Fastenal reports Q2 2026 earnings with strong sales growth
The company maintained a 21% operating margin and returned $305 million to shareholders via dividends and repurchases.
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Industrial and construction supply distributor
fastenal.comLast updated
In short: Fastenal achieved strong sales growth throughout early 2026, appointed Jeff Watts as CEO, and expanded its distribution infrastructure.
The company maintained a 21% operating margin and returned $305 million to shareholders via dividends and repurchases.
Operating margin held steady at 21.0% despite gross margin pressure from price/cost. Cash flow from operations was $266 million.
Daily sales grew 15%, led by Rest of World at 22.1%. Employee headcount rose 1.9%.
The call will be held on July 14, 2026, at 9:00 a.m. central time, with a webcast available online.
Wolfe Research analyst Nigel Coe assumes coverage on Fastenal (NASDAQ: FAST) with a Underperform rating and a price target of $51.00.For an analyst ratings summary...
Fastenal Q2 earnings: 14.7% revenue, and 15.9% EPS growth, but flat margins and a stretched 39x 2026E valuation. Click for more on FAST stock.
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