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FTI CONSULTING, INC（FCN）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是FTI CONSULTING, INC的1.2倍（$1.1B vs $990.7M），Martin Marietta Materials净利率更高（24.5% vs 5.5%，领先19.0%），FTI CONSULTING, INC同比增速更快（10.7% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $351.4M），过去两年FTI CONSULTING, INC的营收复合增速更高（3.3% vs -4.5%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
FCN vs MLM — 直观对比
营收规模更大
MLM
是对方的1.2倍
$990.7M
营收增速更快
FCN
高出40.9%
-30.1%
净利率更高
MLM
高出19.0%
5.5%
自由现金流更多
MLM
多$72.6M
$351.4M
两年增速更快
FCN
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $990.7M | $1.1B |
| 净利润 | $54.5M | $279.0M |
| 毛利率 | 31.1% | 35.0% |
| 营业利润率 | 9.4% | 24.6% |
| 净利率 | 5.5% | 24.5% |
| 营收同比 | 10.7% | -30.1% |
| 净利润同比 | 9.7% | -4.8% |
| 每股收益（稀释后） | $1.77 | $4.59 |
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FCNMLM
| Q4 25 | $990.7M | $1.1B | ||
| Q3 25 | $956.2M | $1.8B | ||
| Q2 25 | $943.7M | $1.8B | ||
| Q1 25 | $898.3M | $1.4B | ||
| Q4 24 | $894.9M | $1.6B | ||
| Q3 24 | $926.0M | $1.9B | ||
| Q2 24 | $949.2M | $1.8B | ||
| Q1 24 | $928.6M | $1.3B |
净利润FCNMLM
| Q4 25 | $54.5M | $279.0M | ||
| Q3 25 | $82.8M | $414.0M | ||
| Q2 25 | $71.7M | $328.0M | ||
| Q1 25 | $61.8M | $116.0M | ||
| Q4 24 | $49.7M | $293.0M | ||
| Q3 24 | $66.5M | $363.0M | ||
| Q2 24 | $83.9M | $294.0M | ||
| Q1 24 | $80.0M | $1.0B |
毛利率FCNMLM
| Q4 25 | 31.1% | 35.0% | ||
| Q3 25 | 33.3% | 33.1% | ||
| Q2 25 | 32.1% | 30.0% | ||
| Q1 25 | 32.2% | 24.8% | ||
| Q4 24 | 30.2% | 30.0% | ||
| Q3 24 | 32.2% | 31.7% | ||
| Q2 24 | 32.8% | 29.3% | ||
| Q1 24 | 32.6% | 21.7% |
营业利润率FCNMLM
| Q4 25 | 9.4% | 24.6% | ||
| Q3 25 | 12.3% | 27.4% | ||
| Q2 25 | 10.5% | 25.3% | ||
| Q1 25 | 8.8% | 14.3% | ||
| Q4 24 | 5.9% | 24.4% | ||
| Q3 24 | 9.8% | 25.9% | ||
| Q2 24 | 11.0% | 22.6% | ||
| Q1 24 | 10.7% | — |
净利率FCNMLM
| Q4 25 | 5.5% | 24.5% | ||
| Q3 25 | 8.7% | 22.4% | ||
| Q2 25 | 7.6% | 18.1% | ||
| Q1 25 | 6.9% | 8.6% | ||
| Q4 24 | 5.6% | 18.0% | ||
| Q3 24 | 7.2% | 19.2% | ||
| Q2 24 | 8.8% | 16.7% | ||
| Q1 24 | 8.6% | 83.5% |
每股收益（稀释后）FCNMLM
| Q4 25 | $1.77 | $4.59 | ||
| Q3 25 | $2.60 | $6.85 | ||
| Q2 25 | $2.13 | $5.43 | ||
| Q1 25 | $1.74 | $1.90 | ||
| Q4 24 | $1.39 | $4.87 | ||
| Q3 24 | $1.85 | $5.91 | ||
| Q2 24 | $2.34 | $4.76 | ||
| Q1 24 | $2.23 | $16.87 |
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 | $67.0M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $1.7B | $10.0B |
| 总资产 | $3.5B | $18.7B |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资FCNMLM
| Q4 25 | $265.1M | $67.0M | ||
| Q3 25 | $146.0M | $57.0M | ||
| Q2 25 | $152.8M | $225.0M | ||
