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西联汇款（AFG）与Fastenal（FAST）财务数据对比。点击上方公司名可切换其他公司
西联汇款的季度营收约是Fastenal的1.0倍（$2.1B vs $2.0B），Fastenal净利率更高（14.5% vs 14.5%，领先0.0%），Fastenal同比增速更快（3.5% vs -4.0%），过去两年西联汇款的营收复合增速更高（4.0% vs 2.9%）
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，为全球个人及商业客户提供跨境汇款、支付等多元金融解决方案，在全球绝大多数国家和地区拥有覆盖广泛的服务网络。
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。
AFG vs FAST — 直观对比
营收规模更大
AFG
是对方的1.0倍
$2.0B
营收增速更快
FAST
高出7.5%
-4.0%
净利率更高
FAST
高出0.0%
14.5%
两年增速更快
AFG
近两年复合增速
2.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.0B |
| 净利润 | $299.0M | $293.9M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 18.4% | 18.9% |
| 净利率 | 14.5% | 14.5% |
| 营收同比 | -4.0% | 3.5% |
| 净利润同比 | 17.3% | -1.6% |
| 每股收益（稀释后） | $3.59 | $-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AFGFAST
| Q1 26 | — | $2.0B | ||
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $2.3B | $2.1B | ||
| Q2 25 | $1.9B | $2.1B | ||
| Q1 25 | $1.9B | $2.0B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.4B | $1.9B | ||
| Q2 24 | $1.9B | $1.9B |
净利润AFGFAST
| Q1 26 | — | $293.9M | ||
| Q4 25 | $299.0M | $293.9M | ||
| Q3 25 | $215.0M | $335.5M | ||
| Q2 25 | $174.0M | $330.3M | ||
| Q1 25 | $154.0M | $298.7M | ||
| Q4 24 | $255.0M | $262.1M | ||
| Q3 24 | $181.0M | $298.1M | ||
| Q2 24 | $209.0M | $292.7M |
毛利率AFGFAST
| Q1 26 | — | 44.3% | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.1% | ||
| Q4 24 | — | 44.8% | ||
| Q3 24 | — | 44.9% | ||
| Q2 24 | — | 45.1% |
营业利润率AFGFAST
| Q1 26 | — | 18.9% | ||
| Q4 25 | 18.4% | 18.9% | ||
| Q3 25 | 11.5% | 20.7% | ||
| Q2 25 | 11.9% | 21.0% | ||
| Q1 25 | 10.6% | 20.1% | ||
| Q4 24 | 14.9% | 18.9% | ||
| Q3 24 | 9.7% | 20.3% | ||
| Q2 24 | 14.3% | 20.2% |
净利率AFGFAST
| Q1 26 | — | 14.5% | ||
| Q4 25 | 14.5% | 14.5% | ||
| Q3 25 | 9.2% | 15.7% | ||
| Q2 25 | 9.0% | 15.9% | ||
| Q1 25 | 8.3% | 15.2% | ||
| Q4 24 | 11.9% | 14.4% | ||
| Q3 24 | 7.6% | 15.6% | ||
| Q2 24 | 11.0% | 15.3% |
每股收益（稀释后）AFGFAST
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $3.59 | $-0.01 | ||
| Q3 25 | $2.58 | $0.29 | ||
| Q2 25 | $2.07 | $0.29 | ||
| Q1 25 | $1.84 | $0.52 | ||
| Q4 24 | $3.03 | $0.45 | ||
| Q3 24 | $2.16 | $0.52 | ||
| Q2 24 | $2.49 | $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 | $1.7B | $276.8M |
| 总债务越低越好 | $1.8B | $125.0M |
| 股东权益账面价值 | $4.8B | $3.9B |
| 总资产 | $32.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.38× | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资AFGFAST
| Q1 26 | — | $276.8M | ||
