Is Fastenal Stock Outperforming the Dow?

Winona, Minnesota-based Fastenal Company (FAST) is a leading North American distributor of industrial and construction supplies, with a growing emphasis on integrated supply chain solutions. Valued at $48.4 billion by market cap, Fastenal operates across the United States and internationally, serving a diverse customer base across manufacturing, construction, government, and other commercial sectors.

Companies worth $10 billion or more are generally described as “large-cap stocks,” Fastenal fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the industrial distribution space.