vs
FTAI Infrastructure Inc.（FIP）与SAFETY INSURANCE GROUP INC（SAFT）财务数据对比。点击上方公司名可切换其他公司
SAFETY INSURANCE GROUP INC的季度营收约是FTAI Infrastructure Inc.的1.7倍（$319.3M vs $188.4M），SAFETY INSURANCE GROUP INC净利率更高（6.3% vs -79.7%，领先86.0%），FTAI Infrastructure Inc.同比增速更快（95.9% vs 11.4%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 9.1%）
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。
全美互助保险集团及其关联公司，常简称为Nationwide，是一家总部位于美国俄亥俄州哥伦布市的大型保险金融服务集团，在亚利桑那州斯科茨代尔、爱荷华州得梅因都设有区域总部。目前集团拥有约2.4万名员工，位列2025年财富美国500强榜单第72名。
FIP vs SAFT — 直观对比
营收规模更大
SAFT
是对方的1.7倍
$188.4M
营收增速更快
FIP
高出84.5%
11.4%
净利率更高
SAFT
高出86.0%
-79.7%
两年增速更快
FIP
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $319.3M |
| 净利润 | $-150.2M | $20.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.0% |
| 净利率 | -79.7% | 6.3% |
| 营收同比 | 95.9% | 11.4% |
| 净利润同比 | -387.6% | 147.3% |
| 每股收益（稀释后） | $-1.32 | $1.36 |
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FIPSAFT
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $319.3M | ||
| Q3 25 | $140.6M | $326.6M | ||
| Q2 25 | $122.3M | $316.3M | ||
| Q1 25 | $96.2M | $301.4M | ||
| Q4 24 | $80.8M | $286.7M | ||
| Q3 24 | $83.3M | $295.3M | ||
| Q2 24 | $84.9M | $269.8M |
净利润FIPSAFT
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | $20.1M | ||
| Q3 25 | $-104.5M | $28.3M | ||
| Q2 25 | $-70.0M | $28.9M | ||
| Q1 25 | $120.2M | $21.9M | ||
| Q4 24 | $-124.7M | $8.1M | ||
| Q3 24 | $-43.0M | $25.9M | ||
| Q2 24 | $-48.1M | $16.6M |
营业利润率FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | 8.0% | ||
| Q3 25 | -70.8% | 11.1% | ||
| Q2 25 | -56.4% | 11.6% | ||
| Q1 25 | 81.8% | 9.4% | ||
| Q4 24 | -152.7% | 3.5% | ||
| Q3 24 | -51.7% | 11.1% | ||
| Q2 24 | -56.4% | 7.9% |
净利率FIPSAFT
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | 6.3% | ||
| Q3 25 | -74.4% | 8.7% | ||
| Q2 25 | -57.2% | 9.1% | ||
| Q1 25 | 125.0% | 7.3% | ||
| Q4 24 | -154.4% | 2.8% | ||
| Q3 24 | -51.6% | 8.8% | ||
| Q2 24 | -56.7% | 6.2% |
每股收益（稀释后）FIPSAFT
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $1.36 | ||
| Q3 25 | $-1.38 | $1.91 | ||
| Q2 25 | $-0.73 | $1.95 | ||
| Q1 25 | $0.89 | $1.48 | ||
| Q4 24 | $-1.21 | $0.56 | ||
| Q3 24 | $-0.45 | $1.73 | ||
| Q2 24 | $-0.52 | $1.13 |
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 | $73.9M |
| 总债务越低越好 | — | $50.0M |
| 股东权益账面价值 | $-122.5K | $892.3M |
| 总资产 | $5.7B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资FIPSAFT
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $73.9M | ||
| Q3 25 | $34.7M | $56.2M | ||
| Q2 25 | $33.6M | $49.4M | ||
| Q1 25 | $26.3M | $64.7M | ||
| Q4 24 | $27.8M | $59.0M | ||
| Q3 24 | $20.3M | $82.3M | ||
| Q2 24 | $33.1M | $44.6M |
总债务FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $50.0M | ||
| Q3 25 | $3.7B | $30.0M | ||
| Q2 25 | $3.1B | $30.0M | ||
| Q1 25 | $2.8B | $30.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — |
股东权益FIPSAFT
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $892.3M | ||
| Q3 25 | $181.1M | $899.6M | ||
| Q2 25 | $375.5M | $873.3M | ||
| Q1 25 | $476.2M | $850.7M | ||
| Q4 24 | $202.7M | $828.5M | ||
| Q3 24 | $370.8M | $851.4M | ||
| Q2 24 | $394.8M | $810.2M |
总资产FIPSAFT
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $2.5B | ||
| Q3 25 | $5.5B | $2.4B | ||
| Q2 25 | $4.4B | $2.4B | ||
| Q1 25 | $4.1B | $2.3B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.4B | $2.3B | ||
| Q2 24 | $2.5B | $2.2B |
负债/权益比FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | 0.06× | ||
| Q3 25 | 20.59× | 0.03× | ||
| Q2 25 | 8.21× | 0.03× | ||
| Q1 25 | 5.79× | 0.04× | ||
| 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 | $194.5M |
| 自由现金流经营现金流 - 资本支出 | — | $192.0M |
| 自由现金流率自由现金流/营收 | — | 60.1% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 9.67× |
| 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FIPSAFT
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $194.5M | ||
| Q3 25 | $-24.4M | $85.5M | ||
| Q2 25 | $-5.2M | $32.3M | ||
| Q1 25 | $-85.7M | $3.2M | ||
| Q4 24 | $-8.1M | $128.7M | ||
| Q3 24 | $14.2M | $73.8M | ||
| Q2 24 | $-17.6M | $25.6M |
自由现金流FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $192.0M | ||
| Q3 25 | $-90.7M | — | ||
| Q2 25 | $-87.5M | $32.3M | ||
| Q1 25 | $-151.7M | $2.8M | ||
| Q4 24 | $-34.3M | $124.3M | ||
| Q3 24 | $-11.7M | $73.2M | ||
| Q2 24 | $-32.1M | $25.0M |
自由现金流率FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | 60.1% | ||
| Q3 25 | -64.5% | — | ||
| Q2 25 | -71.6% | 10.2% | ||
| Q1 25 | -157.7% | 0.9% | ||
| Q4 24 | -42.4% | 43.4% | ||
| Q3 24 | -14.0% | 24.8% | ||
| Q2 24 | -37.9% | 9.3% |
资本支出强度FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 0.8% | ||
| Q3 25 | 47.2% | 0.0% | ||
| Q2 25 | 67.3% | 0.0% | ||
| Q1 25 | 68.6% | 0.1% | ||
| Q4 24 | 32.5% | 1.5% | ||
| Q3 24 | 31.1% | 0.2% | ||
| Q2 24 | 17.2% | 0.2% |
现金转化率FIPSAFT
| Q1 26 | — | — | ||
| Q4 25 | — | 9.67× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | -0.71× | 0.14× | ||
| Q4 24 | — | 15.83× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 1.54× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
