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FTAI Infrastructure Inc.（FIP）与Liberty Broadband Corp（LBRDA）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是FTAI Infrastructure Inc.的1.8倍（$261.0M vs $143.5M），Liberty Broadband Corp净利率更高（146.7% vs -68.1%，领先214.8%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 6.1%），Liberty Broadband Corp自由现金流更多（$37.0M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 4.3%）
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。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
FIP vs LBRDA — 直观对比
营收规模更大
LBRDA
是对方的1.8倍
$143.5M
营收增速更快
FIP
高出71.6%
6.1%
净利率更高
LBRDA
高出214.8%
-68.1%
自由现金流更多
LBRDA
多$105.6M
$-68.6M
两年增速更快
FIP
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $261.0M |
| 净利润 | $-97.7M | $383.0M |
| 毛利率 | — | — |
| 营业利润率 | -45.7% | 15.7% |
| 净利率 | -68.1% | 146.7% |
| 营收同比 | 77.7% | 6.1% |
| 净利润同比 | 21.6% | 96.4% |
| 每股收益（稀释后） | $-1.04 | $2.68 |
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FIPLBRDA
| Q4 25 | $143.5M | — | ||
| Q3 25 | $140.6M | — | ||
| Q2 25 | $122.3M | $261.0M | ||
| Q1 25 | $96.2M | $266.0M | ||
| Q4 24 | $80.8M | $263.0M | ||
| Q3 24 | $83.3M | $262.0M | ||
| Q2 24 | $84.9M | $246.0M | ||
| Q1 24 | $82.5M | $245.0M |
净利润FIPLBRDA
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | — | ||
| Q2 25 | $-70.0M | $383.0M | ||
| Q1 25 | $120.2M | $268.0M | ||
| Q4 24 | $-124.7M | $291.0M | ||
| Q3 24 | $-43.0M | $142.0M | ||
| Q2 24 | $-48.1M | $195.0M | ||
| Q1 24 | $-50.3M | $241.0M |
营业利润率FIPLBRDA
| Q4 25 | -45.7% | — | ||
| Q3 25 | -70.8% | — | ||
| Q2 25 | -56.4% | 15.7% | ||
| Q1 25 | 81.8% | 16.2% | ||
| Q4 24 | -152.7% | 4.9% | ||
| Q3 24 | -51.7% | 11.5% | ||
| Q2 24 | -56.4% | 8.5% | ||
| Q1 24 | -58.8% | 11.4% |
净利率FIPLBRDA
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | — | ||
| Q2 25 | -57.2% | 146.7% | ||
| Q1 25 | 125.0% | 100.8% | ||
| Q4 24 | -154.4% | 110.6% | ||
| Q3 24 | -51.6% | 54.2% | ||
| Q2 24 | -56.7% | 79.3% | ||
| Q1 24 | -60.9% | 98.4% |
每股收益（稀释后）FIPLBRDA
| Q4 25 | $-1.04 | — | ||
| Q3 25 | $-1.38 | — | ||
| Q2 25 | $-0.73 | $2.68 | ||
| Q1 25 | $0.89 | $1.87 | ||
| Q4 24 | $-1.21 | $2.04 | ||
| Q3 24 | $-0.45 | $0.99 | ||
| Q2 24 | $-0.52 | $1.36 | ||
| Q1 24 | $-0.54 | $1.69 |
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 | $180.0M |
| 总债务越低越好 | $3.8B | $3.1B |
| 股东权益账面价值 | $21.3M | $10.4B |
| 总资产 | $5.7B | $16.6B |
| 负债/权益比越低杠杆越低 | 176.99× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资FIPLBRDA
| Q4 25 | $57.4M | — | ||
| Q3 25 | $34.7M | — | ||
| Q2 25 | $33.6M | $180.0M | ||
| Q1 25 | $26.3M | $226.0M | ||
| Q4 24 | $27.8M | $163.0M | ||
| Q3 24 | $20.3M | $168.0M | ||
| Q2 24 | $33.1M | $73.0M | ||
| Q1 24 | $23.0M | $108.0M |
总债务FIPLBRDA
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | $3.1B | ||
| Q1 25 | $2.8B | $3.8B | ||
| Q4 24 | $1.6B | $3.8B | ||
| Q3 24 | $1.5B | $3.7B | ||
| Q2 24 | $1.6B | $3.6B | ||
| Q1 24 | $1.3B | $3.6B |
股东权益FIPLBRDA
| Q4 25 | $21.3M | — | ||
| Q3 25 | $181.1M | — | ||
| Q2 25 | $375.5M | $10.4B | ||
| Q1 25 | $476.2M | $10.1B | ||
| Q4 24 | $202.7M | $9.8B | ||
| Q3 24 | $370.8M | $9.5B | ||
| Q2 24 | $394.8M | $9.3B | ||
| Q1 24 | $402.5M | $9.1B |
总资产FIPLBRDA
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $4.4B | $16.6B | ||
| Q1 25 | $4.1B | $17.0B | ||
| Q4 24 | $2.4B | $16.7B | ||
| Q3 24 | $2.4B | $16.3B | ||
| Q2 24 | $2.5B | $16.0B | ||
| Q1 24 | $2.3B | $15.7B |
负债/权益比FIPLBRDA
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | 0.30× | ||
| Q1 25 | 5.79× | 0.38× | ||
| Q4 24 | 7.84× | 0.38× | ||
| Q3 24 | 4.14× | 0.39× | ||
| Q2 24 | 3.94× | 0.39× | ||
| Q1 24 | 3.34× | 0.40× |
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 | $91.0M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $37.0M |
| 自由现金流率自由现金流/营收 | -47.8% | 14.2% |
| 资本支出强度资本支出/营收 | 45.9% | 20.7% |
| 现金转化率经营现金流/净利润 | — | 0.24× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | $-49.0M |
8季度趋势，按日历期对齐
经营现金流FIPLBRDA
| Q4 25 | $-2.8M | — | ||
| Q3 25 | $-24.4M | — | ||
| Q2 25 | $-5.2M | $91.0M | ||
| Q1 25 | $-85.7M | $78.0M | ||
| Q4 24 | $-8.1M | $1.0M | ||
| Q3 24 | $14.2M | $24.0M | ||
| Q2 24 | $-17.6M | $27.0M | ||
| Q1 24 | $-3.9M | $52.0M |
自由现金流FIPLBRDA
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | — | ||
| Q2 25 | $-87.5M | $37.0M | ||
| Q1 25 | $-151.7M | $13.0M | ||
| Q4 24 | $-34.3M | $-63.0M | ||
| Q3 24 | $-11.7M | $-36.0M | ||
| Q2 24 | $-32.1M | $-35.0M | ||
| Q1 24 | $-16.7M | $-9.0M |
自由现金流率FIPLBRDA
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | — | ||
| Q2 25 | -71.6% | 14.2% | ||
| Q1 25 | -157.7% | 4.9% | ||
| Q4 24 | -42.4% | -24.0% | ||
| Q3 24 | -14.0% | -13.7% | ||
| Q2 24 | -37.9% | -14.2% | ||
| Q1 24 | -20.3% | -3.7% |
资本支出强度FIPLBRDA
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 67.3% | 20.7% | ||
| Q1 25 | 68.6% | 24.4% | ||
| Q4 24 | 32.5% | 24.3% | ||
| Q3 24 | 31.1% | 22.9% | ||
| Q2 24 | 17.2% | 25.2% | ||
| Q1 24 | 15.6% | 24.9% |
现金转化率FIPLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | -0.71× | 0.29× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.22× |
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% |
LBRDA
暂无分部数据
