vs
Fastenal（FAST）与格罗方德（GFS）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是格罗方德的1.2倍（$2.0B vs $1.7B），格罗方德净利率更高（14.8% vs 14.5%，领先0.3%），Fastenal同比增速更快（3.5% vs -2.9%），过去两年Fastenal的营收复合增速更高（2.9% vs -4.3%）
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。
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
FAST vs GFS — 直观对比
营收规模更大
FAST
是对方的1.2倍
$1.7B
营收增速更快
FAST
高出6.4%
-2.9%
净利率更高
GFS
高出0.3%
14.5%
两年增速更快
FAST
近两年复合增速
-4.3%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $293.9M | $249.0M |
| 毛利率 | 44.3% | 24.8% |
| 营业利润率 | 18.9% | 11.6% |
| 净利率 | 14.5% | 14.8% |
| 营收同比 | 3.5% | -2.9% |
| 净利润同比 | -1.6% | 39.9% |
| 每股收益（稀释后） | $-0.01 | $0.44 |
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FASTGFS
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.9B | $1.6B |
净利润FASTGFS
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | — | ||
| Q3 25 | $335.5M | $249.0M | ||
| Q2 25 | $330.3M | $228.0M | ||
| Q1 25 | $298.7M | $211.0M | ||
| Q4 24 | $262.1M | — | ||
| Q3 24 | $298.1M | $178.0M | ||
| Q2 24 | $292.7M | $155.0M |
毛利率FASTGFS
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | — | ||
| Q3 25 | 45.3% | 24.8% | ||
| Q2 25 | 45.3% | 24.2% | ||
| Q1 25 | 45.1% | 22.4% | ||
| Q4 24 | 44.8% | — | ||
| Q3 24 | 44.9% | 23.8% | ||
| Q2 24 | 45.1% | 24.2% |
营业利润率FASTGFS
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.7% | 11.6% | ||
| Q2 25 | 21.0% | 11.6% | ||
| Q1 25 | 20.1% | 9.5% | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 20.3% | 10.6% | ||
| Q2 24 | 20.2% | 9.5% |
净利率FASTGFS
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | — | ||
| Q3 25 | 15.7% | 14.8% | ||
| Q2 25 | 15.9% | 13.5% | ||
| Q1 25 | 15.2% | 13.3% | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 15.6% | 10.2% | ||
| Q2 24 | 15.3% | 9.5% |
每股收益（稀释后）FASTGFS
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | — | ||
| Q3 25 | $0.29 | $0.44 | ||
| Q2 25 | $0.29 | $0.41 | ||
| Q1 25 | $0.52 | $0.38 | ||
| Q4 24 | $0.45 | — | ||
| Q3 24 | $0.52 | $0.32 | ||
| Q2 24 | $0.51 | $0.28 |
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 | $2.0B |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $11.8B |
| 总资产 | $5.1B | $16.7B |
| 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FASTGFS
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | — | ||
| Q3 25 | $288.1M | $2.0B | ||
| Q2 25 | $237.8M | $1.8B | ||
| Q1 25 | $231.8M | $1.6B | ||
| Q4 24 | $255.8M | — | ||
| Q3 24 | $292.2M | $2.3B | ||
| Q2 24 | $255.5M | $2.2B |
总债务FASTGFS
| 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FASTGFS
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | $11.8B | ||
| Q2 25 | $3.8B | $11.5B | ||
| Q1 25 | $3.7B | $11.1B | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.6B | $11.6B | ||
| Q2 24 | $3.5B | $11.3B |
总资产FASTGFS
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | $16.7B | ||
| Q2 25 | $5.0B | $16.8B | ||
| Q1 25 | $4.9B | $16.5B | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.7B | $18.1B | ||
| Q2 24 | $4.6B | — |
负债/权益比FASTGFS
| 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 | $595.0M |
| 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 | 1.25× | 2.39× |
| 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FASTGFS
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | — | ||
| Q3 25 | $386.9M | $595.0M | ||
| Q2 25 | $278.6M | $431.0M | ||
| Q1 25 | $262.2M | $331.0M | ||
| Q4 24 | $282.8M | — | ||
| Q3 24 | $296.9M | $375.0M | ||
| Q2 24 | $258.0M | $402.0M |
自由现金流FASTGFS
| 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FASTGFS
| 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FASTGFS
| 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FASTGFS
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.15× | 2.39× | ||
| Q2 25 | 0.84× | 1.89× | ||
| Q1 25 | 0.88× | 1.57× | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.00× | 2.11× | ||
| Q2 24 | 0.88× | 2.59× |
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% |
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
