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Stock Comparison · Structural lead, mixed market

Fastenal Company vs Lincoln Electric Holdings: Which Stock Looks Stronger in 2026?

Fastenal Company leads structurally, with profitability as the clearest single gap between the two profiles. Lincoln Electric still has the edge on valuation, which keeps the comparison from looking entirely one-sided. In the market, Lincoln Electric carries the stronger setup — intact trend against Fastenal Company's broken trend. That leaves a split case: the structural lead stays with Fastenal Company, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

The clearest score difference appears in profitability.

Trajectory Similarity
0.81
Similar
Peer-set rank: #2
within Fastenal Company's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

The strongest overlap appears in margin consistency and investment intensity.

Similarity drivers
margin consistencyinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
FAST
Fastenal Company
66
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
LECO
Lincoln Electric Holdings, Inc.
59
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: FAST vs LECO Profitability 84 52 Stability 66 57 Valuation 45 64 Growth 69 63 FAST LECO
Gap Ranking
#1 Profitability +32
#2 Valuation +19
#3 Stability +9
#4 Growth +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FAST and LECO Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FASTLECO Relative valuation Structural strength

Fastenal Company is stronger, but the price setup still looks more supportive for Lincoln Electric Holdings, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where FAST and LECO each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY FAST Elevated · above norm 0th 50th 100th 7 pct gap LECO Elevated · above norm 0th 50th 100th 89th 96th
FAST (89th percentile) and LECO (96th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but Fastenal Company leads clearly.
Valuation
On valuation, the same pattern holds: both rank well, but Lincoln Electric Holdings, Inc. still sits higher.
Profitability — Dominant Gap
FAST
84
LECO
52
Gap+32in favour of FAST

Capital efficiency adds support, with a 9.2-point ROIC advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Lincoln Electric, with a forward P/E that is 10 turns lower there.

What this means for the comparison

The structural lead holds, but valuation runs the other way and the price setup still favours Lincoln Electric Holdings, Inc. — the result is clear, not clean.

Explore full peer positioning in AssetNext

Break down the FAST vs LECO comparison across all dimensions with the full interactive tool.

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Similar profitability-and-valuation comparisons

Explore how FAST and LECO each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.