Fastenal Company

Halal Rating :
Comfortable
Last Price $78.7
Market Cap $45.09b
1D Change

-0.51 %

1 Year Change

23.15 %

Next Earnings Date

Yet to be announced

Company Overview

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies. The company's fastener products include threaded fasteners, nuts, screws, studs, and related washers. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets and related accessories.

Revenue Sources

Pass

Based on analysis of Fastenal's business model and revenue sources, the company primarily generates revenue from the distribution of industrial and construction supplies. None of their core business activities involve haram products or services such as alcohol, tobacco, gambling, or interest-based financial services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $1.96b $1.57b - $1.7m 0.00% 0.11%
Dec. 31, 2024 $1.82b $1.48b - $1.7m 0.00% 0.11%
Sept. 30, 2024 $1.91b $1.52b - $1.8m 0.00% 0.12%
June 30, 2024 $1.92b $1.53b - $1.8m 0.00% 0.12%

Looking at the last four quarters (Q3 2024 to Q4 2023), Fastenal's interest expenses have been minimal relative to total expenses. Interest expenses ranged from $1.8M to $2.0M per quarter, while total expenses were consistently over $1.4B per quarter. The interest expense ratio has remained well below the 5% threshold for all quarters analyzed.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in North America and has no documented direct involvement with the state of Israel or substantial ties to the Chinese Communist Party.

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