Fastenal Company (NASDAQ:FAST) Prepares for Q1 2026 Earnings: Key Financial Insights

Font: Financial Modeling Prep  • Apr 10, 2026

• Q1 2026 earnings per share expected to rise to $0.30, with revenue projected at $2.19 billion.
• Valuation metrics indicate a high P/E ratio of 45.04 and a price-to-sales ratio of 6.91.
• Financial health remains strong, highlighted by a debt-to-equity ratio of 0.11 and a current ratio of 4.85.

(NASDAQ:FAST) is a leading distributor of industrial and construction supplies. As it prepares to release its Q1 2026 earnings on April 13, analysts expect earnings per share to be $0.30, up from $0.26 last year. Revenue is projected to reach $2.19 billion, an increase from $1.96 billion in the same period last year.

The anticipated growth in earnings and revenue reflects Fastenal's strong performance. On March 5, the company reported a year-over-year increase in net sales for FY26. Despite this positive trend, Fastenal's shares recently fell by 0.5%, closing at $45.64, as highlighted by Barclays analyst Guy Hardwick.

Fastenal's financial metrics reveal a high valuation, with a price-to-earnings (P/E) ratio of 45.04. This suggests investors are willing to pay a premium for its earnings. The price-to-sales ratio is 6.91, indicating investors pay $6.91 for every dollar of sales, while the enterprise value to sales ratio is 6.93.

The company's financial health is strong, with a low debt-to-equity ratio of 0.11, showing minimal leverage. Fastenal also boasts a robust current ratio of 4.85, demonstrating its ability to cover short-term liabilities. Its earnings yield stands at 2.22%, reflecting the return on investment for shareholders.

Barclays analyst Guy Hardwick maintained an Equal-Weight rating for Fastenal, slightly raising the price target from $43 to $44. This adjustment reflects cautious optimism about the company's future performance, considering its recent financial results and market position.