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法拉第未来（FFAI）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
FEDERAL SIGNAL CORP的季度营收约是法拉第未来的4628.7倍（$597.1M vs $129.0K）。FEDERAL SIGNAL CORP净利率更高（10.2% vs -26011.6%，领先26021.8%）。FEDERAL SIGNAL CORP同比增速更快（26.5% vs -45.1%）。FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $-29.5M）。过去两年法拉第未来的营收复合增速更高（703.1% vs 18.5%）
法拉第未来是2014年成立的美国科技企业，总部位于加利福尼亚州洛杉矶，核心业务为研发电动汽车，2023年正式投入量产，产品在中美两国市场销售。截至2025年1月，该公司累计交付16辆汽车。2024年末完成两轮合计6000万美元融资后，法拉第未来宣布将转型销售贴牌中国厢式车。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
FFAI vs FSS — 直观对比
营收规模更大
FSS
是对方的4628.7倍
$129.0K
营收增速更快
FSS
高出71.6%
-45.1%
净利率更高
FSS
高出26021.8%
-26011.6%
自由现金流更多
FSS
多$119.0M
$-29.5M
两年增速更快
FFAI
近两年复合增速
18.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $129.0K | $597.1M |
| 净利润 | $-33.6M | $60.8M |
| 毛利率 | -12111.6% | 28.4% |
| 营业利润率 | -25041.9% | 14.0% |
| 净利率 | -26011.6% | 10.2% |
| 营收同比 | -45.1% | 26.5% |
| 净利润同比 | 72.3% | 21.6% |
| 每股收益（稀释后） | — | $0.99 |
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FFAIFSS
| Q4 25 | $129.0K | $597.1M | ||
| Q3 25 | $37.0K | $555.0M | ||
| Q2 25 | $54.0K | $564.6M | ||
| Q1 25 | $316.0K | $463.8M | ||
| Q4 24 | $235.0K | $472.0M | ||
| Q3 24 | $9.0K | $474.2M | ||
| Q2 24 | $293.0K | $490.4M | ||
| Q1 24 | $2.0K | $424.9M |
净利润FFAIFSS
| Q4 25 | $-33.6M | $60.8M | ||
| Q3 25 | $-222.2M | $68.1M | ||
| Q2 25 | $-124.7M | $71.4M | ||
| Q1 25 | $-10.3M | $46.3M | ||
| Q4 24 | $-121.3M | $50.0M | ||
| Q3 24 | $-77.7M | $53.9M | ||
| Q2 24 | $-108.7M | $60.8M | ||
| Q1 24 | $-48.2M | $51.6M |
毛利率FFAIFSS
| Q4 25 | -12111.6% | 28.4% | ||
| Q3 25 | -92483.8% | 29.1% | ||
| Q2 25 | -49737.0% | 30.0% | ||
| Q1 25 | -6666.1% | 28.2% | ||
| Q4 24 | -8801.7% | 28.1% | ||
| Q3 24 | -238266.7% | 29.6% | ||
| Q2 24 | -7057.0% | 29.4% | ||
| Q1 24 | -1034250.0% | 27.3% |
营业利润率FFAIFSS
| Q4 25 | -25041.9% | 14.0% | ||
| Q3 25 | -558937.8% | 16.9% | ||
| Q2 25 | -89088.9% | 17.3% | ||
| Q1 25 | -13870.6% | 14.2% | ||
| Q4 24 | -12899.6% | 14.9% | ||
| Q3 24 | -280077.8% | 16.0% | ||
| Q2 24 | -17272.7% | 16.5% | ||
| Q1 24 | -2180400.0% | 12.8% |
净利率FFAIFSS
| Q4 25 | -26011.6% | 10.2% | ||
| Q3 25 | -600505.4% | 12.3% | ||
| Q2 25 | -230881.5% | 12.6% | ||
| Q1 25 | -3252.5% | 10.0% | ||
| Q4 24 | -51599.6% | 10.6% | ||
| Q3 24 | -863177.8% | 11.4% | ||
| Q2 24 | -37093.9% | 12.4% | ||
| Q1 24 | -2410850.0% | 12.1% |
每股收益（稀释后）FFAIFSS
| Q4 25 | — | $0.99 | ||
| Q3 25 | — | $1.11 | ||
| Q2 25 | — | $1.16 | ||
| Q1 25 | — | $0.75 | ||
| Q4 24 | — | $0.80 | ||
| Q3 24 | — | $0.87 | ||
| Q2 24 | — | $0.99 | ||
| Q1 24 | — | $0.84 |
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 | $34.9M | $63.7M |
| 总债务越低越好 | — | $564.6M |
| 股东权益账面价值 | $-27.3M | $1.4B |
