write a foot note on this. The proportion of SG&A expenses to sales fluctuates, notably dropping in Year $2.$ However, Fastenal's ability to increase pretax income and net income amidst these fluctuations demonstrates strong financial discipline.

Net income and EPS as percentages of sales highlight Fastenal's financial stability. These metrics indicate the company consistently converts a significant portion of revenue into profits, benefiting shareholders.

In conclusion, Fastenal's financial trends over five years depict steady growth with effective cost management. The common$-$size analysis confirms operational stability and efficiency, showcasing the company's capacity to maintain healthy margins despite cost variability. Strong growth in key profitability metrics like net income and EPS signals financial strength and future growth potential, instilling confidence in its long$-$term prospects.

Financial Trends and Stability Analysis of Fastenal

Analyzing Fastenal$$s financial trends provides a comprehensive view of the company's performance and stability. By comparing these trends with common$-$size analysis results, we gain insights into revenue growth, cost management, and overall profitability. This approach reveals how effectively Fastenal translates revenue into profit and manages its costs over time.

Sales Growth and Revenue Analysis

Fastenal's revenue growth over recent years reflects a positive trend, indicating robust performance in its market. The sales figures have increased from $$6\mathrm{.}01$ billion to $$7\mathrm{.}35$ billion,