| Q1 25 | $151.1M | $101.0M | ||
| Q4 24 | $660.5M | $670.0M | ||
| Q3 24 | $386.3M | $52.0M | ||
| Q2 24 | $226.4M | $109.0M | ||
| Q1 24 | $244.0M | $2.6B |
总债务FCNMLM
| Q4 25 | — | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | $0 | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | $60.0M | $4.3B | ||
| Q1 24 | $205.0M | $4.3B |
股东权益FCNMLM
| Q4 25 | $1.7B | $10.0B | ||
| Q3 25 | $1.7B | $9.7B | ||
| Q2 25 | $1.9B | $9.4B | ||
| Q1 25 | $2.1B | $9.1B | ||
| Q4 24 | $2.3B | $9.5B | ||
| Q3 24 | $2.3B | $9.2B | ||
| Q2 24 | $2.1B | $8.8B | ||
| Q1 24 | $2.1B | $8.9B |
总资产FCNMLM
| Q4 25 | $3.5B | $18.7B | ||
| Q3 25 | $3.5B | $18.7B | ||
| Q2 25 | $3.5B | $18.1B | ||
| Q1 25 | $3.3B | $17.7B | ||
| Q4 24 | $3.6B | $18.2B | ||
| Q3 24 | $3.5B | $16.5B | ||
| Q2 24 | $3.4B | $16.3B | ||
| Q1 24 | $3.3B | $16.2B |
负债/权益比FCNMLM
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | 0.00× | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | 0.03× | 0.49× | ||
| Q1 24 | 0.10× | 0.49× |
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 | $629.0M |
| 自由现金流经营现金流 - 资本支出 | $351.4M | $424.0M |
| 自由现金流率自由现金流/营收 | 35.5% | 37.2% |
| 资本支出强度资本支出/营收 | 0.8% | 18.0% |
| 现金转化率经营现金流/净利润 | 6.60× | 2.25× |
| 过去12个月自由现金流最近4个季度 | $93.6M | $978.0M |
8季度趋势，按日历期对齐
经营现金流FCNMLM
| Q4 25 | $359.8M | $629.0M | ||
| Q3 25 | $201.9M | $551.0M | ||
| Q2 25 | $55.7M | $387.0M | ||
| Q1 25 | $-465.2M | $218.0M | ||
| Q4 24 | $315.3M | $686.0M | ||
| Q3 24 | $219.4M | $600.0M | ||
| Q2 24 | $135.2M | $1.0M | ||
| Q1 24 | $-274.8M | $172.0M |
自由现金流FCNMLM
| Q4 25 | $351.4M | $424.0M | ||
| Q3 25 | $187.0M | $361.0M | ||
| Q2 25 | $38.3M | $208.0M | ||
| Q1 25 | $-483.0M | $-15.0M | ||
| Q4 24 | $301.6M | $453.0M | ||
| Q3 24 | $212.3M | $317.0M | ||
| Q2 24 | $125.2M | $-138.0M | ||
| Q1 24 | $-279.5M | $-28.0M |
自由现金流率FCNMLM
| Q4 25 | 35.5% | 37.2% | ||
| Q3 25 | 19.6% | 19.6% | ||
| Q2 25 | 4.1% | 11.5% | ||
| Q1 25 | -53.8% | -1.1% | ||
| Q4 24 | 33.7% | 27.8% | ||
| Q3 24 | 22.9% | 16.8% | ||
| Q2 24 | 13.2% | -7.8% | ||
| Q1 24 | -30.1% | -2.2% |
资本支出强度FCNMLM
| Q4 25 | 0.8% | 18.0% | ||
| Q3 25 | 1.6% | 10.3% | ||
| Q2 25 | 1.8% | 9.9% | ||
| Q1 25 | 2.0% | 17.2% | ||
| Q4 24 | 1.5% | 14.3% | ||
| Q3 24 | 0.8% | 15.0% | ||
| Q2 24 | 1.1% | 7.9% | ||
| Q1 24 | 0.5% | 16.0% |
现金转化率FCNMLM
| Q4 25 | 6.60× | 2.25× | ||
| Q3 25 | 2.44× | 1.33× | ||
| Q2 25 | 0.78× | 1.18× | ||
| Q1 25 | -7.52× | 1.88× | ||
| Q4 24 | 6.34× | 2.34× | ||
| Q3 24 | 3.30× | 1.65× | ||
| Q2 24 | 1.61× | 0.00× | ||
| Q1 24 | -3.44× | 0.16× |
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% |
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
