Daniel Florness - Fastenal CEO and President and Director
| FAST Stock | USD 83.71 0.39 0.46% |
CEO
Mr. Daniel L. Florness is President, Chief Executive Officer, Director of the Company. He began his career at Fastenal in 1996, and served as the company chief financial officer from June 1996 to December 2002, and as an executive vice president and the chief financial officer of the company from December 2002 to December 2015. During his time as chief financial officer, Mr. Florness experience with the company expanded beyond finance, including leadership of product development and procurement, a portion of our manufacturing division, and, in later years, our national accounts business. In his role as president and chief executive officer, Mr. Florness provides the board with critical input on the development and implementation of high level strategies for the company and on the overall operations and resources of the company. In addition, his long prior tenure as chief financial officer makes Mr. Florness uniquely situated to provide the board with indepth insight into the company financial planning, internal controls, and regulatory compliance since 2016.
| Age | 61 |
| Tenure | 8 years |
| Address | 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500 |
| Phone | 507 454 5374 |
| Web | https://www.fastenal.com |
Daniel Florness Latest Insider Activity
Tracking and analyzing the buying and selling activities of Daniel Florness against Fastenal stock is an integral part of due diligence when investing in Fastenal. Daniel Florness insider activity provides valuable insight into whether Fastenal is net buyers or sellers over its current business cycle. Note, Fastenal insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fastenal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Daniel Florness over two weeks ago Disposition of 31818 shares by Daniel Florness of Fastenal at 27.5 subject to Rule 16b-3 | ||
Daniel Florness over two months ago Disposition of 45744 shares by Daniel Florness of Fastenal at 23.5 subject to Rule 16b-3 | ||
Daniel Florness over two months ago Disposition of 50000 shares by Daniel Florness of Fastenal at 23.5 subject to Rule 16b-3 | ||
Daniel Florness over three months ago Disposition of 45744 shares by Daniel Florness of Fastenal at 23.5 subject to Rule 16b-3 |
Fastenal Management Efficiency
The company has return on total asset (ROA) of 0.2034 % which means that it generated a profit of $0.2034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.327 %, meaning that it created $0.327 on every $100 dollars invested by stockholders. Fastenal's management efficiency ratios could be used to measure how well Fastenal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.16 in 2024. Return On Capital Employed is likely to drop to 0.40 in 2024. At this time, Fastenal's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.7 B in 2024, despite the fact that Change To Liabilities is likely to grow to (38.1 M).Similar Executives
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| Neil Schrimsher | Applied Industrial Technologies | 60 | |
| Kevin Murphy | Ferguson Plc | 54 | |
| Erik Gershwind | MSC Industrial Direct | 53 | |
| Stephen LeClair | Core Main | 55 | |
Management Performance
Fastenal Leadership Team
Elected by the shareholders, the Fastenal's board of directors comprises two types of representatives: Fastenal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fastenal. The board's role is to monitor Fastenal's management team and ensure that shareholders' interests are well served. Fastenal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fastenal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Terry Owen, Executive Vice President – E-Business | ||
| John Soderberg, Executive Vice President – Sales Operations & Support | ||
| William Drazkowski, Executive Vice President – National Accounts Sales | ||
| Noelle JD, Executive Resources | ||
| Holden Lewis, CFO, Executive Vice President | ||
| James Jansen, Executive Vice President - Operations | ||
| Taylor Oborski, Financial Accountant | ||
| Charles Miller, Executive Vice President - Sales | ||
| Ellen Stolts, Financial Mang | ||
| Daniel Florness, CEO and President and Director | ||
| Jeffery Watts, Executive Vice President – International | ||
| John Milek, VP Counsel | ||
| Sheryl Lisowski, Chief Accounting Officer and Controller | ||
| Donnalee Papenfuss, Executive Communications | ||
| Reyne Wisecup, Executive VP of HR and Director | ||
| Anthony Broersma, Executive Operations |
Fastenal Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fastenal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 48.41 B | ||||
| Shares Outstanding | 572.89 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 85.11 % | ||||
| Number Of Shares Shorted | 12.78 M | ||||
| Price To Earning | 28.13 X |
Thematic Opportunities
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Additional Tools for Fastenal Stock Analysis
When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.