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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
09/19/2023 |
$54.81 |
$54.96 |
$54.23 |
$54.80 |
2.42M | 09/20/2023 |
$55.15 |
$55.27 |
$54.25 |
$54.28 |
1.95M | 09/21/2023 |
$54.18 |
$54.55 |
$53.83 |
$54.10 |
2.79M | 09/22/2023 |
$53.99 |
$54.53 |
$53.95 |
$54.21 |
2.08M | 09/25/2023 |
$54.14 |
$54.82 |
$54.14 |
$54.79 |
2.06M |
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Fastenal is engaged in the wholesale distribution of industrial and construction supplies. This includes threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. Most of Co.'s customers are in the manufacturing and non-residential construction markets. The manufacturing market includes sales of products for both original equipment manufacturing, and manufacturing, repair and operations. The non-residential construction market includes general, electrical, plumbing, sheet metal, and road contractors. | |
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Fastenal (FAST) has the following price history information. Looking back at FAST historical stock prices for the last five trading days, on September 19, 2023, FAST opened at $54.81, traded as high as $54.96 and as low as $54.23, and closed at $54.80. Trading volume was a total of 2.42M shares. On September 20, 2023, FAST opened at $55.15, traded as high as $55.27 and as low as $54.25, and closed at $54.28. Trading volume was a total of 1.95M shares. On September 21, 2023, FAST opened at $54.18, traded as high as $54.55 and as low as $53.83, and closed at $54.10. Trading volume was a total of 2.79M shares. On September 22, 2023, FAST opened at $53.99, traded as high as $54.53 and as low as $53.95, and closed at $54.21. Trading volume was a total of 2.08M shares. On September 25, 2023, FAST opened at $54.14, traded as high as $54.82 and as low as $54.14, and closed at $54.79. Trading volume was a total of 2.06M shares.
FAST Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fastenal shares, starting with a $10,000 purchase of FAST, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
09/27/2013 |
|
End date: |
09/25/2023 |
|
Start price/share: |
$25.00 |
|
End price/share: |
$54.79 |
|
Starting shares: |
400.00 |
|
Ending shares: |
520.89 |
|
Dividends reinvested/share: |
$8.88 |
|
Total return: |
185.40% |
|
Average Annual Total Return: |
11.06% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$28,548.07 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
09/27/2013 |
|
End date: |
09/25/2023 |
|
Start price/share: |
$25.00 |
|
End price/share: |
$54.79 |
|
Dividends collected/share: |
$8.88 |
|
Total return: |
154.66% |
|
Average Annual Total Return: |
9.80% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$25,469.67 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
09/19/2023 | $54.80 | 09/20/2023 | $54.28 | 09/21/2023 | $54.10 | 09/22/2023 | $54.21 | 09/25/2023 | $54.79 |
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