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FTAI Infrastructure Inc.（FIP）与Prairie Operating Co.（PROP）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Prairie Operating Co.的1.8倍（$143.5M vs $77.7M），Prairie Operating Co.净利率更高（1.7% vs -68.1%，领先69.7%），过去两年Prairie Operating Co.的营收复合增速更高（9784.4% 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。
草原农场乳业是一家成立于伊利诺伊州卡林维尔的乳业合作社，现总部设于该州爱德华兹维尔。企业向奶源生产者收奶，将其加工为奶酪、黄油、冰淇淋、酸奶油、农家干酪、蘸酱、酸奶、液态奶等多种乳制品，同时也生产销售果汁、风味饮品与预制冰茶。
FIP vs PROP — 直观对比
营收规模更大
FIP
是对方的1.8倍
$77.7M
净利率更高
PROP
高出69.7%
-68.1%
两年增速更快
PROP
近两年复合增速
31.9%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $77.7M |
| 净利润 | $-97.7M | $1.3M |
| 毛利率 | — | — |
| 营业利润率 | -45.7% | 34.8% |
| 净利率 | -68.1% | 1.7% |
| 营收同比 | 77.7% | — |
| 净利润同比 | 21.6% | 111.3% |
| 每股收益（稀释后） | $-1.04 | $-0.44 |
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FIPPROP
| Q4 25 | $143.5M | — | ||
| Q3 25 | $140.6M | $77.7M | ||
| Q2 25 | $122.3M | $68.1M | ||
| Q1 25 | $96.2M | $13.6M | ||
| Q4 24 | $80.8M | — | ||
| Q3 24 | $83.3M | $0 | ||
| Q2 24 | $84.9M | — | ||
| Q1 24 | $82.5M | — |
净利润FIPPROP
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $1.3M | ||
| Q2 25 | $-70.0M | $35.7M | ||
| Q1 25 | $120.2M | $-2.6M | ||
| Q4 24 | $-124.7M | — | ||
| Q3 24 | $-43.0M | $-11.4M | ||
| Q2 24 | $-48.1M | — | ||
| Q1 24 | $-50.3M | — |
营业利润率FIPPROP
| Q4 25 | -45.7% | — | ||
| Q3 25 | -70.8% | 34.8% | ||
| Q2 25 | -56.4% | 27.8% | ||
| Q1 25 | 81.8% | 12.9% | ||
| Q4 24 | -152.7% | — | ||
| Q3 24 | -51.7% | — | ||
| Q2 24 | -56.4% | — | ||
| Q1 24 | -58.8% | — |
净利率FIPPROP
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | 1.7% | ||
| Q2 25 | -57.2% | 52.4% | ||
| Q1 25 | 125.0% | -19.3% | ||
| Q4 24 | -154.4% | — | ||
| Q3 24 | -51.6% | — | ||
| Q2 24 | -56.7% | — | ||
| Q1 24 | -60.9% | — |
每股收益（稀释后）FIPPROP
| Q4 25 | $-1.04 | — | ||
| Q3 25 | $-1.38 | $-0.44 | ||
| Q2 25 | $-0.73 | $0.18 | ||
| Q1 25 | $0.89 | $-3.49 | ||
| Q4 24 | $-1.21 | — | ||
| Q3 24 | $-0.45 | $-0.68 | ||
| Q2 24 | $-0.52 | — | ||
| Q1 24 | $-0.54 | — |
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 | $10.6M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $21.3M | $101.8M |
| 总资产 | $5.7B | $939.8M |
| 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FIPPROP
| Q4 25 | $57.4M | — | ||
| Q3 25 | $34.7M | $10.6M | ||
| Q2 25 | $33.6M | $10.7M | ||
| Q1 25 | $26.3M | $15.0M | ||
| Q4 24 | $27.8M | — | ||
| Q3 24 | $20.3M | $40.1M | ||
| Q2 24 | $33.1M | — | ||
| Q1 24 | $23.0M | — |
总债务FIPPROP
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | $387.0M | ||
| Q1 25 | $2.8B | $377.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.3B | — |
股东权益FIPPROP
| Q4 25 | $21.3M | — | ||
| Q3 25 | $181.1M | $101.8M | ||
| Q2 25 | $375.5M | $94.2M | ||
| Q1 25 | $476.2M | $34.0M | ||
| Q4 24 | $202.7M | — | ||
| Q3 24 | $370.8M | $61.3M | ||
| Q2 24 | $394.8M | — | ||
| Q1 24 | $402.5M | — |
总资产FIPPROP
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.5B | $939.8M | ||
| Q2 25 | $4.4B | $858.5M | ||
| Q1 25 | $4.1B | $775.4M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | $107.2M | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.3B | — |
负债/权益比FIPPROP
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | 4.11× | ||
| Q1 25 | 5.79× | 11.07× | ||
| 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 | $57.7M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | — |
| 自由现金流率自由现金流/营收 | -47.8% | — |
| 资本支出强度资本支出/营收 | 45.9% | — |
| 现金转化率经营现金流/净利润 | — | 44.80× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | — |
8季度趋势，按日历期对齐
经营现金流FIPPROP
| Q4 25 | $-2.8M | — | ||
| Q3 25 | $-24.4M | $57.7M | ||
| Q2 25 | $-5.2M | $-7.2M | ||
| Q1 25 | $-85.7M | $16.9M | ||
| Q4 24 | $-8.1M | — | ||
| Q3 24 | $14.2M | $2.8M | ||
| Q2 24 | $-17.6M | — | ||
| Q1 24 | $-3.9M | — |
自由现金流FIPPROP
| 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 | — | ||
| Q1 24 | $-16.7M | — |
自由现金流率FIPPROP
| 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% | — | ||
| Q1 24 | -20.3% | — |
资本支出强度FIPPROP
| 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% | — | ||
| Q1 24 | 15.6% | — |
现金转化率FIPPROP
| Q4 25 | — | — | ||
| Q3 25 | — | 44.80× | ||
| Q2 25 | — | -0.20× | ||
| 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% |
PROP
| Crude Oil Sales | $64.9M | 84% |
| Natural Gas Sales | $7.6M | 10% |
| Natural Gas Liquids Reserves | $5.2M | 7% |
