vs
Fastenal（FAST）与Fabrinet（FN）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Fabrinet的1.8倍（$2.0B vs $1.1B），Fastenal净利率更高（14.5% vs 9.9%，领先4.6%），Fabrinet同比增速更快（35.9% vs 3.5%），Fastenal自由现金流更多（$308.2M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 2.9%）
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。
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
FAST vs FN — 直观对比
营收规模更大
FAST
是对方的1.8倍
$1.1B
营收增速更快
FN
高出32.4%
3.5%
净利率更高
FAST
高出4.6%
9.9%
自由现金流更多
FAST
多$313.5M
$-5.3M
两年增速更快
FN
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.1B |
| 净利润 | $293.9M | $112.6M |
| 毛利率 | 44.3% | 12.2% |
| 营业利润率 | 18.9% | 10.1% |
| 净利率 | 14.5% | 9.9% |
| 营收同比 | 3.5% | 35.9% |
| 净利润同比 | -1.6% | 30.0% |
| 每股收益（稀释后） | $-0.01 | $3.11 |
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FASTFN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.1B | $978.1M | ||
| Q2 25 | $2.1B | $909.7M | ||
| Q1 25 | $2.0B | $871.8M | ||
| Q4 24 | $1.8B | $833.6M | ||
| Q3 24 | $1.9B | $804.2M | ||
| Q2 24 | $1.9B | $753.3M |
净利润FASTFN
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $112.6M | ||
| Q3 25 | $335.5M | $95.9M | ||
| Q2 25 | $330.3M | $87.2M | ||
| Q1 25 | $298.7M | $81.3M | ||
| Q4 24 | $262.1M | $86.6M | ||
| Q3 24 | $298.1M | $77.4M | ||
| Q2 24 | $292.7M | $81.1M |
毛利率FASTFN
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 12.2% | ||
| Q3 25 | 45.3% | 11.9% | ||
| Q2 25 | 45.3% | 12.2% | ||
| Q1 25 | 45.1% | 11.7% | ||
| Q4 24 | 44.8% | 12.1% | ||
| Q3 24 | 44.9% | 12.3% | ||
| Q2 24 | 45.1% | 12.3% |
营业利润率FASTFN
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 10.1% | ||
| Q3 25 | 20.7% | 9.6% | ||
| Q2 25 | 21.0% | 9.8% | ||
| Q1 25 | 20.1% | 9.0% | ||
| Q4 24 | 18.9% | 9.5% | ||
| Q3 24 | 20.3% | 9.6% | ||
| Q2 24 | 20.2% | 9.7% |
净利率FASTFN
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 9.9% | ||
| Q3 25 | 15.7% | 9.8% | ||
| Q2 25 | 15.9% | 9.6% | ||
| Q1 25 | 15.2% | 9.3% | ||
| Q4 24 | 14.4% | 10.4% | ||
| Q3 24 | 15.6% | 9.6% | ||
| Q2 24 | 15.3% | 10.8% |
每股收益（稀释后）FASTFN
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $3.11 | ||
| Q3 25 | $0.29 | $2.66 | ||
| Q2 25 | $0.29 | $2.41 | ||
| Q1 25 | $0.52 | $2.25 | ||
| Q4 24 | $0.45 | $2.38 | ||
| Q3 24 | $0.52 | $2.13 | ||
| Q2 24 | $0.51 | $2.22 |
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 | $276.8M | $960.8M |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $2.2B |
| 总资产 | $5.1B | $3.3B |
| 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FASTFN
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $960.8M | ||
| Q3 25 | $288.1M | $968.8M | ||
| Q2 25 | $237.8M | $934.2M | ||
| Q1 25 | $231.8M | $950.7M | ||
| Q4 24 | $255.8M | $934.6M | ||
| Q3 24 | $292.2M | $908.9M | ||
| Q2 24 | $255.5M | $858.6M |
总债务FASTFN
| 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FASTFN
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $2.2B | ||
| Q3 25 | $3.9B | $2.1B | ||
| Q2 25 | $3.8B | $2.0B | ||
| Q1 25 | $3.7B | $1.9B | ||
| Q4 24 | $3.6B | $1.8B | ||
| Q3 24 | $3.6B | $1.8B | ||
| Q2 24 | $3.5B | $1.7B |
总资产FASTFN
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $3.3B | ||
| Q3 25 | $5.1B | $3.0B | ||
| Q2 25 | $5.0B | $2.8B | ||
| Q1 25 | $4.9B | $2.6B | ||
| Q4 24 | $4.7B | $2.5B | ||
| Q3 24 | $4.7B | $2.4B | ||
| Q2 24 | $4.6B | $2.3B |
负债/权益比FASTFN
| 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 | $368.2M | $46.3M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $-5.3M |
| 自由现金流率自由现金流/营收 | 15.2% | -0.5% |
| 资本支出强度资本支出/营收 | 3.0% | 4.6% |
| 现金转化率经营现金流/净利润 | 1.25× | 0.41× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $102.3M |
8季度趋势，按日历期对齐
经营现金流FASTFN
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $46.3M | ||
| Q3 25 | $386.9M | $102.6M | ||
| Q2 25 | $278.6M | $55.1M | ||
| Q1 25 | $262.2M | $74.2M | ||
| Q4 24 | $282.8M | $115.9M | ||
| Q3 24 | $296.9M | $83.2M | ||
| Q2 24 | $258.0M | $83.1M |
自由现金流FASTFN
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $-5.3M | ||
| Q3 25 | $326.6M | $57.3M | ||
| Q2 25 | $209.3M | $4.7M | ||
| Q1 25 | $206.5M | $45.7M | ||
| Q4 24 | $222.6M | $94.0M | ||
| Q3 24 | $237.5M | $62.9M | ||
| Q2 24 | $201.9M | $70.4M |
自由现金流率FASTFN
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | -0.5% | ||
| Q3 25 | 15.3% | 5.9% | ||
| Q2 25 | 10.1% | 0.5% | ||
| Q1 25 | 10.5% | 5.2% | ||
| Q4 24 | 12.2% | 11.3% | ||
| Q3 24 | 12.4% | 7.8% | ||
| Q2 24 | 10.5% | 9.3% |
资本支出强度FASTFN
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 4.6% | ||
| Q3 25 | 2.8% | 4.6% | ||
| Q2 25 | 3.3% | 5.5% | ||
| Q1 25 | 2.8% | 3.3% | ||
| Q4 24 | 3.3% | 2.6% | ||
| Q3 24 | 3.1% | 2.5% | ||
| Q2 24 | 2.9% | 1.7% |
现金转化率FASTFN
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 0.41× | ||
| Q3 25 | 1.15× | 1.07× | ||
| Q2 25 | 0.84× | 0.63× | ||
| Q1 25 | 0.88× | 0.91× | ||
| Q4 24 | 1.08× | 1.34× | ||
| Q3 24 | 1.00× | 1.07× | ||
| Q2 24 | 0.88× | 1.02× |
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
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
