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Fortune Brands Innovations, Inc.（FBIN）与孩之宝（HAS）财务数据对比。点击上方公司名可切换其他公司
孩之宝的季度营收约是Fortune Brands Innovations, Inc.的1.3倍（$1.4B vs $1.1B），孩之宝净利率更高（13.9% vs 7.1%，领先6.9%），孩之宝同比增速更快（31.3% vs -2.4%），孩之宝自由现金流更多（$389.5M vs $183.7M），过去两年孩之宝的营收复合增速更高（38.2% vs -1.5%）
Fortune Brands Innovations是美国家居及安防产品生产商，总部位于伊利诺伊州迪尔菲尔德，位列财富500强及标普400指数。旗下拥有摩恩、House of Rohl、玛斯特锁等知名品牌，业务覆盖厨卫、户外用品、安防、橱柜制造等领域，2021年底全球员工约2.8万人。
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
FBIN vs HAS — 直观对比
营收规模更大
HAS
是对方的1.3倍
$1.1B
营收增速更快
HAS
高出33.7%
-2.4%
净利率更高
HAS
高出6.9%
7.1%
自由现金流更多
HAS
多$205.8M
$183.7M
两年增速更快
HAS
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.4B |
| 净利润 | $76.3M | $201.6M |
| 毛利率 | 43.8% | 68.7% |
| 营业利润率 | 11.3% | 20.6% |
| 净利率 | 7.1% | 13.9% |
| 营收同比 | -2.4% | 31.3% |
| 净利润同比 | -27.3% | 687.8% |
| 每股收益（稀释后） | $0.63 | $1.46 |
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FBINHAS
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.2B | $980.8M | ||
| Q1 25 | $1.0B | $887.1M | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $995.3M | ||
| Q1 24 | $1.1B | $757.3M |
净利润FBINHAS
| Q4 25 | $76.3M | $201.6M | ||
| Q3 25 | $70.8M | $233.2M | ||
| Q2 25 | $100.3M | $-855.8M | ||
| Q1 25 | $51.4M | $98.6M | ||
| Q4 24 | $105.0M | $-34.3M | ||
| Q3 24 | $136.6M | $223.2M | ||
| Q2 24 | $133.9M | $138.5M | ||
| Q1 24 | $96.4M | $58.2M |
毛利率FBINHAS
| Q4 25 | 43.8% | 68.7% | ||
| Q3 25 | 45.2% | 70.1% | ||
| Q2 25 | 45.1% | 77.0% | ||
| Q1 25 | 44.0% | 76.9% | ||
| Q4 24 | 46.0% | 67.4% | ||
| Q3 24 | 45.9% | 70.4% | ||
| Q2 24 | 43.6% | 76.1% | ||
| Q1 24 | 43.9% | 73.0% |
营业利润率FBINHAS
| Q4 25 | 11.3% | 20.6% | ||
| Q3 25 | 11.0% | 24.6% | ||
| Q2 25 | 14.3% | -81.4% | ||
| Q1 25 | 9.4% | 19.2% | ||
| Q4 24 | 16.1% | 5.4% | ||
| Q3 24 | 17.8% | 23.6% | ||
| Q2 24 | 16.1% | 21.3% | ||
| Q1 24 | 14.0% | 15.3% |
净利率FBINHAS
| Q4 25 | 7.1% | 13.9% | ||
| Q3 25 | 6.2% | 16.8% | ||
| Q2 25 | 8.3% | -87.3% | ||
| Q1 25 | 5.0% | 11.1% | ||
| Q4 24 | 9.5% | -3.1% | ||
| Q3 24 | 11.8% | 17.4% | ||
| Q2 24 | 10.8% | 13.9% | ||
| Q1 24 | 8.7% | 7.7% |
每股收益（稀释后）FBINHAS
| Q4 25 | $0.63 | $1.46 | ||
| Q3 25 | $0.59 | $1.64 | ||
| Q2 25 | $0.83 | $-6.10 | ||
| Q1 25 | $0.42 | $0.70 | ||
| Q4 24 | $0.84 | $-0.25 | ||
| Q3 24 | $1.09 | $1.59 | ||
| Q2 24 | $1.06 | $0.99 | ||
| Q1 24 | $0.76 | $0.42 |
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 | $264.0M | — |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $2.4B | $565.5M |
| 总资产 | $6.5B | $5.6B |
| 负债/权益比越低杠杆越低 | 1.07× | — |
8季度趋势，按日历期对齐
现金及短期投资FBINHAS
| Q4 25 | $264.0M | — | ||
