Fastenal Company (FAST) — Cash Flow Quality Index
Fastenal Company (FAST) has a Cash Flow Quality Index of 1.11x as of March 2026. Operating cash flow of $378.40 Million exceeds net income of $339.80 Million, indicating high earnings quality where cash backs reported profits. Explore FAST long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Fastenal Company Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Fastenal Company across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FAST tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Fastenal Company (1989–2025)
Year-by-year earnings quality comparison for Fastenal Company. For live market cap and the full company financial profile, see FAST stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.03x | $1.30 Billion | $1.26 Billion | ▲ +1.0% |
| 2024 | 1.02x | $1.17 Billion | $1.15 Billion | ▼ -17.8% |
| 2023 | 1.24x | $1.43 Billion | $1.16 Billion | ▲ +43.3% |
| 2022 | 0.87x | $941.00 Million | $1.09 Billion | ▲ +4.0% |
| 2021 | 0.83x | $770.10 Million | $925.00 Million | ▼ -35.1% |
| 2020 | 1.28x | $1.10 Billion | $859.10 Million | ▲ +20.4% |
| 2019 | 1.07x | $842.70 Million | $790.90 Million | ▲ +18.8% |
| 2018 | 0.90x | $674.20 Million | $751.90 Million | ▼ -11.3% |
| 2017 | 1.01x | $585.20 Million | $578.60 Million | ▼ -1.7% |
| 2016 | 1.03x | $514.00 Million | $499.48 Million | ▼ -2.8% |
| 2015 | 1.06x | $546.94 Million | $516.36 Million | ▲ +4.8% |
| 2014 | 1.01x | $499.39 Million | $494.15 Million | ▲ +9.0% |
| 2013 | 0.93x | $416.12 Million | $448.64 Million | ▼ -1.6% |
| 2012 | 0.94x | $396.29 Million | $420.54 Million | ▲ +25.6% |
| 2011 | 0.75x | $268.49 Million | $357.93 Million | ▼ -17.2% |
| 2010 | 0.91x | $240.49 Million | $265.36 Million | ▼ -45.4% |
| 2009 | 1.66x | $306.07 Million | $184.36 Million | ▲ +78.7% |
| 2008 | 0.93x | $259.90 Million | $279.70 Million | ▼ -5.2% |
| 2007 | 0.98x | $227.89 Million | $232.62 Million | ▲ +99.2% |
| 2006 | 0.49x | $97.88 Million | $199.04 Million | ▼ -32.7% |
| 2005 | 0.73x | $121.91 Million | $166.81 Million | ▲ +66.7% |
| 2004 | 0.44x | $57.44 Million | $130.99 Million | ▼ -59.3% |
| 2003 | 1.08x | $90.62 Million | $84.12 Million | ▲ +356.7% |
| 2002 | 0.24x | $17.82 Million | $75.54 Million | ▼ -82.0% |
| 2001 | 1.31x | $91.73 Million | $70.11 Million | ▲ +176.1% |
| 2000 | 0.47x | $38.25 Million | $80.73 Million | ▼ -44.6% |
| 1999 | 0.85x | $56.00 Million | $65.50 Million | ▲ +4.6% |
| 1998 | 0.82x | $43.30 Million | $53.00 Million | ▲ +126.8% |
| 1997 | 0.36x | $14.70 Million | $40.80 Million | ▼ -6.3% |
| 1996 | 0.38x | $12.50 Million | $32.50 Million | ▼ -29.3% |
| 1995 | 0.54x | $14.90 Million | $27.40 Million | ▼ -10.0% |
| 1994 | 0.60x | $11.30 Million | $18.70 Million | ▲ +63.4% |
| 1993 | 0.37x | $4.40 Million | $11.90 Million | ▼ -40.8% |
| 1992 | 0.63x | $5.50 Million | $8.80 Million | ▲ +3.1% |
| 1991 | 0.61x | $4.00 Million | $6.60 Million | ▼ -9.1% |
| 1990 | 0.67x | $4.20 Million | $6.30 Million | ▼ -4.4% |
| 1989 | 0.70x | $3.00 Million | $4.30 Million | — |