Fastenal Company (FAST)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 1,057,200 | 1,051,700 | 1,032,100 | 1,026,100 |
| Revenue (ttm) | US$ in thousands | 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 | 5,323,200 | 5,277,900 | 5,179,500 | 6,347,500 |
| Operating profit margin | 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% | 19.86% | 19.93% | 19.93% | 16.17% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,528,600K ÷ $7,340,200K
= 20.83%
Fastenal Co. has displayed a relatively stable operating profit margin over the past eight quarters, ranging from 20.56% to 20.86%. The company has maintained a consistent performance in generating operating income relative to its net sales during this period. Despite minor fluctuations, the operating profit margin has generally remained within a narrow band, indicating the company's ability to effectively control operating expenses and optimize revenue generation. This steady margin suggests a strong operational efficiency and cost management within Fastenal Co., showcasing a consistent profitability trend in its core operations.
Peer comparison
Dec 31, 2023