Fastenal Co
Fastenal Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 34.73% | 41.25% | 87.54% | 34.33% | 26.23% | 27 pp |
| FY 2026 Q1 | Mar 31, 2026 | 34.81% | 40.36% | 98.84% | 33.84% | 25.78% | 27.1 pp |
| FY 2025 Q4 | Dec 31, 2025 | 34.25% | 39.67% | 46.21% | 33.29% | 25.81% | 26.5 pp |
| FY 2025 Q3 | Sep 30, 2025 | 33.43% | 39.04% | 28.19% | 32.74% | 24.89% | 25.7 pp |
| FY 2025 Q2 | Jun 30, 2025 | 32.72% | 38.67% | 11.25% | 32.57% | 24.72% | 25 pp |
| FY 2025 Q1 | Mar 31, 2025 | 32.72% | 37.93% | -2.62% | 32.35% | 24.49% | 25 pp |
| FY 2024 Q4 | Dec 31, 2024 | 33.16% | 38.66% | -4.64% | 33.04% | 25.12% | 25.5 pp |
| FY 2024 Q3 | Sep 30, 2024 | 33.14% | 38.33% | 10.78% | 32.7% | 24.74% | 25.4 pp |
| FY 2024 Q2 | Jun 30, 2024 | 33.14% | 39.28% | — | 33.51% | 25.1% | 25.4 pp |
| FY 2024 Q1 | Mar 31, 2024 | 34.01% | 40.1% | — | 34.56% | 25.41% | 26.3 pp |
| FY 2023 Q4 | Dec 31, 2023 | 33.74% | 40.44% | — | 35.47% | 25.63% | 26 pp |
| FY 2023 Q3 | Sep 30, 2023 | 33.07% | 38.89% | — | 34.23% | 24.59% | 25.4 pp |
| FY 2023 Q2 | Jun 30, 2023 | 32.77% | 39.56% | 185.57% | 34.25% | 24.5% | 25.1 pp |
| FY 2023 Q1 | Mar 31, 2023 | 33.52% | 40.05% | 83.68% | 34.69% | 24.6% | 25.8 pp |
| FY 2022 Q4 | Dec 31, 2022 | 32.83% | 39.42% | 56.42% | 35.03% | 24.57% | 25.1 pp |
| FY 2022 Q3 | Sep 30, 2022 | 32.94% | 38.5% | 45.37% | 35.02% | 24.24% | 25.2 pp |
| FY 2022 Q2 | Jun 30, 2022 | 32.46% | 37.49% | 34.66% | 34.04% | 23.55% | 24.8 pp |
| FY 2022 Q1 | Mar 31, 2022 | 32.34% | 36.31% | 28.22% | 33.19% | 23.04% | 24.6 pp |
| FY 2021 Q4 | Dec 31, 2021 | 30.63% | 34.94% | 21.86% | 32.03% | 22.39% | 22.9 pp |
| FY 2021 Q3 | Sep 30, 2021 | 29.72% | 33.43% | 40.09% | 30.42% | 21.36% | 22 pp |
| FY 2021 Q2 | Jun 30, 2021 | 29.42% | 33.07% | — | 30.65% | 21.04% | 21.7 pp |
| FY 2021 Q1 | Mar 31, 2021 | 30.1% | 34.01% | — | 31.86% | 21.65% | 22.4 pp |
| FY 2020 Q4 | Dec 31, 2020 | 30.24% | 34.56% | 114.21% | 31.83% | 22.13% | 22.5 pp |
| FY 2020 Q3 | Sep 30, 2020 | 29.28% | 33% | 47.66% | 30.77% | 21.25% | 21.6 pp |
| FY 2020 Q2 | Jun 30, 2020 | 28.94% | 33.16% | 41.81% | 31.54% | 21.26% | 21.2 pp |
| FY 2020 Q1 | Mar 31, 2020 | 28.6% | 33.08% | 10.51% | 31.64% | 21.07% | 20.9 pp |
| FY 2019 Q4 | Dec 31, 2019 | 29.29% | 34.44% | 19.95% | 31.84% | 22.21% | 21.6 pp |
| FY 2019 Q3 | Sep 30, 2019 | 29.25% | 34.84% | 18.2% | 31.87% | 22.29% | 21.5 pp |
| FY 2019 Q2 | Jun 30, 2019 | 29.02% | 34.71% | 27.75% | 32.35% | 22.32% | 21.3 pp |
| FY 2019 Q1 | Mar 31, 2019 | 30.42% | 35.85% | 60.01% | 33.78% | 23.1% | 22.7 pp |
| FY 2018 Q4 | Dec 31, 2018 | 30.26% | 36.71% | 73.53% | 34.18% | 24.13% | 22.6 pp |
| FY 2018 Q3 | Sep 30, 2018 | 30.31% | 36.44% | 81.49% | 33.88% | 24.13% | 22.6 pp |
| FY 2018 Q2 | Jun 30, 2018 | 28.48% | 35.78% | 81.95% | 32.29% | 22.88% | 20.8 pp |
| FY 2018 Q1 | Mar 31, 2018 | 26.89% | 35.84% | 50.07% | 29.79% | 21.28% | 19.2 pp |
| FY 2017 Q4 | Dec 31, 2017 | 25.38% | 35.61% | 43.88% | 28.71% | 20.74% | 17.7 pp |
| FY 2017 Q3 | Sep 30, 2017 | 24.05% | 34.85% | 36.65% | 27.49% | 19.21% | 16.4 pp |
| FY 2017 Q2 | Jun 30, 2017 | 23.71% | 34.83% | 11.4% | 27.2% | 18.91% | 16 pp |
| FY 2017 Q1 | Mar 31, 2017 | 24.05% | 34.66% | -3.43% | 26.68% | 18.69% | 16.3 pp |
| FY 2016 Q4 | Dec 31, 2016 | 23.7% | 34.96% | -8.51% | 26.75% | 19.21% | 16 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | 35.02% | — | 26.89% | 19.01% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 37.03% | — | 27.87% | 19.54% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 39.6% | — | 27.95% | 20.33% | — |
| FY 2015 Q4 | Dec 31, 2015 | 26.38% | 40.01% | 16.26% | 27.79% | 21.11% | 18.7 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | 40.99% | — | 28.38% | 21.48% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 41.41% | — | 28.62% | 21.82% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 42.82% | — | 27.84% | 22.22% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 41.24% | — | 26.8% | 22.28% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 40.13% | — | 26.02% | 21.43% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 39.65% | — | 25.8% | 21.56% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 40.31% | — | 26.24% | 21.97% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 41.34% | — | 26.92% | 23.06% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 40.72% | — | 26.25% | 22.52% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 41.25% | — | 26.5% | 22.79% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 42.05% | — | 27.01% | 22.85% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 43.34% | — | 27.86% | 24.03% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 41.86% | — | 26.64% | 22.92% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 42.14% | — | 26.85% | 23.12% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 41.97% | — | 26.75% | 22.68% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 41% | — | 26.11% | 22.7% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 39.71% | — | 25.01% | 21.51% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 38.16% | — | 24.02% | 20.76% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 37.09% | — | 23.27% | 19.96% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | 34.18% | — | 21.46% | 18.98% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 31.62% | — | 19.89% | 17.44% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 28.24% | — | 17.77% | 15.69% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · FAST, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.