Fastenal vs Wesco International
Wesco International is the larger business, with $23.51bn of revenue in fiscal 2025 against $8.20bn for Fastenal (2.9 times as much). Fastenal grew faster (8.7% against 7.8%). Fastenal kept more of each dollar of sales as profit: a net margin of 15.3% against 2.7%. Fastenal carries less debt relative to equity (3.2% against 115.9%).
| Latest fiscal year | FastenalFAST, 2025 | Wesco InternationalWCC, 2025 |
|---|---|---|
| Revenue | $8.20bn | $23.51bn |
| Revenue growth | 8.7% | 7.8% |
| Net income | $1.26bn | $640m |
| Operating margin | 20.2% | 5.2% |
| Net margin | 15.3% | 2.7% |
| Return on equity | 33.3% | 12.8% |
| Free cash flow | $1.05bn | $25.2m |
| Cash | $277m | $605m |
| Total debt | $125m | $5.83bn |
| Debt to equity | 3.2% | 115.9% |
| Dividend per share | $0.88 | — |
| Dividend yield | 1.8% | 0.6% |
| Share buybacks | — | $75.0m |
| Employees | 24,489 | 21,000 |
| Market value | $60.29bn | $16.54bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 80 (Strong) | 46 (Moderate) |
| Insider trades, 12 months | 5 buys, 8 sales | 2 buys, 56 sales |