vs
Fair Isaac（FICO）与FULLER H B CO（FUL）财务数据对比。点击上方公司名可切换其他公司
FULLER H B CO的季度营收约是Fair Isaac的1.7倍（$892.0M vs $512.0M），Fair Isaac净利率更高（30.9% vs 7.5%，领先23.4%），Fair Isaac同比增速更快（16.4% vs -2.8%），Fair Isaac自由现金流更多（$173.9M vs $68.9M），过去两年Fair Isaac的营收复合增速更高（8.6% vs 5.0%）
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
H.B.富勒公司是总部位于美国明尼苏达州圣保罗的跨国粘合剂制造企业，全球第四大粘合剂及密封剂生产商。公司拥有超过20000种产品，广泛应用于建筑、工程、电子、卫生用品、食品包装等领域，在26个国家设有81座生产基地，2024年员工规模约7500人。
FICO vs FUL — 直观对比
营收规模更大
FUL
是对方的1.7倍
$512.0M
营收增速更快
FICO
高出19.2%
-2.8%
净利率更高
FICO
高出23.4%
7.5%
自由现金流更多
FICO
多$104.9M
$68.9M
两年增速更快
FICO
近两年复合增速
5.0%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $892.0M |
| 净利润 | $158.4M | $67.2M |
| 毛利率 | 83.0% | 32.0% |
| 营业利润率 | 45.7% | 12.3% |
| 净利率 | 30.9% | 7.5% |
| 营收同比 | 16.4% | -2.8% |
| 净利润同比 | 3.8% | 21.3% |
| 每股收益（稀释后） | $6.61 | $1.22 |
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FICOFUL
| Q4 25 | $512.0M | — | ||
| Q3 25 | $515.8M | $892.0M | ||
| Q2 25 | $536.4M | $898.1M | ||
| Q1 25 | $498.7M | — | ||
| Q4 24 | $440.0M | — | ||
| Q3 24 | $453.8M | $917.9M | ||
| Q2 24 | $447.8M | — | ||
| Q1 24 | $433.8M | $810.4M |
净利润FICOFUL
| Q4 25 | $158.4M | — | ||
| Q3 25 | $155.0M | $67.2M | ||
| Q2 25 | $181.8M | $41.8M | ||
| Q1 25 | $162.6M | — | ||
| Q4 24 | $152.5M | — | ||
| Q3 24 | $135.7M | $55.4M | ||
| Q2 24 | $126.3M | — | ||
| Q1 24 | $129.8M | $31.0M |
毛利率FICOFUL
| Q4 25 | 83.0% | — | ||
| Q3 25 | 82.3% | 32.0% | ||
| Q2 25 | 83.7% | 31.9% | ||
| Q1 25 | 82.4% | — | ||
| Q4 24 | 80.1% | — | ||
| Q3 24 | 80.3% | 30.0% | ||
| Q2 24 | 80.3% | — | ||
| Q1 24 | 80.0% | 29.5% |
营业利润率FICOFUL
| Q4 25 | 45.7% | — | ||
| Q3 25 | 46.0% | 12.3% | ||
| Q2 25 | 48.9% | 11.1% | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 40.8% | — | ||
| Q3 24 | 43.4% | 11.4% | ||
| Q2 24 | 42.5% | — | ||
| Q1 24 | 44.9% | 8.3% |
净利率FICOFUL
| Q4 25 | 30.9% | — | ||
| Q3 25 | 30.1% | 7.5% | ||
| Q2 25 | 33.9% | 4.7% | ||
| Q1 25 | 32.6% | — | ||
| Q4 24 | 34.7% | — | ||
| Q3 24 | 29.9% | 6.0% | ||
| Q2 24 | 28.2% | — | ||
| Q1 24 | 29.9% | 3.8% |
每股收益（稀释后）FICOFUL
| Q4 25 | $6.61 | — | ||
| Q3 25 | $6.41 | $1.22 | ||
| Q2 25 | $7.40 | $0.76 | ||
| Q1 25 | $6.59 | — | ||
| Q4 24 | $6.14 | — | ||
| Q3 24 | $5.44 | $0.98 | ||
| Q2 24 | $5.05 | — | ||
| Q1 24 | $5.16 | $0.55 |
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 | $162.0M | $122.5M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $-1.8B | $2.0B |
| 总资产 | $1.9B | $5.2B |
| 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FICOFUL
| Q4 25 | $162.0M | — | ||
| Q3 25 | $134.1M | $122.5M | ||
| Q2 25 | $189.0M | $96.8M | ||
| Q1 25 | $146.6M | — | ||
| Q4 24 | $184.3M | — | ||
| Q3 24 | $150.7M | $131.4M | ||
| Q2 24 | $156.0M | — | ||
| Q1 24 | $135.7M | $165.2M |
总债务FICOFUL
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.0B | — |
股东权益FICOFUL
| Q4 25 | $-1.8B | — | ||
| Q3 25 | $-1.7B | $2.0B | ||
| Q2 25 | $-1.4B | $1.9B | ||
| Q1 25 | $-1.1B | — | ||
| Q4 24 | $-1.1B | — | ||
| Q3 24 | $-962.7M | $1.8B | ||
| Q2 24 | $-829.3M | — | ||
| Q1 24 | $-735.7M | $1.8B |
总资产FICOFUL
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $5.2B | ||
| Q2 25 | $1.9B | $5.1B | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | $5.0B | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | $4.7B |
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 | $174.1M | $99.0M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $68.9M |
| 自由现金流率自由现金流/营收 | 34.0% | 7.7% |
| 资本支出强度资本支出/营收 | 0.0% | 3.4% |
| 现金转化率经营现金流/净利润 | 1.10× | 1.47× |
| 过去12个月自由现金流最近4个季度 | $750.6M | — |
8季度趋势，按日历期对齐
经营现金流FICOFUL
| Q4 25 | $174.1M | — | ||
| Q3 25 | $223.7M | $99.0M | ||
| Q2 25 | $286.2M | — | ||
| Q1 25 | $74.9M | — | ||
| Q4 24 | $194.0M | — | ||
| Q3 24 | $226.5M | $169.4M | ||
| Q2 24 | $213.3M | — | ||
| Q1 24 | $71.0M | $47.4M |
自由现金流FICOFUL
| Q4 25 | $173.9M | — | ||
| Q3 25 | $219.5M | $68.9M | ||
| Q2 25 | $284.4M | — | ||
| Q1 25 | $72.8M | — | ||
| Q4 24 | $193.2M | — | ||
| Q3 24 | $224.7M | $99.9M | ||
| Q2 24 | $211.6M | — | ||
| Q1 24 | $67.0M | $4.1M |
自由现金流率FICOFUL
| Q4 25 | 34.0% | — | ||
| Q3 25 | 42.6% | 7.7% | ||
| Q2 25 | 53.0% | — | ||
| Q1 25 | 14.6% | — | ||
| Q4 24 | 43.9% | — | ||
| Q3 24 | 49.5% | 10.9% | ||
| Q2 24 | 47.2% | — | ||
| Q1 24 | 15.4% | 0.5% |
资本支出强度FICOFUL
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.8% | 3.4% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | 7.6% | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.9% | 5.3% |
现金转化率FICOFUL
| Q4 25 | 1.10× | — | ||
| Q3 25 | 1.44× | 1.47× | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.67× | 3.06× | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.55× | 1.53× |
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
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
FUL
| Hygiene Health And Consumable Adhesives | $386.1M | 43% |
| Engineering Adhesives | $272.3M | 31% |
| Building Adhesives Solutions | $233.7M | 26% |
