vs
美国鹰（AEO）与Fastenal（FAST）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是美国鹰的1.5倍（$2.0B vs $1.4B），Fastenal净利率更高（14.5% vs 6.7%，领先7.8%），美国鹰同比增速更快（5.7% vs 3.5%），Fastenal自由现金流更多（$308.2M vs $-2.5M），过去两年Fastenal的营收复合增速更高（2.9% vs 2.3%）
American Eagle Outfitters是美国知名服饰及配饰零售商，总部位于宾夕法尼亚州匹兹堡市南区工业园。品牌1977年由杰里·西尔弗曼与马克·西尔弗曼兄弟创立，最初为零售风险投资公司的子公司，旗下还运营西尔弗曼男装。1980年创始人向肖滕斯坦家族出售一半股权，1991年售罄剩余股份，目前旗下拥有Aerie、Unsubscribed等多个品牌。
Fastenal是1967年成立的美国上市企业，总部位于明尼苏达州威诺纳，是北美最大的紧固件分销商，同时也是工业和建筑用品的主流供应商，可提供货柜备货、智能售货柜、库存管理、物流配送等一站式供应链解决方案。
AEO vs FAST — 直观对比
营收规模更大
FAST
是对方的1.5倍
$1.4B
营收增速更快
AEO
高出2.2%
3.5%
净利率更高
FAST
高出7.8%
6.7%
自由现金流更多
FAST
多$310.7M
$-2.5M
两年增速更快
FAST
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.0B |
| 净利润 | $91.3M | $293.9M |
| 毛利率 | 40.5% | 44.3% |
| 营业利润率 | 8.3% | 18.9% |
| 净利率 | 6.7% | 14.5% |
| 营收同比 | 5.7% | 3.5% |
| 净利润同比 | 14.2% | -1.6% |
| 每股收益（稀释后） | $0.53 | $-0.01 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AEOFAST
| Q1 26 | — | $2.0B | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $1.9B | ||
| Q2 24 | $1.1B | $1.9B |
净利润AEOFAST
| Q1 26 | — | $293.9M | ||
| Q4 25 | $91.3M | $293.9M | ||
| Q3 25 | $77.6M | $335.5M | ||
| Q2 25 | $-64.9M | $330.3M | ||
| Q1 25 | — | $298.7M | ||
| Q4 24 | $80.0M | $262.1M | ||
| Q3 24 | $77.3M | $298.1M | ||
| Q2 24 | $67.8M | $292.7M |
毛利率AEOFAST
| Q1 26 | — | 44.3% | ||
| Q4 25 | 40.5% | 44.3% | ||
| Q3 25 | 38.9% | 45.3% | ||
| Q2 25 | 29.6% | 45.3% | ||
| Q1 25 | — | 45.1% | ||
| Q4 24 | 40.9% | 44.8% | ||
| Q3 24 | 38.6% | 44.9% | ||
| Q2 24 | 40.6% | 45.1% |
营业利润率AEOFAST
| Q1 26 | — | 18.9% | ||
| Q4 25 | 8.3% | 18.9% | ||
| Q3 25 | 8.0% | 20.7% | ||
| Q2 25 | -7.8% | 21.0% | ||
| Q1 25 | — | 20.1% | ||
| Q4 24 | 8.2% | 18.9% | ||
| Q3 24 | 7.8% | 20.3% | ||
| Q2 24 | 6.8% | 20.2% |
净利率AEOFAST
| Q1 26 | — | 14.5% | ||
| Q4 25 | 6.7% | 14.5% | ||
| Q3 25 | 6.0% | 15.7% | ||
| Q2 25 | -6.0% | 15.9% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | 6.2% | 14.4% | ||
| Q3 24 | 6.0% | 15.6% | ||
| Q2 24 | 5.9% | 15.3% |
每股收益（稀释后）AEOFAST
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.53 | $-0.01 | ||
| Q3 25 | $0.45 | $0.29 | ||
| Q2 25 | $-0.36 | $0.29 | ||
| Q1 25 | — | $0.52 | ||
| Q4 24 | $0.41 | $0.45 | ||
| Q3 24 | $0.39 | $0.52 | ||
| Q2 24 | $0.34 | $0.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $112.8M | $276.8M |
| 总债务越低越好 | — | $125.0M |
| 股东权益账面价值 | $1.6B | $3.9B |
| 总资产 | $4.2B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资AEOFAST
| Q1 26 | — | $276.8M | ||
| Q4 25 | $112.8M | $276.8M | ||
| Q3 25 | $126.8M | $288.1M | ||
| Q2 25 | $87.9M | $237.8M | ||
| Q1 25 | — | $231.8M | ||
| Q4 24 | $160.2M | $255.8M | ||
