Fastenal Company
0IKW.L
$48.09 0.25%
Exchange: LSE | Sector: Industrials | Industry: Industrial Distribution
Q1 2025
Published: Apr 16, 2025

Earnings Highlights

  • Revenue of $1.96B up 3.4% year-over-year
  • EPS of $0.26 increased by 0% from previous year
  • Gross margin of 45.1%
  • Net income of 298.70M
  • ""Investments in our digital realm are yielding positive results, enabling us to cater more effectively to our clients."" - CEO Dan Florness

Fastenal Company (0IKW.L) Q1 2025 Results: Solid Revenue Growth Amidst Strategic Investments

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%

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 2,080.30 0.29 +8.6% View
Q1 2025 1,959.40 0.26 +3.4% View
Q4 2024 1,824.50 0.23 +3.8% View
Q3 2024 1,910.20 0.26 +3.5% View
Q2 2024 1,916.20 0.25 +1.8% View