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Side-by-side financial comparison of Fastenal (FAST) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
Fastenal is the larger business by last-quarter revenue ($2.0B vs $1.8B, roughly 1.1× F&G Annuities & Life, Inc.). Fastenal runs the higher net margin — 14.5% vs 7.3%, a 7.2% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 3.5%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 2.9%).
Fastenal Company is an American publicly traded company based in Winona, Minnesota, founded in 1967. Fastenal is a major distributor of industrial and construction supplies, and the largest fastener distributor in North America. Fastenal provides supply chain solutions including bin stock, vending machines, inventory management, and logistics services.
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
FAST vs FG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.8B |
| Net Profit | $293.9M | $128.0M |
| Gross Margin | 44.3% | — |
| Operating Margin | 18.9% | — |
| Net Margin | 14.5% | 7.3% |
| Revenue YoY | 3.5% | 13.2% |
| Net Profit YoY | -1.6% | -60.9% |
| EPS (diluted) | $-0.01 | $0.97 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.0B | $908.0M | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.9B | $1.4B | ||
| Q2 24 | $1.9B | $1.2B |
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $128.0M | ||
| Q3 25 | $335.5M | $118.0M | ||
| Q2 25 | $330.3M | $40.0M | ||
| Q1 25 | $298.7M | $-21.0M | ||
| Q4 24 | $262.1M | $327.0M | ||
| Q3 24 | $298.1M | $-6.0M | ||
| Q2 24 | $292.7M | $203.0M |
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | — | ||
| Q3 25 | 45.3% | — | ||
| Q2 25 | 45.3% | — | ||
| Q1 25 | 45.1% | — | ||
| Q4 24 | 44.8% | — | ||
| Q3 24 | 44.9% | — | ||
| Q2 24 | 45.1% | — |
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 20.1% | — | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 20.2% | — |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 7.3% | ||
| Q3 25 | 15.7% | 7.0% | ||
| Q2 25 | 15.9% | 2.9% | ||
| Q1 25 | 15.2% | -2.3% | ||
| Q4 24 | 14.4% | 21.0% | ||
| Q3 24 | 15.6% | -0.4% | ||
| Q2 24 | 15.3% | 17.3% |
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $0.97 | ||
| Q3 25 | $0.29 | $0.85 | ||
| Q2 25 | $0.29 | $0.26 | ||
| Q1 25 | $0.52 | $-0.20 | ||
| Q4 24 | $0.45 | $2.53 | ||
| Q3 24 | $0.52 | $-0.08 | ||
| Q2 24 | $0.51 | $1.55 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $276.8M | $1.5B |
| Total DebtLower is stronger | $125.0M | $2.2B |
| Stockholders' EquityBook value | $3.9B | $4.8B |
| Total Assets | $5.1B | $98.4B |
| Debt / EquityLower = less leverage | 0.03× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $1.5B | ||
| Q3 25 | $288.1M | $2.2B | ||
| Q2 25 | $237.8M | $1.9B | ||
| Q1 25 | $231.8M | $3.3B | ||
| Q4 24 | $255.8M | $2.3B | ||
| Q3 24 | $292.2M | $3.5B | ||
| Q2 24 | $255.5M | $3.5B |
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $2.2B | ||
| Q3 25 | $195.0M | $2.2B | ||
| Q2 25 | $230.0M | $2.2B | ||
| Q1 25 | $200.0M | $2.2B | ||
| Q4 24 | $200.0M | $2.2B | ||
| Q3 24 | $240.0M | $2.0B | ||
| Q2 24 | $235.0M | $2.0B |
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $4.8B | ||
| Q3 25 | $3.9B | $4.8B | ||
| Q2 25 | $3.8B | $4.4B | ||
| Q1 25 | $3.7B | $4.4B | ||
| Q4 24 | $3.6B | $4.0B | ||
| Q3 24 | $3.6B | $4.3B | ||
| Q2 24 | $3.5B | $3.7B |
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $98.4B | ||
| Q3 25 | $5.1B | $96.1B | ||
| Q2 25 | $5.0B | $91.8B | ||
| Q1 25 | $4.9B | $88.0B | ||
| Q4 24 | $4.7B | $85.0B | ||
| Q3 24 | $4.7B | $84.1B | ||
| Q2 24 | $4.6B | $78.5B |
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 0.47× | ||
| Q3 25 | 0.05× | 0.46× | ||
| Q2 25 | 0.06× | 0.50× | ||
| Q1 25 | 0.05× | 0.51× | ||
| Q4 24 | 0.06× | 0.55× | ||
| Q3 24 | 0.07× | 0.47× | ||
| Q2 24 | 0.07× | 0.56× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $368.2M | $1.2B |
| Free Cash FlowOCF − Capex | $308.2M | — |
| FCF MarginFCF / Revenue | 15.2% | — |
| Capex IntensityCapex / Revenue | 3.0% | — |
| Cash ConversionOCF / Net Profit | 1.25× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $1.2B | ||
| Q3 25 | $386.9M | $937.0M | ||
| Q2 25 | $278.6M | $1.6B | ||
| Q1 25 | $262.2M | $956.0M | ||
| Q4 24 | $282.8M | $1.3B | ||
| Q3 24 | $296.9M | $2.1B | ||
| Q2 24 | $258.0M | $1.1B |
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | — | ||
| Q3 25 | $326.6M | — | ||
| Q2 25 | $209.3M | — | ||
| Q1 25 | $206.5M | — | ||
| Q4 24 | $222.6M | — | ||
| Q3 24 | $237.5M | — | ||
| Q2 24 | $201.9M | — |
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | — | ||
| Q3 25 | 15.3% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 10.5% | — |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 2.9% | — |
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 9.13× | ||
| Q3 25 | 1.15× | 7.94× | ||
| Q2 25 | 0.84× | 40.50× | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 1.08× | 4.04× | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.88× | 5.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
FG
Segment breakdown not available.
