vs
Fastenal（FAST）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是思佳讯的2.0倍（$2.0B vs $1.0B），Fastenal净利率更高（14.5% vs 7.6%，领先6.8%），思佳讯同比增速更快（8.6% vs 3.5%），思佳讯自由现金流更多（$339.0M vs $308.2M），过去两年Fastenal的营收复合增速更高（2.9% vs -0.5%）
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。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
FAST vs SWKS — 直观对比
营收规模更大
FAST
是对方的2.0倍
$1.0B
营收增速更快
SWKS
高出5.1%
3.5%
净利率更高
FAST
高出6.8%
7.6%
自由现金流更多
SWKS
多$30.8M
$308.2M
两年增速更快
FAST
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.0B |
| 净利润 | $293.9M | $79.2M |
| 毛利率 | 44.3% | 41.3% |
| 营业利润率 | 18.9% | 10.0% |
| 净利率 | 14.5% | 7.6% |
| 营收同比 | 3.5% | 8.6% |
| 净利润同比 | -1.6% | 15.3% |
| 每股收益（稀释后） | $-0.01 | $0.53 |
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FASTSWKS
| Q1 26 | $2.0B | $1.0B | ||
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | $965.0M | ||
| Q1 25 | $2.0B | $953.2M | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.9B | $1.0B | ||
| Q2 24 | $1.9B | $905.5M |
净利润FASTSWKS
| Q1 26 | $293.9M | $79.2M | ||
| Q4 25 | $293.9M | $141.4M | ||
| Q3 25 | $335.5M | — | ||
| Q2 25 | $330.3M | $105.0M | ||
| Q1 25 | $298.7M | $68.7M | ||
| Q4 24 | $262.1M | $162.0M | ||
| Q3 24 | $298.1M | $60.5M | ||
| Q2 24 | $292.7M | $120.9M |
毛利率FASTSWKS
| Q1 26 | 44.3% | 41.3% | ||
| Q4 25 | 44.3% | 40.7% | ||
| Q3 25 | 45.3% | — | ||
| Q2 25 | 45.3% | 41.6% | ||
| Q1 25 | 45.1% | 41.1% | ||
| Q4 24 | 44.8% | 41.4% | ||
| Q3 24 | 44.9% | 41.9% | ||
| Q2 24 | 45.1% | 40.2% |
营业利润率FASTSWKS
| Q1 26 | 18.9% | 10.0% | ||
| Q4 25 | 18.9% | 10.1% | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 21.0% | 11.5% | ||
| Q1 25 | 20.1% | 10.2% | ||
| Q4 24 | 18.9% | 16.9% | ||
| Q3 24 | 20.3% | 5.8% | ||
| Q2 24 | 20.2% | 14.4% |
净利率FASTSWKS
| Q1 26 | 14.5% | 7.6% | ||
| Q4 25 | 14.5% | 12.9% | ||
| Q3 25 | 15.7% | — | ||
| Q2 25 | 15.9% | 10.9% | ||
| Q1 25 | 15.2% | 7.2% | ||
| Q4 24 | 14.4% | 15.2% | ||
| Q3 24 | 15.6% | 5.9% | ||
| Q2 24 | 15.3% | 13.4% |
每股收益（稀释后）FASTSWKS
| Q1 26 | $-0.01 | $0.53 | ||
| Q4 25 | $-0.01 | $0.95 | ||
| Q3 25 | $0.29 | — | ||
| Q2 25 | $0.29 | $0.70 | ||
| Q1 25 | $0.52 | $0.43 | ||
| Q4 24 | $0.45 | $1.00 | ||
| Q3 24 | $0.52 | $0.36 | ||
| Q2 24 | $0.51 | $0.75 |
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 | $1.6B |
| 总债务越低越好 | $125.0M | $496.6M |
| 股东权益账面价值 | $3.9B | $5.8B |
| 总资产 | $5.1B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FASTSWKS
| Q1 26 | $276.8M | $1.6B | ||
| Q4 25 | $276.8M | $1.4B | ||
| Q3 25 | $288.1M | — | ||
| Q2 25 | $237.8M | $1.3B | ||
| Q1 25 | $231.8M | $1.5B | ||
| Q4 24 | $255.8M | $1.7B | ||
| Q3 24 | $292.2M | $1.6B | ||
| Q2 24 | $255.5M | $1.3B |
总债务FASTSWKS
