vs
德纳（DAN）与Fabrinet（FN）财务数据对比。点击上方公司名可切换其他公司
德纳的季度营收约是Fabrinet的1.1倍（$1.3B vs $1.1B），Fabrinet净利率更高（9.9% vs -3.9%，领先13.8%），Fabrinet同比增速更快（35.9% vs -44.5%），德纳自由现金流更多（$345.0M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
DAN vs FN — 直观对比
营收规模更大
DAN
是对方的1.1倍
$1.1B
营收增速更快
FN
高出80.4%
-44.5%
净利率更高
FN
高出13.8%
-3.9%
自由现金流更多
DAN
多$350.3M
$-5.3M
两年增速更快
FN
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.1B |
| 净利润 | $-50.0M | $112.6M |
| 毛利率 | 6.0% | 12.2% |
| 营业利润率 | -0.2% | 10.1% |
| 净利率 | -3.9% | 9.9% |
| 营收同比 | -44.5% | 35.9% |
| 净利润同比 | 37.5% | 30.0% |
| 每股收益（稀释后） | $-0.36 | $3.11 |
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DANFN
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.9B | $978.1M | ||
| Q2 25 | $1.9B | $909.7M | ||
| Q1 25 | $2.4B | $871.8M | ||
| Q4 24 | $2.3B | $833.6M | ||
| Q3 24 | $2.5B | $804.2M | ||
| Q2 24 | $2.7B | $753.3M | ||
| Q1 24 | $2.7B | $731.5M |
净利润DANFN
| Q4 25 | $-50.0M | $112.6M | ||
| Q3 25 | $83.0M | $95.9M | ||
| Q2 25 | $27.0M | $87.2M | ||
| Q1 25 | $25.0M | $81.3M | ||
| Q4 24 | $-80.0M | $86.6M | ||
| Q3 24 | $4.0M | $77.4M | ||
| Q2 24 | $16.0M | $81.1M | ||
| Q1 24 | $3.0M | $80.9M |
毛利率DANFN
| Q4 25 | 6.0% | 12.2% | ||
| Q3 25 | 8.7% | 11.9% | ||
| Q2 25 | 7.1% | 12.2% | ||
| Q1 25 | 9.4% | 11.7% | ||
| Q4 24 | 5.7% | 12.1% | ||
| Q3 24 | 9.9% | 12.3% | ||
| Q2 24 | 9.3% | 12.3% | ||
| Q1 24 | 8.9% | 12.4% |
营业利润率DANFN
| Q4 25 | -0.2% | 10.1% | ||
| Q3 25 | 2.8% | 9.6% | ||
| Q2 25 | 0.8% | 9.8% | ||
| Q1 25 | 3.1% | 9.0% | ||
| Q4 24 | -1.5% | 9.5% | ||
| Q3 24 | 3.6% | 9.6% | ||
| Q2 24 | 3.8% | 9.7% | ||
| Q1 24 | 2.6% | 9.7% |
净利率DANFN
| Q4 25 | -3.9% | 9.9% | ||
| Q3 25 | 4.3% | 9.8% | ||
| Q2 25 | 1.4% | 9.6% | ||
| Q1 25 | 1.1% | 9.3% | ||
| Q4 24 | -3.4% | 10.4% | ||
| Q3 24 | 0.2% | 9.6% | ||
| Q2 24 | 0.6% | 10.8% | ||
| Q1 24 | 0.1% | 11.1% |
每股收益（稀释后）DANFN
| Q4 25 | $-0.36 | $3.11 | ||
| Q3 25 | $0.64 | $2.66 | ||
| Q2 25 | $0.19 | $2.41 | ||
| Q1 25 | $0.17 | $2.25 | ||
| Q4 24 | $-0.55 | $2.38 | ||
| Q3 24 | $0.03 | $2.13 | ||
| Q2 24 | $0.11 | $2.22 | ||
| Q1 24 | $0.02 | $2.21 |
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 | $469.0M | $960.8M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $840.0M | $2.2B |
| 总资产 | $7.8B | $3.3B |
| 负债/权益比越低杠杆越低 | 3.05× | — |
