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FTI CONSULTING, INC（FCN）与KAISER ALUMINUM CORP（KALU）财务数据对比。点击上方公司名可切换其他公司
FTI CONSULTING, INC的季度营收约是KAISER ALUMINUM CORP的1.1倍（$990.7M vs $929.0M），FTI CONSULTING, INC净利率更高（5.5% vs 3.0%，领先2.5%），KAISER ALUMINUM CORP同比增速更快（21.4% vs 10.7%），FTI CONSULTING, INC自由现金流更多（$351.4M vs $-51.1M），过去两年KAISER ALUMINUM CORP的营收复合增速更高（12.2% vs 3.3%）
FTI咨询成立于1982年，总部位于美国华盛顿特区，是全球顶尖的金融咨询服务商之一。公司核心业务涵盖企业融资与重组、经济咨询、法务与诉讼咨询、战略传播、科技及战略咨询等领域，在31个国家拥有逾7700名员工。
凯撒铝业是美国知名铝产品生产商，前身为凯撒铝业化工公司。其历史可追溯至Permanente Metals公司，该公司公开发行普通股后更名为凯撒铝业化工公司，后续拆分出现在的凯撒铝业，深耕铝材料生产领域，为下游多行业提供铝制品解决方案。
FCN vs KALU — 直观对比
营收规模更大
FCN
是对方的1.1倍
$929.0M
营收增速更快
KALU
高出10.7%
10.7%
净利率更高
FCN
高出2.5%
3.0%
自由现金流更多
FCN
多$402.5M
$-51.1M
两年增速更快
KALU
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $990.7M | $929.0M |
| 净利润 | $54.5M | $28.2M |
| 毛利率 | 31.1% | 13.3% |
| 营业利润率 | 9.4% | 6.5% |
| 净利率 | 5.5% | 3.0% |
| 营收同比 | 10.7% | 21.4% |
| 净利润同比 | 9.7% | 42.4% |
| 每股收益（稀释后） | $1.77 | $1.67 |
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FCNKALU
| Q4 25 | $990.7M | $929.0M | ||
| Q3 25 | $956.2M | $843.5M | ||
| Q2 25 | $943.7M | $823.1M | ||
| Q1 25 | $898.3M | $777.4M | ||
| Q4 24 | $894.9M | $765.4M | ||
| Q3 24 | $926.0M | $747.7M | ||
| Q2 24 | $949.2M | $773.4M | ||
| Q1 24 | $928.6M | $737.5M |
净利润FCNKALU
| Q4 25 | $54.5M | $28.2M | ||
| Q3 25 | $82.8M | $39.5M | ||
| Q2 25 | $71.7M | $23.2M | ||
| Q1 25 | $61.8M | $21.6M | ||
| Q4 24 | $49.7M | $19.8M | ||
| Q3 24 | $66.5M | $8.8M | ||
| Q2 24 | $83.9M | $18.9M | ||
| Q1 24 | $80.0M | $18.2M |
毛利率FCNKALU
| Q4 25 | 31.1% | 13.3% | ||
| Q3 25 | 33.3% | 13.6% | ||
| Q2 25 | 32.1% | 12.2% | ||
| Q1 25 | 32.2% | 13.4% | ||
| Q4 24 | 30.2% | 12.5% | ||
| Q3 24 | 32.2% | 9.6% | ||
| Q2 24 | 32.8% | 13.4% | ||
| Q1 24 | 32.6% | 11.7% |
营业利润率FCNKALU
| Q4 25 | 9.4% | 6.5% | ||
| Q3 25 | 12.3% | 5.8% | ||
| Q2 25 | 10.5% | 4.6% | ||
| Q1 25 | 8.8% | 5.3% | ||
| Q4 24 | 5.9% | 5.0% | ||
| Q3 24 | 9.8% | 1.8% | ||
| Q2 24 | 11.0% | 4.7% | ||
| Q1 24 | 10.7% | 3.3% |
净利率FCNKALU
| Q4 25 | 5.5% | 3.0% | ||
| Q3 25 | 8.7% | 4.7% | ||
| Q2 25 | 7.6% | 2.8% | ||
| Q1 25 | 6.9% | 2.8% | ||
| Q4 24 | 5.6% | 2.6% | ||
| Q3 24 | 7.2% | 1.2% | ||
| Q2 24 | 8.8% | 2.4% | ||
| Q1 24 | 8.6% | 2.5% |
每股收益（稀释后）FCNKALU
| Q4 25 | $1.77 | $1.67 | ||
| Q3 25 | $2.60 | $2.38 | ||
| Q2 25 | $2.13 | $1.41 | ||
| Q1 25 | $1.74 | $1.31 | ||
| Q4 24 | $1.39 | $1.21 | ||
| Q3 24 | $1.85 | $0.54 | ||
| Q2 24 | $2.34 | $1.15 | ||
| Q1 24 | $2.23 | $1.12 |
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 | $265.1M | $7.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $826.1M |
| 总资产 | $3.5B | $2.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FCNKALU
| Q4 25 | $265.1M | $7.0M | ||
| Q3 25 | $146.0M | $17.2M | ||
