Fastenal Company
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.39B | $3.96B | $3.87B | $3.73B | $3.33B | $3.13B | $2.77B | $2.27B |
| Cost of Revenue | $2.23B | $2.00B | $1.92B | $1.84B | $1.61B | $1.52B | $1.33B | $1.09B |
| Gross Profit | $2.16B | $1.96B | $1.95B | $1.90B | $1.72B | $1.61B | $1.43B | $1.17B |
| Gross Margin | 49.3% | 49.6% | 50.4% | 50.8% | 51.7% | 51.5% | 51.8% | 51.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.28B | $1.17B | $1.12B | $1.11B | $1.01B | $941.2M | $859.4M | $745.1M |
| Operating Income | $881.8M | $795.8M | $828.8M | $787.6M | $712.7M | $673.7M | $574.6M | $429.7M |
| Operating Margin | 20.1% | 20.1% | 21.4% | 21.1% | 21.4% | 21.5% | 20.8% | 18.9% |
| Interest Expense | $9.1M | $6.5M | $3.1M | $915.0K | $113.0K | $0 | $0 | — |
| Pretax Income | $873.1M | $789.7M | $826.1M | $787.4M | $713.5M | $674.2M | $575.1M | $430.6M |
| Income Tax Expense | $294.5M | $290.3M | $309.7M | $293.3M | $264.8M | $253.6M | $217.2M | $165.3M |
| Net Income | $578.6M | $499.4M | $516.4M | $494.2M | $448.6M | $420.5M | $357.9M | $265.4M |
| Net Margin | 13.2% | 12.6% | 13.3% | 13.2% | 13.5% | 13.4% | 12.9% | 11.7% |
| EPS (Basic) | $1.00 | $1.73 | $1.77 | $1.67 | $1.51 | $1.42 | $1.21 | $0.90 |
| EPS (Diluted) | $1.00 | $1.73 | $1.77 | $1.66 | $1.51 | $1.42 | $1.21 | $0.90 |
| Shares Outstanding (Basic) | 576.4M | 288.9M | 291.5M | 296.5M | 296.8M | 296.1M | 295.1M | 294.9M |
| Shares Outstanding (Diluted) | 576.7M | 289.2M | 292.0M | 297.3M | 297.7M | 297.2M | 295.9M | 294.9M |
| Dividends Per Share | $0.64 | $1.20 | $1.12 | $1.00 | $0.80 | $1.24 | $0.50 | $0.62 |