| 总资产 | $277.9M | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资FFAIFSS
| Q4 25 | $34.9M | $63.7M | ||
| Q3 25 | $62.9M | $54.4M | ||
| Q2 25 | $13.2M | $64.7M | ||
| Q1 25 | $9.5M | $57.5M | ||
| Q4 24 | $7.1M | $91.1M | ||
| Q3 24 | $7.3M | $73.7M | ||
| Q2 24 | $793.0K | $48.6M | ||
| Q1 24 | $407.0K | $48.9M |
总债务FFAIFSS
| Q4 25 | — | $564.6M | ||
| Q3 25 | — | $201.2M | ||
| Q2 25 | — | $258.3M | ||
| Q1 25 | — | $266.9M | ||
| Q4 24 | — | $204.4M | ||
| Q3 24 | — | $223.3M | ||
| Q2 24 | — | $248.8M | ||
| Q1 24 | — | $266.8M |
股东权益FFAIFSS
| Q4 25 | $-27.3M | $1.4B | ||
| Q3 25 | $-77.7M | $1.3B | ||
| Q2 25 | $59.9M | $1.3B | ||
| Q1 25 | $139.8M | $1.2B | ||
| Q4 24 | $115.0M | $1.2B | ||
| Q3 24 | $156.8M | $1.1B | ||
| Q2 24 | $148.7M | $1.1B | ||
| Q1 24 | $201.5M | $1.0B |
总资产FFAIFSS
| Q4 25 | $277.9M | $2.4B | ||
| Q3 25 | $315.6M | $1.9B | ||
| Q2 25 | $399.7M | $1.9B | ||
| Q1 25 | $410.6M | $1.9B | ||
| Q4 24 | $425.4M | $1.8B | ||
| Q3 24 | $449.1M | $1.7B | ||
| Q2 24 | $457.9M | $1.7B | ||
| Q1 24 | $499.9M | $1.7B |
负债/权益比FFAIFSS
| Q4 25 | — | 0.41× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.26× |
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 | $-28.4M | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $-29.5M | $89.5M |
| 自由现金流率自由现金流/营收 | -22886.8% | 15.0% |
| 资本支出强度资本支出/营收 | 867.4% | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.60× |
| 过去12个月自由现金流最近4个季度 | $-115.2M | $227.1M |
8季度趋势，按日历期对齐
经营现金流FFAIFSS
| Q4 25 | $-28.4M | $97.2M | ||
| Q3 25 | $-35.6M | $61.1M | ||
| Q2 25 | $-23.3M | $59.7M | ||
| Q1 25 | $-20.3M | $36.7M | ||
| Q4 24 | $-18.4M | $90.6M | ||
| Q3 24 | $-22.7M | $68.8M | ||
| Q2 24 | $-14.4M | $40.6M | ||
| Q1 24 | $-14.7M | $31.3M |
自由现金流FFAIFSS
| Q4 25 | $-29.5M | $89.5M | ||
| Q3 25 | $-37.1M | $54.1M | ||
| Q2 25 | $-26.8M | $52.4M | ||
| Q1 25 | $-21.9M | $31.1M | ||
| Q4 24 | $-25.3M | $82.1M | ||
| Q3 24 | $-23.0M | $60.9M | ||
| Q2 24 | $-14.6M | $24.8M | ||
| Q1 24 | $-14.8M | $22.9M |
自由现金流率FFAIFSS
| Q4 25 | -22886.8% | 15.0% | ||
| Q3 25 | -100218.9% | 9.7% | ||
| Q2 25 | -49540.7% | 9.3% | ||
| Q1 25 | -6918.7% | 6.7% | ||
| Q4 24 | -10770.6% | 17.4% | ||
| Q3 24 | -255622.2% | 12.8% | ||
| Q2 24 | -4993.5% | 5.1% | ||
| Q1 24 | -740900.0% | 5.4% |
资本支出强度FFAIFSS
| Q4 25 | 867.4% | 1.3% | ||
| Q3 25 | 4102.7% | 1.3% | ||
| Q2 25 | 6368.5% | 1.3% | ||
| Q1 25 | 496.2% | 1.2% | ||
| Q4 24 | 2945.1% | 1.8% | ||
| Q3 24 | 3344.4% | 1.7% | ||
| Q2 24 | 88.4% | 3.2% | ||
| Q1 24 | 4950.0% | 2.0% |
现金转化率FFAIFSS
| Q4 25 | — | 1.60× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 0.67× | ||
| Q1 24 | — | 0.61× |
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
FFAI
暂无分部数据
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
