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FTAI Infrastructure Inc.（FIP）与MALIBU BOATS, INC.（MBUU）财务数据对比。点击上方公司名可切换其他公司
MALIBU BOATS, INC.的季度营收约是FTAI Infrastructure Inc.的1.0倍（$188.6M vs $188.4M），MALIBU BOATS, INC.净利率更高（-1.3% vs -79.7%，领先78.4%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -5.8%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs -3.7%）
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。
马里布游艇是美国休闲游艇制造商，1982年创立于加利福尼亚州默塞德，现总部位于田纳西州洛登，在澳大利亚新南威尔士州也设有生产基地。它是全球最大的水上运动拖船制造商，产品可供休闲使用，也应用于滑水、尾波滑板等各类赛事活动。
FIP vs MBUU — 直观对比
营收规模更大
MBUU
是对方的1.0倍
$188.4M
营收增速更快
FIP
高出101.7%
-5.8%
净利率更高
MBUU
高出78.4%
-79.7%
两年增速更快
FIP
近两年复合增速
-3.7%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $188.6M |
| 净利润 | $-150.2M | $-2.5M |
| 毛利率 | — | 13.3% |
| 营业利润率 | — | -1.9% |
| 净利率 | -79.7% | -1.3% |
| 营收同比 | 95.9% | -5.8% |
| 净利润同比 | -387.6% | -204.2% |
| 每股收益（稀释后） | $-1.32 | $-0.13 |
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FIPMBUU
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $188.6M | ||
| Q3 25 | $140.6M | $194.7M | ||
| Q2 25 | $122.3M | $207.0M | ||
| Q1 25 | $96.2M | $228.7M | ||
| Q4 24 | $80.8M | $200.3M | ||
| Q3 24 | $83.3M | $171.6M | ||
| Q2 24 | $84.9M | $158.7M |
净利润FIPMBUU
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | $-2.5M | ||
| Q3 25 | $-104.5M | $-702.0K | ||
| Q2 25 | $-70.0M | $4.7M | ||
| Q1 25 | $120.2M | $12.9M | ||
| Q4 24 | $-124.7M | $2.4M | ||
| Q3 24 | $-43.0M | $-5.0M | ||
| Q2 24 | $-48.1M | $-19.2M |
毛利率FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 15.8% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 7.9% |
营业利润率FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | -1.9% | ||
| Q3 25 | -70.8% | -0.4% | ||
| Q2 25 | -56.4% | 3.3% | ||
| Q1 25 | 81.8% | 7.6% | ||
| Q4 24 | -152.7% | 1.6% | ||
| Q3 24 | -51.7% | -3.3% | ||
| Q2 24 | -56.4% | -15.4% |
净利率FIPMBUU
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | -1.3% | ||
| Q3 25 | -74.4% | -0.4% | ||
| Q2 25 | -57.2% | 2.3% | ||
| Q1 25 | 125.0% | 5.6% | ||
| Q4 24 | -154.4% | 1.2% | ||
| Q3 24 | -51.6% | -2.9% | ||
| Q2 24 | -56.7% | -12.1% |
每股收益（稀释后）FIPMBUU
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $-0.13 | ||
| Q3 25 | $-1.38 | $-0.04 | ||
| Q2 25 | $-0.73 | $0.23 | ||
| Q1 25 | $0.89 | $0.66 | ||
| Q4 24 | $-1.21 | $0.12 | ||
| Q3 24 | $-0.45 | $-0.25 | ||
| Q2 24 | $-0.52 | $-0.93 |
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 | $28.2M |
| 总债务越低越好 | — | $20.0M |
| 股东权益账面价值 | $-122.5K | $495.0M |
| 总资产 | $5.7B | $715.7M |
| 负债/权益比越低杠杆越低 | — | 0.04× |
8季度趋势，按日历期对齐
现金及短期投资FIPMBUU
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $28.2M | ||
| Q3 25 | $34.7M | $44.1M | ||
| Q2 25 | $33.6M | $37.0M | ||
