Fastenal Co logo

Fastenal Co

NEW
STU:FAS (USA)   Ordinary Shares
€ 35.65 -0.10 (-0.28%) Jul 1
42.65
P/B:
13.32
Market Cap:
€ 41.72B ($ 49.22B)
Enterprise V:
€ 41.94B ($ 49.49B)
Volume:
-
Avg Vol (2M):
217.00
Trade In:

Business Description

Description
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.