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FTAI Infrastructure Inc.（FIP）与UNITIL CORP（UTL）财务数据对比。点击上方公司名可切换其他公司
UNITIL CORP的季度营收约是FTAI Infrastructure Inc.的1.1倍（$161.5M vs $143.5M），UNITIL CORP净利率更高（11.8% vs -68.1%，领先79.9%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 26.7%），UNITIL CORP自由现金流更多（$-36.3M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs -4.9%）
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。
Unitil是一家跨州电力与天然气公用事业公司，业务覆盖美国新罕布什尔州、马萨诸塞州与缅因州。公司最早前身是1849年在缅因州成立的波特兰煤气灯公司，现企业主体于1984年设立，总部位于新罕布什尔州。目前公司总市值约6.8651亿美元，为约10.24万电力客户、超7.59万天然气客户提供服务。
FIP vs UTL — 直观对比
营收规模更大
UTL
是对方的1.1倍
$143.5M
营收增速更快
FIP
高出51.0%
26.7%
净利率更高
UTL
高出79.9%
-68.1%
自由现金流更多
UTL
多$32.3M
$-68.6M
两年增速更快
FIP
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $161.5M |
| 净利润 | $-97.7M | $19.0M |
| 毛利率 | — | — |
| 营业利润率 | -45.7% | 21.5% |
| 净利率 | -68.1% | 11.8% |
| 营收同比 | 77.7% | 26.7% |
| 净利润同比 | 21.6% | 21.8% |
| 每股收益（稀释后） | $-1.04 | $1.05 |
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FIPUTL
| Q4 25 | $143.5M | $161.5M | ||
| Q3 25 | $140.6M | $101.1M | ||
| Q2 25 | $122.3M | $102.6M | ||
| Q1 25 | $96.2M | $170.8M | ||
| Q4 24 | $80.8M | $127.5M | ||
| Q3 24 | $83.3M | $92.9M | ||
| Q2 24 | $84.9M | $95.7M | ||
| Q1 24 | $82.5M | $178.7M |
净利润FIPUTL
| Q4 25 | $-97.7M | $19.0M | ||
| Q3 25 | $-104.5M | $-300.0K | ||
| Q2 25 | $-70.0M | $4.0M | ||
| Q1 25 | $120.2M | $27.5M | ||
| Q4 24 | $-124.7M | $15.6M | ||
| Q3 24 | $-43.0M | $0 | ||
| Q2 24 | $-48.1M | $4.3M | ||
| Q1 24 | $-50.3M | $27.2M |
营业利润率FIPUTL
| Q4 25 | -45.7% | 21.5% | ||
| Q3 25 | -70.8% | 6.9% | ||
| Q2 25 | -56.4% | 13.0% | ||
| Q1 25 | 81.8% | 27.0% | ||
| Q4 24 | -152.7% | 22.1% | ||
| Q3 24 | -51.7% | 6.2% | ||
| Q2 24 | -56.4% | 13.0% | ||
| Q1 24 | -58.8% | 24.7% |
净利率FIPUTL
| Q4 25 | -68.1% | 11.8% | ||
| Q3 25 | -74.4% | -0.3% | ||
| Q2 25 | -57.2% | 3.9% | ||
| Q1 25 | 125.0% | 16.1% | ||
| Q4 24 | -154.4% | 12.2% | ||
| Q3 24 | -51.6% | — | ||
| Q2 24 | -56.7% | 4.5% | ||
| Q1 24 | -60.9% | 15.2% |
每股收益（稀释后）FIPUTL
| Q4 25 | $-1.04 | $1.05 | ||
| Q3 25 | $-1.38 | $-0.02 | ||
| Q2 25 | $-0.73 | $0.25 | ||
| Q1 25 | $0.89 | $1.69 | ||
| Q4 24 | $-1.21 | $0.97 | ||
| Q3 24 | $-0.45 | $0.00 | ||
| Q2 24 | $-0.52 | $0.27 | ||
| Q1 24 | $-0.54 | $1.69 |
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 | $15.6M |
| 总债务越低越好 | $3.8B | $670.5M |
| 股东权益账面价值 | $21.3M | $609.6M |
| 总资产 | $5.7B | $2.1B |
| 负债/权益比越低杠杆越低 | 176.99× | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资FIPUTL
| Q4 25 | $57.4M | $15.6M | ||
| Q3 25 | $34.7M | $14.6M | ||
| Q2 25 | $33.6M | $8.5M | ||
| Q1 25 | $26.3M | $10.2M | ||
| Q4 24 | $27.8M | $6.3M | ||
