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FTAI Infrastructure Inc.（FIP）与莱夫 Nation 娱乐（LIVE）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是莱夫 Nation 娱乐的1.7倍（$188.4M vs $108.5M），莱夫 Nation 娱乐净利率更高（-0.1% vs -79.7%，领先79.7%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -2.7%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% 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。
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并而成。目前两大品牌均作为子品牌运营，在全球范围内推广现场娱乐活动并提供票务销售服务，同时还自营多处娱乐场馆，并为音乐人提供艺人经纪服务。
FIP vs LIVE — 直观对比
营收规模更大
FIP
是对方的1.7倍
$108.5M
营收增速更快
FIP
高出98.5%
-2.7%
净利率更高
LIVE
高出79.7%
-79.7%
两年增速更快
FIP
近两年复合增速
-4.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $108.5M |
| 净利润 | $-150.2M | $-64.0K |
| 毛利率 | — | 32.6% |
| 营业利润率 | — | 3.2% |
| 净利率 | -79.7% | -0.1% |
| 营收同比 | 95.9% | -2.7% |
| 净利润同比 | -387.6% | -113.0% |
| 每股收益（稀释后） | $-1.32 | $-0.02 |
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FIPLIVE
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $108.5M | ||
| Q3 25 | $140.6M | $113.9M | ||
| Q2 25 | $122.3M | $112.5M | ||
| Q1 25 | $96.2M | $107.0M | ||
| Q4 24 | $80.8M | $111.5M | ||
| Q3 24 | $83.3M | $112.7M | ||
| Q2 24 | $84.9M | $123.9M |
净利润FIPLIVE
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | $-64.0K | ||
| Q3 25 | $-104.5M | $997.0K | ||
| Q2 25 | $-70.0M | $5.4M | ||
| Q1 25 | $120.2M | $15.9M | ||
| Q4 24 | $-124.7M | $492.0K | ||
| Q3 24 | $-43.0M | $-19.9M | ||
| Q2 24 | $-48.1M | $-2.9M |
毛利率FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 29.9% |
营业利润率FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | 3.2% | ||
| Q3 25 | -70.8% | 3.3% | ||
| Q2 25 | -56.4% | 7.1% | ||
| Q1 25 | 81.8% | 2.0% | ||
| Q4 24 | -152.7% | 0.7% | ||
| Q3 24 | -51.7% | -15.5% | ||
| Q2 24 | -56.4% | 0.9% |
净利率FIPLIVE
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | -0.1% | ||
| Q3 25 | -74.4% | 0.9% | ||
| Q2 25 | -57.2% | 4.8% | ||
| Q1 25 | 125.0% | 14.8% | ||
| Q4 24 | -154.4% | 0.4% | ||
| Q3 24 | -51.6% | -17.6% | ||
| Q2 24 | -56.7% | -2.3% |
每股收益（稀释后）FIPLIVE
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $-0.02 | ||
| Q3 25 | $-1.38 | $-1.52 | ||
| Q2 25 | $-0.73 | $1.24 | ||
| Q1 25 | $0.89 | $5.05 | ||
| Q4 24 | $-1.21 | $0.16 | ||
| Q3 24 | $-0.45 | $-6.31 | ||
| Q2 24 | $-0.52 | $-0.91 |
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 | $37.9M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-122.5K | $95.3M |
| 总资产 | $5.7B | $389.2M |
| 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FIPLIVE
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | — | ||
| Q3 25 | $34.7M | — | ||
| Q2 25 | $33.6M | — | ||
| Q1 25 | $26.3M | — | ||
| Q4 24 | $27.8M | — | ||
| Q3 24 | $20.3M | — | ||
| Q2 24 | $33.1M | — |
总债务FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — |
股东权益FIPLIVE
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $95.3M | ||
| Q3 25 | $181.1M | $95.3M | ||
| Q2 25 | $375.5M | $94.3M | ||
| Q1 25 | $476.2M | $88.9M | ||
| Q4 24 | $202.7M | $73.3M | ||
| Q3 24 | $370.8M | $72.9M | ||
| Q2 24 | $394.8M | $92.7M |
总资产FIPLIVE
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $389.2M | ||
| Q3 25 | $5.5B | $386.4M | ||
| Q2 25 | $4.4B | $387.5M | ||
| Q1 25 | $4.1B | $393.6M | ||
| Q4 24 | $2.4B | $395.5M | ||
| Q3 24 | $2.4B | $407.5M | ||
| Q2 24 | $2.5B | $436.8M |
负债/权益比FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | — | ||
| Q1 25 | 5.79× | — | ||
| Q4 24 | 7.84× | — | ||
| Q3 24 | 4.14× | — | ||
| Q2 24 | 3.94× | — |
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 | $-69.4M | $9.8M |
| 自由现金流经营现金流 - 资本支出 | — | $8.5M |
| 自由现金流率自由现金流/营收 | — | 7.8% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $21.9M |
8季度趋势，按日历期对齐
经营现金流FIPLIVE
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $9.8M | ||
| Q3 25 | $-24.4M | $6.8M | ||
| Q2 25 | $-5.2M | $12.3M | ||
| Q1 25 | $-85.7M | $231.0K | ||
| Q4 24 | $-8.1M | $9.4M | ||
| Q3 24 | $14.2M | $6.7M | ||
| Q2 24 | $-17.6M | $11.7M |
自由现金流FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $8.5M | ||
| Q3 25 | $-90.7M | $4.8M | ||
| Q2 25 | $-87.5M | $10.8M | ||
| Q1 25 | $-151.7M | $-2.3M | ||
| Q4 24 | $-34.3M | $7.6M | ||
| Q3 24 | $-11.7M | $3.3M | ||
| Q2 24 | $-32.1M | $10.1M |
自由现金流率FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | 7.8% | ||
| Q3 25 | -64.5% | 4.2% | ||
| Q2 25 | -71.6% | 9.6% | ||
| Q1 25 | -157.7% | -2.1% | ||
| Q4 24 | -42.4% | 6.8% | ||
| Q3 24 | -14.0% | 2.9% | ||
| Q2 24 | -37.9% | 8.2% |
资本支出强度FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 1.2% | ||
| Q3 25 | 47.2% | 1.7% | ||
| Q2 25 | 67.3% | 1.3% | ||
| Q1 25 | 68.6% | 2.3% | ||
| Q4 24 | 32.5% | 1.6% | ||
| Q3 24 | 31.1% | 3.1% | ||
| Q2 24 | 17.2% | 1.3% |
现金转化率FIPLIVE
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.78× | ||
| Q2 25 | — | 2.28× | ||
| Q1 25 | -0.71× | 0.01× | ||
| Q4 24 | — | 19.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
暂无分部数据
LIVE
| Steel Manufacturing Segment | $31.9M | 29% |
| Flooring Manufacturing Segment | $28.9M | 27% |
| Retail Flooring Segment | $25.3M | 23% |
| Retail Entertainment Segment | $23.6M | 22% |
