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Esperion Therapeutics, Inc.（ESPR）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
Esperion Therapeutics, Inc.的季度营收约是FTAI Infrastructure Inc.的1.2倍（$168.4M vs $143.5M），Esperion Therapeutics, Inc.同比增速更快（143.7% vs 77.7%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 10.6%）
Esperion Therapeutics, Inc.是一家上市美国药企，专注开发用于降低低密度脂蛋白胆固醇的口服小分子药物苯哌多酸，公司总部位于密歇根州安娜堡，目前核心研发管线围绕这款降脂创新药物推进，深耕血脂异常治疗领域的创新药物开发。
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。
ESPR vs FIP — 直观对比
营收规模更大
ESPR
是对方的1.2倍
$143.5M
营收增速更快
ESPR
高出66.0%
77.7%
两年增速更快
FIP
近两年复合增速
10.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $168.4M | $143.5M |
| 净利润 | — | $-97.7M |
| 毛利率 | — | — |
| 营业利润率 | 50.6% | -45.7% |
| 净利率 | — | -68.1% |
| 营收同比 | 143.7% | 77.7% |
| 净利润同比 | — | 21.6% |
| 每股收益（稀释后） | $0.32 | $-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ESPRFIP
| Q4 25 | $168.4M | $143.5M | ||
| Q3 25 | $87.3M | $140.6M | ||
| Q2 25 | $82.4M | $122.3M | ||
| Q1 25 | $65.0M | $96.2M | ||
| Q4 24 | $69.1M | $80.8M | ||
| Q3 24 | $51.6M | $83.3M | ||
| Q2 24 | $73.8M | $84.9M | ||
| Q1 24 | $137.7M | $82.5M |
净利润ESPRFIP
| Q4 25 | — | $-97.7M | ||
| Q3 25 | $-31.3M | $-104.5M | ||
| Q2 25 | $-12.7M | $-70.0M | ||
| Q1 25 | $-40.5M | $120.2M | ||
| Q4 24 | — | $-124.7M | ||
| Q3 24 | $-29.5M | $-43.0M | ||
| Q2 24 | $-61.9M | $-48.1M | ||
| Q1 24 | $61.0M | $-50.3M |
营业利润率ESPRFIP
| Q4 25 | 50.6% | -45.7% | ||
| Q3 25 | -11.4% | -70.8% | ||
| Q2 25 | 8.6% | -56.4% | ||
| Q1 25 | -34.0% | 81.8% | ||
| Q4 24 | -6.4% | -152.7% | ||
| Q3 24 | -31.0% | -51.7% | ||
| Q2 24 | 3.5% | -56.4% | ||
| Q1 24 | 52.5% | -58.8% |
净利率ESPRFIP
| Q4 25 | — | -68.1% | ||
| Q3 25 | -35.9% | -74.4% | ||
| Q2 25 | -15.4% | -57.2% | ||
| Q1 25 | -62.2% | 125.0% | ||
| Q4 24 | — | -154.4% | ||
| Q3 24 | -57.2% | -51.6% | ||
| Q2 24 | -83.9% | -56.7% | ||
| Q1 24 | 44.3% | -60.9% |
每股收益（稀释后）ESPRFIP
| Q4 25 | $0.32 | $-1.04 | ||
| Q3 25 | $-0.16 | $-1.38 | ||
| Q2 25 | $-0.06 | $-0.73 | ||
| Q1 25 | $-0.21 | $0.89 | ||
| Q4 24 | $-0.14 | $-1.21 | ||
| Q3 24 | $-0.15 | $-0.45 | ||
| Q2 24 | $-0.33 | $-0.52 | ||
| Q1 24 | $0.34 | $-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 | $167.9M | $57.4M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $-302.0M | $21.3M |
| 总资产 | $465.9M | $5.7B |
| 负债/权益比越低杠杆越低 | — | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资ESPRFIP
| Q4 25 | $167.9M | $57.4M | ||
| Q3 25 | $92.4M | $34.7M | ||
| Q2 25 | $86.1M | $33.6M | ||
| Q1 25 | $114.6M | $26.3M | ||
| Q4 24 | $144.8M | $27.8M | ||
| Q3 24 | $144.7M | $20.3M | ||
| Q2 24 | $189.3M | $33.1M | ||
| Q1 24 | $226.6M | $23.0M |
总债务ESPRFIP
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
股东权益ESPRFIP
| Q4 25 | $-302.0M | $21.3M | ||
| Q3 25 | $-451.4M | $181.1M | ||
| Q2 25 | $-433.5M | $375.5M | ||
| Q1 25 | $-426.2M | $476.2M | ||
| Q4 24 | $-388.7M | $202.7M | ||
| Q3 24 | $-370.2M | $370.8M | ||
| Q2 24 | $-344.2M | $394.8M | ||
| Q1 24 | $-294.3M | $402.5M |
总资产ESPRFIP
| Q4 25 | $465.9M | $5.7B | ||
| Q3 25 | $364.0M | $5.5B | ||
| Q2 25 | $347.1M | $4.4B | ||
| Q1 25 | $324.0M | $4.1B | ||
| Q4 24 | $343.8M | $2.4B | ||
| Q3 24 | $314.1M | $2.4B | ||
| Q2 24 | $352.3M | $2.5B | ||
| Q1 24 | $373.1M | $2.3B |
负债/权益比ESPRFIP
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 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 | $45.2M | $-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 | 0.0% | 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ESPRFIP
| Q4 25 | $45.2M | $-2.8M | ||
| Q3 25 | $-4.3M | $-24.4M | ||
| Q2 25 | $-31.4M | $-5.2M | ||
| Q1 25 | $-22.6M | $-85.7M | ||
| Q4 24 | $-35.0M | $-8.1M | ||
| Q3 24 | $-35.3M | $14.2M | ||
| Q2 24 | $-7.2M | $-17.6M | ||
| Q1 24 | $53.8M | $-3.9M |
自由现金流ESPRFIP
| Q4 25 | — | $-68.6M | ||
| Q3 25 | — | $-90.7M | ||
| Q2 25 | — | $-87.5M | ||
| Q1 25 | — | $-151.7M | ||
| Q4 24 | — | $-34.3M | ||
| Q3 24 | $-35.5M | $-11.7M | ||
| Q2 24 | $-7.3M | $-32.1M | ||
| Q1 24 | $53.8M | $-16.7M |
自由现金流率ESPRFIP
| Q4 25 | — | -47.8% | ||
| Q3 25 | — | -64.5% | ||
| Q2 25 | — | -71.6% | ||
| Q1 25 | — | -157.7% | ||
| Q4 24 | — | -42.4% | ||
| Q3 24 | -68.7% | -14.0% | ||
| Q2 24 | -9.9% | -37.9% | ||
| Q1 24 | 39.0% | -20.3% |
资本支出强度ESPRFIP
| Q4 25 | 0.0% | 45.9% | ||
| Q3 25 | 0.0% | 47.2% | ||
| Q2 25 | 0.0% | 67.3% | ||
| Q1 25 | 0.0% | 68.6% | ||
| Q4 24 | 0.0% | 32.5% | ||
| Q3 24 | 0.3% | 31.1% | ||
| Q2 24 | 0.1% | 17.2% | ||
| Q1 24 | 0.1% | 15.6% |
现金转化率ESPRFIP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
ESPR
| Collaboration Revenue | $124.7M | 74% |
| Products | $43.7M | 26% |
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% |
