<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Consolidated Balance Sheet and Consolidated Statement of Earnings of Fastenal Company and Subsidiaries as of, and for the three months ended, March 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 418,000 <SECURITIES> 0<F1> <RECEIVABLES> 67,881,000 <ALLOWANCES> 710,000 <INVENTORY> 82,129,000 <CURRENT-ASSETS> 157,602,000 <PP&E> 89,070,000 <DEPRECIATION> 29,865,000 <TOTAL-ASSETS> 220,678,000 <CURRENT-LIABILITIES> 41,519,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 379,000 <OTHER-SE> 177,131,000 <TOTAL-LIABILITY-AND-EQUITY> 220,678,000 <SALES> 116,707,000 <TOTAL-REVENUES> 116,707,000 <CGS> 55,112,000 <TOTAL-COSTS> 55,112,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 491,000 <INTEREST-EXPENSE> 299,000 <INCOME-PRETAX> 20,150,000 <INCOME-TAX> 7,764,000 <INCOME-CONTINUING> 12,386,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,386,000 <EPS-PRIMARY> .33 <EPS-DILUTED> .33 <FN> <F1>Marketable securities in the amount of 265,000 have been classified as non-current assets on the Consolidated Balance Sheet of Fastenal Company and Subsidiaries as of March 31, 1998. </FN>