vs
Fastenal（FAST）与惠好（WY）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是惠好的1.3倍（$2.0B vs $1.5B），Fastenal净利率更高（14.5% vs 4.8%，领先9.7%），Fastenal同比增速更快（3.5% vs -9.8%），Fastenal自由现金流更多（$308.2M vs $-128.0M），过去两年Fastenal的营收复合增速更高（2.9% vs -7.4%）
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。
惠好是美国知名林地运营企业，在美国本土持有约1040万英亩林地，同时通过长期许可协议在加拿大管理额外1400万英亩林地。企业拥有逾百年木制品生产历史，目前以房地产投资信托（REIT）模式运营。
FAST vs WY — 直观对比
营收规模更大
FAST
是对方的1.3倍
$1.5B
营收增速更快
FAST
高出13.3%
-9.8%
净利率更高
FAST
高出9.7%
4.8%
自由现金流更多
FAST
多$436.2M
$-128.0M
两年增速更快
FAST
近两年复合增速
-7.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.5B |
| 净利润 | $293.9M | $74.0M |
| 毛利率 | 44.3% | 10.4% |
| 营业利润率 | 18.9% | 16.3% |
| 净利率 | 14.5% | 4.8% |
| 营收同比 | 3.5% | -9.8% |
| 净利润同比 | -1.6% | -8.6% |
| 每股收益（稀释后） | $-0.01 | $0.11 |
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FASTWY
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.0B | $1.8B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.9B | $1.9B |
净利润FASTWY
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $74.0M | ||
| Q3 25 | $335.5M | $80.0M | ||
| Q2 25 | $330.3M | $87.0M | ||
| Q1 25 | $298.7M | $83.0M | ||
| Q4 24 | $262.1M | $81.0M | ||
| Q3 24 | $298.1M | $28.0M | ||
| Q2 24 | $292.7M | $173.0M |
毛利率FASTWY
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 10.4% | ||
| Q3 25 | 45.3% | 11.9% | ||
| Q2 25 | 45.3% | 17.3% | ||
| Q1 25 | 45.1% | 19.0% | ||
| Q4 24 | 44.8% | 17.8% | ||
| Q3 24 | 44.9% | 14.9% | ||
| Q2 24 | 45.1% | 20.8% |
营业利润率FASTWY
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 16.3% | ||
| Q3 25 | 20.7% | 7.2% | ||
| Q2 25 | 21.0% | 9.4% | ||
| Q1 25 | 20.1% | 10.2% | ||
| Q4 24 | 18.9% | 8.3% | ||
| Q3 24 | 20.3% | 4.6% | ||
| Q2 24 | 20.2% | 13.9% |
净利率FASTWY
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | 4.8% | ||
| Q3 25 | 15.7% | 4.7% | ||
| Q2 25 | 15.9% | 4.6% | ||
| Q1 25 | 15.2% | 4.7% | ||
| Q4 24 | 14.4% | 4.7% | ||
| Q3 24 | 15.6% | 1.7% | ||
| Q2 24 | 15.3% | 8.9% |
每股收益（稀释后）FASTWY
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $0.11 | ||
| Q3 25 | $0.29 | $0.11 | ||
| Q2 25 | $0.29 | $0.12 | ||
| Q1 25 | $0.52 | $0.11 | ||
| Q4 24 | $0.45 | $0.10 | ||
| Q3 24 | $0.52 | $0.04 | ||
| Q2 24 | $0.51 | $0.24 |
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 | $464.0M |
| 总债务越低越好 | $125.0M | $5.6B |
| 股东权益账面价值 | $3.9B | $9.4B |
| 总资产 | $5.1B | $16.6B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资FASTWY
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $464.0M | ||
| Q3 25 | $288.1M | $401.0M | ||
| Q2 25 | $237.8M | $592.0M | ||
| Q1 25 | $231.8M | $560.0M | ||
| Q4 24 | $255.8M | $684.0M | ||
| Q3 24 | $292.2M | $877.0M | ||
| Q2 24 | $255.5M | $997.0M |
总债务FASTWY
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $5.6B | ||
| Q3 25 | $195.0M | — | ||
| Q2 25 | $230.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | $5.1B | ||
| Q3 24 | $240.0M | — | ||
| Q2 24 | $235.0M | — |
股东权益FASTWY
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $9.4B | ||
| Q3 25 | $3.9B | $9.4B | ||
| Q2 25 | $3.8B | $9.5B | ||
| Q1 25 | $3.7B | $9.6B | ||
| Q4 24 | $3.6B | $9.7B | ||
| Q3 24 | $3.6B | $9.9B | ||
| Q2 24 | $3.5B | $10.0B |
总资产FASTWY
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $16.6B | ||
| Q3 25 | $5.1B | $16.7B | ||
| Q2 25 | $5.0B | $16.5B | ||
| Q1 25 | $4.9B | $16.5B | ||
| Q4 24 | $4.7B | $16.5B | ||
| Q3 24 | $4.7B | $16.7B | ||
| Q2 24 | $4.6B | $16.8B |
负债/权益比FASTWY
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 0.59× | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 0.06× | 0.52× | ||
| 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 | $-114.0M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $-128.0M |
| 自由现金流率自由现金流/营收 | 15.2% | -8.3% |
| 资本支出强度资本支出/营收 | 3.0% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.25× | -1.54× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $511.0M |
8季度趋势，按日历期对齐
经营现金流FASTWY
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $-114.0M | ||
| Q3 25 | $386.9M | $210.0M | ||
| Q2 25 | $278.6M | $396.0M | ||
| Q1 25 | $262.2M | $70.0M | ||
| Q4 24 | $282.8M | $218.0M | ||
| Q3 24 | $296.9M | $234.0M | ||
| Q2 24 | $258.0M | $432.0M |
自由现金流FASTWY
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $-128.0M | ||
| Q3 25 | $326.6M | $203.0M | ||
| Q2 25 | $209.3M | $388.0M | ||
| Q1 25 | $206.5M | $48.0M | ||
| Q4 24 | $222.6M | $205.0M | ||
| Q3 24 | $237.5M | $226.0M | ||
| Q2 24 | $201.9M | $423.0M |
自由现金流率FASTWY
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | -8.3% | ||
| Q3 25 | 15.3% | 11.8% | ||
| Q2 25 | 10.1% | 20.6% | ||
| Q1 25 | 10.5% | 2.7% | ||
| Q4 24 | 12.2% | 12.0% | ||
| Q3 24 | 12.4% | 13.4% | ||
| Q2 24 | 10.5% | 21.8% |
资本支出强度FASTWY
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 0.9% | ||
| Q3 25 | 2.8% | 0.4% | ||
| Q2 25 | 3.3% | 0.4% | ||
| Q1 25 | 2.8% | 1.2% | ||
| Q4 24 | 3.3% | 0.8% | ||
| Q3 24 | 3.1% | 0.5% | ||
| Q2 24 | 2.9% | 0.5% |
现金转化率FASTWY
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | -1.54× | ||
| Q3 25 | 1.15× | 2.63× | ||
| Q2 25 | 0.84× | 4.55× | ||
| Q1 25 | 0.88× | 0.84× | ||
| Q4 24 | 1.08× | 2.69× | ||
| Q3 24 | 1.00× | 8.36× | ||
| Q2 24 | 0.88× | 2.50× |
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% |
WY
暂无分部数据
