Pricing is still playing a large — albeit decelerated role — in the company’s strong results, while management was upbeat on underlying demand. Get our in-depth breakdown of Fastenal’s 1Q metrics.
Latest In Earnings
Gross margin topped expectations with an uptick, while pricing continues to comprise nearly all of year-over-year sales growth.
The 2025 gain was despite one fewer selling week than 2024 for the infrastructure supplies distributor.
The St. Louis-based electrical and industrial supplies distributor highlighted its growth strategy alignment with key opportunties, including data centers and industrial automation.
It's a new annual high-water mark for the company that was formed in early 2022 through the merger of Lawson Products, Gexpro Services and TestEquity.
Fastenal reported a strong February that saw the company's best daily sales growth since October 2022 despite a downstep for its top national accounts.
The decline was driven by lower sales in Central Canada and followed a flat 4Q for that business segment, while Wajax's annual revenue saw a modest increase.
The company completed six acquisitions during 4Q and closed on three since to complement continued robust organic growth.
Overall, the company saw healthy gains in 4Q and full-year revenue, margins and EBITDA. Get all the key figures here.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
Meanwhile, the hardware products distributor’s annual sales hit a new company record.
Watsco's seasonally heavy 4Q reflected continued lower sales and volumes post-A2L transition, offset by higher prices helping to boost margins.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
Each of Wesco’s operating segments continued to record organic sales growth.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company's guidance.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
It was a new annual revenue high-water mark, as pricing actions and improved sales effectiveness carried the company through lasting "sluggish" market conditions.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
The offering was in response to investment demand following $3 billion raised earlier this month in two private placement rounds.