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福陆（FLR）与新闻集团（NWSA）财务数据对比。点击上方公司名可切换其他公司
福陆的季度营收约是新闻集团的1.8倍（$4.2B vs $2.4B），新闻集团净利率更高（8.2% vs -37.7%，领先45.8%），新闻集团同比增速更快（5.5% vs -2.0%），新闻集团自由现金流更多（$132.0M vs $-378.0M），过去两年福陆的营收复合增速更高（5.7% vs -1.3%）
福陆是总部位于美国得克萨斯州欧文市的工程建设企业，通过旗下子公司提供油气、工业与基础设施、政府项目及电力三大核心领域的服务，是《财富》世界500强中排名最高的上市工程建设企业，总排名位列第265位。
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
FLR vs NWSA — 直观对比
营收规模更大
FLR
是对方的1.8倍
$2.4B
营收增速更快
NWSA
高出7.5%
-2.0%
净利率更高
NWSA
高出45.8%
-37.7%
自由现金流更多
NWSA
多$510.0M
$-378.0M
两年增速更快
FLR
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.4B |
| 净利润 | $-1.6B | $193.0M |
| 毛利率 | 3.2% | — |
| 营业利润率 | 1.3% | — |
| 净利率 | -37.7% | 8.2% |
| 营收同比 | -2.0% | 5.5% |
| 净利润同比 | -184.4% | -10.2% |
| 每股收益（稀释后） | $-9.40 | $0.34 |
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FLRNWSA
| Q4 25 | $4.2B | $2.4B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $4.0B | $1.6B | ||
| Q1 25 | $4.0B | $2.0B | ||
| Q4 24 | $4.3B | $2.2B | ||
| Q3 24 | $4.1B | $2.6B | ||
| Q2 24 | $4.2B | $2.6B | ||
| Q1 24 | $3.7B | $2.4B |
净利润FLRNWSA
| Q4 25 | $-1.6B | $193.0M | ||
| Q3 25 | $-697.0M | $112.0M | ||
| Q2 25 | $2.5B | $743.0M | ||
| Q1 25 | $-241.0M | $103.0M | ||
| Q4 24 | $1.9B | $215.0M | ||
| Q3 24 | $54.0M | $119.0M | ||
| Q2 24 | $169.0M | $50.0M | ||
| Q1 24 | $59.0M | $30.0M |
毛利率FLRNWSA
| Q4 25 | 3.2% | — | ||
| Q3 25 | -13.3% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | 2.7% | — |
营业利润率FLRNWSA
| Q4 25 | 1.3% | — | ||
| Q3 25 | -14.7% | — | ||
| Q2 25 | -0.7% | 8.5% | ||
| Q1 25 | 2.3% | 7.5% | ||
| Q4 24 | 4.4% | 19.2% | ||
| Q3 24 | 1.2% | 7.9% | ||
| Q2 24 | 4.2% | 4.3% | ||
| Q1 24 | 1.4% | 2.6% |
净利率FLRNWSA
| Q4 25 | -37.7% | 8.2% | ||
| Q3 25 | -20.7% | 5.2% | ||
| Q2 25 | 61.8% | 45.6% | ||
| Q1 25 | -6.1% | 5.1% | ||
| Q4 24 | 43.7% | 9.6% | ||
| Q3 24 | 1.3% | 4.6% | ||
| Q2 24 | 4.0% | 1.9% | ||
| Q1 24 | 1.6% | 1.2% |
每股收益（稀释后）FLRNWSA
| Q4 25 | $-9.40 | $0.34 | ||
| Q3 25 | $-4.30 | $0.20 | ||
| Q2 25 | $14.81 | $1.30 | ||
| Q1 25 | $-1.42 | $0.18 | ||
| Q4 24 | $10.68 | $0.38 | ||
| Q3 24 | $0.31 | $0.21 | ||
| Q2 24 | $0.97 | $0.09 | ||
| Q1 24 | $0.34 | $0.05 |
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 | $2.2B | $2.1B |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $3.2B | $8.8B |
| 总资产 | $8.2B | $15.5B |
| 负债/权益比越低杠杆越低 | — | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资FLRNWSA
| Q4 25 | $2.2B | $2.1B | ||
| Q3 25 | $2.8B | $2.2B | ||
| Q2 25 | $2.3B | $2.4B | ||
