earnings
confidence high
sentiment negative
materiality 0.75
Fastenal Q4 net income down 1.6% to $262.1M; EPS flat at $0.46; operating margin contracts
FASTENAL CO
2024-FY EPS reported
$2.00
revenue$7,546,000,000
- Q4 net sales $1,824.5M (+3.7% YoY); daily sales grew 2.1% on one extra selling day.
- Q4 operating margin fell to 18.9% from 20.1% on SG&A deleverage and unfavorable mix.
- Full year 2024 EPS $2.00 vs $2.02; net income down 0.4% to $1,150.6M.
- Onsite signings 358 in 2024, below 375-400 goal; active sites up 11.5% to 2,031.
- 2025 capex guided to $265-285M; FMI device signings target 28,000-30,000 MEUs.