Fastenal Company (FAST)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,508,100 | 1,518,000 | 1,515,800 | 1,522,000 | 1,521,900 | 1,495,900 | 1,485,800 | 1,473,900 | 1,439,900 | 1,410,200 | 1,351,000 | 1,285,500 | 1,207,700 | 1,171,400 | 1,142,900 | 1,141,400 | 1,132,700 | 1,106,900 | 1,097,700 | 1,055,400 |
| 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 |
| Pretax margin | 19.98% | 20.29% | 20.44% | 20.63% | 20.73% | 20.57% | 20.56% | 20.69% | 20.67% | 20.73% | 20.61% | 20.45% | 20.12% | 20.09% | 20.09% | 20.06% | 20.08% | 19.91% | 19.87% | 19.61% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,508,100K ÷ $7,547,800K
= 19.98%
Fastenal Company's pretax margin has shown a gradual increase from March 31, 2020, where it was 19.61%, to December 31, 2021, reaching 20.12%. Subsequently, there was a slight fluctuation in the pretax margin over the next few quarters, with a peak of 20.73% on September 30, 2022. However, the pretax margin decreased to 19.98% by December 31, 2024.
Overall, Fastenal Company has maintained a relatively stable pretax margin above 19% throughout the period under review, indicating effective cost management and profitability. The slight fluctuations in the pretax margin may be attributed to various factors such as changes in operating expenses, revenue growth, or economic conditions. Monitoring and analyzing the pretax margin can provide valuable insights into the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024