vs
Fastenal（FAST）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是泰瑞达的1.9倍（$2.0B vs $1.1B），泰瑞达净利率更高（23.7% vs 14.5%，领先9.2%），泰瑞达同比增速更快（43.9% vs 3.5%），Fastenal自由现金流更多（$308.2M vs $218.8M），过去两年泰瑞达的营收复合增速更高（34.4% 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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
FAST vs TER — 直观对比
营收规模更大
FAST
是对方的1.9倍
$1.1B
营收增速更快
TER
高出40.4%
3.5%
净利率更高
TER
高出9.2%
14.5%
自由现金流更多
FAST
多$89.4M
$218.8M
两年增速更快
TER
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.1B |
| 净利润 | $293.9M | $257.2M |
| 毛利率 | 44.3% | 57.2% |
| 营业利润率 | 18.9% | 27.1% |
| 净利率 | 14.5% | 23.7% |
| 营收同比 | 3.5% | 43.9% |
| 净利润同比 | -1.6% | 75.9% |
| 每股收益（稀释后） | $-0.01 | $1.62 |
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FASTTER
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.1B | $769.2M | ||
| Q2 25 | $2.1B | $651.8M | ||
| Q1 25 | $2.0B | $685.7M | ||
| Q4 24 | $1.8B | $752.9M | ||
| Q3 24 | $1.9B | $737.3M | ||
| Q2 24 | $1.9B | $729.9M |
净利润FASTTER
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $257.2M | ||
| Q3 25 | $335.5M | $119.6M | ||
| Q2 25 | $330.3M | $78.4M | ||
| Q1 25 | $298.7M | $98.9M | ||
| Q4 24 | $262.1M | $146.3M | ||
| Q3 24 | $298.1M | $145.6M | ||
| Q2 24 | $292.7M | $186.3M |
毛利率FASTTER
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 57.2% | ||
| Q3 25 | 45.3% | 58.4% | ||
| Q2 25 | 45.3% | 57.2% | ||
| Q1 25 | 45.1% | 60.6% | ||
| Q4 24 | 44.8% | 59.4% | ||
| Q3 24 | 44.9% | 59.2% | ||
| Q2 24 | 45.1% | 58.3% |
营业利润率FASTTER
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 27.1% | ||
| Q3 25 | 20.7% | 18.9% | ||
| Q2 25 | 21.0% | 13.9% | ||
| Q1 25 | 20.1% | 17.6% | ||
| Q4 24 | 18.9% | 20.4% | ||
| Q3 24 | 20.3% | 20.6% | ||
| Q2 24 | 20.2% | 28.8% |
净利率FASTTER
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 23.7% | ||
| Q3 25 | 15.7% | 15.5% | ||
| Q2 25 | 15.9% | 12.0% | ||
| Q1 25 | 15.2% | 14.4% | ||
| Q4 24 | 14.4% | 19.4% | ||
| Q3 24 | 15.6% | 19.8% | ||
| Q2 24 | 15.3% | 25.5% |
每股收益（稀释后）FASTTER
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $1.62 | ||
| Q3 25 | $0.29 | $0.75 | ||
| Q2 25 | $0.29 | $0.49 | ||
| Q1 25 | $0.52 | $0.61 | ||
| Q4 24 | $0.45 | $0.89 | ||
| Q3 24 | $0.52 | $0.89 | ||
| Q2 24 | $0.51 | $1.14 |
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 | $293.8M |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $2.8B |
| 总资产 | $5.1B | $4.2B |
| 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FASTTER
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $293.8M | ||
| Q3 25 | $288.1M | $272.7M | ||
| Q2 25 | $237.8M | $339.3M | ||
| Q1 25 | $231.8M | $475.6M | ||
| Q4 24 | $255.8M | $553.4M | ||
| Q3 24 | $292.2M | $510.0M | ||
| Q2 24 | $255.5M | $421.9M |
总债务FASTTER
| 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FASTTER
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $2.8B | ||
| Q3 25 | $3.9B | $2.7B | ||
| Q2 25 | $3.8B | $2.8B | ||
| Q1 25 | $3.7B | $2.8B | ||
| Q4 24 | $3.6B | $2.8B | ||
| Q3 24 | $3.6B | $2.9B | ||
| Q2 24 | $3.5B | $2.7B |
总资产FASTTER
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $4.2B | ||
| Q3 25 | $5.1B | $4.0B | ||
| Q2 25 | $5.0B | $3.8B | ||
| Q1 25 | $4.9B | $3.7B | ||
| Q4 24 | $4.7B | $3.7B | ||
| Q3 24 | $4.7B | $3.8B | ||
| Q2 24 | $4.6B | $3.6B |
负债/权益比FASTTER
| 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 | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $218.8M |
| 自由现金流率自由现金流/营收 | 15.2% | 20.2% |
| 资本支出强度资本支出/营收 | 3.0% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.25× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $450.4M |
8季度趋势，按日历期对齐
经营现金流FASTTER
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $281.6M | ||
| Q3 25 | $386.9M | $49.0M | ||
| Q2 25 | $278.6M | $182.1M | ||
| Q1 25 | $262.2M | $161.6M | ||
| Q4 24 | $282.8M | $282.6M | ||
| Q3 24 | $296.9M | $166.3M | ||
| Q2 24 | $258.0M | $216.1M |
自由现金流FASTTER
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $218.8M | ||
| Q3 25 | $326.6M | $2.4M | ||
| Q2 25 | $209.3M | $131.7M | ||
| Q1 25 | $206.5M | $97.6M | ||
| Q4 24 | $222.6M | $225.2M | ||
| Q3 24 | $237.5M | $114.4M | ||
| Q2 24 | $201.9M | $171.2M |
自由现金流率FASTTER
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 20.2% | ||
| Q3 25 | 15.3% | 0.3% | ||
| Q2 25 | 10.1% | 20.2% | ||
| Q1 25 | 10.5% | 14.2% | ||
| Q4 24 | 12.2% | 29.9% | ||
| Q3 24 | 12.4% | 15.5% | ||
| Q2 24 | 10.5% | 23.5% |
资本支出强度FASTTER
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 5.8% | ||
| Q3 25 | 2.8% | 6.1% | ||
| Q2 25 | 3.3% | 7.7% | ||
| Q1 25 | 2.8% | 9.3% | ||
| Q4 24 | 3.3% | 7.6% | ||
| Q3 24 | 3.1% | 7.0% | ||
| Q2 24 | 2.9% | 6.1% |
现金转化率FASTTER
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 1.09× | ||
| Q3 25 | 1.15× | 0.41× | ||
| Q2 25 | 0.84× | 2.32× | ||
| Q1 25 | 0.88× | 1.63× | ||
| Q4 24 | 1.08× | 1.93× | ||
| Q3 24 | 1.00× | 1.14× | ||
| Q2 24 | 0.88× | 1.16× |
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% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
