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ARBOR REALTY TRUST INC（ABR）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是ARBOR REALTY TRUST INC的1.1倍（$143.5M vs $133.4M），FTAI Infrastructure Inc.同比增速更快（77.7% vs -12.1%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs -8.9%）
Arbor Realty Trust Inc.是总部位于美国的专业房地产投资信托（REIT）企业，主要为多户住宅及商业地产项目提供结构性融资服务，涵盖过渡贷款、机构贷款、夹层融资等品类，服务覆盖美国各地的地产持有者、开发商及房产投资群体。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
ABR vs FIP — 直观对比
营收规模更大
FIP
是对方的1.1倍
$133.4M
营收增速更快
FIP
高出89.8%
-12.1%
两年增速更快
FIP
近两年复合增速
-8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $133.4M | $143.5M |
| 净利润 | — | $-97.7M |
| 毛利率 | — | — |
| 营业利润率 | — | -45.7% |
| 净利率 | — | -68.1% |
| 营收同比 | -12.1% | 77.7% |
| 净利润同比 | — | 21.6% |
| 每股收益（稀释后） | $0.08 | $-1.04 |
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ABRFIP
| Q4 25 | $133.4M | $143.5M | ||
| Q3 25 | $112.4M | $140.6M | ||
| Q2 25 | $130.4M | $122.3M | ||
| Q1 25 | $134.2M | $96.2M | ||
| Q4 24 | $151.7M | $80.8M | ||
| Q3 24 | $156.7M | $83.3M | ||
| Q2 24 | $153.1M | $84.9M | ||
| Q1 24 | $160.7M | $82.5M |
净利润ABRFIP
| Q4 25 | — | $-97.7M | ||
| Q3 25 | $52.0M | $-104.5M | ||
| Q2 25 | $36.3M | $-70.0M | ||
| Q1 25 | $43.4M | $120.2M | ||
| Q4 24 | — | $-124.7M | ||
| Q3 24 | $73.5M | $-43.0M | ||
| Q2 24 | $61.8M | $-48.1M | ||
| Q1 24 | $73.2M | $-50.3M |
营业利润率ABRFIP
| Q4 25 | — | -45.7% | ||
| Q3 25 | — | -70.8% | ||
| Q2 25 | — | -56.4% | ||
| Q1 25 | — | 81.8% | ||
| Q4 24 | — | -152.7% | ||
| Q3 24 | — | -51.7% | ||
| Q2 24 | — | -56.4% | ||
| Q1 24 | 46.9% | -58.8% |
净利率ABRFIP
| Q4 25 | — | -68.1% | ||
| Q3 25 | 46.3% | -74.4% | ||
| Q2 25 | 27.8% | -57.2% | ||
| Q1 25 | 32.3% | 125.0% | ||
| Q4 24 | — | -154.4% | ||
| Q3 24 | 46.9% | -51.6% | ||
| Q2 24 | 40.4% | -56.7% | ||
| Q1 24 | 45.6% | -60.9% |
每股收益（稀释后）ABRFIP
| Q4 25 | $0.08 | $-1.04 | ||
| Q3 25 | $0.20 | $-1.38 | ||
| Q2 25 | $0.12 | $-0.73 | ||
| Q1 25 | $0.16 | $0.89 | ||
| Q4 24 | $0.31 | $-1.21 | ||
| Q3 24 | $0.31 | $-0.45 | ||
| Q2 24 | $0.25 | $-0.52 | ||
| Q1 24 | $0.31 | $-0.54 |
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 | $482.9M | $57.4M |
| 总债务越低越好 | $11.1B | $3.8B |
| 股东权益账面价值 | $3.0B | $21.3M |
| 总资产 | $14.5B | $5.7B |
| 负债/权益比越低杠杆越低 | 3.75× | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资ABRFIP
| Q4 25 | $482.9M | $57.4M | ||
| Q3 25 | $423.4M | $34.7M | ||
| Q2 25 | $255.7M | $33.6M | ||
| Q1 25 | $308.8M | $26.3M | ||
| Q4 24 | $503.8M | $27.8M | ||
| Q3 24 | $687.5M | $20.3M | ||
