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FTAI Infrastructure Inc.（FIP）与Ranpak Holdings Corp.（PACK）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Ranpak Holdings Corp.的2.0倍（$188.4M vs $93.7M），FTAI Infrastructure Inc.同比增速更快（95.9% vs 2.3%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 13.7%）
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。
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
FIP vs PACK — 直观对比
营收规模更大
FIP
是对方的2.0倍
$93.7M
营收增速更快
FIP
高出93.6%
2.3%
两年增速更快
FIP
近两年复合增速
13.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $93.7M |
| 净利润 | $-150.2M | — |
| 毛利率 | — | 39.0% |
| 营业利润率 | — | -1.0% |
| 净利率 | -79.7% | — |
| 营收同比 | 95.9% | 2.3% |
| 净利润同比 | -387.6% | — |
| 每股收益（稀释后） | $-1.32 | $-0.11 |
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FIPPACK
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $93.7M | ||
| Q3 25 | $140.6M | $83.6M | ||
| Q2 25 | $122.3M | $77.8M | ||
| Q1 25 | $96.2M | $77.6M | ||
| Q4 24 | $80.8M | $91.6M | ||
| Q3 24 | $83.3M | $78.6M | ||
| Q2 24 | $84.9M | $72.8M |
净利润FIPPACK
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $-10.4M | ||
| Q2 25 | $-70.0M | $-7.5M | ||
| Q1 25 | $120.2M | $-10.9M | ||
| Q4 24 | $-124.7M | — | ||
| Q3 24 | $-43.0M | $-8.1M | ||
| Q2 24 | $-48.1M | $5.5M |
毛利率FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | — | 39.0% | ||
| Q3 25 | — | 41.1% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 45.2% | ||
| Q3 24 | — | 43.8% | ||
| Q2 24 | — | 43.5% |
营业利润率FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | -1.0% | ||
| Q3 25 | -70.8% | -6.8% | ||
| Q2 25 | -56.4% | -12.5% | ||
| Q1 25 | 81.8% | -10.3% | ||
| Q4 24 | -152.7% | 1.5% | ||
| Q3 24 | -51.7% | -5.3% | ||
| Q2 24 | -56.4% | -7.1% |
净利率FIPPACK
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | -12.4% | ||
| Q2 25 | -57.2% | -9.6% | ||
| Q1 25 | 125.0% | -14.0% | ||
| Q4 24 | -154.4% | — | ||
| Q3 24 | -51.6% | -10.3% | ||
| Q2 24 | -56.7% | 7.6% |
每股收益（稀释后）FIPPACK
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $-0.11 | ||
| Q3 25 | $-1.38 | $-0.12 | ||
| Q2 25 | $-0.73 | $-0.09 | ||
| Q1 25 | $0.89 | $-0.13 | ||
| Q4 24 | $-1.21 | $-0.13 | ||
| Q3 24 | $-0.45 | $-0.10 | ||
| Q2 24 | $-0.52 | $0.07 |
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 | $63.0M |
| 总债务越低越好 | — | $401.9M |
| 股东权益账面价值 | $-122.5K | $534.9M |
| 总资产 | $5.7B | $1.1B |
| 负债/权益比越低杠杆越低 | — | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资FIPPACK
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $63.0M | ||
| Q3 25 | $34.7M | $49.9M | ||
| Q2 25 | $33.6M | $49.2M | ||
| Q1 25 | $26.3M | $65.5M | ||
| Q4 24 | $27.8M | $76.1M | ||
| Q3 24 | $20.3M | $69.5M | ||
| Q2 24 | $33.1M | $65.1M |
总债务FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $401.9M | ||
| Q3 25 | $3.7B | $403.1M | ||
| Q2 25 | $3.1B | $403.1M | ||
| Q1 25 | $2.8B | $405.2M | ||
| Q4 24 | $1.6B | $406.4M | ||
| Q3 24 | $1.5B | $403.2M | ||
| Q2 24 | $1.6B | $396.1M |
股东权益FIPPACK
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $534.9M | ||
| Q3 25 | $181.1M | $537.8M | ||
| Q2 25 | $375.5M | $539.0M | ||
| Q1 25 | $476.2M | $544.1M | ||
| Q4 24 | $202.7M | $548.1M | ||
| Q3 24 | $370.8M | $564.3M | ||
| Q2 24 | $394.8M | $566.2M |
总资产FIPPACK
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $1.1B | ||
| Q3 25 | $5.5B | $1.1B | ||
| Q2 25 | $4.4B | $1.1B | ||
| Q1 25 | $4.1B | $1.1B | ||
| Q4 24 | $2.4B | $1.1B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.5B | $1.1B |
负债/权益比FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | 0.75× | ||
| Q3 25 | 20.59× | 0.75× | ||
| Q2 25 | 8.21× | 0.75× | ||
| Q1 25 | 5.79× | 0.74× | ||
| Q4 24 | 7.84× | 0.74× | ||
| Q3 24 | 4.14× | 0.71× | ||
| Q2 24 | 3.94× | 0.70× |
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 | $19.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流FIPPACK
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $19.5M | ||
| Q3 25 | $-24.4M | $8.5M | ||
| Q2 25 | $-5.2M | $-3.6M | ||
| Q1 25 | $-85.7M | $-1.3M | ||
| Q4 24 | $-8.1M | $6.5M | ||
| Q3 24 | $14.2M | $10.1M | ||
| Q2 24 | $-17.6M | $19.6M |
自由现金流FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | — | ||
| Q2 25 | $-87.5M | — | ||
| Q1 25 | $-151.7M | — | ||
| Q4 24 | $-34.3M | — | ||
| Q3 24 | $-11.7M | — | ||
| Q2 24 | $-32.1M | — |
自由现金流率FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | — | ||
| Q2 25 | -71.6% | — | ||
| Q1 25 | -157.7% | — | ||
| Q4 24 | -42.4% | — | ||
| Q3 24 | -14.0% | — | ||
| Q2 24 | -37.9% | — |
资本支出强度FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 67.3% | — | ||
| Q1 25 | 68.6% | — | ||
| Q4 24 | 32.5% | — | ||
| Q3 24 | 31.1% | — | ||
| Q2 24 | 17.2% | — |
现金转化率FIPPACK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.56× |
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
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
