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FTAI Infrastructure Inc.（FIP）与Palomar Holdings, Inc.（PLMR）财务数据对比。点击上方公司名可切换其他公司
Palomar Holdings, Inc.的季度营收约是FTAI Infrastructure Inc.的1.8倍（$253.4M vs $143.5M），FTAI Infrastructure Inc.同比增速更快（77.7% vs 62.7%），Palomar Holdings, Inc.自由现金流更多（$409.0M vs $-68.6M），过去两年Palomar Holdings, Inc.的营收复合增速更高（46.2% vs 31.9%）
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。
Palomar Holdings, Inc.是一家专业保险控股企业，主要为存在巨灾风险敞口的住宅及商业资产提供财产保险产品，业务范围覆盖美国全境，核心业务板块包含地震、洪水、风暴等高危财产保障服务。
FIP vs PLMR — 直观对比
营收规模更大
PLMR
是对方的1.8倍
$143.5M
营收增速更快
FIP
高出15.0%
62.7%
自由现金流更多
PLMR
多$477.6M
$-68.6M
两年增速更快
PLMR
近两年复合增速
31.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $253.4M |
| 净利润 | $-97.7M | — |
| 毛利率 | — | — |
| 营业利润率 | -45.7% | 28.7% |
| 净利率 | -68.1% | — |
| 营收同比 | 77.7% | 62.7% |
| 净利润同比 | 21.6% | — |
| 每股收益（稀释后） | $-1.04 | $2.05 |
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FIPPLMR
| Q4 25 | $143.5M | $253.4M | ||
| Q3 25 | $140.6M | $244.7M | ||
| Q2 25 | $122.3M | $203.3M | ||
| Q1 25 | $96.2M | $174.6M | ||
| Q4 24 | $80.8M | $155.8M | ||
| Q3 24 | $83.3M | $148.5M | ||
| Q2 24 | $84.9M | $131.1M | ||
| Q1 24 | $82.5M | $118.5M |
净利润FIPPLMR
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $51.5M | ||
| Q2 25 | $-70.0M | $46.5M | ||
| Q1 25 | $120.2M | $42.9M | ||
| Q4 24 | $-124.7M | — | ||
| Q3 24 | $-43.0M | $30.5M | ||
| Q2 24 | $-48.1M | $25.7M | ||
| Q1 24 | $-50.3M | $26.4M |
营业利润率FIPPLMR
| Q4 25 | -45.7% | 28.7% | ||
| Q3 25 | -70.8% | 27.4% | ||
| Q2 25 | -56.4% | 29.5% | ||
| Q1 25 | 81.8% | 30.8% | ||
| Q4 24 | -152.7% | 28.9% | ||
| Q3 24 | -51.7% | 25.9% | ||
| Q2 24 | -56.4% | 25.5% | ||
| Q1 24 | -58.8% | 29.0% |
净利率FIPPLMR
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | 21.0% | ||
| Q2 25 | -57.2% | 22.9% | ||
| Q1 25 | 125.0% | 24.6% | ||
| Q4 24 | -154.4% | — | ||
| Q3 24 | -51.6% | 20.5% | ||
| Q2 24 | -56.7% | 19.6% | ||
| Q1 24 | -60.9% | 22.3% |
每股收益（稀释后）FIPPLMR
| Q4 25 | $-1.04 | $2.05 | ||
| Q3 25 | $-1.38 | $1.87 | ||
| Q2 25 | $-0.73 | $1.68 | ||
| Q1 25 | $0.89 | $1.57 | ||
| Q4 24 | $-1.21 | $1.29 | ||
| Q3 24 | $-0.45 | $1.15 | ||
| Q2 24 | $-0.52 | $1.00 | ||
| Q1 24 | $-0.54 | $1.04 |
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 | $106.9M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $21.3M | $942.7M |
| 总资产 | $5.7B | $3.1B |
| 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FIPPLMR