8季度趋势，按日历期对齐
现金及短期投资DANFN
| Q4 25 | $469.0M | $960.8M | ||
| Q3 25 | $414.0M | $968.8M | ||
| Q2 25 | $486.0M | $934.2M | ||
| Q1 25 | $507.0M | $950.7M | ||
| Q4 24 | $494.0M | $934.6M | ||
| Q3 24 | $419.0M | $908.9M | ||
| Q2 24 | $419.0M | $858.6M | ||
| Q1 24 | $351.0M | $794.0M |
总债务DANFN
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANFN
| Q4 25 | $840.0M | $2.2B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.5B | $1.7B |
总资产DANFN
| Q4 25 | $7.8B | $3.3B | ||
| Q3 25 | $8.1B | $3.0B | ||
| Q2 25 | $8.1B | $2.8B | ||
| Q1 25 | $7.8B | $2.6B | ||
| Q4 24 | $7.5B | $2.5B | ||
| Q3 24 | $7.9B | $2.4B | ||
| Q2 24 | $7.8B | $2.3B | ||
| Q1 24 | $7.9B | $2.2B |
负债/权益比DANFN
| Q4 25 | 3.05× | — | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $46.3M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $-5.3M |
| 自由现金流率自由现金流/营收 | 26.6% | -0.5% |
| 资本支出强度资本支出/营收 | 4.7% | 4.6% |
| 现金转化率经营现金流/净利润 | — | 0.41× |
| 过去12个月自由现金流最近4个季度 | $298.0M | $102.3M |
8季度趋势，按日历期对齐
经营现金流DANFN
| Q4 25 | $406.0M | $46.3M | ||
| Q3 25 | $111.0M | $102.6M | ||
| Q2 25 | $32.0M | $55.1M | ||
| Q1 25 | $-37.0M | $74.2M | ||
| Q4 24 | $302.0M | $115.9M | ||
| Q3 24 | $35.0M | $83.2M | ||
| Q2 24 | $215.0M | $83.1M | ||
| Q1 24 | $-102.0M | $100.9M |
自由现金流DANFN
| Q4 25 | $345.0M | $-5.3M | ||
| Q3 25 | $62.0M | $57.3M | ||
| Q2 25 | $3.0M | $4.7M | ||
| Q1 25 | $-112.0M | $45.7M | ||
| Q4 24 | $149.0M | $94.0M | ||
| Q3 24 | $-11.0M | $62.9M | ||
| Q2 24 | $104.0M | $70.4M | ||
| Q1 24 | $-172.0M | $87.3M |
自由现金流率DANFN
| Q4 25 | 26.6% | -0.5% | ||
| Q3 25 | 3.2% | 5.9% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | -4.8% | 5.2% | ||
| Q4 24 | 6.4% | 11.3% | ||
| Q3 24 | -0.4% | 7.8% | ||
| Q2 24 | 3.8% | 9.3% | ||
| Q1 24 | -6.3% | 11.9% |
资本支出强度DANFN
| Q4 25 | 4.7% | 4.6% | ||
| Q3 25 | 2.6% | 4.6% | ||
| Q2 25 | 1.5% | 5.5% | ||
| Q1 25 | 3.2% | 3.3% | ||
| Q4 24 | 6.6% | 2.6% | ||
| Q3 24 | 1.9% | 2.5% | ||
| Q2 24 | 4.1% | 1.7% | ||
| Q1 24 | 2.6% | 1.9% |
现金转化率DANFN
| Q4 25 | — | 0.41× | ||
| Q3 25 | 1.34× | 1.07× | ||
| Q2 25 | 1.19× | 0.63× | ||
| Q1 25 | -1.48× | 0.91× | ||
| Q4 24 | — | 1.34× | ||
| Q3 24 | 8.75× | 1.07× | ||
| Q2 24 | 13.44× | 1.02× | ||
| Q1 24 | -34.00× | 1.25× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
