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Fastenal（FAST）与NVR, Inc.（NVR）财务数据对比。点击上方公司名可切换其他公司
NVR, Inc.的季度营收约是Fastenal的1.3倍（$2.7B vs $2.0B），Fastenal净利率更高（14.5% vs 13.4%，领先1.1%），Fastenal同比增速更快（3.5% vs -4.7%），NVR, Inc.自由现金流更多（$436.0M vs $308.2M），过去两年NVR, Inc.的营收复合增速更高（7.8% 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。
NVR, Inc.是总部位于美国弗吉尼亚州雷斯顿的知名住宅建造企业，同时运营抵押贷款银行及产权服务相关业务。公司业务主要布局美国东海岸，覆盖14个州及华盛顿特区，2021年有22%的营收来自华盛顿大都会区。
FAST vs NVR — 直观对比
营收规模更大
NVR
是对方的1.3倍
$2.0B
营收增速更快
FAST
高出8.1%
-4.7%
净利率更高
FAST
高出1.1%
13.4%
自由现金流更多
NVR
多$127.8M
$308.2M
两年增速更快
NVR
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.7B |
| 净利润 | $293.9M | $363.8M |
| 毛利率 | 44.3% | — |
| 营业利润率 | 18.9% | — |
| 净利率 | 14.5% | 13.4% |
| 营收同比 | 3.5% | -4.7% |
| 净利润同比 | -1.6% | -20.5% |
| 每股收益（稀释后） | $-0.01 | $120.85 |
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FASTNVR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.0B | $2.4B | ||
| Q4 24 | $1.8B | $2.8B | ||
| Q3 24 | $1.9B | $2.7B | ||
| Q2 24 | $1.9B | $2.6B |
净利润FASTNVR
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $363.8M | ||
| Q3 25 | $335.5M | $342.7M | ||
| Q2 25 | $330.3M | $333.7M | ||
| Q1 25 | $298.7M | $299.6M | ||
| Q4 24 | $262.1M | $457.4M | ||
| Q3 24 | $298.1M | $429.3M | ||
| Q2 24 | $292.7M | $400.9M |
毛利率FASTNVR
| 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FASTNVR
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 20.1% | — | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 20.2% | — |
净利率FASTNVR
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 13.4% | ||
| Q3 25 | 15.7% | 13.1% | ||
| Q2 25 | 15.9% | 12.8% | ||
| Q1 25 | 15.2% | 12.5% | ||
| Q4 24 | 14.4% | 16.1% | ||
| Q3 24 | 15.6% | 15.7% | ||
| Q2 24 | 15.3% | 15.3% |
每股收益（稀释后）FASTNVR
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $120.85 | ||
| Q3 25 | $0.29 | $112.33 | ||
| Q2 25 | $0.29 | $108.54 | ||
| Q1 25 | $0.52 | $94.83 | ||
| Q4 24 | $0.45 | $139.09 | ||
| Q3 24 | $0.52 | $130.50 | ||
| Q2 24 | $0.51 | $120.69 |
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 | — |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $3.9B |
| 总资产 | $5.1B | $5.9B |
| 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FASTNVR
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | — | ||
| Q3 25 | $288.1M | — | ||
| Q2 25 | $237.8M | — | ||
| Q1 25 | $231.8M | — | ||
| Q4 24 | $255.8M | — | ||
| Q3 24 | $292.2M | — | ||
| Q2 24 | $255.5M | — |
总债务FASTNVR
| 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FASTNVR
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $3.9B | ||
| Q3 25 | $3.9B | $4.0B | ||
| Q2 25 | $3.8B | $3.8B | ||
| Q1 25 | $3.7B | $4.0B | ||
| Q4 24 | $3.6B | $4.2B | ||
| Q3 24 | $3.6B | $4.3B | ||
| Q2 24 | $3.5B | $4.1B |
总资产FASTNVR
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $5.9B | ||
| Q3 25 | $5.1B | $6.0B | ||
| Q2 25 | $5.0B | $5.9B | ||
| Q1 25 | $4.9B | $6.2B | ||
| Q4 24 | $4.7B | $6.4B | ||
| Q3 24 | $4.7B | $6.5B | ||
| Q2 24 | $4.6B | $6.4B |
负债/权益比FASTNVR
| 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 | $439.7M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $436.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 16.1% |
| 资本支出强度资本支出/营收 | 3.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.25× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $1.1B |
8季度趋势，按日历期对齐
经营现金流FASTNVR
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $439.7M | ||
| Q3 25 | $386.9M | $438.7M | ||
| Q2 25 | $278.6M | $35.1M | ||
| Q1 25 | $262.2M | $207.8M | ||
| Q4 24 | $282.8M | $637.0M | ||
| Q3 24 | $296.9M | $358.3M | ||
| Q2 24 | $258.0M | $232.7M |
自由现金流FASTNVR
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $436.0M | ||
| Q3 25 | $326.6M | $433.3M | ||
| Q2 25 | $209.3M | $26.8M | ||
| Q1 25 | $206.5M | $200.7M | ||
| Q4 24 | $222.6M | $631.5M | ||
| Q3 24 | $237.5M | $350.1M | ||
| Q2 24 | $201.9M | $226.3M |
自由现金流率FASTNVR
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 16.1% | ||
| Q3 25 | 15.3% | 16.6% | ||
| Q2 25 | 10.1% | 1.0% | ||
| Q1 25 | 10.5% | 8.4% | ||
| Q4 24 | 12.2% | 22.2% | ||
| Q3 24 | 12.4% | 12.8% | ||
| Q2 24 | 10.5% | 8.7% |
资本支出强度FASTNVR
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 0.1% | ||
| Q3 25 | 2.8% | 0.2% | ||
| Q2 25 | 3.3% | 0.3% | ||
| Q1 25 | 2.8% | 0.3% | ||
| Q4 24 | 3.3% | 0.2% | ||
| Q3 24 | 3.1% | 0.3% | ||
| Q2 24 | 2.9% | 0.2% |
现金转化率FASTNVR
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 1.21× | ||
| Q3 25 | 1.15× | 1.28× | ||
| Q2 25 | 0.84× | 0.11× | ||
| Q1 25 | 0.88× | 0.69× | ||
| Q4 24 | 1.08× | 1.39× | ||
| Q3 24 | 1.00× | 0.83× | ||
| Q2 24 | 0.88× | 0.58× |
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% |
NVR
| Home Building Segment | $2.6B | 97% |
| Mortgage Banking Segment | $77.4M | 3% |
