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FTAI Infrastructure Inc.（FIP）与ZIPRECRUITER, INC.（ZIP）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ZIPRECRUITER, INC.的1.3倍（$143.5M vs $111.7M），ZIPRECRUITER, INC.净利率更高（-0.7% vs -68.1%，领先67.3%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 0.6%），ZIPRECRUITER, INC.自由现金流更多（$7.6M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs -4.4%）
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。
ZipRecruiter, Inc.是一家美国线上招聘平台企业，主打面向求职者与招聘方的求职招聘匹配服务，为双方提供高效对接的人才服务市场，帮助求职者快速找到适配岗位，也助力企业高效完成招聘需求。
FIP vs ZIP — 直观对比
营收规模更大
FIP
是对方的1.3倍
$111.7M
营收增速更快
FIP
高出77.1%
0.6%
净利率更高
ZIP
高出67.3%
-68.1%
自由现金流更多
ZIP
多$76.2M
$-68.6M
两年增速更快
FIP
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $111.7M |
| 净利润 | $-97.7M | $-835.0K |
| 毛利率 | — | 89.1% |
| 营业利润率 | -45.7% | 3.6% |
| 净利率 | -68.1% | -0.7% |
| 营收同比 | 77.7% | 0.6% |
| 净利润同比 | 21.6% | 92.3% |
| 每股收益（稀释后） | $-1.04 | $-0.03 |
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FIPZIP
| Q4 25 | $143.5M | $111.7M | ||
| Q3 25 | $140.6M | $115.0M | ||
| Q2 25 | $122.3M | $112.2M | ||
| Q1 25 | $96.2M | $110.1M | ||
| Q4 24 | $80.8M | $111.0M | ||
| Q3 24 | $83.3M | $117.1M | ||
| Q2 24 | $84.9M | $123.7M | ||
| Q1 24 | $82.5M | $122.2M |
净利润FIPZIP
| Q4 25 | $-97.7M | $-835.0K | ||
| Q3 25 | $-104.5M | $-9.8M | ||
| Q2 25 | $-70.0M | $-9.5M | ||
| Q1 25 | $120.2M | $-12.8M | ||
| Q4 24 | $-124.7M | $-10.8M | ||
| Q3 24 | $-43.0M | $-2.6M | ||
| Q2 24 | $-48.1M | $7.0M | ||
| Q1 24 | $-50.3M | $-6.5M |
毛利率FIPZIP
| Q4 25 | — | 89.1% | ||
| Q3 25 | — | 89.1% | ||
| Q2 25 | — | 89.3% | ||
| Q1 25 | — | 89.4% | ||
| Q4 24 | — | 89.6% | ||
| Q3 24 | — | 89.4% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 89.1% |
营业利润率FIPZIP
| Q4 25 | -45.7% | 3.6% | ||
| Q3 25 | -70.8% | -4.4% | ||
| Q2 25 | -56.4% | -5.9% | ||
| Q1 25 | 81.8% | -10.6% | ||
| Q4 24 | -152.7% | -3.6% | ||
| Q3 24 | -51.7% | -2.8% | ||
| Q2 24 | -56.4% | 7.6% | ||
| Q1 24 | -58.8% | -0.7% |
净利率FIPZIP
| Q4 25 | -68.1% | -0.7% | ||
| Q3 25 | -74.4% | -8.5% | ||
| Q2 25 | -57.2% | -8.5% | ||
| Q1 25 | 125.0% | -11.7% | ||
| Q4 24 | -154.4% | -9.7% | ||
| Q3 24 | -51.6% | -2.2% | ||
| Q2 24 | -56.7% | 5.7% | ||
| Q1 24 | -60.9% | -5.3% |
每股收益（稀释后）FIPZIP
| Q4 25 | $-1.04 | $-0.03 | ||
| Q3 25 | $-1.38 | $-0.11 | ||
| Q2 25 | $-0.73 | $-0.10 | ||
| Q1 25 | $0.89 | $-0.13 | ||
| Q4 24 | $-1.21 | $-0.10 | ||
| Q3 24 | $-0.45 | $-0.03 | ||
| Q2 24 | $-0.52 | $0.07 | ||
| Q1 24 | $-0.54 | $-0.07 |