| Q2 24 | $737.5M | $33.1M | ||
| Q1 24 | $908.0M | $23.0M |
总债务ABRFIP
| Q4 25 | $11.1B | $3.8B | ||
| Q3 25 | $10.4B | $3.7B | ||
| Q2 25 | $10.1B | $3.1B | ||
| Q1 25 | $9.9B | $2.8B | ||
| Q4 24 | $10.0B | $1.6B | ||
| Q3 24 | $10.3B | $1.5B | ||
| Q2 24 | $10.6B | $1.6B | ||
| Q1 24 | $11.4B | $1.3B |
股东权益ABRFIP
| Q4 25 | $3.0B | $21.3M | ||
| Q3 25 | $3.0B | $181.1M | ||
| Q2 25 | $3.0B | $375.5M | ||
| Q1 25 | $3.0B | $476.2M | ||
| Q4 24 | $3.0B | $202.7M | ||
| Q3 24 | $3.0B | $370.8M | ||
| Q2 24 | $3.1B | $394.8M | ||
| Q1 24 | $3.1B | $402.5M |
总资产ABRFIP
| Q4 25 | $14.5B | $5.7B | ||
| Q3 25 | $13.9B | $5.5B | ||
| Q2 25 | $13.6B | $4.4B | ||
| Q1 25 | $13.4B | $4.1B | ||
| Q4 24 | $13.5B | $2.4B | ||
| Q3 24 | $13.9B | $2.4B | ||
| Q2 24 | $14.2B | $2.5B | ||
| Q1 24 | $15.1B | $2.3B |
负债/权益比ABRFIP
| Q4 25 | 3.75× | 176.99× | ||
| Q3 25 | 3.47× | 20.59× | ||
| Q2 25 | 3.40× | 8.21× | ||
| Q1 25 | 3.29× | 5.79× | ||
| Q4 24 | 3.29× | 7.84× | ||
| Q3 24 | 3.40× | 4.14× | ||
| Q2 24 | 3.47× | 3.94× | ||
| Q1 24 | 3.68× | 3.34× |
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 | $372.4M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-68.6M |
| 自由现金流率自由现金流/营收 | — | -47.8% |
| 资本支出强度资本支出/营收 | — | 45.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-398.5M |
8季度趋势，按日历期对齐
经营现金流ABRFIP
| Q4 25 | $372.4M | $-2.8M | ||
| Q3 25 | $178.7M | $-24.4M | ||
| Q2 25 | $60.0M | $-5.2M | ||
| Q1 25 | $150.5M | $-85.7M | ||
| Q4 24 | $461.5M | $-8.1M | ||
| Q3 24 | $85.0M | $14.2M | ||
| Q2 24 | $69.9M | $-17.6M | ||
| Q1 24 | $260.0M | $-3.9M |
自由现金流ABRFIP
| Q4 25 | — | $-68.6M | ||
| Q3 25 | — | $-90.7M | ||
| Q2 25 | — | $-87.5M | ||
| Q1 25 | — | $-151.7M | ||
| Q4 24 | — | $-34.3M | ||
| Q3 24 | — | $-11.7M | ||
| Q2 24 | — | $-32.1M | ||
| Q1 24 | — | $-16.7M |
自由现金流率ABRFIP
| Q4 25 | — | -47.8% | ||
| Q3 25 | — | -64.5% | ||
| Q2 25 | — | -71.6% | ||
| Q1 25 | — | -157.7% | ||
| Q4 24 | — | -42.4% | ||
| Q3 24 | — | -14.0% | ||
| Q2 24 | — | -37.9% | ||
| Q1 24 | — | -20.3% |
资本支出强度ABRFIP
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 67.3% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 32.5% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | — | 17.2% | ||
| Q1 24 | — | 15.6% |
现金转化率ABRFIP
| Q4 25 | — | — | ||
| Q3 25 | 3.44× | — | ||
| Q2 25 | 1.65× | — | ||
| Q1 25 | 3.47× | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 3.55× | — |
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
ABR
暂无分部数据
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