| Q2 25 | $152.8M | $13.1M | ||
| Q1 25 | $151.1M | $21.3M | ||
| Q4 24 | $660.5M | $18.4M | ||
| Q3 24 | $386.3M | $45.7M | ||
| Q2 24 | $226.4M | $70.4M | ||
| Q1 24 | $244.0M | $101.6M |
总债务FCNKALU
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $205.0M | — |
股东权益FCNKALU
| Q4 25 | $1.7B | $826.1M | ||
| Q3 25 | $1.7B | $806.1M | ||
| Q2 25 | $1.9B | $776.0M | ||
| Q1 25 | $2.1B | $756.8M | ||
| Q4 24 | $2.3B | $743.1M | ||
| Q3 24 | $2.3B | $729.4M | ||
| Q2 24 | $2.1B | $727.6M | ||
| Q1 24 | $2.1B | $714.7M |
总资产FCNKALU
| Q4 25 | $3.5B | $2.6B | ||
| Q3 25 | $3.5B | $2.6B | ||
| Q2 25 | $3.5B | $2.5B | ||
| Q1 25 | $3.3B | $2.4B | ||
| Q4 24 | $3.6B | $2.4B | ||
| Q3 24 | $3.5B | $2.3B | ||
| Q2 24 | $3.4B | $2.3B | ||
| Q1 24 | $3.3B | $2.3B |
负债/权益比FCNKALU
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.10× | — |
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 | $359.8M | $-20.6M |
| 自由现金流经营现金流 - 资本支出 | $351.4M | $-51.1M |
| 自由现金流率自由现金流/营收 | 35.5% | -5.5% |
| 资本支出强度资本支出/营收 | 0.8% | 3.3% |
| 现金转化率经营现金流/净利润 | 6.60× | -0.73× |
| 过去12个月自由现金流最近4个季度 | $93.6M | $-25.5M |
8季度趋势，按日历期对齐
经营现金流FCNKALU
| Q4 25 | $359.8M | $-20.6M | ||
| Q3 25 | $201.9M | $59.1M | ||
| Q2 25 | $55.7M | $15.9M | ||
| Q1 25 | $-465.2M | $57.0M | ||
| Q4 24 | $315.3M | $43.4M | ||
| Q3 24 | $219.4M | $34.1M | ||
| Q2 24 | $135.2M | $26.3M | ||
| Q1 24 | $-274.8M | $63.3M |
自由现金流FCNKALU
| Q4 25 | $351.4M | $-51.1M | ||
| Q3 25 | $187.0M | $34.5M | ||
| Q2 25 | $38.3M | $-27.7M | ||
| Q1 25 | $-483.0M | $18.8M | ||
| Q4 24 | $301.6M | $-12.6M | ||
| Q3 24 | $212.3M | $-17.0M | ||
| Q2 24 | $125.2M | $-17.4M | ||
| Q1 24 | $-279.5M | $33.3M |
自由现金流率FCNKALU
| Q4 25 | 35.5% | -5.5% | ||
| Q3 25 | 19.6% | 4.1% | ||
| Q2 25 | 4.1% | -3.4% | ||
| Q1 25 | -53.8% | 2.4% | ||
| Q4 24 | 33.7% | -1.6% | ||
| Q3 24 | 22.9% | -2.3% | ||
| Q2 24 | 13.2% | -2.2% | ||
| Q1 24 | -30.1% | 4.5% |
资本支出强度FCNKALU
| Q4 25 | 0.8% | 3.3% | ||
| Q3 25 | 1.6% | 2.9% | ||
| Q2 25 | 1.8% | 5.3% | ||
| Q1 25 | 2.0% | 4.9% | ||
| Q4 24 | 1.5% | 7.3% | ||
| Q3 24 | 0.8% | 6.8% | ||
| Q2 24 | 1.1% | 5.7% | ||
| Q1 24 | 0.5% | 4.1% |
现金转化率FCNKALU
| Q4 25 | 6.60× | -0.73× | ||
| Q3 25 | 2.44× | 1.50× | ||
| Q2 25 | 0.78× | 0.69× | ||
| Q1 25 | -7.52× | 2.64× | ||
| Q4 24 | 6.34× | 2.19× | ||
| Q3 24 | 3.30× | 3.88× | ||
| Q2 24 | 1.61× | 1.39× | ||
| Q1 24 | -3.44× | 3.48× |
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
FCN
| Corporate Finance Segment | $423.2M | 43% |
| Forensic And Litigation Consulting | $192.9M | 19% |
| Economic Consulting | $176.2M | 18% |
| Strategic Communications | $99.4M | 10% |
| Other | $99.0M | 10% |
KALU
| Packaging | $440.6M | 47% |
| Aero Hs Products | $213.0M | 23% |
| Transferred Over Time | $200.2M | 22% |
| Automotive Extrusions | $75.4M | 8% |
