Fastenal (FAST) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The sequential decline contrasted with the prior quarter’s growth trend.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The sequential decline contrasted with the prior quarter’s growth trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-4.5%
Change from the immediately preceding quarter.
Year-over-year
+3.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1.9B | +1.9% |
| Jun 30, 2024 | $1.9B | +1.8% |
| Sep 30, 2024 | $1.9B | +3.5% |
| Dec 31, 2024 | $1.8B | +3.7% |
Revenue performance
Quarterly revenue moved lower from the prior quarter, while still showing an improvement over the same period a year ago.
Quarterly comparison
Compared to the preceding quarter, revenue contracted, whereas on a year-over-year basis it expanded. The annual gain follows a pattern of consistent yearly growth seen in recent quarters.
What to watch
Monitor whether revenue can stabilize or return to growth sequentially after the current quarter’s decline.