“`html
Fastenal Company (NASDAQ: FAST) reported Q1 2025 net sales of $1.96 billion, a 3.4% increase year-over-year, with May 2025 daily sales up 2.5% from the previous year. The company, known for its role in supplying industrial and construction staples, completed a stock split in May 2025 to enhance share liquidity, resulting in a 5% increase in share price since the split.
Fastenal plans to expand its “Onsite” locations by adding between 375 and 400 new sites in 2025, building on its existing network of over 1,950. The company also reported a strong financial position with a debt-to-equity ratio of 0.03, a current ratio of 4.67, and a dividend yield of 2.06%.
Profitability metrics reveal net margins of 15.25% and return on equity at 32.55%. Fastenal’s earnings per share for Q1 2025 was $0.26, aligning with analyst expectations, and the company maintains a commitment to increasing dividends, boasting a 26-year track record in this area.
“`
