vs
Andersons, Inc.（ANDE）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
Andersons, Inc.的季度营收约是FTAI Infrastructure Inc.的1.7倍（$329.5M vs $188.4M），Andersons, Inc.净利率更高（20.5% vs -79.7%，领先100.2%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -2.4%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs -1.8%）
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
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。
ANDE vs FIP — 直观对比
营收规模更大
ANDE
是对方的1.7倍
$188.4M
营收增速更快
FIP
高出98.3%
-2.4%
净利率更高
ANDE
高出100.2%
-79.7%
两年增速更快
FIP
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $329.5M | $188.4M |
| 净利润 | $67.4M | $-150.2M |
| 毛利率 | 70.3% | — |
| 营业利润率 | 26.6% | — |
| 净利率 | 20.5% | -79.7% |
| 营收同比 | -2.4% | 95.9% |
| 净利润同比 | 49.6% | -387.6% |
| 每股收益（稀释后） | — | $-1.32 |
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ANDEFIP
| Q1 26 | — | $188.4M | ||
| Q4 25 | $329.5M | $143.5M | ||
| Q3 25 | $295.8M | $140.6M | ||
| Q2 25 | $535.0M | $122.3M | ||
| Q1 25 | $370.8M | $96.2M | ||
| Q4 24 | $337.5M | $80.8M | ||
| Q3 24 | $231.9M | $83.3M | ||
| Q2 24 | $492.5M | $84.9M |
净利润ANDEFIP
| Q1 26 | — | $-150.2M | ||
| Q4 25 | $67.4M | $-97.7M | ||
| Q3 25 | $20.1M | $-104.5M | ||
| Q2 25 | $7.9M | $-70.0M | ||
| Q1 25 | $284.0K | $120.2M | ||
| Q4 24 | $45.1M | $-124.7M | ||
| Q3 24 | $27.4M | $-43.0M | ||
| Q2 24 | $36.0M | $-48.1M |
毛利率ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | 70.3% | — | ||
| Q3 25 | 57.8% | — | ||
| Q2 25 | 29.6% | — | ||
| Q1 25 | 41.2% | — | ||
| Q4 24 | 63.1% | — | ||
| Q3 24 | 76.4% | — | ||
| Q2 24 | 35.6% | — |
营业利润率ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | 26.6% | -45.7% | ||
| Q3 25 | 8.7% | -70.8% | ||
| Q2 25 | 4.6% | -56.4% | ||
| Q1 25 | 0.9% | 81.8% | ||
| Q4 24 | 19.9% | -152.7% | ||
| Q3 24 | 26.8% | -51.7% | ||
| Q2 24 | 11.6% | -56.4% |
净利率ANDEFIP
| Q1 26 | — | -79.7% | ||
| Q4 25 | 20.5% | -68.1% | ||
| Q3 25 | 6.8% | -74.4% | ||
| Q2 25 | 1.5% | -57.2% | ||
| Q1 25 | 0.1% | 125.0% | ||
| Q4 24 | 13.4% | -154.4% | ||
| Q3 24 | 11.8% | -51.6% | ||
| Q2 24 | 7.3% | -56.7% |
每股收益（稀释后）ANDEFIP
| Q1 26 | — | $-1.32 | ||
| Q4 25 | — | $-1.04 | ||
| Q3 25 | $0.59 | $-1.38 | ||
| Q2 25 | $0.23 | $-0.73 | ||
| Q1 25 | $0.01 | $0.89 | ||
| Q4 24 | $1.31 | $-1.21 | ||
| Q3 24 | $0.80 | $-0.45 | ||
| Q2 24 | $1.05 | $-0.52 |
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 | $98.3M | $37.9M |
| 总债务越低越好 | $560.0M | — |
| 股东权益账面价值 | $1.2B | $-122.5K |
| 总资产 | $3.7B | $5.7B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资ANDEFIP
| Q1 26 | — | $37.9M | ||
| Q4 25 | $98.3M | $57.4M | ||
