Fastenal Income Tax Expense from 2010 to 2024

FAST Stock  USD 79.77  0.55  0.68%   
Fastenal Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fastenal Income Tax Expense quarterly data regression had r-value of  0.71 and coefficient of variation of  32.58. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
93.7 M
Current Value
89.5 M
Quarterly Volatility
31 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Fastenal Company over the last few years. It is Fastenal's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fastenal's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Fastenal Income Tax Expense Regression Statistics

Arithmetic Mean271,629,800
Geometric Mean201,407,036
Coefficient Of Variation32.58
Mean Deviation53,983,440
Median282,800,000
Standard Deviation88,491,440
Sample Variance7830.7T
Range383.9M
R-Value0.71
Mean Square Error4194.1T
R-Squared0.50
Significance0
Slope14,028,907
Total Sum of Squares109630.3T

Fastenal Income Tax Expense History

2024385.4 M
2023367 M
2022353.1 M
2021282.8 M
2020273.6 M
2019252.8 M
2018235.1 M

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense367 M385.4 M

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Additional Tools for Fastenal Stock Analysis

When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.