FAST
MARCH 2025 INFORMATION WEB RELEASE
Release date: 4/11/25
Fastenal Company and Subsidiaries
(Dollar amounts in thousands)
2025
2024
Change
Net sales
$680,067
$628,158
8.3%
Daily sales - Net sales divided by the number of business
days in the US.
Business days
21
21
0.0%
Daily sales
$32,384
$29,912
8.3%
Impact of currency fluctuations
(0.4%)
0.1%
Historical
Daily sales in January
$29,647
$29,085
Historical figures are an average from 2019, and 2021 to
2024. 2020 is excluded as COVID-related surge activity
Change in daily sales since January
9.2%
2.8%
4.2%
makes the period unrepresentative of normal trends.
Daily sales last month
$31,356
29,862
Change in daily sales since last month
3.3%
0.2%
2.9%
Current Month
Daily sales growth by geography
% of Sales
United States
8.4%
1.0%
83.3%
Calculated using US days and US dollars.
Canada/Mexico
7.3%
5.0%
13.5%
Rest of World
8.1%
9.6%
3.2%
Total Company
8.3%
1.8%
Current Month
Daily sales growth by end market
% of Sales
Heavy Manufacturing
7.9%
2.0%
43.5%
Other Manufacturing
12.0%
3.4%
32.8%
Non-residential Construction
0.2%
(7.4%)
8.0%
Other End Markets
4.5%
4.2%
15.7%
Current Month
Daily sales growth by product line
% of Sales
Fasteners
4.5%
(3.7%)
30.6%
Safety
9.2%
6.8%
21.4%
Other
9.9%
3.8%
48.0%
Growth metrics by customer/channel type
% of Top 100 national accounts growing
59.0%
58.0%
% of in-market locations growing
55.7%
50.1%
Daily sales growth - contract customers
11.0%
7.0%
Daily sales growth - non-contract customers
0.0%
(8.0%)
Daily sales growth - eBusiness*
18.0%
30.0%
Daily sales growth - FMI
13.0%
6.0%
Daily sales growth rates are rounded to whole percentage rates.
Contract sales include sales realized under national account, government, and local contracts.
FMI - Fastenal Managed Inventory
Employee headcount at month end***
Mar-25
Mar-24
Change
Feb-25
Change
Selling personnel - FTE**
15,236
15,064
1.1%
15,171
0.4%
Distribution/Transportation personnel - FTE
3,111
3,013
3.3%
3,084
0.9%
Manufacturing personnel - FTE
957
888
7.8%
950
0.7%
Organizational support personnel - FTE**
2,035
1,970
3.3%
2,040
(0.2%)
Total personnel - FTE
21,339
20,935
1.9%
21,245
0.4%
Total personnel - absolute
24,181
23,695
2.1%
24,013
0.7%
FTE - Full-time equivalent headcount.
to absolute or FTE headcount, it produces minor shifting between headcount categories. Historical numbers have been adjusted to reflect this realignment.
Next monthly sales release date: Tuesday, May 6, 2025 at 6:00 AM(central time)
Next earnings release date: Monday, July 14, 2025 at 6:00 AM(central time)
Disclaimer
Fastenal Company published this content on April 11, 2025, and is solely responsible for the information contained herein. Distributed via , unedited and unaltered, on April 11, 2025 at 10:53 UTC.