Fastenal Tax Provision from 2010 to 2024

FAST Stock  USD 72.46  1.96  2.63%   
Fastenal Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 324.3 M in 2024. Tax Provision is the amount set aside by Fastenal Company to cover any estimated taxes for the current period. It reflects Fastenal's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
93.7 M
Current Value
89.5 M
Quarterly Volatility
12.5 M
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Fastenal Company over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Fastenal's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fastenal's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Fastenal Tax Provision Regression Statistics

Arithmetic Mean301,749,007
Geometric Mean300,014,792
Coefficient Of Variation10.96
Mean Deviation24,192,406
Median309,659,000
Standard Deviation33,061,241
Sample Variance1093T
Range126.7M
R-Value0.12
Mean Square Error1160.2T
R-Squared0.01
Significance0.67
Slope886,667
Total Sum of Squares15302.6T

Fastenal Tax Provision History

2024324.3 M
2023361.8 M
2022353.1 M
2021282.8 M
2020273.6 M
2019252.8 M
2018235.1 M

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision361.8 M324.3 M

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Additional Tools for Fastenal Stock Analysis

When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.