| Q4 25 | $1.7B | $276.8M | ||
| Q3 25 | $1.8B | $288.1M | ||
| Q2 25 | $1.3B | $237.8M | ||
| Q1 25 | $1.3B | $231.8M | ||
| Q4 24 | $1.4B | $255.8M | ||
| Q3 24 | $1.3B | $292.2M | ||
| Q2 24 | $1.1B | $255.5M |
总债务AFGFAST
| Q1 26 | — | $125.0M | ||
| Q4 25 | $1.8B | $125.0M | ||
| Q3 25 | $1.8B | $195.0M | ||
| Q2 25 | $1.5B | $230.0M | ||
| Q1 25 | $1.5B | $200.0M | ||
| Q4 24 | $1.5B | $200.0M | ||
| Q3 24 | $1.5B | $240.0M | ||
| Q2 24 | $1.5B | $235.0M |
股东权益AFGFAST
| Q1 26 | — | $3.9B | ||
| Q4 25 | $4.8B | $3.9B | ||
| Q3 25 | $4.7B | $3.9B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $4.4B | $3.7B | ||
| Q4 24 | $4.5B | $3.6B | ||
| Q3 24 | $4.7B | $3.6B | ||
| Q2 24 | $4.4B | $3.5B |
总资产AFGFAST
| Q1 26 | — | $5.1B | ||
| Q4 25 | $32.6B | $5.1B | ||
| Q3 25 | $33.8B | $5.1B | ||
| Q2 25 | $30.7B | $5.0B | ||
| Q1 25 | $30.3B | $4.9B | ||
| Q4 24 | $30.8B | $4.7B | ||
| Q3 24 | $32.6B | $4.7B | ||
| Q2 24 | $29.9B | $4.6B |
负债/权益比AFGFAST
| Q1 26 | — | 0.03× | ||
| Q4 25 | 0.38× | 0.03× | ||
| Q3 25 | 0.38× | 0.05× | ||
| Q2 25 | 0.33× | 0.06× | ||
| Q1 25 | 0.34× | 0.05× | ||
| Q4 24 | 0.33× | 0.06× | ||
| Q3 24 | 0.31× | 0.07× | ||
| Q2 24 | 0.34× | 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 | $784.0M | $368.2M |
| 自由现金流经营现金流 - 资本支出 | — | $308.2M |
| 自由现金流率自由现金流/营收 | — | 15.2% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 现金转化率经营现金流/净利润 | 2.62× | 1.25× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流AFGFAST
| Q1 26 | — | $368.2M | ||
| Q4 25 | $784.0M | $368.2M | ||
| Q3 25 | $216.0M | $386.9M | ||
| Q2 25 | $191.0M | $278.6M | ||
| Q1 25 | $342.0M | $262.2M | ||
| Q4 24 | $674.0M | $282.8M | ||
| Q3 24 | $459.0M | $296.9M | ||
| Q2 24 | $-88.0M | $258.0M |
自由现金流AFGFAST
| Q1 26 | — | $308.2M | ||
| Q4 25 | — | $308.2M | ||
| Q3 25 | — | $326.6M | ||
| Q2 25 | — | $209.3M | ||
| Q1 25 | — | $206.5M | ||
| Q4 24 | — | $222.6M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $201.9M |
自由现金流率AFGFAST
| Q1 26 | — | 15.2% | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 10.5% |
资本支出强度AFGFAST
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.9% |
现金转化率AFGFAST
| Q1 26 | — | 1.25× | ||
| Q4 25 | 2.62× | 1.25× | ||
| Q3 25 | 1.00× | 1.15× | ||
| Q2 25 | 1.10× | 0.84× | ||
| Q1 25 | 2.22× | 0.88× | ||
| Q4 24 | 2.64× | 1.08× | ||
| Q3 24 | 2.54× | 1.00× | ||
| Q2 24 | -0.42× | 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
AFG
| Property And Casualty Insurance | $2.0B | 96% |
| Other | $83.0M | 4% |
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
