Winona, Minnesota-based Fastenal Company (FAST) engages in the wholesale distribution of industrial and construction supplies. Valued at $59.5 billion by market cap, the company offers fasteners, cutting tools, metal working, lifting, hardware, plumbing, lubricant, and other related products. FAST serves weld-to-length bandsaw blades, custom sling fabrication, inspection, custom packaging, calibration, tool repairing, and custom logo program worldwide.
Shares of this largest fastener distributor have underperformed the broader market over the past year. FAST has gained 8.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.3%. However, in 2026, FAST stock is up 30%, surpassing the SPX’s 13.3% rise on a YTD basis.