Executive Summary
Fastenal Company (0IKW.L) reported strong financial results for the first quarter of 2025, showcasing a revenue increase of 3.39% year-on-year and a substantial 7.39% quarter-on-quarter growth, reaching $1.959 billion. The gross profit rose to $883.9 million, with a gross profit margin of 45.11%, signaling effective cost management and a robust sales strategy.
Management emphasized their commitment to operational efficiency and market expansion, which has contributed to a year-on-year net income increase of 0.34%, reaching $298.7 million. Key strategic investments, including digital enhancements and supply chain improvements, are expected to sustain this growth trajectory. Overall, the results illustrate a promising outlook for Fastenal and signify a resilient position in the industrial distribution sector.
Key Performance Indicators
Revenue
1.96B
QoQ: 7.39% | YoY:3.39%
Gross Profit
883.90M
45.11% margin
QoQ: 8.03% | YoY:2.59%
Operating Income
393.90M
QoQ: 14.24% | YoY:0.95%
Net Income
298.70M
QoQ: 13.96% | YoY:0.34%
EPS
0.26
QoQ: 13.04% | YoY:0.00%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $1.959 billion (YoY: +3.39%, QoQ: +7.39%)
- **Gross Profit**: $883.9 million (YoY: +2.59%, QoQ: +8.03%)
- **Operating Income**: $393.9 million (YoY: +0.95%, QoQ: +14.24%)
- **Net Income**: $298.7 million (YoY: +0.34%, QoQ: +13.96%)
- **Gross Profit Margin**: 45.11%