| Q3 25 | $223.9M | — | ||
| Q2 25 | $234.7M | — | ||
| Q1 25 | $340.0M | — | ||
| Q4 24 | $381.1M | — | ||
| Q3 24 | $344.8M | — | ||
| Q2 24 | $352.6M | — | ||
| Q1 24 | $359.7M | — |
总债务FBINHAS
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益FBINHAS
| Q4 25 | $2.4B | $565.5M | ||
| Q3 25 | $2.4B | $433.8M | ||
| Q2 25 | $2.3B | $269.7M | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.4B | $1.3B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.3B | $1.0B |
总资产FBINHAS
| Q4 25 | $6.5B | $5.6B | ||
| Q3 25 | $6.5B | $5.5B | ||
| Q2 25 | $6.6B | $5.2B | ||
| Q1 25 | $6.6B | $6.0B | ||
| Q4 24 | $6.6B | $6.3B | ||
| Q3 24 | $6.6B | $7.2B | ||
| Q2 24 | $6.7B | $6.9B | ||
| Q1 24 | $6.8B | $6.2B |
负债/权益比FBINHAS
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 1.17× | — |
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 | $208.2M | $403.2M |
| 自由现金流经营现金流 - 资本支出 | $183.7M | $389.5M |
| 自由现金流率自由现金流/营收 | 17.0% | 26.9% |
| 资本支出强度资本支出/营收 | 2.3% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.73× | 2.00× |
| 过去12个月自由现金流最近4个季度 | $366.8M | $829.9M |
8季度趋势，按日历期对齐
经营现金流FBINHAS
| Q4 25 | $208.2M | $403.2M | ||
| Q3 25 | $204.4M | $280.6M | ||
| Q2 25 | $149.4M | $71.3M | ||
| Q1 25 | $-83.4M | $138.1M | ||
| Q4 24 | $272.3M | $259.8M | ||
| Q3 24 | $205.3M | $222.5M | ||
| Q2 24 | $261.5M | $187.3M | ||
| Q1 24 | $-71.3M | $177.8M |
自由现金流FBINHAS
| Q4 25 | $183.7M | $389.5M | ||
| Q3 25 | $177.0M | $260.9M | ||
| Q2 25 | $118.7M | $55.2M | ||
| Q1 25 | $-112.6M | $124.3M | ||
| Q4 24 | $212.1M | $200.8M | ||
| Q3 24 | $175.6M | $174.0M | ||
| Q2 24 | $222.7M | $135.4M | ||
| Q1 24 | $-135.9M | $132.0M |
自由现金流率FBINHAS
| Q4 25 | 17.0% | 26.9% | ||
| Q3 25 | 15.4% | 18.8% | ||
| Q2 25 | 9.9% | 5.6% | ||
| Q1 25 | -10.9% | 14.0% | ||
| Q4 24 | 19.2% | 18.2% | ||
| Q3 24 | 15.2% | 13.6% | ||
| Q2 24 | 18.0% | 13.6% | ||
| Q1 24 | -12.2% | 17.4% |
资本支出强度FBINHAS
| Q4 25 | 2.3% | 0.9% | ||
| Q3 25 | 2.4% | 1.4% | ||
| Q2 25 | 2.6% | 1.6% | ||
| Q1 25 | 2.8% | 1.6% | ||
| Q4 24 | 5.5% | 5.4% | ||
| Q3 24 | 2.6% | 3.8% | ||
| Q2 24 | 3.1% | 5.2% | ||
| Q1 24 | 5.8% | 6.0% |
现金转化率FBINHAS
| Q4 25 | 2.73× | 2.00× | ||
| Q3 25 | 2.89× | 1.20× | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | -1.62× | 1.40× | ||
| Q4 24 | 2.59× | — | ||
| Q3 24 | 1.50× | 1.00× | ||
| Q2 24 | 1.95× | 1.35× | ||
| Q1 24 | -0.74× | 3.05× |
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
FBIN
| Wholesale Retail Trade | $526.7M | 49% |
| Home Center Retailer | $257.1M | 24% |
| Security Segment | $165.8M | 15% |
| Other Retailer | $118.2M | 11% |
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
