Fastenal Company (FAST) — Cash Flow Quality Index

Latest as of June 2026: 0.37x

Fastenal Company (FAST) has a Cash Flow Quality Index of 0.37x as of June 2026. Operating cash flow of $142.30 Million is below net income of $382.80 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore FAST cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.37x
Operating CF / Net Income

Operating Cash Flow

$142.30 Million
USD

Net Income

$382.80 Million
USD

Data as of

Jun 2026
Most recent filing

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. For the full cash flow conversion analysis, see how efficiently does Fastenal Company generate cash.

Annual Cash Flow Quality Index for Fastenal Company (1989–2025)

Year-by-year earnings quality comparison for Fastenal Company.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.