Fastenal Company
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.26B | $1.15B | $1.16B | $1.09B | $925.0M | $859.1M | $790.9M | $751.9M |
| Depreciation & Amortization | $179.2M | $175.4M | $177.3M | $176.6M | — | — | — | — |
| Depreciation | $168.5M | $164.7M | $166.6M | $165.9M | $159.9M | $153.3M | $144.6M | $134.1M |
| Amortization | $10.7M | $10.7M | $10.7M | $10.7M | $10.8M | $9.1M | $4.1M | $4.1M |
| Stock-Based Compensation | $8.4M | $8.0M | $7.3M | $7.2M | $5.6M | $5.7M | $5.7M | $5.1M |
| Net Cash from Operating Activities | $1.30B | $1.17B | $1.43B | $941.0M | $770.1M | $1.10B | $842.7M | $674.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $245.3M | $226.5M | $172.8M | $173.8M | $156.6M | $168.1M | $246.4M | $176.3M |
| Business Acquisitions | — | — | — | $0 | $0 | $125.0M | $0 | $3.7M |
| Net Cash from Investing Activities | $-231.0M | $-214.5M | $-161.2M | $-163.0M | $-148.5M | $-281.7M | $-239.7M | $-173.9M |
| Financing Activities | ||||||||
| Dividends Paid | $1.00B | $893.3M | $1.02B | $711.3M | $643.7M | $803.4M | $498.6M | $441.9M |
| Stock Repurchases | — | $0 | $0 | $237.8M | $0 | $52.0M | $0 | $103.0M |
| Net Cash from Financing Activities | $-1.05B | $-913.7M | $-1.28B | $-774.9M | $-627.1M | $-754.4M | $-595.1M | $-446.5M |
| Net Change in Cash | $21.0M | $34.5M | $-8.8M | $-6.1M | $-9.5M | $70.8M | $7.7M | $50.3M |
| Free Cash Flow | $1.05B | $946.8M | $1.26B | $767.2M | $613.5M | $933.7M | $596.3M | $497.9M |