undamentalytics Newsletter

Fastenal number of employees

Fastenal reported 24,489 employees at December 31, 2025 in its latest annual report, up 787 (3.3%) on the year before. That compares with 20,507 at December 31, 2021. Revenue per employee was $334,865.

Headcount by year

Fiscal year endEmployeesChangeRevenue per employeeSource
December 31, 2025 24,489 +787 (3.3%) $334,865 10-K, filed February 5, 2026
December 31, 2024 23,702 +501 (2.2%) $318,370 10-K, filed February 6, 2025
December 31, 2023 23,201 +815 (3.6%) $316,654 10-K, filed February 6, 2024
December 31, 2022 22,386 +1,879 (9.2%) $311,829 10-K, filed February 7, 2023
December 31, 2021 20,507 — $293,115 10-K, filed February 7, 2022

What the annual reports say

  • Human Capital Resources Employees At the end of 2025, we employed 24,489 full- and part-time employees. 2025 annual report
  • Human Capital Resources Employees At the end of 2024, we employed 23,702 full- and part-time employees. 2024 annual report
  • Employee Profile As of December 31, 2023, we had 23,201 employees worldwide, with 18,539 of those employees located in the United States (U.S.), 3,038 employees located in Canada and Mexico, and 1,624 employees located overseas in 24 other countries throughout the world. 2023 annual report
  • At the end of 2022, we had 3,306 in-market locations (defined in the table below) in 25 countries supported by 15 distribution centers in North America (12 in the United States, two in Canada, and one in Mexico), and one in Europe, and we employed 22,386 people. 2022 annual report
  • Employee Profile As of December 31, 2021, we had 20,507 employees worldwide, with 16,548 of those employees located within the United States (U.S.), 2,568 employees located in Canada and Mexico, and 1,391 employees located overseas in 22 other countries throughout the world. 2021 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: FAST vs QXOCNM vs FAST

More: Trading Companies & Distributors stocks compared, Industrials sector, rankings of US companies

Figures from Fastenal's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Fastenal.