FASTFastenal
Note - Information in this section is as of year end unless otherwise noted. 10-K, Item 1
- Employees
- 24,489
- Headquarters
- Winona, MN
- CEO
- Daniel L. Florness
- Next results
- around Jan 19, 2027
What the 10-K filed 2026-02-05 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-06.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
“During 2025, 2024, and 2023, no single customer represented 5% or more of our consolidated net sales.”
Read it in the 10-K ↗
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
“In addition, we currently choose to rely on a limited number of suppliers for our vending devices, RFID technology, and IR technology used in our FASTVend and FASTBin platforms.”
Read it in the 10-K ↗
Lawsuits and legal claims
Pending cases, settlements and what the company has set aside for them.
No specific sentence about this in the 10-K.
Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
“The aggregate residual value guarantee related to these leases was approximately $124.2.”
Read it in the 10-K ↗
Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
“The Credit Facility contains certain financial and other covenants, and our right to borrow under the Credit Facility is conditioned upon, among other things, our compliance with these covenants.”
Read it in the 10-K ↗
“We are currently in compliance with these covenants.”
Read it in the 10-K ↗
“The Master Note Agreement contains certain financial and other covenants and we are currently in compliance with these covenants.”
Read it in the 10-K ↗
Commitments off the balance sheet
Contracts the company must pay for later: purchase obligations, take-or-pay deals.
No specific sentence about this in the 10-K.
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on FAST in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/FAST/export.csv") into a cell.