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FASTENAL CO Interest Expense 2011-2024 | FAST

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is FASTENAL CO's current interest expense?

FASTENAL CO (FAST) annual interest expense for 2023 was $10.8M, a 24.48% decline from 2022. FASTENAL CO interest expense for the quarter ending March 31, 2024 was $2.0M.

What was FASTENAL CO's interest expense in 2022?

FASTENAL CO annual interest expense for 2022 was $14.3M, a 47.42% increase from 2021.

What was FASTENAL CO's interest expense in 2021?

FASTENAL CO annual interest expense for 2021 was $9.7M, a 0.00% increase from 2020.

What is FASTENAL CO's 5-year interest expense CAGR?

FASTENAL CO interest expense grew at a compound annual growth rate (CAGR) of 3.04% from FY2018 to FY2023, going from $12.6M to $10.8M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-3.0%
FY2018
$12.6M
FY2023
$10.8M
11121314151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$10.8M-24.5%10-K
FY2022$14.3M+47.4%10-K
FY2021$9.7M+0.0%10-K
FY2020$9.7M-30.2%10-K
FY2019$13.9M+10.3%10-K
FY2018$12.6M+38.5%10-K
FY2017$9.1M+40.0%10-K
FY2016$6.5M+109.7%10-K
FY2015$3.1M+238.8%10-K
FY2014$915,000+709.7%10-K
FY2013$113,000-10-K
FY2012$0-10-K
FY2011$0-10-K
Company: FASTENAL COTicker: FASTSector: ConsumerIndustry: Retail-Building Materials, Hardware, Garden SupplyView company profile →