vs
Fastenal（FAST）与宜瑞安（INGR）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是宜瑞安的1.2倍（$2.0B vs $1.8B），Fastenal净利率更高（14.5% vs 9.5%，领先5.0%），Fastenal同比增速更快（3.5% vs -2.4%），Fastenal自由现金流更多（$308.2M vs $270.0M），过去两年Fastenal的营收复合增速更高（2.9% vs -3.4%）
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。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
FAST vs INGR — 直观对比
营收规模更大
FAST
是对方的1.2倍
$1.8B
营收增速更快
FAST
高出5.9%
-2.4%
净利率更高
FAST
高出5.0%
9.5%
自由现金流更多
FAST
多$38.2M
$270.0M
两年增速更快
FAST
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.8B |
| 净利润 | $293.9M | $167.0M |
| 毛利率 | 44.3% | 24.5% |
| 营业利润率 | 18.9% | 12.5% |
| 净利率 | 14.5% | 9.5% |
| 营收同比 | 3.5% | -2.4% |
| 净利润同比 | -1.6% | 72.2% |
| 每股收益（稀释后） | $-0.01 | $2.58 |
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FASTINGR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.8B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $2.0B | $1.8B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.9B | $1.9B | ||
| Q2 24 | $1.9B | $1.9B |
净利润FASTINGR
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $167.0M | ||
| Q3 25 | $335.5M | $171.0M | ||
| Q2 25 | $330.3M | $196.0M | ||
| Q1 25 | $298.7M | $197.0M | ||
| Q4 24 | $262.1M | $97.0M | ||
| Q3 24 | $298.1M | $188.0M | ||
| Q2 24 | $292.7M | $148.0M |
毛利率FASTINGR
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 24.5% | ||
| Q3 25 | 45.3% | 25.1% | ||
| Q2 25 | 45.3% | 26.0% | ||
| Q1 25 | 45.1% | 25.7% | ||
| Q4 24 | 44.8% | 24.9% | ||
| Q3 24 | 44.9% | 25.6% | ||
| Q2 24 | 45.1% | 23.7% |
营业利润率FASTINGR
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 12.5% | ||
| Q3 25 | 20.7% | 13.7% | ||
| Q2 25 | 21.0% | 14.8% | ||
| Q1 25 | 20.1% | 15.2% | ||
| Q4 24 | 18.9% | 9.0% | ||
| Q3 24 | 20.3% | 14.3% | ||
| Q2 24 | 20.2% | 12.8% |
净利率FASTINGR
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 9.5% | ||
| Q3 25 | 15.7% | 9.4% | ||
| Q2 25 | 15.9% | 10.7% | ||
| Q1 25 | 15.2% | 10.9% | ||
| Q4 24 | 14.4% | 5.4% | ||
| Q3 24 | 15.6% | 10.1% | ||
| Q2 24 | 15.3% | 7.9% |
每股收益（稀释后）FASTINGR
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $2.58 | ||
| Q3 25 | $0.29 | $2.61 | ||
| Q2 25 | $0.29 | $2.99 | ||
| Q1 25 | $0.52 | $3.00 | ||
| Q4 24 | $0.45 | $1.43 | ||
| Q3 24 | $0.52 | $2.83 | ||
| 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 | $1.0B |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $4.3B |
| 总资产 | $5.1B | $7.9B |
| 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FASTINGR
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $1.0B | ||
| Q3 25 | $288.1M | $915.0M | ||
| Q2 25 | $237.8M | $861.0M | ||
| Q1 25 | $231.8M | $837.0M | ||
| Q4 24 | $255.8M | $997.0M | ||
| Q3 24 | $292.2M | $877.0M | ||
| Q2 24 | $255.5M | $505.0M |
总债务FASTINGR
| 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FASTINGR
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $4.3B | ||
| Q3 25 | $3.9B | $4.2B | ||
| Q2 25 | $3.8B | $4.2B | ||
| Q1 25 | $3.7B | $4.0B | ||
| Q4 24 | $3.6B | $3.8B | ||
| Q3 24 | $3.6B | $4.0B | ||
| Q2 24 | $3.5B | $3.7B |
总资产FASTINGR
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $7.9B | ||
| Q3 25 | $5.1B | $7.8B | ||
| Q2 25 | $5.0B | $7.8B | ||
| Q1 25 | $4.9B | $7.5B | ||
| Q4 24 | $4.7B | $7.4B | ||
| Q3 24 | $4.7B | $7.5B | ||
| Q2 24 | $4.6B | $7.2B |
负债/权益比FASTINGR
| 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 | $405.0M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $270.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 15.4% |
| 资本支出强度资本支出/营收 | 3.0% | 7.7% |
| 现金转化率经营现金流/净利润 | 1.25× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $511.0M |
8季度趋势，按日历期对齐
经营现金流FASTINGR
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $405.0M | ||
| Q3 25 | $386.9M | $277.0M | ||
| Q2 25 | $278.6M | $185.0M | ||
| Q1 25 | $262.2M | $77.0M | ||
| Q4 24 | $282.8M | $436.0M | ||
| Q3 24 | $296.9M | $479.0M | ||
| Q2 24 | $258.0M | $312.0M |
自由现金流FASTINGR
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $270.0M | ||
| Q3 25 | $326.6M | $172.0M | ||
| Q2 25 | $209.3M | $84.0M | ||
| Q1 25 | $206.5M | $-15.0M | ||
| Q4 24 | $222.6M | $311.0M | ||
| Q3 24 | $237.5M | $429.0M | ||
| Q2 24 | $201.9M | $257.0M |
自由现金流率FASTINGR
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 15.4% | ||
| Q3 25 | 15.3% | 9.5% | ||
| Q2 25 | 10.1% | 4.6% | ||
| Q1 25 | 10.5% | -0.8% | ||
| Q4 24 | 12.2% | 17.3% | ||
| Q3 24 | 12.4% | 22.9% | ||
| Q2 24 | 10.5% | 13.7% |
资本支出强度FASTINGR
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 7.7% | ||
| Q3 25 | 2.8% | 5.8% | ||
| Q2 25 | 3.3% | 5.5% | ||
| Q1 25 | 2.8% | 5.1% | ||
| Q4 24 | 3.3% | 6.9% | ||
| Q3 24 | 3.1% | 2.7% | ||
| Q2 24 | 2.9% | 2.9% |
现金转化率FASTINGR
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 2.43× | ||
| Q3 25 | 1.15× | 1.62× | ||
| Q2 25 | 0.84× | 0.94× | ||
| Q1 25 | 0.88× | 0.39× | ||
| Q4 24 | 1.08× | 4.49× | ||
| Q3 24 | 1.00× | 2.55× | ||
| Q2 24 | 0.88× | 2.11× |
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% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
