vs
FutureFuel Corp.（FF）与REX AMERICAN RESOURCES Corp（REX）财务数据对比。点击上方公司名可切换其他公司
REX AMERICAN RESOURCES Corp的季度营收约是FutureFuel Corp.的8.9倍（$175.6M vs $19.8M）。REX AMERICAN RESOURCES Corp净利率更高（15.6% vs -60.5%，领先76.2%）。REX AMERICAN RESOURCES Corp同比增速更快（0.4% vs -67.7%）。REX AMERICAN RESOURCES Corp自由现金流更多（$24.5M vs $-29.9M）。过去两年REX AMERICAN RESOURCES Corp的营收复合增速更高（-3.2% vs -41.7%）
FutureFuel是一家专注于化学品与生物燃料的研发生产商，业务涵盖相关产品的开发与生产，目前在纽约证券交易所挂牌上市，股票代码为FF。
REX美国资源公司是一家美国能源企业，1980年成立，总部位于俄亥俄州代顿市。公司主营乙醇、酒糟与天然气的生产及零售，同时也对能源相关企业进行投资控股。目前全资拥有三家关联企业，截至2012年，公司旗下拥有22家全国性零售门店，并参股了五个乙醇生产项目。
FF vs REX — 直观对比
营收规模更大
REX
是对方的8.9倍
$19.8M
营收增速更快
REX
高出68.2%
-67.7%
净利率更高
REX
高出76.2%
-60.5%
自由现金流更多
REX
多$54.4M
$-29.9M
两年增速更快
REX
近两年复合增速
-41.7%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $19.8M | $175.6M |
| 净利润 | $-12.0M | $27.5M |
| 毛利率 | -46.7% | 20.6% |
| 营业利润率 | -62.9% | 20.2% |
| 净利率 | -60.5% | 15.6% |
| 营收同比 | -67.7% | 0.4% |
| 净利润同比 | -529.4% | -8.7% |
| 每股收益（稀释后） | $-0.28 | $0.71 |
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FFREX
| Q4 25 | $19.8M | $175.6M | ||
| Q3 25 | $22.7M | $158.6M | ||
| Q2 25 | $35.7M | $158.3M | ||
| Q1 25 | $17.5M | $158.2M | ||
| Q4 24 | $61.5M | $174.9M | ||
| Q3 24 | $51.1M | $148.2M | ||
| Q2 24 | $72.4M | $161.2M | ||
| Q1 24 | $58.3M | $187.6M |
净利润FFREX
| Q4 25 | $-12.0M | $27.5M | ||
| Q3 25 | $-9.3M | $9.3M | ||
| Q2 25 | $-10.4M | $10.7M | ||
| Q1 25 | $-17.6M | $14.1M | ||
| Q4 24 | $2.8M | $30.1M | ||
| Q3 24 | $-1.2M | $15.0M | ||
| Q2 24 | $9.6M | $12.3M | ||
| Q1 24 | $4.3M | $25.3M |
毛利率FFREX
| Q4 25 | -46.7% | 20.6% | ||
| Q3 25 | -30.1% | 9.0% | ||
| Q2 25 | -24.6% | 9.1% | ||
| Q1 25 | -83.0% | 11.1% | ||
| Q4 24 | 9.1% | 22.7% | ||
| Q3 24 | 0.7% | 13.3% | ||
| Q2 24 | 12.0% | 9.0% | ||
| Q1 24 | 8.6% | 16.2% |
营业利润率FFREX
| Q4 25 | -62.9% | 20.2% | ||
| Q3 25 | -42.9% | — | ||
| Q2 25 | -33.4% | — | ||
| Q1 25 | -107.4% | 11.3% | ||
| Q4 24 | 2.6% | 22.6% | ||
| Q3 24 | -5.6% | 13.2% | ||
| Q2 24 | 7.5% | 9.9% | ||
| Q1 24 | 3.8% | 17.3% |
净利率FFREX
| Q4 25 | -60.5% | 15.6% | ||
| Q3 25 | -41.1% | 5.9% | ||
| Q2 25 | -29.2% | 6.7% | ||
| Q1 25 | -100.6% | 8.9% | ||
| Q4 24 | 4.5% | 17.2% | ||
| Q3 24 | -2.3% | 10.1% | ||
| Q2 24 | 13.2% | 7.6% | ||
| Q1 24 | 7.4% | 13.5% |
每股收益（稀释后）FFREX
| Q4 25 | $-0.28 | $0.71 | ||
| Q3 25 | $-0.21 | $0.43 | ||
| Q2 25 | $-0.24 | $0.51 | ||
| Q1 25 | $-0.40 | $-0.32 | ||
| Q4 24 | $0.06 | $0.69 | ||
| Q3 24 | $-0.03 | $0.70 | ||
| Q2 24 | $0.22 | $0.58 | ||
| Q1 24 | $0.10 | $-0.58 |
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 | $51.3M | $335.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $154.7M | $566.9M |
| 总资产 | $192.2M | $750.1M |
