vs
Fastenal（FAST）与福泰制药（VRTX）财务数据对比。点击上方公司名可切换其他公司
福泰制药的季度营收约是Fastenal的1.6倍（$3.2B vs $2.0B），福泰制药净利率更高（37.3% vs 14.5%，领先22.8%），福泰制药同比增速更快（9.5% vs 3.5%），福泰制药自由现金流更多（$348.6M vs $308.2M），过去两年福泰制药的营收复合增速更高（8.9% 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。
福泰制药是总部位于美国马萨诸塞州波士顿的生物制药企业，是全球首批明确采用理性药物设计策略、而非组合化学方法开发药物的生物技术公司之一。除波士顿总部外，公司还在加州圣迭戈、英国牛津郡米尔顿公园设有三处研发中心。
FAST vs VRTX — 直观对比
营收规模更大
VRTX
是对方的1.6倍
$2.0B
营收增速更快
VRTX
高出6.1%
3.5%
净利率更高
VRTX
高出22.8%
14.5%
自由现金流更多
VRTX
多$40.4M
$308.2M
两年增速更快
VRTX
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.2B |
| 净利润 | $293.9M | $1.2B |
| 毛利率 | 44.3% | 85.4% |
| 营业利润率 | 18.9% | 37.8% |
| 净利率 | 14.5% | 37.3% |
| 营收同比 | 3.5% | 9.5% |
| 净利润同比 | -1.6% | 30.5% |
| 每股收益（稀释后） | $-0.01 | $4.64 |
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FASTVRTX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $3.2B | ||
| Q3 25 | $2.1B | $3.1B | ||
| Q2 25 | $2.1B | $3.0B | ||
| Q1 25 | $2.0B | $2.8B | ||
| Q4 24 | $1.8B | $2.9B | ||
| Q3 24 | $1.9B | $2.8B | ||
| Q2 24 | $1.9B | $2.6B |
净利润FASTVRTX
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $1.2B | ||
| Q3 25 | $335.5M | $1.1B | ||
| Q2 25 | $330.3M | $1.0B | ||
| Q1 25 | $298.7M | $646.3M | ||
| Q4 24 | $262.1M | $913.0M | ||
| Q3 24 | $298.1M | $1.0B | ||
| Q2 24 | $292.7M | $-3.6B |
毛利率FASTVRTX
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 85.4% | ||
| Q3 25 | 45.3% | 86.5% | ||
| Q2 25 | 45.3% | 86.3% | ||
| Q1 25 | 45.1% | 86.9% | ||
| Q4 24 | 44.8% | 85.5% | ||
| Q3 24 | 44.9% | 85.8% | ||
| Q2 24 | 45.1% | 85.9% |
营业利润率FASTVRTX
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 37.8% | ||
| Q3 25 | 20.7% | 38.6% | ||
| Q2 25 | 21.0% | 38.8% | ||
| Q1 25 | 20.1% | 22.7% | ||
| Q4 24 | 18.9% | 35.2% | ||
| Q3 24 | 20.3% | 40.3% | ||
| Q2 24 | 20.2% | -132.9% |
净利率FASTVRTX
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 37.3% | ||
| Q3 25 | 15.7% | 35.2% | ||
| Q2 25 | 15.9% | 34.8% | ||
| Q1 25 | 15.2% | 23.3% | ||
| Q4 24 | 14.4% | 31.4% | ||
| Q3 24 | 15.6% | 37.7% | ||
| Q2 24 | 15.3% | -135.8% |
每股收益（稀释后）FASTVRTX
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $4.64 | ||
| Q3 25 | $0.29 | $4.20 | ||
| Q2 25 | $0.29 | $3.99 | ||
| Q1 25 | $0.52 | $2.49 | ||
| Q4 24 | $0.45 | $3.62 | ||
| Q3 24 | $0.52 | $4.01 | ||
| Q2 24 | $0.51 | $-13.92 |
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 | $6.6B |
| 总债务越低越好 | $125.0M | — |
| 股东权益账面价值 | $3.9B | $18.7B |
| 总资产 | $5.1B | $25.6B |
| 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FASTVRTX
