Fastenal Historical Income Statement
FAST Stock | USD 72.46 1.96 2.63% |
Historical analysis of Fastenal income statement accounts such as Total Revenue of 7.7 B or Gross Profit of 3.5 B can show how well Fastenal Company performed in making a profits. Evaluating Fastenal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fastenal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fastenal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fastenal is a good buy for the upcoming year.
Fastenal |
About Fastenal Income Statement Analysis
Fastenal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fastenal shareholders. The income statement also shows Fastenal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Fastenal Income Statement Chart
Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Fastenal Company minus its cost of goods sold. It is profit before Fastenal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fastenal. It is also known as Fastenal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Fastenal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fastenal Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Fastenal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fastenal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Fastenal's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.9 B in 2024, despite the fact that Non Recurring is likely to grow to (1.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 3.2B | 3.4B | 3.5B | Total Revenue | 6.0B | 7.0B | 7.3B | 7.7B |
Fastenal income statement Correlations
Click cells to compare fundamentals
Fastenal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fastenal income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 147.9M | 162.4M | 170.7M | 176.6M | 177.3M | 186.2M | |
Interest Expense | 12.6M | 13.9M | 9.7M | 14.3M | 10.8M | 11.3M | |
Total Revenue | 5.3B | 5.6B | 6.0B | 7.0B | 7.3B | 7.7B | |
Gross Profit | 2.5B | 2.6B | 2.8B | 3.2B | 3.4B | 3.5B | |
Other Operating Expenses | 4.3B | 4.5B | 4.8B | 5.5B | 5.8B | 6.1B | |
Operating Income | 1.1B | 1.1B | 1.2B | 1.5B | 1.5B | 1.6B | |
Ebit | 1.1B | 1.1B | 1.2B | 1.5B | 1.5B | 1.6B | |
Ebitda | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | 1.8B | |
Cost Of Revenue | 2.8B | 3.1B | 3.2B | 3.8B | 4.0B | 4.2B | |
Total Operating Expenses | 1.5B | 1.4B | 1.6B | 1.8B | 1.8B | 1.9B | |
Income Before Tax | 1.0B | 1.1B | 1.2B | 1.4B | 1.5B | 1.6B | |
Total Other Income Expense Net | (13.5M) | (9.1M) | (9.6M) | (13.6M) | (6.7M) | (6.4M) | |
Net Income | 790.9M | 859.1M | 925M | 1.1B | 1.2B | 1.2B | |
Income Tax Expense | 252.8M | 273.6M | 282.8M | 353.1M | 367M | 385.4M | |
Selling General Administrative | 1.5B | 1.4B | 1.6B | 1.8B | 1.8B | 1.9B | |
Net Income Applicable To Common Shares | 790.9M | 859.1M | 925M | 1.1B | 1.2B | 1.3B | |
Net Income From Continuing Ops | 790.9M | 859.1M | 925M | 1.1B | 1.1B | 683.0M | |
Non Recurring | (1M) | (500K) | (1.2M) | (1.4M) | (1.3M) | (1.2M) | |
Tax Provision | 252.8M | 273.6M | 282.8M | 353.1M | 361.8M | 324.3M | |
Net Interest Income | (13.5M) | (9.1M) | (9.6M) | (13.6M) | (11.8M) | (12.4M) | |
Reconciled Depreciation | 148.7M | 162.4M | 170.7M | 176.6M | 178.8M | 173.3M |
Thematic Opportunities
Explore Investment Opportunities
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.