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DoorDash（DASH）与Fastenal（FAST）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是Fastenal的2.0倍（$4.0B vs $2.0B），Fastenal净利率更高（14.5% vs 5.4%，领先9.1%），DoorDash同比增速更快（37.7% vs 3.5%），DoorDash自由现金流更多（$367.0M vs $308.2M），过去两年DoorDash的营收复合增速更高（25.5% vs 2.9%）
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
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。
DASH vs FAST — 直观对比
营收规模更大
DASH
是对方的2.0倍
$2.0B
营收增速更快
DASH
高出34.2%
3.5%
净利率更高
FAST
高出9.1%
5.4%
自由现金流更多
DASH
多$58.8M
$308.2M
两年增速更快
DASH
近两年复合增速
2.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $2.0B |
| 净利润 | $213.0M | $293.9M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 3.7% | 18.9% |
| 净利率 | 5.4% | 14.5% |
| 营收同比 | 37.7% | 3.5% |
| 净利润同比 | 51.1% | -1.6% |
| 每股收益（稀释后） | $0.49 | $-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DASHFAST
| Q1 26 | — | $2.0B | ||
| Q4 25 | $4.0B | $2.0B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.0B | $2.0B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $2.7B | $1.9B | ||
| Q2 24 | $2.6B | $1.9B |
净利润DASHFAST
| Q1 26 | — | $293.9M | ||
| Q4 25 | $213.0M | $293.9M | ||
| Q3 25 | $244.0M | $335.5M | ||
| Q2 25 | $285.0M | $330.3M | ||
| Q1 25 | $193.0M | $298.7M | ||
| Q4 24 | $141.0M | $262.1M | ||
| Q3 24 | $162.0M | $298.1M | ||
| Q2 24 | $-157.0M | $292.7M |
毛利率DASHFAST
| 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DASHFAST
| Q1 26 | — | 18.9% | ||
| Q4 25 | 3.7% | 18.9% | ||
| Q3 25 | 7.5% | 20.7% | ||
| Q2 25 | 5.0% | 21.0% | ||
| Q1 25 | 5.1% | 20.1% | ||
| Q4 24 | 4.1% | 18.9% | ||
| Q3 24 | 4.0% | 20.3% | ||
| Q2 24 | -7.6% | 20.2% |
净利率DASHFAST
| Q1 26 | — | 14.5% | ||
| Q4 25 | 5.4% | 14.5% | ||
| Q3 25 | 7.1% | 15.7% | ||
| Q2 25 | 8.7% | 15.9% | ||
| Q1 25 | 6.4% | 15.2% | ||
| Q4 24 | 4.9% | 14.4% | ||
| Q3 24 | 6.0% | 15.6% | ||
| Q2 24 | -6.0% | 15.3% |
每股收益（稀释后）DASHFAST
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.49 | $-0.01 | ||
| Q3 25 | $0.55 | $0.29 | ||
| Q2 25 | $0.65 | $0.29 | ||
| Q1 25 | $0.44 | $0.52 | ||
| Q4 24 | $0.35 | $0.45 | ||
| Q3 24 | $0.38 | $0.52 | ||
| Q2 24 | $-0.38 | $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 | $4.4B | $276.8M |
| 总债务越低越好 | — | $125.0M |
| 股东权益账面价值 | $10.0B | $3.9B |
| 总资产 | $19.7B | $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DASHFAST
| Q1 26 | — | $276.8M | ||
| Q4 25 | $4.4B | $276.8M | ||
| Q3 25 | $3.3B | $288.1M | ||
| Q2 25 | $3.9B | $237.8M | ||
| Q1 25 | $4.5B | $231.8M | ||
| Q4 24 | $4.0B | $255.8M | ||
| Q3 24 | $3.7B | $292.2M | ||
