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FTAI Infrastructure Inc.（FIP）与NOODLES & Co（NDLS）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NOODLES & Co的1.2倍（$143.5M vs $122.1M），NOODLES & Co净利率更高（-7.5% vs -68.1%，领先60.6%），FTAI Infrastructure Inc.同比增速更快（77.7% vs -4.1%），NOODLES & Co自由现金流更多（$-2.8M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs -1.2%）
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。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
FIP vs NDLS — 直观对比
营收规模更大
FIP
是对方的1.2倍
$122.1M
营收增速更快
FIP
高出81.8%
-4.1%
净利率更高
NDLS
高出60.6%
-68.1%
自由现金流更多
NDLS
多$65.8M
$-68.6M
两年增速更快
FIP
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $122.1M |
| 净利润 | $-97.7M | $-9.2M |
| 毛利率 | — | — |
| 营业利润率 | -45.7% | -5.2% |
| 净利率 | -68.1% | -7.5% |
| 营收同比 | 77.7% | -4.1% |
| 净利润同比 | 21.6% | 32.8% |
| 每股收益（稀释后） | $-1.04 | $-0.20 |
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FIPNDLS
| Q4 25 | $143.5M | — | ||
| Q3 25 | $140.6M | $122.1M | ||
| Q2 25 | $122.3M | $123.8M | ||
| Q1 25 | $96.2M | — | ||
| Q4 24 | $80.8M | $122.8M | ||
| Q3 24 | $83.3M | $127.4M | ||
| Q2 24 | $84.9M | $121.4M | ||
| Q1 24 | $82.5M | $124.3M |
净利润FIPNDLS
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $-9.2M | ||
| Q2 25 | $-70.0M | $-9.1M | ||
| Q1 25 | $120.2M | — | ||
| Q4 24 | $-124.7M | $-6.8M | ||
| Q3 24 | $-43.0M | $-13.6M | ||
| Q2 24 | $-48.1M | $-6.1M | ||
| Q1 24 | $-50.3M | $-6.1M |
营业利润率FIPNDLS
| Q4 25 | -45.7% | — | ||
| Q3 25 | -70.8% | -5.2% | ||
| Q2 25 | -56.4% | -5.2% | ||
| Q1 25 | 81.8% | — | ||
| Q4 24 | -152.7% | -3.9% | ||
| Q3 24 | -51.7% | -9.0% | ||
| Q2 24 | -56.4% | -3.4% | ||
| Q1 24 | -58.8% | -3.7% |
净利率FIPNDLS
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | -7.5% | ||
| Q2 25 | -57.2% | -7.3% | ||
| Q1 25 | 125.0% | — | ||
| Q4 24 | -154.4% | -5.5% | ||
| Q3 24 | -51.6% | -10.7% | ||
| Q2 24 | -56.7% | -5.1% | ||
| Q1 24 | -60.9% | -4.9% |
每股收益（稀释后）FIPNDLS
| Q4 25 | $-1.04 | — | ||
| Q3 25 | $-1.38 | $-0.20 | ||
| Q2 25 | $-0.73 | $-0.20 | ||
| Q1 25 | $0.89 | — | ||
| Q4 24 | $-1.21 | $-0.15 | ||
| Q3 24 | $-0.45 | $-0.30 | ||
| Q2 24 | $-0.52 | $-0.14 | ||
| Q1 24 | $-0.54 | $-1.64 |
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 | $4.7M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $21.3M | $-38.9M |
| 总资产 | $5.7B | $280.6M |
| 负债/权益比越低杠杆越低 | 176.99× | — |
8季度趋势，按日历期对齐
现金及短期投资FIPNDLS
| Q4 25 | $57.4M | — | ||
| Q3 25 | $34.7M | $4.7M | ||
| Q2 25 | $33.6M | $1.4M | ||
| Q1 25 | $26.3M | — | ||
| Q4 24 | $27.8M | $3.3M | ||
| Q3 24 | $20.3M | $1.8M | ||
| Q2 24 | $33.1M | $1.3M | ||
| Q1 24 | $23.0M | $3.0M |
总债务FIPNDLS
| 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 | — | ||
| Q1 24 | $1.3B | — |
股东权益FIPNDLS
| Q4 25 | $21.3M | — | ||
| Q3 25 | $181.1M | $-38.9M | ||
| Q2 25 | $375.5M | $-13.9M | ||
| Q1 25 | $476.2M | — | ||
| Q4 24 | $202.7M | $3.7M | ||
| Q3 24 | $370.8M | $9.6M | ||
| Q2 24 | $394.8M | $21.9M | ||
| Q1 24 | $402.5M | $27.2M |
总资产FIPNDLS
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.5B | $280.6M | ||
| Q2 25 | $4.4B | $319.4M | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $2.4B | $340.5M | ||
| Q3 24 | $2.4B | $346.3M | ||
| Q2 24 | $2.5B | $360.4M | ||
| Q1 24 | $2.3B | $368.1M |
负债/权益比FIPNDLS
| 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× | — | ||
| Q1 24 | 3.34× | — |
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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $-2.8M |
| 自由现金流率自由现金流/营收 | -47.8% | -2.3% |
| 资本支出强度资本支出/营收 | 45.9% | 5.8% |
| 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 | $-398.5M | $-7.5M |
8季度趋势，按日历期对齐
经营现金流FIPNDLS
| Q4 25 | $-2.8M | — | ||
| Q3 25 | $-24.4M | $4.3M | ||
| Q2 25 | $-5.2M | $4.0M | ||
| Q1 25 | $-85.7M | — | ||
| Q4 24 | $-8.1M | $5.8M | ||
| Q3 24 | $14.2M | $4.7M | ||
| Q2 24 | $-17.6M | $7.0M | ||
| Q1 24 | $-3.9M | $164.0K |
自由现金流FIPNDLS
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | $-2.8M | ||
| Q2 25 | $-87.5M | $1.1M | ||
| Q1 25 | $-151.7M | — | ||
| Q4 24 | $-34.3M | $-1.3M | ||
| Q3 24 | $-11.7M | $-4.5M | ||
| Q2 24 | $-32.1M | $-1.6M | ||
| Q1 24 | $-16.7M | $-15.2M |
自由现金流率FIPNDLS
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | -2.3% | ||
| Q2 25 | -71.6% | 0.9% | ||
| Q1 25 | -157.7% | — | ||
| Q4 24 | -42.4% | -1.1% | ||
| Q3 24 | -14.0% | -3.5% | ||
| Q2 24 | -37.9% | -1.4% | ||
| Q1 24 | -20.3% | -12.2% |
资本支出强度FIPNDLS
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | 5.8% | ||
| Q2 25 | 67.3% | 2.4% | ||
| Q1 25 | 68.6% | — | ||
| Q4 24 | 32.5% | 5.8% | ||
| Q3 24 | 31.1% | 7.2% | ||
| Q2 24 | 17.2% | 7.1% | ||
| Q1 24 | 15.6% | 12.3% |
现金转化率FIPNDLS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
| 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% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