| Q3 24 | $191.8M | $292.2M | ||
| Q2 24 | $300.5M | $255.5M |
总债务AEOFAST
| Q1 26 | — | $125.0M | ||
| Q4 25 | — | $125.0M | ||
| Q3 25 | — | $195.0M | ||
| Q2 25 | — | $230.0M | ||
| Q1 25 | — | $200.0M | ||
| Q4 24 | $0 | $200.0M | ||
| Q3 24 | $0 | $240.0M | ||
| Q2 24 | $0 | $235.0M |
股东权益AEOFAST
| Q1 26 | — | $3.9B | ||
| Q4 25 | $1.6B | $3.9B | ||
| Q3 25 | $1.5B | $3.9B | ||
| Q2 25 | $1.5B | $3.8B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $1.7B | $3.6B | ||
| Q3 24 | $1.7B | $3.6B | ||
| Q2 24 | $1.8B | $3.5B |
总资产AEOFAST
| Q1 26 | — | $5.1B | ||
| Q4 25 | $4.2B | $5.1B | ||
| Q3 25 | $4.1B | $5.1B | ||
| Q2 25 | $3.8B | $5.0B | ||
| Q1 25 | — | $4.9B | ||
| Q4 24 | $3.7B | $4.7B | ||
| Q3 24 | $3.5B | $4.7B | ||
| Q2 24 | $3.6B | $4.6B |
负债/权益比AEOFAST
| Q1 26 | — | 0.03× | ||
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | 0.00× | 0.06× | ||
| Q3 24 | 0.00× | 0.07× | ||
| Q2 24 | 0.00× | 0.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $67.1M | $368.2M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $308.2M |
| 自由现金流率自由现金流/营收 | -0.2% | 15.2% |
| 资本支出强度资本支出/营收 | 5.1% | 3.0% |
| 现金转化率经营现金流/净利润 | 0.74× | 1.25× |
| 过去12个月自由现金流最近4个季度 | $-169.8M | $1.2B |
8季度趋势，按日历期对齐
经营现金流AEOFAST
| Q1 26 | — | $368.2M | ||
| Q4 25 | $67.1M | $368.2M | ||
| Q3 25 | $27.8M | $386.9M | ||
| Q2 25 | $-54.7M | $278.6M | ||
| Q1 25 | — | $262.2M | ||
| Q4 24 | $52.9M | $282.8M | ||
| Q3 24 | $78.3M | $296.9M | ||
| Q2 24 | $-38.1M | $258.0M |
自由现金流AEOFAST
| Q1 26 | — | $308.2M | ||
| Q4 25 | $-2.5M | $308.2M | ||
| Q3 25 | $-43.1M | $326.6M | ||
| Q2 25 | $-116.3M | $209.3M | ||
| Q1 25 | — | $206.5M | ||
| Q4 24 | $-7.8M | $222.6M | ||
| Q3 24 | $17.5M | $237.5M | ||
| Q2 24 | $-74.3M | $201.9M |
自由现金流率AEOFAST
| Q1 26 | — | 15.2% | ||
| Q4 25 | -0.2% | 15.2% | ||
| Q3 25 | -3.4% | 15.3% | ||
| Q2 25 | -10.7% | 10.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | -0.6% | 12.2% | ||
| Q3 24 | 1.4% | 12.4% | ||
| Q2 24 | -6.5% | 10.5% |
资本支出强度AEOFAST
| Q1 26 | — | 3.0% | ||
| Q4 25 | 5.1% | 3.0% | ||
| Q3 25 | 5.5% | 2.8% | ||
| Q2 25 | 5.7% | 3.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | 4.7% | 3.3% | ||
| Q3 24 | 4.7% | 3.1% | ||
| Q2 24 | 3.2% | 2.9% |
现金转化率AEOFAST
| Q1 26 | — | 1.25× | ||
| Q4 25 | 0.74× | 1.25× | ||
| Q3 25 | 0.36× | 1.15× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | 0.66× | 1.08× | ||
| Q3 24 | 1.01× | 1.00× | ||
| Q2 24 | -0.56× | 0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AEO
| American Eagle Brand | $800.4M | 59% |
| Aerie Brand | $429.1M | 31% |
| Other | $133.2M | 10% |
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
