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Fastenal Co (WBO:FAST) Pretax Margin % : 20.57% (As of Mar. 2024)


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What is Fastenal Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fastenal Co's Pre-Tax Income for the three months ended in Mar. 2024 was €359 Mil. Fastenal Co's Revenue for the three months ended in Mar. 2024 was €1,743 Mil. Therefore, Fastenal Co's pretax margin for the quarter that ended in Mar. 2024 was 20.57%.

The historical rank and industry rank for Fastenal Co's Pretax Margin % or its related term are showing as below:

WBO:FAST' s Pretax Margin % Range Over the Past 10 Years
Min: 19.57   Med: 20.08   Max: 21.35
Current: 20.62


WBO:FAST's Pretax Margin % is ranked better than
97.22% of 144 companies
in the Industrial Distribution industry
Industry Median: 5.495 vs WBO:FAST: 20.62

Fastenal Co Pretax Margin % Historical Data

The historical data trend for Fastenal Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fastenal Co Pretax Margin % Chart

Fastenal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.57 20.06 20.09 20.63 20.72

Fastenal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.96 20.85 20.88 20.14 20.57

Competitive Comparison of Fastenal Co's Pretax Margin %

For the Industrial Distribution subindustry, Fastenal Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fastenal Co's Pretax Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Pretax Margin % falls into.



Fastenal Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Fastenal Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1395.674/6736.924
=20.72 %

Fastenal Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=358.616/1743.492
=20.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fastenal Co  (WBO:FAST) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Fastenal Co Pretax Margin % Related Terms

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Fastenal Co (WBO:FAST) Business Description

Traded in Other Exchanges
Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

Fastenal Co (WBO:FAST) Headlines

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