse than 86.32% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Fastenal Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fastenal Co is 0.79, which seems too high.

The historical rank and industry rank for Fastenal Co's Dividend Payout Ratio or its related term are showing as below:

FRA:FAS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.68   Max: 0.8
Current: 0.79

During the past 13 years, the highest Dividend Payout Ratio of Fastenal Co was 0.80. The lowest was 0.59. And the median was 0.68.

FRA:FAS's Dividend Payout Ratio is ranked worse than
86.32% of 95 companies
in the Industrial Distribution industry
Industry Median: 0.42 vs FRA:FAS: 0.79

As of today (2026-06-26), the Dividend Yield % of Fastenal Co is 1.89%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Fastenal Co was 3.08%. The lowest was 1.64%. And the median was 2.28%.

Fastenal Co's Dividends per Share for the months ended in Mar. 2026 was €0.21.

During the past 12 months, Fastenal Co's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fastenal Co was 135.10% per year. The lowest was 0.00% per year. And the median was 16.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Fastenal Co (FRA:FAS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Fastenal Co Dividend Payout Ratio Related Terms

Fastenal Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fastenal Co's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Fastenal Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.66 0.69 0.78 0.80

Fastenal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.83 0.76 0.76 0.85 0.80

FRA:FAS vs FERG, GWW, WCC: Dividend Payout Ratio Comparison

For the Industrial Distribution subindustry, Fastenal Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Dividend Payout Ratio falls into.


FRA:FAS
97GF Score
Fastenal Co FRA:FAS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastenal Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Fastenal Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.747/ 0.931
=0.80

Fastenal Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.208/ 0.259
=0.80

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.80 mean?
Fastenal Co (FRA:FAS) has a Dividend Payout Ratio of 0.80 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fastenal Co and its competitors. This is 18% above median its historical median of 0.68. Over the past decade, Fastenal Co's Dividend Payout Ratio has ranged from 0.59 to 0.80. According to the industry distribution chart, Fastenal Co ranks #82 out of 95 companies in the Industrial Distribution industry, placing it in the top 86.3%.
Is Fastenal Co's Dividend Payout Ratio too high?
Fastenal Co's current Dividend Payout Ratio of 0.80 is 18% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.80. The Industrial Distribution industry median Dividend Payout Ratio is 0.42. Fastenal Co's value of 0.80 is 90.5% above this industry median. Based on the distribution chart, Fastenal Co ranks #82 out of 95 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Fastenal Co has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's Dividend Payout Ratio compare to FERG and GWW?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #82 out of 95 companies for Dividend Payout Ratio. This places Fastenal Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Fastenal Co's value of 0.80 is 90.5% above this benchmark. Historically, Fastenal Co's own Dividend Payout Ratio has ranged from 0.59 to 0.80 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.42, 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 Dividend Payout Ratio for an Industrial Distribution company?
The median Dividend Payout Ratio among Industrial Distribution companies is 0.42, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current Dividend Payout Ratio of 0.80 is 90.5% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fastenal Co and its competitors. For the Industrial Distribution industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current Dividend Payout Ratio is 0.80, which is 18% above median its own 10-year median of 0.68. 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 Modestly Overvalued. The stock's GF Value™ is €37.47, compared to a current price of €41.81 — trading 11.6% above its estimated fair value. The current Dividend Payout Ratio is 0.80, which is 18% above median its 10-year median of 0.68 and 90.5% above the Industrial Distribution industry median of 0.42. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Fastenal Co (FRA:FAS), the current Dividend Payout Ratio is 0.80 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 €41.81 is trading 11.6% above its estimated GF Value™ of €37.47. GuruFocus considers Fastenal Co to be Modestly Overvalued.

Key valuation signals for FRA:FAS:

  • Dividend Payout Ratio: 0.80 (18% above median its 10-year median of 0.68)
  • GF Value™: €37.47 vs. price of €41.81 (11.6% above fair value)
  • GF Score™: 97/100 with 2 warning signs
  • Industry Position: 90.5% above the Industrial Distribution median (#82 of 95)

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

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

€41.81
Price
€37.47
GF Value