All Brands Owned by Fastenal Company

What does Fastenal own?
Fastenal owns a comprehensive industrial distribution network including 1,595 branch locations across 25 countries, 19 distribution centers, 136,638 FMI devices (FASTStock, FASTBin, FASTVend), and technology platforms for inventory management and eBusiness. The company operates as a full-service industrial distributor serving manufacturing, construction, government, and commercial customers worldwide.

Is Fastenal publicly traded?
Yes, Fastenal is publicly traded on NASDAQ under ticker symbol FAST and is a component of the S&P 500 index. The company has been publicly traded since 1987. A two-for-one stock split took effect on May 21, 2025.

Who founded Fastenal?
Fastenal was founded in 1967 by Bob Kierlin in Winona, Minnesota. Kierlin's original concept was a vending machine for nuts and bolts, but he opened a retail store that grew into one of the largest industrial distributors in the world.

Where is Fastenal headquartered?
Fastenal is headquartered in Winona, Minnesota, USA, where it has been based since its founding. The company maintains 19 distribution centers: 15 in North America (12 in the U.S., 2 in Canada, 1 in Mexico), 2 in Asia, and 2 in Europe.

What is Fastenal's revenue?
For FY2025 (ended December 31, 2025), Fastenal reported record net sales of $8.20 billion (up 8.7% year on year), operating income of $1.66 billion (up 9.6%), and net income of $1.26 billion (up 9.4%). For Q2 2026, net sales rose 14.7% to $2.39 billion with net income of $382.8 million (up 15.9%).

What is FMI technology?
FMI (Fastenal Managed Inventory) is Fastenal's technology platform comprising FASTStock (scanned stocking locations), FASTBin (infrared, RFID, and scaled bins), and FASTVend (vending devices). These tools put physical product closer to the point of use in customer locations, increase supply chain visibility, and improve the ability to monitor or control usage. Fastenal had 136,638 installed FMI devices at the end of 2025, growing to 140,789 by end of Q2 2026. FMI sales reached $2.68 billion in FY2025, up 17.0% year on year.

Who owns Fastenal?
Fastenal is publicly owned with no controlling shareholder. Ownership is distributed among institutional investors, mutual funds, pension funds, and individual shareholders worldwide through NASDAQ trading. The company operates independently with oversight from its board of directors.

Who is the CEO of Fastenal?
Daniel Florness serves as CEO of Fastenal. Florness brings extensive experience in industrial distribution and operations management. Under his leadership, Fastenal has focused on expanding its FMI technology platform, growing contract customers, and increasing its Digital Footprint.