vs
Fastenal（FAST）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
泰佩思琦的季度营收约是Fastenal的1.2倍（$2.5B vs $2.0B），泰佩思琦净利率更高（22.4% vs 14.5%，领先7.9%），泰佩思琦同比增速更快（14.0% vs 3.5%），泰佩思琦自由现金流更多（$1.0B vs $308.2M），过去两年泰佩思琦的营收复合增速更高（29.9% 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。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
FAST vs TPR — 直观对比
营收规模更大
TPR
是对方的1.2倍
$2.0B
营收增速更快
TPR
高出10.5%
3.5%
净利率更高
TPR
高出7.9%
14.5%
自由现金流更多
TPR
多$729.3M
$308.2M
两年增速更快
TPR
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.5B |
| 净利润 | $293.9M | $561.3M |
| 毛利率 | 44.3% | 75.5% |
| 营业利润率 | 18.9% | 28.6% |
| 净利率 | 14.5% | 22.4% |
| 营收同比 | 3.5% | 14.0% |
| 净利润同比 | -1.6% | 80.8% |
| 每股收益（稀释后） | $-0.01 | $2.68 |
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FASTTPR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $2.5B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.9B | $1.5B | ||
| Q2 24 | $1.9B | $1.6B |
净利润FASTTPR
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $561.3M | ||
| Q3 25 | $335.5M | $274.8M | ||
| Q2 25 | $330.3M | $-517.1M | ||
| Q1 25 | $298.7M | $203.3M | ||
| Q4 24 | $262.1M | $310.4M | ||
| Q3 24 | $298.1M | $186.6M | ||
| Q2 24 | $292.7M | $159.3M |
毛利率FASTTPR
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 75.5% | ||
| Q3 25 | 45.3% | 76.3% | ||
| Q2 25 | 45.3% | 76.3% | ||
| Q1 25 | 45.1% | 76.1% | ||
| Q4 24 | 44.8% | 74.4% | ||
| Q3 24 | 44.9% | 75.3% | ||
| Q2 24 | 45.1% | 74.9% |
营业利润率FASTTPR
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 28.6% | ||
| Q3 25 | 20.7% | 19.3% | ||
| Q2 25 | 21.0% | -33.9% | ||
| Q1 25 | 20.1% | 16.0% | ||
| Q4 24 | 18.9% | 22.4% | ||
| Q3 24 | 20.3% | 16.7% | ||
| Q2 24 | 20.2% | 14.8% |
净利率FASTTPR
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 22.4% | ||
| Q3 25 | 15.7% | 16.1% | ||
| Q2 25 | 15.9% | -30.0% | ||
| Q1 25 | 15.2% | 12.8% | ||
| Q4 24 | 14.4% | 14.1% | ||
| Q3 24 | 15.6% | 12.4% | ||
| Q2 24 | 15.3% | 10.0% |
每股收益（稀释后）FASTTPR
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $2.68 | ||
| Q3 25 | $0.29 | $1.28 | ||
| Q2 25 | $0.29 | $-2.30 | ||
| Q1 25 | $0.52 | $0.95 | ||
| Q4 24 | $0.45 | $1.38 | ||
| Q3 24 | $0.52 | $0.79 | ||
| Q2 24 | $0.51 | $0.67 |
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 | $1.1B |
| 总债务越低越好 | $125.0M | $2.4B |
| 股东权益账面价值 | $3.9B | $551.2M |
| 总资产 | $5.1B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.03× | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资FASTTPR
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $1.1B | ||
| Q3 25 | $288.1M | $743.2M | ||
| Q2 25 | $237.8M | $1.1B | ||
| Q1 25 | $231.8M | $1.1B | ||
| Q4 24 | $255.8M | $1.0B | ||
| Q3 24 | $292.2M | $7.3B | ||
| Q2 24 | $255.5M | $7.2B |
总债务FASTTPR
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $2.4B | ||
| Q3 25 | $195.0M | $2.4B | ||
| Q2 25 | $230.0M | $2.4B | ||
| Q1 25 | $200.0M | $2.4B | ||
| Q4 24 | $200.0M | $2.4B | ||
| Q3 24 | $240.0M | $7.0B | ||
| Q2 24 | $235.0M | $6.9B |
股东权益FASTTPR
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $551.2M | ||
| Q3 25 | $3.9B | $399.5M | ||
| Q2 25 | $3.8B | $857.8M | ||
| Q1 25 | $3.7B | $1.5B | ||
| Q4 24 | $3.6B | $1.3B | ||
| Q3 24 | $3.6B | $3.0B | ||
| Q2 24 | $3.5B | $2.9B |
总资产FASTTPR
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $6.5B | ||
| Q3 25 | $5.1B | $6.4B | ||
| Q2 25 | $5.0B | $6.6B | ||
| Q1 25 | $4.9B | $7.3B | ||
| Q4 24 | $4.7B | $7.3B | ||
| Q3 24 | $4.7B | $13.7B | ||
| Q2 24 | $4.6B | $13.4B |
负债/权益比FASTTPR
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 4.32× | ||
| Q3 25 | 0.05× | 5.95× | ||
| Q2 25 | 0.06× | 2.77× | ||
| Q1 25 | 0.05× | 1.59× | ||
| Q4 24 | 0.06× | 1.78× | ||
| Q3 24 | 0.07× | 2.35× | ||
| Q2 24 | 0.07× | 2.39× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $1.0B |
| 自由现金流率自由现金流/营收 | 15.2% | 41.5% |
| 资本支出强度资本支出/营收 | 3.0% | 1.7% |
| 现金转化率经营现金流/净利润 | 1.25× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $1.6B |
8季度趋势，按日历期对齐
经营现金流FASTTPR
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $1.1B | ||
| Q3 25 | $386.9M | $112.6M | ||
| Q2 25 | $278.6M | $446.8M | ||
| Q1 25 | $262.2M | $144.3M | ||
| Q4 24 | $282.8M | $506.0M | ||
| Q3 24 | $296.9M | $119.5M | ||
| Q2 24 | $258.0M | $256.0M |
自由现金流FASTTPR
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $1.0B | ||
| Q3 25 | $326.6M | $80.2M | ||
| Q2 25 | $209.3M | $411.5M | ||
| Q1 25 | $206.5M | $113.4M | ||
| Q4 24 | $222.6M | $475.1M | ||
| Q3 24 | $237.5M | $93.9M | ||
| Q2 24 | $201.9M | $209.8M |
自由现金流率FASTTPR
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 41.5% | ||
| Q3 25 | 15.3% | 4.7% | ||
| Q2 25 | 10.1% | 23.9% | ||
| Q1 25 | 10.5% | 7.2% | ||
| Q4 24 | 12.2% | 21.6% | ||
| Q3 24 | 12.4% | 6.2% | ||
| Q2 24 | 10.5% | 13.2% |
资本支出强度FASTTPR
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 1.7% | ||
| Q3 25 | 2.8% | 1.9% | ||
| Q2 25 | 3.3% | 2.0% | ||
| Q1 25 | 2.8% | 2.0% | ||
| Q4 24 | 3.3% | 1.4% | ||
| Q3 24 | 3.1% | 1.7% | ||
| Q2 24 | 2.9% | 2.9% |
现金转化率FASTTPR
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 1.93× | ||
| Q3 25 | 1.15× | 0.41× | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.88× | 0.71× | ||
| Q4 24 | 1.08× | 1.63× | ||
| Q3 24 | 1.00× | 0.64× | ||
| Q2 24 | 0.88× | 1.61× |
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
