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FTAI Infrastructure Inc.（FIP）与UNITED STATES LIME & MINERALS INC（USLM）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UNITED STATES LIME & MINERALS INC的1.6倍（$143.5M vs $87.9M），UNITED STATES LIME & MINERALS INC净利率更高（34.7% vs -68.1%，领先102.8%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 9.8%），UNITED STATES LIME & MINERALS INC自由现金流更多（$25.7M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 10.8%）
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。
美国石灰矿产公司是总部位于美国的自然资源企业，主营高钙石灰、白云石石灰、石灰石及相关矿产制品，客户覆盖基建、钢铁制造、农业土壤改良、环保排放治理、工业加工等领域，业务主要辐射北美市场。
FIP vs USLM — 直观对比
营收规模更大
FIP
是对方的1.6倍
$87.9M
营收增速更快
FIP
高出67.9%
9.8%
净利率更高
USLM
高出102.8%
-68.1%
自由现金流更多
USLM
多$94.3M
$-68.6M
两年增速更快
FIP
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $87.9M |
| 净利润 | $-97.7M | $30.5M |
| 毛利率 | — | 48.0% |
| 营业利润率 | -45.7% | 41.0% |
| 净利率 | -68.1% | 34.7% |
| 营收同比 | 77.7% | 9.8% |
| 净利润同比 | 21.6% | 13.2% |
| 每股收益（稀释后） | $-1.04 | $1.06 |
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FIPUSLM
| Q4 25 | $143.5M | $87.9M | ||
| Q3 25 | $140.6M | $102.0M | ||
| Q2 25 | $122.3M | $91.5M | ||
| Q1 25 | $96.2M | $91.3M | ||
| Q4 24 | $80.8M | $80.1M | ||
| Q3 24 | $83.3M | $89.4M | ||
| Q2 24 | $84.9M | $76.5M | ||
| Q1 24 | $82.5M | $71.7M |
净利润FIPUSLM
| Q4 25 | $-97.7M | $30.5M | ||
| Q3 25 | $-104.5M | $38.8M | ||
| Q2 25 | $-70.0M | $30.8M | ||
| Q1 25 | $120.2M | $34.1M | ||
| Q4 24 | $-124.7M | $27.0M | ||
| Q3 24 | $-43.0M | $33.4M | ||
| Q2 24 | $-48.1M | $26.1M | ||
| Q1 24 | $-50.3M | $22.4M |
毛利率FIPUSLM
| Q4 25 | — | 48.0% | ||
| Q3 25 | — | 51.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 50.6% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 48.2% | ||
| Q2 24 | — | 45.5% | ||
| Q1 24 | — | 42.7% |
营业利润率FIPUSLM
| Q4 25 | -45.7% | 41.0% | ||
| Q3 25 | -70.8% | 45.3% | ||
| Q2 25 | -56.4% | 39.0% | ||
| Q1 25 | 81.8% | 43.7% | ||
| Q4 24 | -152.7% | 38.8% | ||
| Q3 24 | -51.7% | 42.6% | ||
| Q2 24 | -56.4% | 39.1% | ||
| Q1 24 | -58.8% | 35.9% |
净利率FIPUSLM
| Q4 25 | -68.1% | 34.7% | ||
| Q3 25 | -74.4% | 38.0% | ||
| Q2 25 | -57.2% | 33.7% | ||
| Q1 25 | 125.0% | 37.4% | ||
| Q4 24 | -154.4% | 33.7% | ||
| Q3 24 | -51.6% | 37.3% | ||
| Q2 24 | -56.7% | 34.0% | ||
| Q1 24 | -60.9% | 31.3% |
每股收益（稀释后）FIPUSLM
| Q4 25 | $-1.04 | $1.06 | ||
| Q3 25 | $-1.38 | $1.35 | ||
| Q2 25 | $-0.73 | $1.07 | ||
| Q1 25 | $0.89 | $1.19 | ||
| Q4 24 | $-1.21 | $-2.20 | ||
| Q3 24 | $-0.45 | $1.16 | ||
| Q2 24 | $-0.52 | $0.91 | ||
| Q1 24 | $-0.54 | $3.92 |
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 | $371.1M |
| 总债务越低越好 | $3.8B | $0 |
| 股东权益账面价值 | $21.3M | $630.8M |
| 总资产 | $5.7B | $681.0M |
| 负债/权益比越低杠杆越低 | 176.99× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资FIPUSLM
| Q4 25 | $57.4M | $371.1M | ||