| Q3 24 | $20.3M | $6.3M | ||
| Q2 24 | $33.1M | $2.8M | ||
| Q1 24 | $23.0M | $6.3M |
总债务FIPUTL
| Q4 25 | $3.8B | $670.5M | ||
| Q3 25 | $3.7B | $670.5M | ||
| Q2 25 | $3.1B | $640.7M | ||
| Q1 25 | $2.8B | $642.1M | ||
| Q4 24 | $1.6B | $643.3M | ||
| Q3 24 | $1.5B | $643.3M | ||
| Q2 24 | $1.6B | $511.3M | ||
| Q1 24 | $1.3B | $512.8M |
股东权益FIPUTL
| Q4 25 | $21.3M | $609.6M | ||
| Q3 25 | $181.1M | $597.2M | ||
| Q2 25 | $375.5M | $532.8M | ||
| Q1 25 | $476.2M | $534.1M | ||
| Q4 24 | $202.7M | $512.5M | ||
| Q3 24 | $370.8M | $502.4M | ||
| Q2 24 | $394.8M | $508.8M | ||
| Q1 24 | $402.5M | $510.8M |
总资产FIPUTL
| Q4 25 | $5.7B | $2.1B | ||
| Q3 25 | $5.5B | $1.9B | ||
| Q2 25 | $4.4B | $1.9B | ||
| Q1 25 | $4.1B | $1.9B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.4B | $1.7B | ||
| Q2 24 | $2.5B | $1.7B | ||
| Q1 24 | $2.3B | $1.7B |
负债/权益比FIPUTL
| Q4 25 | 176.99× | 1.10× | ||
| Q3 25 | 20.59× | 1.12× | ||
| Q2 25 | 8.21× | 1.20× | ||
| Q1 25 | 5.79× | 1.20× | ||
| Q4 24 | 7.84× | 1.26× | ||
| Q3 24 | 4.14× | 1.28× | ||
| Q2 24 | 3.94× | 1.00× | ||
| Q1 24 | 3.34× | 1.00× |
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 | $21.4M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $-36.3M |
| 自由现金流率自由现金流/营收 | -47.8% | -22.5% |
| 资本支出强度资本支出/营收 | 45.9% | 35.7% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | $-53.8M |
8季度趋势，按日历期对齐
经营现金流FIPUTL
| Q4 25 | $-2.8M | $21.4M | ||
| Q3 25 | $-24.4M | $15.6M | ||
| Q2 25 | $-5.2M | $42.2M | ||
| Q1 25 | $-85.7M | $52.1M | ||
| Q4 24 | $-8.1M | $23.3M | ||
| Q3 24 | $14.2M | $26.1M | ||
| Q2 24 | $-17.6M | $49.9M | ||
| Q1 24 | $-3.9M | $26.6M |
自由现金流FIPUTL
| Q4 25 | $-68.6M | $-36.3M | ||
| Q3 25 | $-90.7M | $-39.0M | ||
| Q2 25 | $-87.5M | $2.0M | ||
| Q1 25 | $-151.7M | $19.5M | ||
| Q4 24 | $-34.3M | $-32.3M | ||
| Q3 24 | $-11.7M | $-31.3M | ||
| Q2 24 | $-32.1M | $13.2M | ||
| Q1 24 | $-16.7M | $6.4M |
自由现金流率FIPUTL
| Q4 25 | -47.8% | -22.5% | ||
| Q3 25 | -64.5% | -38.6% | ||
| Q2 25 | -71.6% | 1.9% | ||
| Q1 25 | -157.7% | 11.4% | ||
| Q4 24 | -42.4% | -25.3% | ||
| Q3 24 | -14.0% | -33.7% | ||
| Q2 24 | -37.9% | 13.8% | ||
| Q1 24 | -20.3% | 3.6% |
资本支出强度FIPUTL
| Q4 25 | 45.9% | 35.7% | ||
| Q3 25 | 47.2% | 54.0% | ||
| Q2 25 | 67.3% | 39.2% | ||
| Q1 25 | 68.6% | 19.1% | ||
| Q4 24 | 32.5% | 43.6% | ||
| Q3 24 | 31.1% | 61.8% | ||
| Q2 24 | 17.2% | 38.3% | ||
| Q1 24 | 15.6% | 11.3% |
现金转化率FIPUTL
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.55× | ||
| Q1 25 | -0.71× | 1.89× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 11.60× | ||
| Q1 24 | — | 0.98× |
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% |
UTL
暂无分部数据