| Q2 24 | $3.4B | $255.5M |
总债务DASHFAST
| Q1 26 | — | $125.0M | ||
| Q4 25 | — | $125.0M | ||
| Q3 25 | — | $195.0M | ||
| Q2 25 | — | $230.0M | ||
| Q1 25 | — | $200.0M | ||
| Q4 24 | — | $200.0M | ||
| Q3 24 | — | $240.0M | ||
| Q2 24 | — | $235.0M |
股东权益DASHFAST
| Q1 26 | — | $3.9B | ||
| Q4 25 | $10.0B | $3.9B | ||
| Q3 25 | $9.5B | $3.9B | ||
| Q2 25 | $8.9B | $3.8B | ||
| Q1 25 | $8.4B | $3.7B | ||
| Q4 24 | $7.8B | $3.6B | ||
| Q3 24 | $7.6B | $3.6B | ||
| Q2 24 | $7.2B | $3.5B |
总资产DASHFAST
| Q1 26 | — | $5.1B | ||
| Q4 25 | $19.7B | $5.1B | ||
| Q3 25 | $18.0B | $5.1B | ||
| Q2 25 | $16.9B | $5.0B | ||
| Q1 25 | $13.6B | $4.9B | ||
| Q4 24 | $12.8B | $4.7B | ||
| Q3 24 | $12.3B | $4.7B | ||
| Q2 24 | $11.8B | $4.6B |
负债/权益比DASHFAST
| Q1 26 | — | 0.03× | ||
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.06× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 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 | $421.0M | $368.2M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $308.2M |
| 自由现金流率自由现金流/营收 | 9.3% | 15.2% |
| 资本支出强度资本支出/营收 | 1.4% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.98× | 1.25× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $1.2B |
8季度趋势，按日历期对齐
经营现金流DASHFAST
| Q1 26 | — | $368.2M | ||
| Q4 25 | $421.0M | $368.2M | ||
| Q3 25 | $871.0M | $386.9M | ||
| Q2 25 | $504.0M | $278.6M | ||
| Q1 25 | $635.0M | $262.2M | ||
| Q4 24 | $518.0M | $282.8M | ||
| Q3 24 | $531.0M | $296.9M | ||
| Q2 24 | $530.0M | $258.0M |
自由现金流DASHFAST
| Q1 26 | — | $308.2M | ||
| Q4 25 | $367.0M | $308.2M | ||
| Q3 25 | $808.0M | $326.6M | ||
| Q2 25 | $438.0M | $209.3M | ||
| Q1 25 | $561.0M | $206.5M | ||
| Q4 24 | $486.0M | $222.6M | ||
| Q3 24 | $499.0M | $237.5M | ||
| Q2 24 | $507.0M | $201.9M |
自由现金流率DASHFAST
| Q1 26 | — | 15.2% | ||
| Q4 25 | 9.3% | 15.2% | ||
| Q3 25 | 23.4% | 15.3% | ||
| Q2 25 | 13.3% | 10.1% | ||
| Q1 25 | 18.5% | 10.5% | ||
| Q4 24 | 16.9% | 12.2% | ||
| Q3 24 | 18.4% | 12.4% | ||
| Q2 24 | 19.3% | 10.5% |
资本支出强度DASHFAST
| Q1 26 | — | 3.0% | ||
| Q4 25 | 1.4% | 3.0% | ||
| Q3 25 | 1.8% | 2.8% | ||
| Q2 25 | 2.0% | 3.3% | ||
| Q1 25 | 2.4% | 2.8% | ||
| Q4 24 | 1.1% | 3.3% | ||
| Q3 24 | 1.2% | 3.1% | ||
| Q2 24 | 0.9% | 2.9% |
现金转化率DASHFAST
| Q1 26 | — | 1.25× | ||
| Q4 25 | 1.98× | 1.25× | ||
| Q3 25 | 3.57× | 1.15× | ||
| Q2 25 | 1.77× | 0.84× | ||
| Q1 25 | 3.29× | 0.88× | ||
| Q4 24 | 3.67× | 1.08× | ||
| Q3 24 | 3.28× | 1.00× | ||
| Q2 24 | — | 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
DASH
暂无分部数据
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
