---
title: "Fastenal: Competitors"
description: "Fastenal compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/fastenal/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Fastenal: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Fastenal under SIC code 5200 (Retail-Building Materials, Hardware, Garden Supply). Among Swoopr's S&P 500 Equal Weight companies, 4 others share that classification; by latest reported revenue, Fastenal ranks 3 of 5. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Fastenal Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Sherwin-Williams (SHW)](https://www.getswoopr.com/stocks/companies/sherwin-williams/) | $23.6 billion FY2025 | 2.1% | n/a | 10.9% |
| [Tractor Supply (TSCO)](https://www.getswoopr.com/stocks/companies/tractor-supply/) | $15.5 billion FY2025 | 4.3% | 9.5% | 7.1% |
| **Fastenal (FAST)** | $8.2 billion FY2025 | 8.7% | 20.2% | 15.3% |
| [GrowGeneration Corp. (GRWG)](https://www.getswoopr.com/stocks/companies/growgeneration-corp/) | $162 million FY2025 | -14.4% | -15.8% | -14.9% |
| [iPower Inc. (IPW)](https://www.getswoopr.com/stocks/companies/ipower-inc/) | $63 million FY2025 | -26.5% | -10.0% | -7.9% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Fastenal and 3 peers: Tractor Supply (TSCO) 9.5%, Fastenal (FAST) 20.2%, GrowGeneration Corp. (GRWG) -15.8%, iPower Inc. (IPW) -10.0%.](https://www.getswoopr.com/images/charts/fastenal-competitors-peer-margins.webp)
*Operating margin of Fastenal against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Fastenal Rank Among All SEC Filers in Its Industry Code?

5 companies with annual reports in Swoopr's SEC dataset share SIC code 5200 (Retail-Building Materials, Hardware, Garden Supply), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Fastenal | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $8.2 billion | $8.2 billion | 3 of 5 |
| Revenue growth | 8.7% | 2.1% | 1 of 5 |
| Net margin | 15.3% | 7.1% | 1 of 5 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Fastenal reported in its own SEC filings, read from the SEC's XBRL data (accession 0000815556-26-000009 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Fastenal's competitors?

Companies sharing Fastenal's SEC classification (SIC code 5200 (Retail-Building Materials, Hardware, Garden Supply)) include Sherwin-Williams (SHW), Tractor Supply (TSCO), GrowGeneration Corp. (GRWG), iPower Inc. (IPW). Its 10-K names the competitors it considers most relevant.

### How does Fastenal compare with its peers on margins?

Fastenal's fiscal 2025 operating margin was 20.2%, against a peer median of -10.0%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Fastenal rank among all companies in its SEC industry?

Among 5 SEC filers under SIC code 5200, Fastenal ranks 3 by latest revenue.

## References

- [SEC EDGAR: FASTENAL CO Form 10-K filed February 5, 2026](https://www.sec.gov/Archives/edgar/data/815556/000081555626000009/fast-20251231.htm)
- [SEC EDGAR: FASTENAL CO annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=815556&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Fastenal company dossier](https://www.getswoopr.com/stocks/companies/fastenal/)
- [Fastenal financial metrics](https://www.getswoopr.com/stocks/companies/fastenal/metrics/)
- [Fastenal financial risk indicators](https://www.getswoopr.com/stocks/companies/fastenal/risks/)
- [Fastenal peer comparison](https://www.getswoopr.com/stocks/companies/fastenal/competitors/)
- [Fastenal business model and revenue mix](https://www.getswoopr.com/stocks/companies/fastenal/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