| Q3 25 | $34.7M | $349.5M | ||
| Q2 25 | $33.6M | $319.9M | ||
| Q1 25 | $26.3M | $300.6M | ||
| Q4 24 | $27.8M | $278.0M | ||
| Q3 24 | $20.3M | $255.0M | ||
| Q2 24 | $33.1M | $222.5M | ||
| Q1 24 | $23.0M | $207.0M |
总债务FIPUSLM
| Q4 25 | $3.8B | $0 | ||
| Q3 25 | $3.7B | $0 | ||
| Q2 25 | $3.1B | $0 | ||
| Q1 25 | $2.8B | $0 | ||
| Q4 24 | $1.6B | $0 | ||
| Q3 24 | $1.5B | $0 | ||
| Q2 24 | $1.6B | $0 | ||
| Q1 24 | $1.3B | $0 |
股东权益FIPUSLM
| Q4 25 | $21.3M | $630.8M | ||
| Q3 25 | $181.1M | $602.3M | ||
| Q2 25 | $375.5M | $563.3M | ||
| Q1 25 | $476.2M | $532.2M | ||
| Q4 24 | $202.7M | $497.7M | ||
| Q3 24 | $370.8M | $474.2M | ||
| Q2 24 | $394.8M | $441.1M | ||
| Q1 24 | $402.5M | $415.3M |
总资产FIPUSLM
| Q4 25 | $5.7B | $681.0M | ||
| Q3 25 | $5.5B | $652.8M | ||
| Q2 25 | $4.4B | $607.4M | ||
| Q1 25 | $4.1B | $585.3M | ||
| Q4 24 | $2.4B | $543.2M | ||
| Q3 24 | $2.4B | $521.8M | ||
| Q2 24 | $2.5B | $484.2M | ||
| Q1 24 | $2.3B | $464.0M |
负债/权益比FIPUSLM
| Q4 25 | 176.99× | 0.00× | ||
| Q3 25 | 20.59× | 0.00× | ||
| Q2 25 | 8.21× | 0.00× | ||
| Q1 25 | 5.79× | 0.00× | ||
| Q4 24 | 7.84× | 0.00× | ||
| Q3 24 | 4.14× | 0.00× | ||
| Q2 24 | 3.94× | 0.00× | ||
| Q1 24 | 3.34× | 0.00× |
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 | $45.6M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $25.7M |
| 自由现金流率自由现金流/营收 | -47.8% | 29.2% |
| 资本支出强度资本支出/营收 | 45.9% | 22.6% |
| 现金转化率经营现金流/净利润 | — | 1.49× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | $102.3M |
8季度趋势，按日历期对齐
经营现金流FIPUSLM
| Q4 25 | $-2.8M | $45.6M | ||
| Q3 25 | $-24.4M | $45.9M | ||
| Q2 25 | $-5.2M | $34.0M | ||
| Q1 25 | $-85.7M | $39.4M | ||
| Q4 24 | $-8.1M | $38.6M | ||
| Q3 24 | $14.2M | $39.0M | ||
| Q2 24 | $-17.6M | $21.2M | ||
| Q1 24 | $-3.9M | $27.2M |
自由现金流FIPUSLM
| Q4 25 | $-68.6M | $25.7M | ||
| Q3 25 | $-90.7M | $31.3M | ||
| Q2 25 | $-87.5M | $20.8M | ||
| Q1 25 | $-151.7M | $24.6M | ||
| Q4 24 | $-34.3M | $27.6M | ||
| Q3 24 | $-11.7M | $33.9M | ||
| Q2 24 | $-32.1M | $16.8M | ||
| Q1 24 | $-16.7M | $20.3M |
自由现金流率FIPUSLM
| Q4 25 | -47.8% | 29.2% | ||
| Q3 25 | -64.5% | 30.7% | ||
| Q2 25 | -71.6% | 22.7% | ||
| Q1 25 | -157.7% | 26.9% | ||
| Q4 24 | -42.4% | 34.4% | ||
| Q3 24 | -14.0% | 37.9% | ||
| Q2 24 | -37.9% | 21.9% | ||
| Q1 24 | -20.3% | 28.4% |
资本支出强度FIPUSLM
| Q4 25 | 45.9% | 22.6% | ||
| Q3 25 | 47.2% | 14.4% | ||
| Q2 25 | 67.3% | 14.5% | ||
| Q1 25 | 68.6% | 16.3% | ||
| Q4 24 | 32.5% | 13.8% | ||
| Q3 24 | 31.1% | 5.8% | ||
| Q2 24 | 17.2% | 5.7% | ||
| Q1 24 | 15.6% | 9.5% |
现金转化率FIPUSLM
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | -0.71× | 1.16× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.17× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 1.21× |
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% |
USLM
暂无分部数据
