Fastenal
FAST
#425
Rank
HK$370.43 B
Marketcap
HK$646.62
Share price
0.87%
Change (1 day)
36.06%
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 November 2024 (TTM): 20.71%

According to Fastenal's latest financial reports and stock price the company's current Operating Margin is 20.71%. At the end of 2023 the company had an Operating Margin of 20.72%.

Operating Margin history for Fastenal from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.72%0.43%
202220.63%2.66%
202120.09%0.18%
202020.06%2.5%
201919.57%-1.56%
201819.88%-0.04%
201719.89%-0.23%
201619.93%-6.65%
201521.35%1.23%
201421.09%-1.68%
201321.45%-0.29%
201221.51%3.51%
201120.78%9.53%
201018.98%23.13%
200915.41%-20.05%
200819.28%5.18%
200718.33%3.3%
200617.74%0.46%
200517.66%5%
200416.82%22.76%
200313.70%2.36%
200213.39%-3.6%
200113.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.17%-26.75%๐Ÿ‡บ๐Ÿ‡ธ USA
8.97%-56.69%๐Ÿ‡บ๐Ÿ‡ธ USA
6.08%-70.64%๐Ÿ‡บ๐Ÿ‡ธ 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.