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FTAI Infrastructure Inc.（FIP）与FOSTER L B CO（FSTR）财务数据对比。点击上方公司名可切换其他公司
FOSTER L B CO的季度营收约是FTAI Infrastructure Inc.的1.1倍（$160.4M vs $143.5M），FOSTER L B CO净利率更高（1.5% vs -68.1%，领先69.6%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 25.1%），FOSTER L B CO自由现金流更多（$19.8M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 13.6%）
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
Foster L B Co.是一家总部位于美国的专业工业制造企业，主要生产销售工程通道产品、建筑组件及铁路基础设施用品，服务覆盖北美及部分全球地区的商业建筑、交通和工业领域客户。
FIP vs FSTR — 直观对比
营收规模更大
FSTR
是对方的1.1倍
$143.5M
营收增速更快
FIP
高出52.6%
25.1%
净利率更高
FSTR
高出69.6%
-68.1%
自由现金流更多
FSTR
多$88.4M
$-68.6M
两年增速更快
FIP
近两年复合增速
13.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $160.4M |
| 净利润 | $-97.7M | $2.4M |
| 毛利率 | — | 19.7% |
| 营业利润率 | -45.7% | 4.9% |
| 净利率 | -68.1% | 1.5% |
| 营收同比 | 77.7% | 25.1% |
| 净利润同比 | 21.6% | 1098.3% |
| 每股收益（稀释后） | $-1.04 | $0.22 |
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FIPFSTR
| Q4 25 | $143.5M | $160.4M | ||
| Q3 25 | $140.6M | $138.3M | ||
| Q2 25 | $122.3M | $143.6M | ||
| Q1 25 | $96.2M | $97.8M | ||
| Q4 24 | $80.8M | $128.2M | ||
| Q3 24 | $83.3M | $137.5M | ||
| Q2 24 | $84.9M | $140.8M | ||
| Q1 24 | $82.5M | $124.3M |
净利润FIPFSTR
| Q4 25 | $-97.7M | $2.4M | ||
| Q3 25 | $-104.5M | $4.4M | ||
| Q2 25 | $-70.0M | $2.9M | ||
| Q1 25 | $120.2M | $-2.1M | ||
| Q4 24 | $-124.7M | $-242.0K | ||
| Q3 24 | $-43.0M | $35.9M | ||
| Q2 24 | $-48.1M | $2.8M | ||
| Q1 24 | $-50.3M | $4.4M |
毛利率FIPFSTR
| Q4 25 | — | 19.7% | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 23.8% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 21.1% |
营业利润率FIPFSTR
| Q4 25 | -45.7% | 4.9% | ||
| Q3 25 | -70.8% | 6.0% | ||
| Q2 25 | -56.4% | 5.3% | ||
| Q1 25 | 81.8% | -2.0% | ||
| Q4 24 | -152.7% | 2.4% | ||
| Q3 24 | -51.7% | 5.3% | ||
| Q2 24 | -56.4% | 3.2% | ||
| Q1 24 | -58.8% | 4.5% |
净利率FIPFSTR
| Q4 25 | -68.1% | 1.5% | ||
| Q3 25 | -74.4% | 3.1% | ||
| Q2 25 | -57.2% | 2.0% | ||
| Q1 25 | 125.0% | -2.2% | ||
| Q4 24 | -154.4% | -0.2% | ||
| Q3 24 | -51.6% | 26.1% | ||
| Q2 24 | -56.7% | 2.0% | ||
| Q1 24 | -60.9% | 3.6% |
每股收益（稀释后）FIPFSTR
| Q4 25 | $-1.04 | $0.22 | ||
| Q3 25 | $-1.38 | $0.40 | ||
| Q2 25 | $-0.73 | $0.27 | ||
| Q1 25 | $0.89 | $-0.20 | ||
| Q4 24 | $-1.21 | $-0.04 | ||
| Q3 24 | $-0.45 | $3.27 | ||
| Q2 24 | $-0.52 | $0.26 | ||
| Q1 24 | $-0.54 | $0.40 |
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 | $57.4M | $4.3M |
| 总债务越低越好 | $3.8B | $42.6M |
| 股东权益账面价值 | $21.3M | $175.3M |
| 总资产 | $5.7B | $330.4M |
| 负债/权益比越低杠杆越低 | 176.99× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资FIPFSTR
| Q4 25 | $57.4M | $4.3M | ||
| Q3 25 | $34.7M | $3.4M | ||
| Q2 25 | $33.6M | $4.2M | ||
| Q1 25 | $26.3M | $2.6M | ||
| Q4 24 | $27.8M | $2.5M | ||
| Q3 24 | $20.3M | $3.1M | ||
| Q2 24 | $33.1M | $4.0M | ||
| Q1 24 | $23.0M | $3.1M |
