Fool by Numbers: Fastenal Q2 2005

Fastenal (Nasdaq: FAST) released earnings for the period ended June 30, 2005, on July 13.

• EPS of $0.59 beat analysts' estimates.
• Fastenal opened 136 new sites for the first half of fiscal 2005.

Income Statement Highlights (What's this?)

	Avg. Est.	Q2 2005	Q2 2004	% Change
Sales	$381,810	$383,263	$310,143	+23.6%
Net Profit	--	$44,647	$34,832	+28.2%
EPS	$0.57	$0.59	$0.46	+28.3%

(Figures in thousands, except per-share data)

Margin Checkup (What's this?)

	Q2 2005	Q2 2004	% Change
Gross Margin	50.57%	50.69%	-0.12%
Op. Margin	18.72%	18.02%	+0.69%
Net Margin	11.65%	11.23%	+0.42%

(Figures in thousands, except per-share data)

Balance Sheet Highlights (What's this?)

Assets	Q2 2005	Q2 2004	% Change
Cash+ ST Invest.	$41,893	$62,357	-32.8%
Inventory	$333,504	$262,032	+27.3%
Accounts Rec.	$195,124	$163,946	+19.0%

Liabilities	Q2 2005	Q2 2004	% Change
Long-Term Debt	$-	$-	N/A
Accounts Pay.	$43,553	$48,261	-9.8%

(Figures in thousands, except per-share data)

Cash Flow Highlights (What's this?)

	Q2 2005	Q2 2004	% Change
Cash From Ops	$53,504	$35,839	+49.3%
Capital Expend.	$28,116	$23,015	+22.2%
Free Cash Flow	$25,388	$12,824	+98.0%

(Figures in thousands, except per-share data)

Related Companies:

• Home Depot (NYSE: HD)
• Lowe's (NYSE: LOW)

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• Make sure you buy the right kind of cheap.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

At the time of publication, Seth Jayson had positions in no company mentioned here. Fool rules are here.