| 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FFREX
| Q4 25 | $51.3M | $335.5M | ||
| Q3 25 | $85.6M | $310.5M | ||
| Q2 25 | $95.2M | $315.9M | ||
| Q1 25 | $97.1M | $359.1M | ||
| Q4 24 | $109.5M | $365.1M | ||
| Q3 24 | $133.4M | $346.0M | ||
| Q2 24 | $115.1M | $351.8M | ||
| Q1 24 | $201.1M | $378.7M |
股东权益FFREX
| Q4 25 | $154.7M | $566.9M | ||
| Q3 25 | $169.1M | $545.8M | ||
| Q2 25 | $178.2M | $536.4M | ||
| Q1 25 | $188.4M | $560.3M | ||
| Q4 24 | $205.8M | $564.5M | ||
| Q3 24 | $213.3M | $539.6M | ||
| Q2 24 | $214.4M | $524.5M | ||
| Q1 24 | $204.8M | $513.9M |
总资产FFREX
| Q4 25 | $192.2M | $750.1M | ||
| Q3 25 | $203.5M | $700.6M | ||
| Q2 25 | $218.2M | $693.8M | ||
| Q1 25 | $227.7M | $720.0M | ||
| Q4 24 | $247.7M | $715.7M | ||
| Q3 24 | $256.5M | $680.0M | ||
| Q2 24 | $261.2M | $671.0M | ||
| Q1 24 | $365.4M | $664.8M |
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 | $-27.4M | $51.2M |
| 自由现金流经营现金流 - 资本支出 | $-29.9M | $24.5M |
| 自由现金流率自由现金流/营收 | -150.5% | 14.0% |
| 资本支出强度资本支出/营收 | 12.2% | 15.2% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $-46.0M | $17.6M |
8季度趋势，按日历期对齐
经营现金流FFREX
| Q4 25 | $-27.4M | $51.2M | ||
| Q3 25 | $-1.1M | $16.3M | ||
| Q2 25 | $5.2M | $-3.5M | ||
| Q1 25 | $-5.4M | $25.1M | ||
| Q4 24 | $-16.6M | $33.4M | ||
| Q3 24 | $25.8M | $8.0M | ||
| Q2 24 | $27.8M | $-2.3M | ||
| Q1 24 | $-12.2M | $62.5M |
自由现金流FFREX
| Q4 25 | $-29.9M | $24.5M | ||
| Q3 25 | $-6.5M | $-5.7M | ||
| Q2 25 | $-263.0K | $-10.4M | ||
| Q1 25 | $-9.4M | $9.2M | ||
| Q4 24 | $-20.7M | $18.2M | ||
| Q3 24 | $20.5M | $-7.4M | ||
| Q2 24 | $24.8M | $-27.1M | ||
| Q1 24 | $-14.5M | $47.2M |
自由现金流率FFREX
| Q4 25 | -150.5% | 14.0% | ||
| Q3 25 | -28.5% | -3.6% | ||
| Q2 25 | -0.7% | -6.6% | ||
| Q1 25 | -53.6% | 5.8% | ||
| Q4 24 | -33.6% | 10.4% | ||
| Q3 24 | 40.1% | -5.0% | ||
| Q2 24 | 34.3% | -16.8% | ||
| Q1 24 | -24.9% | 25.2% |
资本支出强度FFREX
| Q4 25 | 12.2% | 15.2% | ||
| Q3 25 | 23.5% | 13.9% | ||
| Q2 25 | 15.3% | 4.4% | ||
| Q1 25 | 22.8% | 10.0% | ||
| Q4 24 | 6.6% | 8.7% | ||
| Q3 24 | 10.4% | 10.4% | ||
| Q2 24 | 4.1% | 15.4% | ||
| Q1 24 | 3.9% | 8.2% |
现金转化率FFREX
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | — | -0.33× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | -5.94× | 1.11× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | 2.90× | -0.18× | ||
| Q1 24 | -2.82× | 2.47× |
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
FF
| Chemicals | $18.0M | 91% |
| Biofuels | $1.8M | 9% |
REX
| Ethanol | $136.0M | 77% |
| Dried Distillers Grains | $22.4M | 13% |
| Distillers Corn Oil | $16.4M | 9% |
| Modified Distillers Grains | $1.2M | 1% |
