Fastenal(US:FAST)2025-01-17 16:06Financial Performance - The company's Q4 2024 earnings per share (EPS) was $0.46, a decrease of 1.9% compared to Q4 2023[8] - The daily sales rate (DSR) growth for Q4 2024 was 2.1%[8,21] - The gross profit margin decreased to 44.8% in Q4 2024 from 45.5% in Q4 2023[26] - The operating margin decreased to 18.9% in Q4 2024 from 20.1% in Q4 2023[26] - Operating cash flow (OCF) in Q4 2024 was $282.8 million, representing 107.9% of net income[30] Growth Drivers - Onsite signings in Q4 2024 numbered 56, with active sites reaching 2,031, a 11.5% increase from Q4 2023[15] - The company signed 6,790 weighted FMI (Fastenal Managed Inventory) devices in Q4 2024, compared to 5,462 in Q4 2023[16] - The installed base of weighted FMI devices reached 126,957, a 12.2% increase from Q4 2023[16] - Sales through the company's digital footprint (FMI technology plus non-FMI-related eBusiness) accounted for 62.2% of total sales in Q4 2024, compared to 58.1% in Q4 2023[17]