| Q3 25 | — | $34.7M | ||
| Q2 25 | — | $33.6M | ||
| Q1 25 | — | $26.3M | ||
| Q4 24 | $561.8M | $27.8M | ||
| Q3 24 | — | $20.3M | ||
| Q2 24 | — | $33.1M |
总债务ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | $560.0M | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $608.2M | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B |
股东权益ANDEFIP
| Q1 26 | — | $-122.5K | ||
| Q4 25 | $1.2B | $21.3M | ||
| Q3 25 | $1.2B | $181.1M | ||
| Q2 25 | $1.4B | $375.5M | ||
| Q1 25 | $1.4B | $476.2M | ||
| Q4 24 | $1.4B | $202.7M | ||
| Q3 24 | $1.3B | $370.8M | ||
| Q2 24 | $1.3B | $394.8M |
总资产ANDEFIP
| Q1 26 | — | $5.7B | ||
| Q4 25 | $3.7B | $5.7B | ||
| Q3 25 | $3.3B | $5.5B | ||
| Q2 25 | $3.4B | $4.4B | ||
| Q1 25 | $3.8B | $4.1B | ||
| Q4 24 | $4.1B | $2.4B | ||
| Q3 24 | $3.4B | $2.4B | ||
| Q2 24 | $3.3B | $2.5B |
负债/权益比ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | 0.45× | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× |
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 | $-6.2M | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | $-77.1M | — |
| 自由现金流率自由现金流/营收 | -23.4% | — |
| 资本支出强度资本支出/营收 | 21.5% | — |
| 现金转化率经营现金流/净利润 | -0.09× | — |
| 过去12个月自由现金流最近4个季度 | $-56.1M | — |
8季度趋势，按日历期对齐
经营现金流ANDEFIP
| Q1 26 | — | $-69.4M | ||
| Q4 25 | $-6.2M | $-2.8M | ||
| Q3 25 | $233.9M | $-24.4M | ||
| Q2 25 | $299.3M | $-5.2M | ||
| Q1 25 | $-350.0M | $-85.7M | ||
| Q4 24 | $268.8M | $-8.1M | ||
| Q3 24 | $-2.1M | $14.2M | ||
| Q2 24 | $304.4M | $-17.6M |
自由现金流ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | $-77.1M | $-68.6M | ||
| Q3 25 | $167.0M | $-90.7M | ||
| Q2 25 | $250.5M | $-87.5M | ||
| Q1 25 | $-396.6M | $-151.7M | ||
| Q4 24 | $212.9M | $-34.3M | ||
| Q3 24 | $-40.0M | $-11.7M | ||
| Q2 24 | $275.8M | $-32.1M |
自由现金流率ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | -23.4% | -47.8% | ||
| Q3 25 | 56.5% | -64.5% | ||
| Q2 25 | 46.8% | -71.6% | ||
| Q1 25 | -106.9% | -157.7% | ||
| Q4 24 | 63.1% | -42.4% | ||
| Q3 24 | -17.2% | -14.0% | ||
| Q2 24 | 56.0% | -37.9% |
资本支出强度ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | 21.5% | 45.9% | ||
| Q3 25 | 22.6% | 47.2% | ||
| Q2 25 | 9.1% | 67.3% | ||
| Q1 25 | 12.6% | 68.6% | ||
| Q4 24 | 16.6% | 32.5% | ||
| Q3 24 | 16.3% | 31.1% | ||
| Q2 24 | 5.8% | 17.2% |
现金转化率ANDEFIP
| Q1 26 | — | — | ||
| Q4 25 | -0.09× | — | ||
| Q3 25 | 11.61× | — | ||
| Q2 25 | 38.10× | — | ||
| Q1 25 | -1232.46× | -0.71× | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | — |
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
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
FIP
暂无分部数据
