vs
Fastenal（FAST）与Snowflake Inc.（SNOW）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Snowflake Inc.的1.7倍（$2.0B vs $1.2B），Fastenal净利率更高（14.5% vs -24.2%，领先38.7%），Snowflake Inc.同比增速更快（28.7% vs 3.5%），Fastenal自由现金流更多（$308.2M vs $113.6M），过去两年Snowflake Inc.的营收复合增速更高（25.1% 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。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
FAST vs SNOW — 直观对比
营收规模更大
FAST
是对方的1.7倍
$1.2B
营收增速更快
SNOW
高出25.3%
3.5%
净利率更高
FAST
高出38.7%
-24.2%
自由现金流更多
FAST
多$194.6M
$113.6M
两年增速更快
SNOW
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $293.9M | $-294.0M |
| 毛利率 | 44.3% | 67.8% |
| 营业利润率 | 18.9% | -27.2% |
| 净利率 | 14.5% | -24.2% |
| 营收同比 | 3.5% | 28.7% |
| 净利润同比 | -1.6% | 9.4% |
| 每股收益（稀释后） | $-0.01 | $-0.87 |
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FASTSNOW
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.0B | $986.8M | ||
| Q4 24 | $1.8B | $942.1M | ||
| Q3 24 | $1.9B | $868.8M | ||
| Q2 24 | $1.9B | $828.7M |
净利润FASTSNOW
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $-294.0M | ||
| Q3 25 | $335.5M | $-298.0M | ||
| Q2 25 | $330.3M | $-430.1M | ||
| Q1 25 | $298.7M | $-327.5M | ||
| Q4 24 | $262.1M | $-324.3M | ||
| Q3 24 | $298.1M | $-316.9M | ||
| Q2 24 | $292.7M | $-317.0M |
毛利率FASTSNOW
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 67.8% | ||
| Q3 25 | 45.3% | 67.5% | ||
| Q2 25 | 45.3% | 66.5% | ||
| Q1 25 | 45.1% | 66.2% | ||
| Q4 24 | 44.8% | 65.9% | ||
| Q3 24 | 44.9% | 66.8% | ||
| Q2 24 | 45.1% | 67.1% |
营业利润率FASTSNOW
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | -27.2% | ||
| Q3 25 | 20.7% | -29.7% | ||
| Q2 25 | 21.0% | -42.9% | ||
| Q1 25 | 20.1% | -39.2% | ||
| Q4 24 | 18.9% | -38.8% | ||
| Q3 24 | 20.3% | -40.9% | ||
| Q2 24 | 20.2% | -42.1% |
净利率FASTSNOW
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | -24.2% | ||
| Q3 25 | 15.7% | -26.0% | ||
| Q2 25 | 15.9% | -41.3% | ||
| Q1 25 | 15.2% | -33.2% | ||
| Q4 24 | 14.4% | -34.4% | ||
| Q3 24 | 15.6% | -36.5% | ||
| Q2 24 | 15.3% | -38.3% |
每股收益（稀释后）FASTSNOW
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $-0.87 | ||
| Q3 25 | $0.29 | $-0.89 | ||
| Q2 25 | $0.29 | $-1.29 | ||
| Q1 25 | $0.52 | $-0.98 | ||
| Q4 24 | $0.45 | $-0.98 | ||
| Q3 24 | $0.52 | $-0.95 | ||
| Q2 24 | $0.51 | $-0.95 |
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 | $1.9B |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $2.1B |
| 总资产 | $5.1B | $8.2B |
| 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FASTSNOW
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $1.9B | ||
| Q3 25 | $288.1M | $1.9B | ||
| Q2 25 | $237.8M | $2.2B | ||
| Q1 25 | $231.8M | $2.6B | ||
| Q4 24 | $255.8M | $2.1B | ||
| Q3 24 | $292.2M | $1.3B | ||
| Q2 24 | $255.5M | $1.3B |
总债务FASTSNOW
| 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FASTSNOW
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $2.1B | ||
| Q3 25 | $3.9B | $2.4B | ||
| Q2 25 | $3.8B | $2.4B | ||
| Q1 25 | $3.7B | $3.0B | ||
| Q4 24 | $3.6B | $2.9B | ||
| Q3 24 | $3.6B | $4.1B | ||
| Q2 24 | $3.5B | $4.6B |
总资产FASTSNOW
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $8.2B | ||
| Q3 25 | $5.1B | $8.2B | ||
| Q2 25 | $5.0B | $8.2B | ||
| Q1 25 | $4.9B | $9.0B | ||
| Q4 24 | $4.7B | $8.2B | ||
| Q3 24 | $4.7B | $6.9B | ||
| Q2 24 | $4.6B | $7.3B |
负债/权益比FASTSNOW
| 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 | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $113.6M |
| 自由现金流率自由现金流/营收 | 15.2% | 9.4% |
| 资本支出强度资本支出/营收 | 3.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.25× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $776.7M |
8季度趋势，按日历期对齐
经营现金流FASTSNOW
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $137.5M | ||
| Q3 25 | $386.9M | $74.9M | ||
| Q2 25 | $278.6M | $228.4M | ||
| Q1 25 | $262.2M | $432.7M | ||
| Q4 24 | $282.8M | $101.7M | ||
| Q3 24 | $296.9M | $69.9M | ||
| Q2 24 | $258.0M | $355.5M |
自由现金流FASTSNOW
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $113.6M | ||
| Q3 25 | $326.6M | $58.2M | ||
| Q2 25 | $209.3M | $183.4M | ||
| Q1 25 | $206.5M | $421.4M | ||
| Q4 24 | $222.6M | $88.3M | ||
| Q3 24 | $237.5M | $64.8M | ||
| Q2 24 | $201.9M | $338.9M |
自由现金流率FASTSNOW
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 9.4% | ||
| Q3 25 | 15.3% | 5.1% | ||
| Q2 25 | 10.1% | 17.6% | ||
| Q1 25 | 10.5% | 42.7% | ||
| Q4 24 | 12.2% | 9.4% | ||
| Q3 24 | 12.4% | 7.5% | ||
| Q2 24 | 10.5% | 40.9% |
资本支出强度FASTSNOW
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 2.0% | ||
| Q3 25 | 2.8% | 1.5% | ||
| Q2 25 | 3.3% | 4.3% | ||
| Q1 25 | 2.8% | 1.1% | ||
| Q4 24 | 3.3% | 1.4% | ||
| Q3 24 | 3.1% | 0.6% | ||
| Q2 24 | 2.9% | 2.0% |
现金转化率FASTSNOW
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 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
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