总债务FIPFSTR
| Q4 25 | $3.8B | $42.6M | ||
| Q3 25 | $3.7B | $58.6M | ||
| Q2 25 | $3.1B | $81.4M | ||
| Q1 25 | $2.8B | $82.3M | ||
| Q4 24 | $1.6B | $46.8M | ||
| Q3 24 | $1.5B | $68.4M | ||
| Q2 24 | $1.6B | $87.0M | ||
| Q1 24 | $1.3B | $77.9M |
股东权益FIPFSTR
| Q4 25 | $21.3M | $175.3M | ||
| Q3 25 | $181.1M | $174.8M | ||
| Q2 25 | $375.5M | $174.4M | ||
| Q1 25 | $476.2M | $170.8M | ||
| Q4 24 | $202.7M | $178.3M | ||
| Q3 24 | $370.8M | $181.9M | ||
| Q2 24 | $394.8M | $147.1M | ||
| Q1 24 | $402.5M | $144.6M |
总资产FIPFSTR
| Q4 25 | $5.7B | $330.4M | ||
| Q3 25 | $5.5B | $333.9M | ||
| Q2 25 | $4.4B | $349.9M | ||
| Q1 25 | $4.1B | $342.8M | ||
| Q4 24 | $2.4B | $334.6M | ||
| Q3 24 | $2.4B | $344.5M | ||
| Q2 24 | $2.5B | $333.3M | ||
| Q1 24 | $2.3B | $326.4M |
负债/权益比FIPFSTR
| Q4 25 | 176.99× | 0.24× | ||
| Q3 25 | 20.59× | 0.33× | ||
| Q2 25 | 8.21× | 0.47× | ||
| Q1 25 | 5.79× | 0.48× | ||
| Q4 24 | 7.84× | 0.26× | ||
| Q3 24 | 4.14× | 0.38× | ||
| Q2 24 | 3.94× | 0.59× | ||
| Q1 24 | 3.34× | 0.54× |
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 | $-2.8M | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $19.8M |
| 自由现金流率自由现金流/营收 | -47.8% | 12.3% |
| 资本支出强度资本支出/营收 | 45.9% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 9.18× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | $25.2M |
8季度趋势，按日历期对齐
经营现金流FIPFSTR
| Q4 25 | $-2.8M | $22.2M | ||
| Q3 25 | $-24.4M | $29.2M | ||
| Q2 25 | $-5.2M | $10.4M | ||
| Q1 25 | $-85.7M | $-26.1M | ||
| Q4 24 | $-8.1M | $24.3M | ||
| Q3 24 | $14.2M | $24.7M | ||
| Q2 24 | $-17.6M | $-5.0M | ||
| Q1 24 | $-3.9M | $-21.4M |
自由现金流FIPFSTR
| Q4 25 | $-68.6M | $19.8M | ||
| Q3 25 | $-90.7M | $26.4M | ||
| Q2 25 | $-87.5M | $7.7M | ||
| Q1 25 | $-151.7M | $-28.7M | ||
| Q4 24 | $-34.3M | $22.3M | ||
| Q3 24 | $-11.7M | $21.7M | ||
| Q2 24 | $-32.1M | $-7.0M | ||
| Q1 24 | $-16.7M | $-24.2M |
自由现金流率FIPFSTR
| Q4 25 | -47.8% | 12.3% | ||
| Q3 25 | -64.5% | 19.1% | ||
| Q2 25 | -71.6% | 5.4% | ||
| Q1 25 | -157.7% | -29.4% | ||
| Q4 24 | -42.4% | 17.4% | ||
| Q3 24 | -14.0% | 15.8% | ||
| Q2 24 | -37.9% | -5.0% | ||
| Q1 24 | -20.3% | -19.4% |
资本支出强度FIPFSTR
| Q4 25 | 45.9% | 1.5% | ||
| Q3 25 | 47.2% | 2.0% | ||
| Q2 25 | 67.3% | 1.9% | ||
| Q1 25 | 68.6% | 2.6% | ||
| Q4 24 | 32.5% | 1.5% | ||
| Q3 24 | 31.1% | 2.2% | ||
| Q2 24 | 17.2% | 1.5% | ||
| Q1 24 | 15.6% | 2.2% |
现金转化率FIPFSTR
| Q4 25 | — | 9.18× | ||
| Q3 25 | — | 6.70× | ||
| Q2 25 | — | 3.61× | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | -1.74× | ||
| Q1 24 | — | -4.83× |
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
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
FSTR
| Rail Technologies And Services Segment | $98.0M | 61% |
| Over Time Output Method | $26.3M | 16% |
| Services | $19.4M | 12% |
| Rail Technologies Products | $10.0M | 6% |
| Over Time Input Method | $8.3M | 5% |