| Q4 25 | $57.4M | $106.9M | ||
| Q3 25 | $34.7M | $111.7M | ||
| Q2 25 | $33.6M | $81.3M | ||
| Q1 25 | $26.3M | $119.3M | ||
| Q4 24 | $27.8M | $80.4M | ||
| Q3 24 | $20.3M | $86.5M | ||
| Q2 24 | $33.1M | $47.8M | ||
| Q1 24 | $23.0M | $61.4M |
总债务FIPPLMR
| 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FIPPLMR
| Q4 25 | $21.3M | $942.7M | ||
| Q3 25 | $181.1M | $878.1M | ||
| Q2 25 | $375.5M | $847.2M | ||
| Q1 25 | $476.2M | $790.4M | ||
| Q4 24 | $202.7M | $729.0M | ||
| Q3 24 | $370.8M | $703.3M | ||
| Q2 24 | $394.8M | $532.6M | ||
| Q1 24 | $402.5M | $501.7M |
总资产FIPPLMR
| Q4 25 | $5.7B | $3.1B | ||
| Q3 25 | $5.5B | $2.9B | ||
| Q2 25 | $4.4B | $2.8B | ||
| Q1 25 | $4.1B | $2.4B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.4B | $2.3B | ||
| Q2 24 | $2.5B | $2.0B | ||
| Q1 24 | $2.3B | $1.9B |
负债/权益比FIPPLMR
| 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 | $409.1M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $409.0M |
| 自由现金流率自由现金流/营收 | -47.8% | 161.4% |
| 资本支出强度资本支出/营收 | 45.9% | 0.1% |
| 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 | $700.6M |
8季度趋势，按日历期对齐
经营现金流FIPPLMR
| Q4 25 | $-2.8M | $409.1M | ||
| Q3 25 | $-24.4M | $83.6M | ||
| Q2 25 | $-5.2M | $120.9M | ||
| Q1 25 | $-85.7M | $87.2M | ||
| Q4 24 | $-8.1M | $261.2M | ||
| Q3 24 | $14.2M | $100.3M | ||
| Q2 24 | $-17.6M | $55.1M | ||
| Q1 24 | $-3.9M | $33.1M |
自由现金流FIPPLMR
| Q4 25 | $-68.6M | $409.0M | ||
| Q3 25 | $-90.7M | $83.6M | ||
| Q2 25 | $-87.5M | $120.8M | ||
| Q1 25 | $-151.7M | $87.1M | ||
| Q4 24 | $-34.3M | $260.9M | ||
| Q3 24 | $-11.7M | $100.1M | ||
| Q2 24 | $-32.1M | — | ||
| Q1 24 | $-16.7M | — |
自由现金流率FIPPLMR
| Q4 25 | -47.8% | 161.4% | ||
| Q3 25 | -64.5% | 34.2% | ||
| Q2 25 | -71.6% | 59.4% | ||
| Q1 25 | -157.7% | 49.9% | ||
| Q4 24 | -42.4% | 167.5% | ||
| Q3 24 | -14.0% | 67.4% | ||
| Q2 24 | -37.9% | — | ||
| Q1 24 | -20.3% | — |
资本支出强度FIPPLMR
| Q4 25 | 45.9% | 0.1% | ||
| Q3 25 | 47.2% | 0.0% | ||
| Q2 25 | 67.3% | 0.0% | ||
| Q1 25 | 68.6% | 0.0% | ||
| Q4 24 | 32.5% | 0.2% | ||
| Q3 24 | 31.1% | 0.1% | ||
| Q2 24 | 17.2% | 0.0% | ||
| Q1 24 | 15.6% | 0.0% |
现金转化率FIPPLMR
| Q4 25 | — | — | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | — | 2.60× | ||
| Q1 25 | -0.71× | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 2.14× | ||
| Q1 24 | — | 1.26× |
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% |
PLMR
暂无分部数据
