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Fastenal（FAST）与Teledyne Technologies（TDY）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Teledyne Technologies的1.3倍（$2.0B vs $1.6B），Teledyne Technologies净利率更高（17.1% vs 14.5%，领先2.6%），Teledyne Technologies同比增速更快（7.3% vs 3.5%），Teledyne Technologies自由现金流更多（$339.2M vs $308.2M），过去两年Teledyne Technologies的营收复合增速更高（9.3% 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。
Teledyne Technologies是美国大型工业集团企业，1960年由亨利·辛格尔顿与乔治·科兹梅茨基共同创立，最初成立时名为Teledyne Inc.，发展至今在全球工业技术领域拥有较高的行业知名度与市场影响力。
FAST vs TDY — 直观对比
营收规模更大
FAST
是对方的1.3倍
$1.6B
营收增速更快
TDY
高出3.8%
3.5%
净利率更高
TDY
高出2.6%
14.5%
自由现金流更多
TDY
多$31.0M
$308.2M
两年增速更快
TDY
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.6B |
| 净利润 | $293.9M | $275.6M |
| 毛利率 | 44.3% | 42.9% |
| 营业利润率 | 18.9% | 20.4% |
| 净利率 | 14.5% | 17.1% |
| 营收同比 | 3.5% | 7.3% |
| 净利润同比 | -1.6% | 38.8% |
| 每股收益（稀释后） | $-0.01 | $5.81 |
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FASTTDY
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $1.9B | $1.4B | ||
| Q2 24 | $1.9B | $1.4B |
净利润FASTTDY
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $275.6M | ||
| Q3 25 | $335.5M | $220.7M | ||
| Q2 25 | $330.3M | $209.9M | ||
| Q1 25 | $298.7M | $188.6M | ||
| Q4 24 | $262.1M | $198.5M | ||
| Q3 24 | $298.1M | $262.0M | ||
| Q2 24 | $292.7M | $180.2M |
毛利率FASTTDY
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 42.9% | ||
| Q3 25 | 45.3% | 42.8% | ||
| Q2 25 | 45.3% | 42.6% | ||
| Q1 25 | 45.1% | 42.7% | ||
| Q4 24 | 44.8% | 42.8% | ||
| Q3 24 | 44.9% | 42.9% | ||
| Q2 24 | 45.1% | 43.1% |
营业利润率FASTTDY
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 20.4% | ||
| Q3 25 | 20.7% | 18.4% | ||
| Q2 25 | 21.0% | 18.4% | ||
| Q1 25 | 20.1% | 17.9% | ||
| Q4 24 | 18.9% | 15.8% | ||
| Q3 24 | 20.3% | 18.8% | ||
| Q2 24 | 20.2% | 18.0% |
净利率FASTTDY
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 17.1% | ||
| Q3 25 | 15.7% | 14.3% | ||
| Q2 25 | 15.9% | 13.9% | ||
| Q1 25 | 15.2% | 13.0% | ||
| Q4 24 | 14.4% | 13.2% | ||
| Q3 24 | 15.6% | 18.2% | ||
| Q2 24 | 15.3% | 13.1% |
每股收益（稀释后）FASTTDY
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $5.81 | ||
| Q3 25 | $0.29 | $4.65 | ||
| Q2 25 | $0.29 | $4.43 | ||
| Q1 25 | $0.52 | $3.99 | ||
| Q4 24 | $0.45 | $4.18 | ||
| Q3 24 | $0.52 | $5.54 | ||
| Q2 24 | $0.51 | $3.77 |
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 | $352.4M |
| 总债务越低越好 | $125.0M | $2.5B |
| 股东权益账面价值 | $3.9B | $10.5B |
| 总资产 | $5.1B | $15.3B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资FASTTDY
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $352.4M | ||
| Q3 25 | $288.1M | $528.6M | ||
| Q2 25 | $237.8M | $310.9M | ||
| Q1 25 | $231.8M | $461.5M | ||
| Q4 24 | $255.8M | $649.8M | ||
| Q3 24 | $292.2M | $561.0M | ||
| Q2 24 | $255.5M | $443.2M |
总债务FASTTDY
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $2.5B | ||
