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FISERV INC（FISV）与Flutter Entertainment plc（FLUT）财务数据对比。点击上方公司名可切换其他公司
FISERV INC的季度营收约是Flutter Entertainment plc的1.1倍（$5.3B vs $4.7B），FISERV INC净利率更高（15.3% vs 0.2%，领先15.1%），Flutter Entertainment plc同比增速更快（24.9% vs 0.6%），FISERV INC自由现金流更多（$1.5B vs $392.0M），过去两年Flutter Entertainment plc的营收复合增速更高（18.1% vs 4.0%）
Fiserv是总部位于美国威斯康星州密尔沃基的跨国金融科技企业，面向银行机构提供借记卡、信用卡交易处理、忠诚度计划管理、贷款服务、电子账单支付、电汇及ACH转账、支票存款、ATM交易处理等解决方案，同时生产借记卡、信用卡及POS终端设备。
Flutter Entertainment plc是爱尔兰裔美国跨国体育博彩及娱乐博彩企业，于纽约证券交易所主上市，同时在伦敦证券交易所第二上市，旗下拥有Betfair、FanDuel、Paddy Power、PokerStars、Sky Betting & Gaming、Sportsbet等知名品牌，是全球规模最大的在线博彩运营商。
FISV vs FLUT — 直观对比
营收规模更大
FISV
是对方的1.1倍
$4.7B
营收增速更快
FLUT
高出24.3%
0.6%
净利率更高
FISV
高出15.1%
0.2%
自由现金流更多
FISV
多$1.1B
$392.0M
两年增速更快
FLUT
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $4.7B |
| 净利润 | $811.0M | $10.0M |
| 毛利率 | — | 44.5% |
| 营业利润率 | 24.4% | 5.4% |
| 净利率 | 15.3% | 0.2% |
| 营收同比 | 0.6% | 24.9% |
| 净利润同比 | -13.5% | -93.6% |
| 每股收益（稀释后） | $1.51 | $0.00 |
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FISVFLUT
| Q4 25 | $5.3B | $4.7B | ||
| Q3 25 | $5.3B | $3.8B | ||
| Q2 25 | $5.5B | $4.2B | ||
| Q1 25 | $5.1B | $3.7B | ||
| Q4 24 | $5.3B | $3.8B | ||
| Q3 24 | $5.2B | $3.2B | ||
| Q2 24 | $5.1B | $3.6B | ||
| Q1 24 | $4.9B | $3.4B |
净利润FISVFLUT
| Q4 25 | $811.0M | $10.0M | ||
| Q3 25 | $792.0M | $-789.0M | ||
| Q2 25 | $1.0B | $37.0M | ||
| Q1 25 | $851.0M | $335.0M | ||
| Q4 24 | $938.0M | $156.0M | ||
| Q3 24 | $564.0M | $-114.0M | ||
| Q2 24 | $894.0M | $297.0M | ||
| Q1 24 | $735.0M | $-177.0M |
毛利率FISVFLUT
| Q4 25 | — | 44.5% | ||
| Q3 25 | — | 42.9% | ||
| Q2 25 | — | 46.8% | ||
| Q1 25 | — | 46.6% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.1% | ||
| Q2 24 | — | 49.2% | ||
| Q1 24 | — | 47.2% |
营业利润率FISVFLUT
| Q4 25 | 24.4% | 5.4% | ||
| Q3 25 | 27.3% | -22.0% | ||
| Q2 25 | 30.7% | 9.3% | ||
| Q1 25 | 27.2% | 6.1% | ||
| Q4 24 | 31.8% | 7.4% | ||
| Q3 24 | 30.7% | 3.0% | ||
| Q2 24 | 28.0% | 10.2% | ||
| Q1 24 | 24.2% | 3.7% |
净利率FISVFLUT
| Q4 25 | 15.3% | 0.2% | ||
| Q3 25 | 15.0% | -20.8% | ||
| Q2 25 | 18.6% | 0.9% | ||
| Q1 25 | 16.6% | 9.1% | ||
| Q4 24 | 17.9% | 4.1% | ||
| Q3 24 | 10.8% | -3.5% | ||
| Q2 24 | 17.5% | 8.2% | ||
| Q1 24 | 15.1% | -5.2% |
每股收益（稀释后）FISVFLUT
| Q4 25 | $1.51 | $0.00 | ||
| Q3 25 | $1.46 | $-3.91 | ||
| Q2 25 | $1.86 | $0.59 | ||
| Q1 25 | $1.51 | $1.57 | ||
| Q4 24 | $1.63 | $0.47 | ||
| Q3 24 | $0.98 | $-0.58 | ||
| Q2 24 | $1.53 | $1.45 | ||
| Q1 24 | $1.24 | $-1.10 |
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 | $798.0M | $1.8B |
| 总债务越低越好 | $27.8B | $12.3B |
| 股东权益账面价值 | $25.8B | $9.0B |
| 总资产 | $80.1B | $29.3B |
| 负债/权益比越低杠杆越低 | 1.08× | 1.36× |
8季度趋势，按日历期对齐
现金及短期投资FISVFLUT
| Q4 25 | $798.0M | $1.8B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $999.0M | $1.7B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.2B | $1.4B |
