FAST Q2 2023 Earnings — Fastenal Company Revenue & Financial Results | Market Cap Arena

FASTFastenal Company

$53B

Q2 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$1.9B+5.9% YoY

Gross Profit

$858M45.5% margin

Operating Income

$395M21.0% margin

Net Income

$298M15.8% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$302M

Free Cash Flow

$246M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$1.2B

Stockholders' Equity

$3.4B

Cash & Equivalents

$244M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.8B	+5.9%
Gross Profit	$858M	$828M	+3.6%
Operating Income	$395M	$383M	+3.0%
Net Income	$298M	$287M	+3.8%

Geographic Segments

North America

$1.8B49%

UNITED STATES

$1.6B42%

Canada and Mexico

$255M7%

Non-North America

$57M2%