Fastenal Historical Income Statement

FAST Stock  USD 83.08  0.72  0.87%   
Historical analysis of Fastenal income statement accounts such as Total Revenue of 7.7 B or Gross Profit of 3.3 B can show how well Fastenal Company performed in making a profits. Evaluating Fastenal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fastenal's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Fastenal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fastenal is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Fastenal Income Statement Analysis

Fastenal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fastenal shareholders. The income statement also shows Fastenal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Fastenal Income Statement Chart

At this time, Fastenal's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.9 B in 2024, despite the fact that Non Recurring is likely to grow to (1.2 M).

Total Revenue

Total revenue comprises all receipts Fastenal generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Fastenal Company minus its cost of goods sold. It is profit before Fastenal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fastenal. It is also known as Fastenal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Fastenal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fastenal Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Fastenal income statement and is an important metric when analyzing Fastenal profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Fastenal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fastenal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Fastenal's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.9 B in 2024, despite the fact that Non Recurring is likely to grow to (1.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.2B3.2B3.3B
Total Revenue6.0B7.0B7.3B7.7B

Fastenal income statement Correlations

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0.910.810.80.820.790.790.810.820.790.78-0.730.820.490.8-0.490.84-0.62-0.42-0.17-0.78-0.930.73
0.960.810.991.01.01.01.01.00.991.0-0.670.990.850.99-0.190.89-0.82-0.560.18-0.45-0.790.85
0.950.80.990.990.990.990.990.981.00.99-0.640.980.881.0-0.110.88-0.85-0.620.14-0.48-0.760.8
0.970.821.00.991.01.01.01.00.991.0-0.680.990.840.99-0.20.89-0.82-0.560.17-0.47-0.790.85
0.950.791.00.991.01.01.00.990.991.0-0.660.990.860.99-0.170.88-0.82-0.550.22-0.41-0.770.85
0.950.791.00.991.01.01.00.990.991.0-0.660.990.860.99-0.170.88-0.82-0.550.22-0.41-0.770.85
0.960.811.00.991.01.01.01.00.991.0-0.670.990.850.99-0.190.89-0.83-0.550.19-0.44-0.780.86
0.960.821.00.981.00.990.991.00.970.99-0.691.00.820.98-0.250.89-0.79-0.510.2-0.43-0.80.88
0.950.790.991.00.990.990.990.990.970.99-0.610.970.891.0-0.070.86-0.85-0.650.12-0.47-0.750.77
0.950.781.00.991.01.01.01.00.990.99-0.650.990.870.99-0.170.88-0.82-0.550.23-0.4-0.770.85
-0.72-0.73-0.67-0.64-0.68-0.66-0.66-0.67-0.69-0.61-0.65-0.71-0.33-0.620.58-0.770.550.2-0.060.50.77-0.83
0.960.820.990.980.990.990.990.991.00.970.99-0.710.790.97-0.290.9-0.78-0.490.19-0.43-0.820.9
0.730.490.850.880.840.860.860.850.820.890.87-0.330.790.890.340.64-0.84-0.660.31-0.2-0.430.52
0.950.80.991.00.990.990.990.990.981.00.99-0.620.970.89-0.090.87-0.84-0.640.12-0.48-0.760.78
-0.32-0.49-0.19-0.11-0.2-0.17-0.17-0.19-0.25-0.07-0.170.58-0.290.34-0.09-0.39-0.06-0.380.10.310.58-0.57
0.910.840.890.880.890.880.880.890.890.860.88-0.770.90.640.87-0.39-0.76-0.420.14-0.56-0.80.87
-0.81-0.62-0.82-0.85-0.82-0.82-0.82-0.83-0.79-0.85-0.820.55-0.78-0.84-0.84-0.06-0.760.61-0.070.410.51-0.6
-0.56-0.42-0.56-0.62-0.56-0.55-0.55-0.55-0.51-0.65-0.550.2-0.49-0.66-0.64-0.38-0.420.610.290.480.27-0.21
0.0-0.170.180.140.170.220.220.190.20.120.23-0.060.190.310.120.10.14-0.070.290.510.050.31
-0.65-0.78-0.45-0.48-0.47-0.41-0.41-0.44-0.43-0.47-0.40.5-0.43-0.2-0.480.31-0.560.410.480.510.55-0.36
-0.83-0.93-0.79-0.76-0.79-0.77-0.77-0.78-0.8-0.75-0.770.77-0.82-0.43-0.760.58-0.80.510.270.050.55-0.78
0.850.730.850.80.850.850.850.860.880.770.85-0.830.90.520.78-0.570.87-0.6-0.210.31-0.36-0.78
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Fastenal Account Relationship Matchups

Fastenal income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization147.9M162.4M170.7M176.6M177.3M186.2M
Interest Expense12.6M13.9M9.7M14.3M10.8M11.3M
Total Revenue5.3B5.6B6.0B7.0B7.3B7.7B
Gross Profit2.5B2.6B2.8B3.2B3.2B3.3B
Other Operating Expenses4.3B4.5B4.8B5.5B5.8B6.1B
Operating Income1.1B1.1B1.2B1.5B1.5B1.6B
Ebit1.1B1.1B1.2B1.5B1.5B1.6B
Ebitda1.2B1.3B1.4B1.6B1.7B1.8B
Cost Of Revenue2.8B3.1B3.2B3.8B4.2B4.4B
Total Operating Expenses1.5B1.4B1.6B1.8B1.8B1.9B
Income Before Tax1.0B1.1B1.2B1.4B1.5B1.6B
Total Other Income Expense Net(13.5M)(9.1M)(9.6M)(13.6M)(6.7M)(6.4M)
Net Income790.9M859.1M925M1.1B1.2B1.2B
Income Tax Expense252.8M273.6M282.8M353.1M367M385.4M
Selling General Administrative1.5B1.4B1.6B1.8B1.8B1.9B
Net Income Applicable To Common Shares790.9M859.1M925M1.1B1.2B1.3B
Net Income From Continuing Ops790.9M859.1M925M1.1B1.1B683.0M
Non Recurring(1M)(500K)(1.2M)(1.4M)(1.3M)(1.2M)
Tax Provision252.8M273.6M282.8M353.1M361.8M324.3M
Net Interest Income(13.5M)(9.1M)(9.6M)(13.6M)(11.8M)(12.4M)
Reconciled Depreciation148.7M162.4M170.7M176.6M178.8M173.3M

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Additional Tools for Fastenal Stock Analysis

When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.