总债务FISVFLUT
| Q4 25 | $27.8B | $12.3B | ||
| Q3 25 | $28.9B | $12.1B | ||
| Q2 25 | $28.1B | $10.0B | ||
| Q1 25 | $27.0B | $6.8B | ||
| Q4 24 | $23.7B | $6.7B | ||
| Q3 24 | $24.1B | $6.9B | ||
| Q2 24 | $24.4B | $6.8B | ||
| Q1 24 | $23.8B | $6.8B |
股东权益FISVFLUT
| Q4 25 | $25.8B | $9.0B | ||
| Q3 25 | $25.1B | $9.2B | ||
| Q2 25 | $25.2B | $10.2B | ||
| Q1 25 | $25.9B | $9.9B | ||
| Q4 24 | $27.1B | $9.3B | ||
| Q3 24 | $27.8B | $10.2B | ||
| Q2 24 | $28.2B | $9.9B | ||
| Q1 24 | $28.8B | $9.5B |
总资产FISVFLUT
| Q4 25 | $80.1B | $29.3B | ||
| Q3 25 | $79.4B | $29.3B | ||
| Q2 25 | $81.5B | $29.9B | ||
| Q1 25 | $80.4B | $24.8B | ||
| Q4 24 | $77.2B | $24.5B | ||
| Q3 24 | $79.8B | $25.5B | ||
| Q2 24 | $93.4B | $24.3B | ||
| Q1 24 | $92.7B | $24.4B |
负债/权益比FISVFLUT
| Q4 25 | 1.08× | 1.36× | ||
| Q3 25 | 1.15× | 1.31× | ||
| Q2 25 | 1.11× | 0.97× | ||
| Q1 25 | 1.04× | 0.69× | ||
| Q4 24 | 0.88× | 0.72× | ||
| Q3 24 | 0.87× | 0.67× | ||
| Q2 24 | 0.87× | 0.69× | ||
| Q1 24 | 0.82× | 0.72× |
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 | $1.9B | $428.0M |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $392.0M |
| 自由现金流率自由现金流/营收 | 28.4% | 8.3% |
| 资本支出强度资本支出/营收 | 8.4% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.40× | 42.80× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $1.1B |
8季度趋势，按日历期对齐
经营现金流FISVFLUT
| Q4 25 | $1.9B | $428.0M | ||
| Q3 25 | $1.8B | $209.0M | ||
| Q2 25 | $1.7B | $359.0M | ||
| Q1 25 | $648.0M | $188.0M | ||
| Q4 24 | $2.2B | $652.0M | ||
| Q3 24 | $2.2B | $290.0M | ||
| Q2 24 | $1.3B | $323.0M | ||
| Q1 24 | $831.0M | $337.0M |
自由现金流FISVFLUT
| Q4 25 | $1.5B | $392.0M | ||
| Q3 25 | $1.3B | $196.0M | ||
| Q2 25 | $1.2B | $322.0M | ||
| Q1 25 | $313.0M | $169.0M | ||
| Q4 24 | $1.8B | $595.0M | ||
| Q3 24 | $1.8B | $253.0M | ||
| Q2 24 | $993.0M | $295.0M | ||
| Q1 24 | $411.0M | $315.0M |
自由现金流率FISVFLUT
| Q4 25 | 28.4% | 8.3% | ||
| Q3 25 | 24.7% | 5.2% | ||
| Q2 25 | 21.5% | 7.7% | ||
| Q1 25 | 6.1% | 4.6% | ||
| Q4 24 | 34.7% | 15.7% | ||
| Q3 24 | 35.2% | 7.8% | ||
| Q2 24 | 19.4% | 8.2% | ||
| Q1 24 | 8.4% | 9.3% |
资本支出强度FISVFLUT
| Q4 25 | 8.4% | 0.8% | ||
| Q3 25 | 9.6% | 0.3% | ||
| Q2 25 | 8.7% | 0.9% | ||
| Q1 25 | 6.5% | 0.5% | ||
| Q4 24 | 7.6% | 1.5% | ||
| Q3 24 | 7.7% | 1.1% | ||
| Q2 24 | 6.8% | 0.8% | ||
| Q1 24 | 8.6% | 0.6% |
现金转化率FISVFLUT
| Q4 25 | 2.40× | 42.80× | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 1.62× | 9.70× | ||
| Q1 25 | 0.76× | 0.56× | ||
| Q4 24 | 2.37× | 4.18× | ||
| Q3 24 | 3.97× | — | ||
| Q2 24 | 1.50× | 1.09× | ||
| Q1 24 | 1.13× | — |
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
FISV
| Small Business | $1.7B | 32% |
| Products | $1.0B | 19% |
| Digital Payments | $960.0M | 18% |
| Issuing | $792.0M | 15% |
| Enterprise | $587.0M | 11% |
| Processing | $265.0M | 5% |
| Affiliated Entity | $18.0M | 0% |
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