| Q1 25 | $26.3M | $38.7M | ||
| Q4 24 | $27.8M | $35.1M | ||
| Q3 24 | $20.3M | $27.7M | ||
| Q2 24 | $33.1M | $26.9M |
总债务FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $20.0M | ||
| Q3 25 | $3.7B | $23.0M | ||
| Q2 25 | $3.1B | $18.0M | ||
| Q1 25 | $2.8B | $28.0M | ||
| Q4 24 | $1.6B | $23.0M | ||
| Q3 24 | $1.5B | $28.0M | ||
| Q2 24 | $1.6B | $0 |
股东权益FIPMBUU
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $495.0M | ||
| Q3 25 | $181.1M | $516.4M | ||
| Q2 25 | $375.5M | $515.5M | ||
| Q1 25 | $476.2M | $513.0M | ||
| Q4 24 | $202.7M | $509.8M | ||
| Q3 24 | $370.8M | $517.7M | ||
| Q2 24 | $394.8M | $530.0M |
总资产FIPMBUU
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $715.7M | ||
| Q3 25 | $5.5B | $755.6M | ||
| Q2 25 | $4.4B | $734.6M | ||
| Q1 25 | $4.1B | $758.8M | ||
| Q4 24 | $2.4B | $738.7M | ||
| Q3 24 | $2.4B | $759.1M | ||
| Q2 24 | $2.5B | $739.6M |
负债/权益比FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | 0.04× | ||
| Q3 25 | 20.59× | 0.04× | ||
| Q2 25 | 8.21× | 0.03× | ||
| Q1 25 | 5.79× | 0.05× | ||
| Q4 24 | 7.84× | 0.05× | ||
| Q3 24 | 4.14× | 0.05× | ||
| Q2 24 | 3.94× | 0.00× |
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 | $12.6M |
| 自由现金流经营现金流 - 资本支出 | — | $8.2M |
| 自由现金流率自由现金流/营收 | — | 4.4% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 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 | — | $33.3M |
8季度趋势，按日历期对齐
经营现金流FIPMBUU
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $12.6M | ||
| Q3 25 | $-24.4M | $6.5M | ||
| Q2 25 | $-5.2M | $21.0M | ||
| Q1 25 | $-85.7M | $15.5M | ||
| Q4 24 | $-8.1M | $28.4M | ||
| Q3 24 | $14.2M | $-8.4M | ||
| Q2 24 | $-17.6M | $16.3M |
自由现金流FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $8.2M | ||
| Q3 25 | $-90.7M | $2.2M | ||
| Q2 25 | $-87.5M | $14.1M | ||
| Q1 25 | $-151.7M | $8.8M | ||
| Q4 24 | $-34.3M | $22.8M | ||
| Q3 24 | $-11.7M | $-17.0M | ||
| Q2 24 | $-32.1M | $4.5M |
自由现金流率FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | 4.4% | ||
| Q3 25 | -64.5% | 1.1% | ||
| Q2 25 | -71.6% | 6.8% | ||
| Q1 25 | -157.7% | 3.8% | ||
| Q4 24 | -42.4% | 11.4% | ||
| Q3 24 | -14.0% | -9.9% | ||
| Q2 24 | -37.9% | 2.8% |
资本支出强度FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 2.3% | ||
| Q3 25 | 47.2% | 2.2% | ||
| Q2 25 | 67.3% | 3.4% | ||
| Q1 25 | 68.6% | 2.9% | ||
| Q4 24 | 32.5% | 2.8% | ||
| Q3 24 | 31.1% | 5.0% | ||
| Q2 24 | 17.2% | 7.5% |
现金转化率FIPMBUU
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.50× | ||
| Q1 25 | -0.71× | 1.20× | ||
| Q4 24 | — | 12.02× | ||
| 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
MBUU
| Boatand Trailer Sales | $68.1M | 36% |
| Saltwater Fishing | $65.3M | 35% |
| Cobalt | $52.6M | 28% |
| Part And Other Sales | $2.6M | 1% |
