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Fastenal - About the company

Fastenal is a public company based in Winona (United States), founded in 1967. It operates as a Distributor of industrial and construction supplies, fasteners, and inventory management solutions. The company has 495 active competitors, including 15 funded and 66 that have exited. Its top competitors include companies like Grainger, McMaster-Carr and HD Supply Holdings.

Company Details

Distributor of industrial and construction supplies, fasteners, and inventory management solutions. The company supplies fasteners, OEM components, maintenance and repair products, safety equipment, tools, and related industrial hardware through branches, distribution centers, and digital channels. Its offering includes inventory management programs, vending systems, and on-site supply solutions that position products at the point of use and automate replenishment. Additional services cover custom manufacturing of fastening products, engineering and quality support, and specialized industrial services for customer facilities.
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Registered Address
Winona, Minnesota
Key Metrics
Founded Year
1967
Location
Winona, United States
Stage
Public
Investors
Ranked
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
18,123 as on Jan 02, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Fastenal's IPO details

Fastenal got listed on Apr 23, 1990.
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Fastenal's funding and investors

Fastenal is a funded company. Fastenal has 1 institutional investor.

Fastenal's founders and board of directors

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Fastenal's employee count trend

Fastenal has 18,123 employees as of Jan 26. Here is Fastenal's employee count trend over the years:
Employee count trend for Fastenal
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Fastenal's Competitors and alternates

Top competitors of Fastenal include Grainger, McMaster-Carr and HD Supply Holdings. Here is the list of Top 10 competitors of Fastenal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grainger
Grainger
1927, Savannah (United States), Public
Distributor of industrial maintenance, repair and operating supplies and services
-
63/100
2nd
Logo for McMaster-Carr
McMaster-Carr
1901, Elmhurst (United States), Funding Raised
Industrial supplier offering a vast catalog of parts and supplies
-
55/100
3rd
Logo for HD Supply Holdings
HD Supply Holdings
2007, Atlanta (United States), Acquired
E-distributor of industrial products
-
55/100
4th
Logo for VEVOR
VEVOR
2007, Los Angeles (United States), Funding Raised
Online distributor of tools & equipment
-
 
55/100
5th
Logo for TTI
TTI
1985, Hong Kong (China), Public
B2B company offering diversified equipment and tools
-
55/100
6th
Logo for Global Industrial
Global Industrial
1949, Nassau (United States), Public
Distributor of Material Handling Equipment & Storage Solution
-
-
55/100
7th
Logo for Ergodyne
Ergodyne
1983, Saint Paul (United States), Acquired
Online distributor of industrial safety tools & equipment
-
-
55/100
8th
Logo for Fastenal
Fastenal
1967, Winona (United States), Public
Distributor of industrial and construction supplies, fasteners, and inventory management solutions
-
54/100
9th
Logo for Voomi Supply
Voomi Supply
2019, Dresher (United States), Series A
Provider of HVAC systems, plumbing supplies, and parts through an online platform
$11M
53/100
10th
Logo for A&M Industrial
A&M Industrial
1954, Cranbury (United States), Unfunded
Online distributors of industrial tools & equipment
-
-
50/100
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Fastenal's Investments and acquisitions

Fastenal has acquired 3 companies including Spensall, Manufacturers Supplies Company and Fasteners. Fastenal has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
2018
Acquisition
1917
Mar 03, 2017
Acquisition
1907
St. Louis (United States)
Oct 08, 2015
Acquisition
1961
Spokane (United States)
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See all acquisitions by Fastenal

Reports related to Fastenal

Here is the latest report on Fastenal's sector:

News related to Fastenal

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Media has covered Fastenal for a total of 107 events in the last 1 year, 90 of them have been about company updates and 5 about partnerships.
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FAQs about Fastenal

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