Fastenal Company (FAST)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,052,900 | 4,698,000 | 4,462,900 | 4,548,600 | 4,299,000 |
| Total stockholders’ equity | US$ in thousands | 3,943,600 | 3,616,300 | 3,348,800 | 3,163,200 | 3,042,200 |
| Financial leverage ratio | 1.28 | 1.30 | 1.33 | 1.44 | 1.41 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,052,900K ÷ $3,943,600K
= 1.28
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Fastenal Company
FAST
1.28
MSC Industrial Direct Company Inc
MSM
1.77