| Q1 26 | $125.0M | $496.6M | ||
| Q4 25 | $125.0M | $496.4M | ||
| Q3 25 | $195.0M | — | ||
| Q2 25 | $230.0M | $496.2M | ||
| Q1 25 | $200.0M | $995.1M | ||
| Q4 24 | $200.0M | $994.7M | ||
| Q3 24 | $240.0M | $994.3M | ||
| Q2 24 | $235.0M | $994.0M |
股东权益FASTSWKS
| Q1 26 | $3.9B | $5.8B | ||
| Q4 25 | $3.9B | $5.8B | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.8B | $5.7B | ||
| Q1 25 | $3.7B | $5.9B | ||
| Q4 24 | $3.6B | $6.4B | ||
| Q3 24 | $3.6B | $6.3B | ||
| Q2 24 | $3.5B | $6.3B |
总资产FASTSWKS
| Q1 26 | $5.1B | $7.9B | ||
| Q4 25 | $5.1B | $7.9B | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.0B | $7.7B | ||
| Q1 25 | $4.9B | $7.9B | ||
| Q4 24 | $4.7B | $8.3B | ||
| Q3 24 | $4.7B | $8.3B | ||
| Q2 24 | $4.6B | $8.2B |
负债/权益比FASTSWKS
| Q1 26 | 0.03× | 0.09× | ||
| Q4 25 | 0.03× | 0.09× | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.06× | 0.09× | ||
| Q1 25 | 0.05× | 0.17× | ||
| Q4 24 | 0.06× | 0.16× | ||
| Q3 24 | 0.07× | 0.16× | ||
| Q2 24 | 0.07× | 0.16× |
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 | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $339.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 32.7% |
| 资本支出强度资本支出/营收 | 3.0% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.25× | 4.99× |
| 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FASTSWKS
| Q1 26 | $368.2M | $395.5M | ||
| Q4 25 | $368.2M | $200.0M | ||
| Q3 25 | $386.9M | — | ||
| Q2 25 | $278.6M | $314.2M | ||
| Q1 25 | $262.2M | $409.4M | ||
| Q4 24 | $282.8M | $377.2M | ||
| Q3 24 | $296.9M | $476.1M | ||
| Q2 24 | $258.0M | $273.4M |
自由现金流FASTSWKS
| Q1 26 | $308.2M | $339.0M | ||
| Q4 25 | $308.2M | $144.0M | ||
| Q3 25 | $326.6M | — | ||
| Q2 25 | $209.3M | $252.7M | ||
| Q1 25 | $206.5M | $370.9M | ||
| Q4 24 | $222.6M | $338.2M | ||
| Q3 24 | $237.5M | $393.3M | ||
| Q2 24 | $201.9M | $249.0M |
自由现金流率FASTSWKS
| Q1 26 | 15.2% | 32.7% | ||
| Q4 25 | 15.2% | 13.1% | ||
| Q3 25 | 15.3% | — | ||
| Q2 25 | 10.1% | 26.2% | ||
| Q1 25 | 10.5% | 38.9% | ||
| Q4 24 | 12.2% | 31.7% | ||
| Q3 24 | 12.4% | 38.4% | ||
| Q2 24 | 10.5% | 27.5% |
资本支出强度FASTSWKS
| Q1 26 | 3.0% | 5.5% | ||
| Q4 25 | 3.0% | 5.1% | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 3.3% | 6.4% | ||
| Q1 25 | 2.8% | 4.0% | ||
| Q4 24 | 3.3% | 3.6% | ||
| Q3 24 | 3.1% | 8.1% | ||
| Q2 24 | 2.9% | 2.7% |
现金转化率FASTSWKS
| Q1 26 | 1.25× | 4.99× | ||
| Q4 25 | 1.25× | 1.41× | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 0.84× | 2.99× | ||
| Q1 25 | 0.88× | 5.96× | ||
| Q4 24 | 1.08× | 2.33× | ||
| Q3 24 | 1.00× | 7.87× | ||
| Q2 24 | 0.88× | 2.26× |
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% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