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 | $188.0M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $21.3M | $-77.2M |
| 总资产 | $5.7B | $569.7M |
| 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FIPZIP
| Q4 25 | $57.4M | $188.0M | ||
| Q3 25 | $34.7M | $211.8M | ||
| Q2 25 | $33.6M | $203.5M | ||
| Q1 25 | $26.3M | $221.1M | ||
| Q4 24 | $27.8M | $218.4M | ||
| Q3 24 | $20.3M | $225.6M | ||
| Q2 24 | $33.1M | $271.7M | ||
| Q1 24 | $23.0M | $282.5M |
总债务FIPZIP
| 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FIPZIP
| Q4 25 | $21.3M | $-77.2M | ||
| Q3 25 | $181.1M | $-76.1M | ||
| Q2 25 | $375.5M | $-65.9M | ||
| Q1 25 | $476.2M | $-11.3M | ||
| Q4 24 | $202.7M | $13.4M | ||
| Q3 24 | $370.8M | $13.6M | ||
| Q2 24 | $394.8M | $24.4M | ||
| Q1 24 | $402.5M | $12.7M |
总资产FIPZIP
| Q4 25 | $5.7B | $569.7M | ||
| Q3 25 | $5.5B | $573.6M | ||
| Q2 25 | $4.4B | $592.4M | ||
| Q1 25 | $4.1B | $629.4M | ||
| Q4 24 | $2.4B | $664.1M | ||
| Q3 24 | $2.4B | $652.0M | ||
| Q2 24 | $2.5B | $665.3M | ||
| Q1 24 | $2.3B | $662.4M |
负债/权益比FIPZIP
| 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 | $7.7M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $7.6M |
| 自由现金流率自由现金流/营收 | -47.8% | 6.8% |
| 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 | $9.9M |
8季度趋势，按日历期对齐
经营现金流FIPZIP
| Q4 25 | $-2.8M | $7.7M | ||
| Q3 25 | $-24.4M | $2.6M | ||
| Q2 25 | $-5.2M | $10.5M | ||
| Q1 25 | $-85.7M | $-9.9M | ||
| Q4 24 | $-8.1M | $12.5M | ||
| Q3 24 | $14.2M | $9.3M | ||
| Q2 24 | $-17.6M | $21.9M | ||
| Q1 24 | $-3.9M | $2.0M |
自由现金流FIPZIP
| Q4 25 | $-68.6M | $7.6M | ||
| Q3 25 | $-90.7M | $2.2M | ||
| Q2 25 | $-87.5M | $10.2M | ||
| Q1 25 | $-151.7M | $-10.2M | ||
| Q4 24 | $-34.3M | $12.0M | ||
| Q3 24 | $-11.7M | $9.2M | ||
| Q2 24 | $-32.1M | $21.7M | ||
| Q1 24 | $-16.7M | $1.9M |
自由现金流率FIPZIP
| Q4 25 | -47.8% | 6.8% | ||
| Q3 25 | -64.5% | 1.9% | ||
| Q2 25 | -71.6% | 9.1% | ||
| Q1 25 | -157.7% | -9.3% | ||
| Q4 24 | -42.4% | 10.8% | ||
| Q3 24 | -14.0% | 7.8% | ||
| Q2 24 | -37.9% | 17.6% | ||
| Q1 24 | -20.3% | 1.6% |
资本支出强度FIPZIP
| Q4 25 | 45.9% | 0.1% | ||
| Q3 25 | 47.2% | 0.3% | ||
| Q2 25 | 67.3% | 0.3% | ||
| Q1 25 | 68.6% | 0.3% | ||
| Q4 24 | 32.5% | 0.4% | ||
| Q3 24 | 31.1% | 0.2% | ||
| Q2 24 | 17.2% | 0.1% | ||
| Q1 24 | 15.6% | 0.1% |
现金转化率FIPZIP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.12× | ||
| 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% |
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |
