# FASTENAL CO (FAST) FY2024 Annual P&L / Income Statement

- Company: FASTENAL CO (FAST)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-06, accession number 0000815556-25-000065
- Page: https://plicit.ai/financials/fast/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/fast-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,546,000,000 US dollars
- **Cost of sales**: 4,144,100,000 US dollars
- **Gross profit**: 3,401,900,000 US dollars
- **Operating expenses (calculated)**: 1,891,900,000 US dollars
- **Operating income**: 1,510,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,900,000 US dollars
- **Income before income taxes**: 1,508,100,000 US dollars
- **Income tax expense**: 357,500,000 US dollars
- **Net income**: 1,150,600,000 US dollars
- **U.S. reportable segment**: 6,273,100,000 US dollars
- **Other operating segment**: 1,272,900,000 US dollars
- **Selling, general, and administrative expenses**: 1,891,900,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/fast/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/fast-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,546,000,000 US dollars
- **Cost of sales**: 4,144,100,000 US dollars
- **Gross profit**: 3,401,900,000 US dollars
- **Operating expenses (calculated)**: 1,891,900,000 US dollars
- **Operating income**: 1,510,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,900,000 US dollars
- **Income before income taxes**: 1,508,100,000 US dollars
- **Income tax expense**: 357,500,000 US dollars
- **Net income**: 1,150,600,000 US dollars
- **UNITED STATES**: 6,273,100,000 US dollars
- **Canada and Mexico**: 1,035,600,000 US dollars
- **All other foreign countries**: 237,300,000 US dollars
- **Selling, general, and administrative expenses**: 1,891,900,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service

- Page: https://plicit.ai/financials/fast/fy2024-annual-income-statement/revenue-by-product-and-service
- Chart image: https://plicit.ai/charts/fast-fy2024-annual-revenue-by-product-and-service-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,546,000,000 US dollars
- **Cost of sales**: 4,144,100,000 US dollars
- **Gross profit**: 3,401,900,000 US dollars
- **Operating expenses (calculated)**: 1,891,900,000 US dollars
- **Operating income**: 1,510,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,900,000 US dollars
- **Income before income taxes**: 1,508,100,000 US dollars
- **Income tax expense**: 357,500,000 US dollars
- **Net income**: 1,150,600,000 US dollars
- **Cutting tools (calculated)**: 399,938,000 US dollars
- **Electrical supplies (calculated)**: 354,662,000 US dollars
- **Fasteners (calculated)**: 2,316,622,000 US dollars
- **Hydraulics & pneumatics (calculated)**: 505,582,000 US dollars
- **Janitorial supplies (calculated)**: 664,048,000 US dollars
- **Material handling (calculated)**: 422,576,000 US dollars
- **Safety supplies (calculated)**: 1,675,212,000 US dollars
- **Tools (calculated)**: 633,864,000 US dollars
- **Welding supplies (calculated)**: 316,932,000 US dollars
- **Other (calculated)**: 256,564,000 US dollars
- **Selling, general, and administrative expenses**: 1,891,900,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.