1、REPORTANNUAL20182018 ANNUAL REPORT2018 ANNUAL REPORTTABLE OF CONTENTS1-3Letter to Shareholders4-510-Year Selected Financial Data&Financial Highlights6Stock and Financial Data7Stock Performance Highlights8Providing Value Beyond the ProductINSIDE BACK COVERDirectorsExecutive OfficersCorporate Informat
2、ionCOUNTRIES WITH IN-MARKET LOCATIONS26GLANCEFASTENALAT A$5.0 BILLIONNET SALESNET EARNINGS$751.9 MILLIONFASTENAL SCHOOL OF BUSINESS COURSE COMPLETIONS434,000+ORDERS PROCESSED41 MILLIONEmpty Bins894ONSITE LOCATIONSEMPLOYEE SAFETY COACHING,TRAINING,&INSPECTION EVENTS142,000+ACTIVE BIN STOCKS61,000+850
3、POUNDS DELIVEREDMILLION148 MILLION MILES DRIVEN$1.3 BILLIONINVENTORY VALUEOF NATIONAL ACCOUNT CUSTOMERS UTILIZE E-COMMERCE FOR APORTION OF THEIR SPENDVENDING MACHINES INSTALLED96,000+(81,000+PRODUCT REVENUE DEVICES&15,000 LEASED CHECK-IN/CHECK-OUT LOCKERS)2,227BRANCHES21,644EMPLOYEES65%2018 ANNUAL R
4、EPORT1 1LETTER TO SHAREHOLDERSThank you for being a shareholder of Fastenal.We operate a simple business model at Fastenal,and we limit our priorities to just four things:our customers,our employees,our suppliers,and our shareholders.The situation determines the ranking of these four priorities.In m
5、ost situations,customers and employees occupy the first two spots and suppliers and shareholders fill in the last two.We believe this prioritization benefits you,our shareholder,because we are at our best when we focus on our customers and those who serve them.We also take every opportunity to thank
6、 each constituent thank you for being a shareholder of Fastenal.We approach these four priorities with a long-term perspective and a short-term edge.The long-term perspective builds a more durable business,and the short-term edge maintains our sense of urgency.That said,we sincerely hope you view Fa