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $6.6B | ||
| Q3 25 | $288.1M | $6.3B | ||
| Q2 25 | $237.8M | $6.4B | ||
| Q1 25 | $231.8M | $6.2B | ||
| Q4 24 | $255.8M | $6.1B | ||
| Q3 24 | $292.2M | $6.5B | ||
| Q2 24 | $255.5M | $5.8B |
总债务FASTVRTX
| 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FASTVRTX
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $18.7B | ||
| Q3 25 | $3.9B | $17.3B | ||
| Q2 25 | $3.8B | $17.2B | ||
| Q1 25 | $3.7B | $16.5B | ||
| Q4 24 | $3.6B | $16.4B | ||
| Q3 24 | $3.6B | $15.6B | ||
| Q2 24 | $3.5B | $14.8B |
总资产FASTVRTX
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $25.6B | ||
| Q3 25 | $5.1B | $24.9B | ||
| Q2 25 | $5.0B | $24.0B | ||
| Q1 25 | $4.9B | $22.9B | ||
| Q4 24 | $4.7B | $22.5B | ||
| Q3 24 | $4.7B | $22.2B | ||
| Q2 24 | $4.6B | $20.1B |
负债/权益比FASTVRTX
| 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 | $498.0M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $348.6M |
| 自由现金流率自由现金流/营收 | 15.2% | 10.9% |
| 资本支出强度资本支出/营收 | 3.0% | 4.7% |
| 现金转化率经营现金流/净利润 | 1.25× | 0.42× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $3.2B |
8季度趋势，按日历期对齐
经营现金流FASTVRTX
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $498.0M | ||
| Q3 25 | $386.9M | $1.2B | ||
| Q2 25 | $278.6M | $1.1B | ||
| Q1 25 | $262.2M | $818.9M | ||
| Q4 24 | $282.8M | $584.6M | ||
| Q3 24 | $296.9M | $1.4B | ||
| Q2 24 | $258.0M | $-3.8B |
自由现金流FASTVRTX
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $348.6M | ||
| Q3 25 | $326.6M | $1.1B | ||
| Q2 25 | $209.3M | $927.4M | ||
| Q1 25 | $206.5M | $778.2M | ||
| Q4 24 | $222.6M | $492.0M | ||
| Q3 24 | $237.5M | $1.3B | ||
| Q2 24 | $201.9M | $-3.8B |
自由现金流率FASTVRTX
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 10.9% | ||
| Q3 25 | 15.3% | 37.0% | ||
| Q2 25 | 10.1% | 31.3% | ||
| Q1 25 | 10.5% | 28.1% | ||
| Q4 24 | 12.2% | 16.9% | ||
| Q3 24 | 12.4% | 47.0% | ||
| Q2 24 | 10.5% | -144.5% |
资本支出强度FASTVRTX
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 4.7% | ||
| Q3 25 | 2.8% | 3.3% | ||
| Q2 25 | 3.3% | 4.9% | ||
| Q1 25 | 2.8% | 1.5% | ||
| Q4 24 | 3.3% | 3.2% | ||
| Q3 24 | 3.1% | 2.4% | ||
| Q2 24 | 2.9% | 2.6% |
现金转化率FASTVRTX
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | 0.42× | ||
| Q3 25 | 1.15× | 1.15× | ||
| Q2 25 | 0.84× | 1.04× | ||
| Q1 25 | 0.88× | 1.27× | ||
| Q4 24 | 1.08× | 0.64× | ||
| Q3 24 | 1.00× | 1.31× | ||
| 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% |
VRTX
| TRIKAFTAKAFTRIO | $2.6B | 81% |
| ALYFTREK | $380.1M | 12% |
| Manufactured Product Other | $237.4M | 7% |
