FAST (Fastenal Co) Research & Development: $0 Mil (TTM As of Mar. 2026)


FAST Fastenal Co FAST
99 GF Score
Price $46.26
GF Value $43.20
Valuation Fairly Valued
! 2 Warning Signs
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What is Fastenal Co Research & Development?

Fastenal Co FAST +1.43% 99 Research & Development is $0 Mil as of Mar. 2026. GuruFocus rates FAST with a GF Score™ of 99/100 and a GF Value™ of $43.20 (Fairly Valued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Fastenal Co's Research & Development for the three months ended in Mar. 2026 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.


Fastenal Co  (NAS:FAST) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Fastenal Co Research & Development Related Terms


Fastenal Co Research & Development Historical Data

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The historical data trend for Fastenal Co's Research & Development 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 Research & Development Chart

Fastenal Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Fastenal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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FAST
99GF Score
Fastenal Co FAST
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Fastenal Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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 Research & Development →
What does a Research & Development of $0 Mil mean?
Fastenal Co (FAST) has a Research & Development of $0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Fastenal Co and its competitors.
Is Fastenal Co's Research & Development too high?
Fastenal Co's current Research & Development is $0 Mil. 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 Research & Development compare to FERG and GWW?
Fastenal Co's Research & Development of $0 Mil 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 Research & Development for an Industrial Distribution company?
A good Research & Development depends on the Industrial Distribution industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Fastenal Co and its competitors. Fastenal Co's current Research & Development is $0 Mil. 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 $43.20, compared to a current price of $46.26 — trading 7.1% above its estimated fair value. The current Research & Development is $0 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Fastenal Co (FAST), the current Research & Development is $0 Mil 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 $43.20. GuruFocus considers Fastenal Co to be Fairly Valued.

Key valuation signals for FAST:

  • Research & Development: $0 Mil
  • GF Value™: $43.20 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

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.
99GF Score

Get the complete analysis for FAST

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.26
Price
$43.20
GF Value