Fastenal
FAST
$54.21
Share price
0.20%
Change (1 day)
14.61%
Change (1 year)
Fastenal is an American industrial distributor that offers services such as inventory management, manufacturing, and tool repair.
Operating Margin for Fastenal (FAST)
Operating Margin as of September 2023 (TTM): 20.62%
According to Fastenal's latest financial reports and stock price the company's current Operating Margin is 20.62%. At the end of 2022 the company had an Operating Margin of 20.63%.
Operating Margin history for Fastenal from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.63% | 2.66% |
| 2021 | 20.09% | 0.18% |
| 2020 | 20.06% | 2.5% |
| 2019 | 19.57% | -1.56% |
| 2018 | 19.88% | -0.04% |
| 2017 | 19.89% | -0.23% |
| 2016 | 19.93% | -6.63% |
| 2015 | 21.35% | 1.22% |
| 2014 | 21.09% | -1.68% |
| 2013 | 21.45% | -0.29% |
| 2012 | 21.51% | 3.51% |
| 2011 | 20.78% | 9.53% |
| 2010 | 18.98% | 23.13% |
| 2009 | 15.41% | -20.05% |
| 2008 | 19.28% | 5.18% |
| 2007 | 18.33% | 3.3% |
| 2006 | 17.74% | 0.46% |
| 2005 | 17.66% | 5% |
| 2004 | 16.82% | 22.76% |
| 2003 | 13.70% | 2.36% |
| 2002 | 13.39% | -3.6% |
| 2001 | 13.89% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 W. W. Grainger
GWW | 14.09% | -31.67% | 🇺🇸 USA |
 WESCO International
WCC | 6.63% | -67.85% | 🇺🇸 USA |
 MSC Industrial Direct MSM | 11.96% | -42.00% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.