Fastenal Company (FAST) — Working Capital to Net Assets Ratio
Fastenal Company (FAST) has a Working Capital to Net Assets ratio of 70.1% as of March 2026. Working capital of $2.80 Billion (current assets of $3.62 Billion minus current liabilities of $824.10 Million) is measured against net assets of $3.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fastenal Company (FAST) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fastenal Company Working Capital to Net Assets (1987–2025)
This chart shows how Fastenal Company's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of March 2026, the ratio stands at 70.1%, reflecting working capital of $2.80 Billion against net assets of $3.99 Billion USD. Check Fastenal Company (FAST) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fastenal Company (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fastenal Company from 1987 to 2025, covering 39 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is Fastenal Company worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 69.9% | $2.76 Billion | $3.94 Billion | $3.47 Billion | $715.60 Million | ▲ +0.1 pp |
| 2024 | 69.8% | $2.52 Billion | $3.62 Billion | $3.21 Billion | $687.10 Million | ▼ -0.6 pp |
| 2023 | 70.5% | $2.36 Billion | $3.35 Billion | $3.02 Billion | $661.30 Million | ▼ -3.4 pp |
| 2022 | 73.8% | $2.33 Billion | $3.16 Billion | $3.12 Billion | $789.80 Million | ▲ +2.3 pp |
| 2021 | 71.5% | $2.17 Billion | $3.04 Billion | $2.86 Billion | $682.20 Million | ▲ +2.4 pp |
| 2020 | 69.0% | $1.89 Billion | $2.73 Billion | $2.50 Billion | $612.70 Million | ▼ -2.7 pp |
| 2019 | 71.7% | $1.91 Billion | $2.67 Billion | $2.46 Billion | $544.70 Million | ▼ -9.8 pp |
| 2018 | 81.6% | $1.88 Billion | $2.30 Billion | $2.32 Billion | $437.40 Million | ▲ +6.0 pp |
| 2017 | 75.6% | $1.58 Billion | $2.10 Billion | $1.94 Billion | $351.00 Million | ▲ +0.8 pp |
| 2016 | 74.8% | $1.45 Billion | $1.93 Billion | $1.72 Billion | $275.64 Million | ▲ +3.1 pp |
| 2015 | 71.7% | $1.29 Billion | $1.80 Billion | $1.66 Billion | $373.17 Million | ▲ +8.6 pp |
| 2014 | 63.1% | $1.21 Billion | $1.92 Billion | $1.58 Billion | $375.35 Million | ▼ -2.9 pp |
| 2013 | 65.9% | $1.17 Billion | $1.77 Billion | $1.41 Billion | $239.83 Million | ▼ -3.5 pp |
| 2012 | 69.4% | $1.08 Billion | $1.56 Billion | $1.29 Billion | $204.17 Million | ▼ -2.5 pp |
| 2011 | 71.9% | $1.05 Billion | $1.46 Billion | $1.24 Billion | $187.82 Million | ▼ -0.2 pp |
| 2010 | 72.0% | $923.51 Million | $1.28 Billion | $1.09 Billion | $162.19 Million | ▼ -0.4 pp |
| 2009 | 72.5% | $862.86 Million | $1.19 Billion | $982.36 Million | $119.51 Million | ▲ +0.0 pp |
| 2008 | 72.4% | $827.41 Million | $1.14 Billion | $975.40 Million | $147.99 Million | ▼ -1.1 pp |
| 2007 | 73.6% | $742.98 Million | $1.01 Billion | $880.77 Million | $137.79 Million | ▲ +1.6 pp |
| 2006 | 72.0% | $663.88 Million | $922.09 Million | $767.78 Million | $103.90 Million | ▲ +0.9 pp |
| 2005 | 71.1% | $557.47 Million | $783.55 Million | $649.01 Million | $91.54 Million | ▲ +2.9 pp |
| 2004 | 68.2% | $466.88 Million | $684.37 Million | $538.07 Million | $71.18 Million | ▲ +0.0 pp |
| 2003 | 68.2% | $393.25 Million | $576.74 Million | $454.20 Million | $60.94 Million | ▼ -1.7 pp |
| 2002 | 69.9% | $349.42 Million | $499.87 Million | $396.49 Million | $47.06 Million | ▼ -0.9 pp |
| 2001 | 70.8% | $300.68 Million | $424.89 Million | $341.24 Million | $40.56 Million | ▼ -0.7 pp |
| 2000 | 71.5% | $256.85 Million | $359.26 Million | $293.42 Million | $36.58 Million | ▲ +2.8 pp |
| 1999 | 68.7% | $193.70 Million | $282.00 Million | $227.40 Million | $33.70 Million | ▲ +3.2 pp |
| 1998 | 65.5% | $142.50 Million | $217.60 Million | $173.30 Million | $30.80 Million | ▲ +1.2 pp |
| 1997 | 64.3% | $106.60 Million | $165.90 Million | $144.20 Million | $37.60 Million | ▲ +2.0 pp |
| 1996 | 62.3% | $78.50 Million | $126.00 Million | $103.50 Million | $25.00 Million | ▼ -7.9 pp |
| 1995 | 70.2% | $66.10 Million | $94.20 Million | $81.10 Million | $15.00 Million | ▲ +3.0 pp |
| 1994 | 67.2% | $45.40 Million | $67.60 Million | $59.50 Million | $14.10 Million | ▲ +0.3 pp |
| 1993 | 66.9% | $33.30 Million | $49.80 Million | $41.00 Million | $7.70 Million | ▲ +8.4 pp |
| 1992 | 58.4% | $22.50 Million | $38.50 Million | $28.00 Million | $5.50 Million | ▼ -6.5 pp |
| 1991 | 64.9% | $19.60 Million | $30.20 Million | $23.50 Million | $3.90 Million | ▼ -5.0 pp |
| 1990 | 69.9% | $16.70 Million | $23.90 Million | $20.00 Million | $3.30 Million | ▼ -1.0 pp |
| 1989 | 70.9% | $12.40 Million | $17.50 Million | $15.60 Million | $3.20 Million | ▼ -2.1 pp |
| 1988 | 72.9% | $9.70 Million | $13.30 Million | $12.10 Million | $2.40 Million | ▲ +4.9 pp |
| 1987 | 68.0% | $6.80 Million | $10.00 Million | $8.20 Million | $1.40 Million | — |