| Q1 25 | $2.5B | $2.1B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.7B | $2.0B | ||
| Q1 24 | $2.4B | $1.9B |
总债务FLRNWSA
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.9B |
股东权益FLRNWSA
| Q4 25 | $3.2B | $8.8B | ||
| Q3 25 | $5.2B | $8.7B | ||
| Q2 25 | $5.9B | $8.8B | ||
| Q1 25 | $3.6B | $8.2B | ||
| Q4 24 | $3.9B | $8.1B | ||
| Q3 24 | $2.3B | $8.3B | ||
| Q2 24 | $2.1B | $8.1B | ||
| Q1 24 | $2.0B | $8.1B |
总资产FLRNWSA
| Q4 25 | $8.2B | $15.5B | ||
| Q3 25 | $11.5B | $15.3B | ||
| Q2 25 | $11.8B | $15.5B | ||
| Q1 25 | $8.4B | $16.6B | ||
| Q4 24 | $9.1B | $16.2B | ||
| Q3 24 | $7.1B | $16.9B | ||
| Q2 24 | $6.8B | $16.7B | ||
| Q1 24 | $6.7B | $16.5B |
负债/权益比FLRNWSA
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.36× |
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 | $-366.0M | $231.0M |
| 自由现金流经营现金流 - 资本支出 | $-378.0M | $132.0M |
| 自由现金流率自由现金流/营收 | -9.1% | 5.6% |
| 资本支出强度资本支出/营收 | 0.3% | 4.2% |
| 现金转化率经营现金流/净利润 | — | 1.20× |
| 过去12个月自由现金流最近4个季度 | $-437.0M | $586.0M |
8季度趋势，按日历期对齐
经营现金流FLRNWSA
| Q4 25 | $-366.0M | $231.0M | ||
| Q3 25 | $286.0M | $85.0M | ||
| Q2 25 | $-21.0M | $189.0M | ||
| Q1 25 | $-286.0M | $511.0M | ||
| Q4 24 | $327.0M | $252.0M | ||
| Q3 24 | $330.0M | $64.0M | ||
| Q2 24 | $282.0M | $254.0M | ||
| Q1 24 | $-111.0M | $539.0M |
自由现金流FLRNWSA
| Q4 25 | $-378.0M | $132.0M | ||
| Q3 25 | $273.0M | $4.0M | ||
| Q2 25 | $-35.0M | $32.0M | ||
| Q1 25 | $-297.0M | $418.0M | ||
| Q4 24 | $296.0M | $190.0M | ||
| Q3 24 | $279.0M | $-31.0M | ||
| Q2 24 | $234.0M | $111.0M | ||
| Q1 24 | $-145.0M | $422.0M |
自由现金流率FLRNWSA
| Q4 25 | -9.1% | 5.6% | ||
| Q3 25 | 8.1% | 0.2% | ||
| Q2 25 | -0.9% | 2.0% | ||
| Q1 25 | -7.5% | 20.8% | ||
| Q4 24 | 6.9% | 8.5% | ||
| Q3 24 | 6.8% | -1.2% | ||
| Q2 24 | 5.5% | 4.3% | ||
| Q1 24 | -3.9% | 17.4% |
资本支出强度FLRNWSA
| Q4 25 | 0.3% | 4.2% | ||
| Q3 25 | 0.4% | 3.8% | ||
| Q2 25 | 0.4% | 9.6% | ||
| Q1 25 | 0.3% | 4.6% | ||
| Q4 24 | 0.7% | 2.8% | ||
| Q3 24 | 1.2% | 3.7% | ||
| Q2 24 | 1.1% | 5.5% | ||
| Q1 24 | 0.9% | 4.8% |
现金转化率FLRNWSA
| Q4 25 | — | 1.20× | ||
| Q3 25 | — | 0.76× | ||
| Q2 25 | -0.01× | 0.25× | ||
| Q1 25 | — | 4.96× | ||
| Q4 24 | 0.18× | 1.17× | ||
| Q3 24 | 6.11× | 0.54× | ||
| Q2 24 | 1.67× | 5.08× | ||
| Q1 24 | -1.88× | 17.97× |
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
FLR
| Urban Solutions Segment | $2.6B | 63% |
| Energy Solutions Segment | $943.0M | 23% |
| Mission Solutions Segment | $600.0M | 14% |
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