| Q3 25 | $195.0M | $2.5B | ||
| Q2 25 | $230.0M | $2.6B | ||
| Q1 25 | $200.0M | $3.0B | ||
| Q4 24 | $200.0M | $2.6B | ||
| Q3 24 | $240.0M | $2.8B | ||
| Q2 24 | $235.0M | $2.8B |
股东权益FASTTDY
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $10.5B | ||
| Q3 25 | $3.9B | $10.6B | ||
| Q2 25 | $3.8B | $10.4B | ||
| Q1 25 | $3.7B | $9.9B | ||
| Q4 24 | $3.6B | $9.5B | ||
| Q3 24 | $3.6B | $9.6B | ||
| Q2 24 | $3.5B | $9.3B |
总资产FASTTDY
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $15.3B | ||
| Q3 25 | $5.1B | $15.4B | ||
| Q2 25 | $5.0B | $15.1B | ||
| Q1 25 | $4.9B | $15.0B | ||
| Q4 24 | $4.7B | $14.2B | ||
| Q3 24 | $4.7B | $14.5B | ||
| Q2 24 | $4.6B | $14.2B |
负债/权益比FASTTDY
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 0.24× | ||
| Q3 25 | 0.05× | 0.24× | ||
| Q2 25 | 0.06× | 0.25× | ||
| Q1 25 | 0.05× | 0.30× | ||
| Q4 24 | 0.06× | 0.28× | ||
| Q3 24 | 0.07× | 0.29× | ||
| Q2 24 | 0.07× | 0.30× |
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 | $379.0M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $339.2M |
| 自由现金流率自由现金流/营收 | 15.2% | 21.0% |
| 资本支出强度资本支出/营收 | 3.0% | 2.5% |
| 现金转化率经营现金流/净利润 | 1.25× | 1.38× |
| 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FASTTDY
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $379.0M | ||
| Q3 25 | $386.9M | $343.1M | ||
| Q2 25 | $278.6M | $226.6M | ||
| Q1 25 | $262.2M | $242.6M | ||
| Q4 24 | $282.8M | $332.4M | ||
| Q3 24 | $296.9M | $249.8M | ||
| Q2 24 | $258.0M | $318.7M |
自由现金流FASTTDY
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $339.2M | ||
| Q3 25 | $326.6M | $313.9M | ||
| Q2 25 | $209.3M | $196.3M | ||
| Q1 25 | $206.5M | $224.6M | ||
| Q4 24 | $222.6M | $303.4M | ||
| Q3 24 | $237.5M | $228.7M | ||
| Q2 24 | $201.9M | $301.0M |
自由现金流率FASTTDY
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 21.0% | ||
| Q3 25 | 15.3% | 20.4% | ||
| Q2 25 | 10.1% | 13.0% | ||
| Q1 25 | 10.5% | 15.5% | ||
| Q4 24 | 12.2% | 20.2% | ||
| Q3 24 | 12.4% | 15.8% | ||
| Q2 24 | 10.5% | 21.9% |
资本支出强度FASTTDY
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 2.5% | ||
| Q3 25 | 2.8% | 1.9% | ||
| Q2 25 | 3.3% | 2.0% | ||
| Q1 25 | 2.8% | 1.2% | ||
| Q4 24 | 3.3% | 1.9% | ||
| Q3 24 | 3.1% | 1.5% | ||
| Q2 24 | 2.9% | 1.3% |
现金转化率FASTTDY
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 1.38× | ||
| Q3 25 | 1.15× | 1.55× | ||
| Q2 25 | 0.84× | 1.08× | ||
| Q1 25 | 0.88× | 1.29× | ||
| Q4 24 | 1.08× | 1.67× | ||
| Q3 24 | 1.00× | 0.95× | ||
| Q2 24 | 0.88× | 1.77× |
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% |
TDY
| Commercial And Other | $681.5M | 42% |
| Aerospace And Defense Electronics | $275.9M | 17% |
| Marine Instrumentation | $177.1M | 11% |
| United States Government | $169.0M | 10% |
| Environmental Instrumentation | $120.7M | 7% |
| Engineered Systems | $103.3M | 6% |
| Test And Measurement Instrumentation | $84.8M | 5% |
