Fastenal Company (FAST)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,510,000 | 1,519,000 | 1,517,600 | 1,525,600 | 1,528,600 | 1,507,700 | 1,500,200 | 1,488,700 | 1,453,500 | 1,421,500 | 1,360,700 | 1,295,100 | 1,217,400 | 1,180,900 | 1,152,600 | 1,150,800 | 1,141,800 | 1,116,300 | 1,108,100 | 1,067,100 |
| Revenue (ttm) | US$ in thousands | 7,547,800 | 7,480,800 | 7,414,600 | 7,378,100 | 7,340,200 | 7,272,600 | 7,226,700 | 7,122,900 | 6,965,300 | 6,804,100 | 6,556,500 | 6,284,600 | 6,001,600 | 5,830,100 | 5,690,000 | 5,691,200 | 5,641,200 | 5,560,100 | 5,523,900 | 5,382,800 |
| Operating profit margin | 20.01% | 20.31% | 20.47% | 20.68% | 20.83% | 20.73% | 20.76% | 20.90% | 20.87% | 20.89% | 20.75% | 20.61% | 20.28% | 20.26% | 20.26% | 20.22% | 20.24% | 20.08% | 20.06% | 19.82% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,510,000K ÷ $7,547,800K
= 20.01%
Fastenal Company's operating profit margin has shown a relatively stable trend over the analyzed period, starting at 19.82% on March 31, 2020, and increasing gradually to reach its peak at 20.90% on March 31, 2023. Subsequently, the operating profit margin experienced some fluctuations, with a slight decrease in the following quarters.
The operating profit margin reflects the company's efficiency in generating profits from its core operations. Fastenal Company was able to maintain a margin above 20% for most of the analyzed period, indicating effective cost management and revenue generation strategies. However, there was a slight decline in the margin towards the end of the period, dropping to 20.01% on December 31, 2024.
Overall, Fastenal Company has demonstrated a healthy operating profit margin performance, although the recent downward trend should be monitored to ensure sustained profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024