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FTAI Infrastructure Inc.（FIP）与OPAL Fuels Inc.（OPAL）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OPAL Fuels Inc.的2.1倍（$188.4M vs $88.4M），OPAL Fuels Inc.净利率更高（18.3% vs -79.7%，领先98.0%），FTAI Infrastructure Inc.同比增速更快（95.9% vs 18.7%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 17.6%）
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。
OPAL Fuels Inc.是一家北美能源企业，专注于生产和分销低碳可再生天然气（RNG）。公司从垃圾填埋场、奶牛场等有机废物流中收集甲烷，产出的可再生天然气主要供应给重型运输车队、商业物流运营商及公共交通实体，助力降低碳排放。
FIP vs OPAL — 直观对比
营收规模更大
FIP
是对方的2.1倍
$88.4M
营收增速更快
FIP
高出77.1%
18.7%
净利率更高
OPAL
高出98.0%
-79.7%
两年增速更快
FIP
近两年复合增速
17.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $88.4M |
| 净利润 | $-150.2M | $16.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 7.5% |
| 净利率 | -79.7% | 18.3% |
| 营收同比 | 95.9% | 18.7% |
| 净利润同比 | -387.6% | 401.5% |
| 每股收益（稀释后） | $-1.32 | $0.08 |
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FIPOPAL
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $88.4M | ||
| Q3 25 | $140.6M | $77.9M | ||
| Q2 25 | $122.3M | $77.4M | ||
| Q1 25 | $96.2M | $83.0M | ||
| Q4 24 | $80.8M | $74.5M | ||
| Q3 24 | $83.3M | $82.6M | ||
| Q2 24 | $84.9M | $69.8M |
净利润FIPOPAL
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | $16.2M | ||
| Q3 25 | $-104.5M | $11.4M | ||
| Q2 25 | $-70.0M | $7.6M | ||
| Q1 25 | $120.2M | $1.3M | ||
| Q4 24 | $-124.7M | $-5.4M | ||
| Q3 24 | $-43.0M | $17.1M | ||
| Q2 24 | $-48.1M | $1.9M |
营业利润率FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | 7.5% | ||
| Q3 25 | -70.8% | 4.6% | ||
| Q2 25 | -56.4% | -1.1% | ||
| Q1 25 | 81.8% | -2.3% | ||
| Q4 24 | -152.7% | -0.5% | ||
| Q3 24 | -51.7% | 14.9% | ||
| Q2 24 | -56.4% | 8.1% |
净利率FIPOPAL
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | 18.3% | ||
| Q3 25 | -74.4% | 14.6% | ||
| Q2 25 | -57.2% | 9.8% | ||
| Q1 25 | 125.0% | 1.5% | ||
| Q4 24 | -154.4% | -7.2% | ||
| Q3 24 | -51.6% | 20.7% | ||
| Q2 24 | -56.7% | 2.7% |
每股收益（稀释后）FIPOPAL
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $0.08 | ||
| Q3 25 | $-1.38 | $0.05 | ||
| Q2 25 | $-0.73 | $0.03 | ||
| Q1 25 | $0.89 | $-0.01 | ||
| Q4 24 | $-1.21 | $-0.05 | ||
| Q3 24 | $-0.45 | $0.09 | ||
| Q2 24 | $-0.52 | $-0.01 |
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 | $24.4M |
| 总债务越低越好 | — | $361.3M |
| 股东权益账面价值 | $-122.5K | $-12.9M |
| 总资产 | $5.7B | $959.5M |
| 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FIPOPAL
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $24.4M | ||
| Q3 25 | $34.7M | $29.9M | ||
| Q2 25 | $33.6M | $29.3M | ||
| Q1 25 | $26.3M | $40.1M | ||
| Q4 24 | $27.8M | $24.3M | ||
| Q3 24 | $20.3M | $31.0M | ||
| Q2 24 | $33.1M | $27.6M |
总债务FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $361.3M | ||
| Q3 25 | $3.7B | $351.2M | ||
| Q2 25 | $3.1B | $331.6M | ||
| Q1 25 | $2.8B | $307.0M | ||
| Q4 24 | $1.6B | $307.5M | ||
| Q3 24 | $1.5B | $252.9M | ||
| Q2 24 | $1.6B | $233.3M |
股东权益FIPOPAL
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $-12.9M | ||
| Q3 25 | $181.1M | $7.5M | ||
| Q2 25 | $375.5M | $-25.0M | ||
| Q1 25 | $476.2M | $57.1M | ||
| Q4 24 | $202.7M | $-148.4M | ||
| Q3 24 | $370.8M | $-180.1M | ||
| Q2 24 | $394.8M | $-273.0M |
总资产FIPOPAL
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $959.5M | ||
| Q3 25 | $5.5B | $916.7M | ||
| Q2 25 | $4.4B | $905.5M | ||
| Q1 25 | $4.1B | $884.9M | ||
| Q4 24 | $2.4B | $881.1M | ||
| Q3 24 | $2.4B | $831.1M | ||
| Q2 24 | $2.5B | $782.3M |
负债/权益比FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | 46.95× | ||
| Q2 25 | 8.21× | — | ||
| Q1 25 | 5.79× | 5.38× | ||
| 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 | $-3.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.4M |
| 自由现金流率自由现金流/营收 | — | -15.1% |
| 资本支出强度资本支出/营收 | — | 11.1% |
| 现金转化率经营现金流/净利润 | — | -0.22× |
| 过去12个月自由现金流最近4个季度 | — | $-34.2M |
8季度趋势，按日历期对齐
经营现金流FIPOPAL
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $-3.5M | ||
| Q3 25 | $-24.4M | $18.2M | ||
| Q2 25 | $-5.2M | $-7.9M | ||
| Q1 25 | $-85.7M | $29.7M | ||
| Q4 24 | $-8.1M | $-532.0K | ||
| Q3 24 | $14.2M | $17.7M | ||
| Q2 24 | $-17.6M | $533.0K |
自由现金流FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $-13.4M | ||
| Q3 25 | $-90.7M | $-9.3M | ||
| Q2 25 | $-87.5M | $-29.7M | ||
| Q1 25 | $-151.7M | $18.1M | ||
| Q4 24 | $-34.3M | $-55.0M | ||
| Q3 24 | $-11.7M | $-5.4M | ||
| Q2 24 | $-32.1M | $-22.5M |
自由现金流率FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | -15.1% | ||
| Q3 25 | -64.5% | -11.9% | ||
| Q2 25 | -71.6% | -38.4% | ||
| Q1 25 | -157.7% | 21.8% | ||
| Q4 24 | -42.4% | -73.8% | ||
| Q3 24 | -14.0% | -6.5% | ||
| Q2 24 | -37.9% | -32.2% |
资本支出强度FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 11.1% | ||
| Q3 25 | 47.2% | 35.3% | ||
| Q2 25 | 67.3% | 28.2% | ||
| Q1 25 | 68.6% | 13.9% | ||
| Q4 24 | 32.5% | 73.1% | ||
| Q3 24 | 31.1% | 27.9% | ||
| Q2 24 | 17.2% | 32.9% |
现金转化率FIPOPAL
| Q1 26 | — | — | ||
| Q4 25 | — | -0.22× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | -1.04× | ||
| Q1 25 | -0.71× | 23.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 0.28× |
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
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
