FAST Fastenal PE ratio, current and historical analysis
The current P/E ratio for Fastenal stock as of Nov 21, 2024 is 40.98. This is calculated based on the TTM EPS of $2.01 and the stock price of $82.36 per share. The PE ratio has increased by 20% from its last 4 quarters average of 34.3.
FAST PE ratio history
The average historical PE ratio of Fastenal for the last ten years is 27.65. The current price-to-earnings ratio of 40.98 is 48% more than the historical average. Analyzing the last ten years, FAST's PE ratio reached its highest point in the Dec 2021 quarter at 39.79, when the price was $64.06 and the EPS was $1.61. The lowest point was recorded in the Dec 2018 quarter, when it reached 19.96 with a price of $26.15 and an EPS of $1.31.
Fastenal PE ratio by year
Maximum annual increase: 34.17% in 2019
Maximum annual decrease: -37.07% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.06 | 28.04% |
| 2022 | 25.04 | -37.07% |
| 2021 | 39.79 | 22.24% |
| 2020 | 32.55 | 21.55% |
| 2019 | 26.78 | 34.17% |
| 2018 | 19.96 | -27.02% |
| 2017 | 27.35 | 1.3% |
| 2016 | 27 | 17.75% |
| 2015 | 22.93 | -19% |
| 2014 | 28.31 | -9.44% |
FAST average PE ratio chart
The current PE ratio of FAST is above its 3, 5 and 10-year averages.
FAST PE vs peers
When compared to its peer stocks GWW and WCC, FAST's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WCC Wesco International Inc | 16.49 | $10.28B |
| MSM Msc Industrial Direct Co Inc | 18.46 | $4.75B |
| GWW Ww Grainger Inc | 32.51 | $58.63B |
| FAST Fastenal Co | 41.32 | $47.58B |
Frequently asked questions
What is Fastenal's PE ratio?
The price to earnings ratio for FAST stock as of Nov 21, 2024, stands at 40.98.
What is the 3-year average PE ratio for Fastenal (FAST)?
As an average over the last 3 years, FAST stock has a PE ratio of 31.18.
What is the 5-year average PE ratio for Fastenal (FAST)?
As an average over the last 5 years, FAST stock has a PE ratio of 30.84.
What is the highest PE ratio for FAST?
The current PE of 40.98 represents the highest historical value in the last ten years.
How does the current PE ratio for FAST compare to its historical average?
The current PE ratio of FAST is 48% higher than the 10-year historical average.
How is FAST's PE ratio calculated (Fastenal PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Fastenal's share price is $82.36. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.01. Therefore, Fastenal's price to earnings ratio for today is 40.98. PE RATIO(40.98) = STOCK PRICE($82.36) / TTM EPS($2.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.