---
schema_version: "secwatch.filing_event.v1"
accession: "0000815556-23-000002"
form_type: "8-K"
ticker: "FAST"
cik: "0000815556"
company_name: "FASTENAL CO"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:40:02.807456+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fastenal Q4 net sales up 10.7% to $1.7B, EPS $0.43; full-year EPS $1.89, up 17.8%

## Summary
- Q4 revenue $1,695.6M (+10.7% YoY); gross margin fell to 45.3% from 46.5% due to mix and pricing.
- Full-year net sales $6,980.6M (+16.1%); net earnings $1,086.9M (+17.5%); operating cash flow $941.0M (+22.2%).
- Onsite locations active 1,623 (+14.6%); signed 62 new Onsites in Q4; 2023 goal 375-400 signings.
- FMI Technology sales $663.4M in Q4 (+22.1%), representing 38.7% of total sales; 2023 device signing goal 23k-25k MEUs.
- Returned $949.1M to shareholders in 2022 via dividends ($711.3M) and buybacks ($237.8M); capex guidance for 2023 $210-230M.

## SEC filing metadata
- accession: 0000815556-23-000002
- form_type: 8-K
- ticker: FAST
- cik: 0000815556
- company_name: FASTENAL CO
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/815556/000081555623000002/0000815556-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815556/000081555623000002/fast-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000815556-23-000002
- JSON: https://secwatch.observer/filing/0000815556-23-000002.json
- Plain text: https://secwatch.observer/filing/0000815556-23-000002.txt

## Key facts
- Earnings Releases
  FASTENAL CO reported the quarter and year ended December 31, 2022 results: revenue $ 6,980.6, net income $ 1,086.9, EPS $ 1.89.
  - Period: the quarter and year ended December 31, 2022
  - Revenue: $ 6,980.6
  - Net income: $ 1,086.9
  - EPS: $ 1.89
  - Result: reported results
  source text: growth (positive) or contraction (negative) for the applicable period. PERFORMANCE SUMMARY Twelve-month Period Three-month Period 2022 2021 Change 2022 2021 Change Net sales $ 6,980.6 6,010.9 16.1 % $ 1,695.6 1,531.8 10.7 % Business days 254 253 62 62 Daily sales $ 27.5 23.8 15.7 % $ 27.3 24.7 10.7 % Gross profit $ 3,215.8 2,777.2 15.8 % $ 768.4 712.9 7.8 % %
  evidence_url: https://www.sec.gov/Archives/edgar/data/815556/000081555623000002/0000815556-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.