For the year ending 2025-12-31, FAST had $21,000K increase in cash & cash equivalents over the period. $1,050,600K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,258,400 | 1,150,600 | 1,155,000 | 1,086,900 |
| Depreciation of property and equipment | 168,500 | 164,700 | 166,600 | 165,900 |
| Gain on sale of property and equipment | 3,100 | 3,800 | 4,300 | -1,100 |
| Bad debt expense | 4,600 | 1,300 | 2,200 | -1,800 |
| Deferred income taxes | -1,600 | -4,100 | -10,700 | -4,900 |
| Stock-based compensation | 8,400 | 8,000 | 7,300 | 7,200 |
| Amortization of intangible assets | 10,700 | 10,700 | 10,700 | 10,700 |
| Trade accounts receivable, net | 130,100 | 31,900 | 72,300 | 119,800 |
| Inventories | 89,200 | 133,900 | -189,100 | 198,000 |
| Other current assets | -2,600 | 11,900 | 6,400 | -22,700 |
| Accounts payable | 26,000 | 27,500 | 8,400 | 21,900 |
| Accrued expenses | 33,300 | -16,500 | -600 | -57,200 |
| Income taxes | 2,100 | -1,300 | -9,400 | 400 |
| Other | -5,300 | -13,900 | 2,900 | -5,900 |
| Net cash provided by operating activities | 1,295,900 | 1,173,300 | 1,432,700 | 941,000 |
| Purchases of property and equipment | 245,300 | 226,500 | 172,800 | 173,800 |
| Proceeds from sale of property and equipment | 14,800 | 12,400 | 12,200 | 11,400 |
| Cash paid for acquisition | - | - | - | 0 |
| Other | 500 | 400 | 600 | 600 |
| Net cash used in investing activities | -231,000 | -214,500 | -161,200 | -163,000 |
| Proceeds from debt obligations | 1,105,000 | 775,000 | 880,000 | 1,795,000 |
| Payments against debt obligations | 1,180,000 | 835,000 | 1,175,000 | 1,630,000 |
| Proceeds from exercise of stock options | 24,300 | 39,600 | 30,100 | 9,200 |
| Purchases of common stock | - | 0 | 0 | 237,800 |
| Cash dividends paid | 1,004,200 | 893,300 | 1,016,800 | 711,300 |
| Net cash used in financing activities | -1,054,900 | -913,700 | -1,281,700 | -774,900 |
| Effect of exchange rate changes on cash and cash equivalents | 11,000 | -10,600 | 1,400 | -9,200 |
| Net increase (decrease) in cash and cash equivalents | 21,000 | 34,500 | -8,800 | -6,100 |
| Cash and cash equivalents at beginning of period | 255,800 | 221,300 | 230,100 | 236,200 |
| Cash and cash equivalents at end of period | 276,800 | 255,800 | 221,300 | 230,100 |
FASTENAL CO (FAST)
FASTENAL CO (FAST)