FAST Q1 2023 Earnings — Fastenal Company Revenue & Financial Results | Market Cap Arena

FASTFastenal Company

$53B

Q1 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$1.9B+9.1% YoY

Gross Profit

$850M45.7% margin

Operating Income

$393M21.2% margin

Net Income

$295M15.9% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$389M

Free Cash Flow

$355M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$1.3B

Stockholders' Equity

$3.3B

Cash & Equivalents

$240M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+9.1%
Gross Profit	$850M	$793M	+7.1%
Operating Income	$393M	$358M	+9.8%
Net Income	$295M	$270M	+9.5%

Geographic Segments

North America

$1.8B49%

UNITED STATES

$1.6B43%

Canada and Mexico

$244M7%

Non-North America

$57M2%