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福陆（FLR）与史密斯菲尔德食品（SFD）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史密斯菲尔德食品的1.1倍（$4.2B vs $3.8B），史密斯菲尔德食品净利率更高（6.6% vs -37.7%，领先44.2%），史密斯菲尔德食品同比增速更快（0.8% vs -2.0%），过去两年福陆的营收复合增速更高（5.7% vs 5.5%）
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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
FLR vs SFD — 直观对比
营收规模更大
FLR
是对方的1.1倍
$3.8B
营收增速更快
SFD
高出2.8%
-2.0%
净利率更高
SFD
高出44.2%
-37.7%
两年增速更快
FLR
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.8B |
| 净利润 | $-1.6B | $249.0M |
| 毛利率 | 3.2% | 13.4% |
| 营业利润率 | 1.3% | 8.8% |
| 净利率 | -37.7% | 6.6% |
| 营收同比 | -2.0% | 0.8% |
| 净利润同比 | -184.4% | 9.7% |
| 每股收益（稀释后） | $-9.40 | — |
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FLRSFD
| Q1 26 | — | $3.8B | ||
| Q4 25 | $4.2B | $4.2B | ||
| Q3 25 | $3.4B | $3.7B | ||
| Q2 25 | $4.0B | $3.8B | ||
| Q1 25 | $4.0B | $3.8B | ||
| Q4 24 | $4.3B | $4.0B | ||
| Q3 24 | $4.1B | $3.3B | ||
| Q2 24 | $4.2B | $3.4B |
净利润FLRSFD
| Q1 26 | — | $249.0M | ||
| Q4 25 | $-1.6B | $327.0M | ||
| Q3 25 | $-697.0M | $248.0M | ||
| Q2 25 | $2.5B | $188.0M | ||
| Q1 25 | $-241.0M | $224.0M | ||
| Q4 24 | $1.9B | $205.0M | ||
| Q3 24 | $54.0M | $291.0M | ||
| Q2 24 | $169.0M | $301.0M |
毛利率FLRSFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | 3.2% | 14.2% | ||
| Q3 25 | -13.3% | 12.8% | ||
| Q2 25 | 1.4% | 13.2% | ||
| Q1 25 | 3.5% | 13.5% | ||
| Q4 24 | 4.9% | 13.5% | ||
| Q3 24 | 2.1% | 14.3% | ||
| Q2 24 | 4.2% | 15.4% |
营业利润率FLRSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | 1.3% | 9.5% | ||
| Q3 25 | -14.7% | 8.3% | ||
| Q2 25 | -0.7% | 6.9% | ||
| Q1 25 | 2.3% | 8.5% | ||
| Q4 24 | 4.4% | 8.5% | ||
| Q3 24 | 1.2% | 8.5% | ||
| Q2 24 | 4.2% | 9.8% |
净利率FLRSFD
| Q1 26 | — | 6.6% | ||
| Q4 25 | -37.7% | 7.7% | ||
| Q3 25 | -20.7% | 6.6% | ||
| Q2 25 | 61.8% | 5.0% | ||
| Q1 25 | -6.1% | 5.9% | ||
| Q4 24 | 43.7% | 5.2% | ||
| Q3 24 | 1.3% | 8.7% | ||
| Q2 24 | 4.0% | 8.8% |
每股收益（稀释后）FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | $-9.40 | $0.83 | ||
| Q3 25 | $-4.30 | $0.63 | ||
| Q2 25 | $14.81 | $0.48 | ||
| Q1 25 | $-1.42 | $0.57 | ||
| Q4 24 | $10.68 | $0.54 | ||
| Q3 24 | $0.31 | $0.77 | ||
| Q2 24 | $0.97 | $0.79 |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.2B | $6.9B |
| 总资产 | $8.2B | $12.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FLRSFD
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $2.7B | — |
总债务FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FLRSFD
| Q1 26 | — | $6.9B | ||
| Q4 25 | $3.2B | $6.8B | ||
| Q3 25 | $5.2B | $6.5B | ||
| Q2 25 | $5.9B | $6.3B | ||
| Q1 25 | $3.6B | $6.2B | ||
| Q4 24 | $3.9B | $5.8B | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.1B | — |
总资产FLRSFD
| Q1 26 | — | $12.0B | ||
| Q4 25 | $8.2B | $12.2B | ||
| Q3 25 | $11.5B | $11.5B | ||
| Q2 25 | $11.8B | $11.2B | ||
| Q1 25 | $8.4B | $11.1B | ||
| Q4 24 | $9.1B | $11.1B | ||
| Q3 24 | $7.1B | — | ||
| Q2 24 | $6.8B | — |
负债/权益比FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-378.0M | — |
| 自由现金流率自由现金流/营收 | -9.1% | — |
| 资本支出强度资本支出/营收 | 0.3% | 2.3% |
| 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 | $-437.0M | — |
8季度趋势，按日历期对齐
经营现金流FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | $-366.0M | $938.0M | ||
| Q3 25 | $286.0M | $13.0M | ||
| Q2 25 | $-21.0M | $274.0M | ||
| Q1 25 | $-286.0M | $-166.0M | ||
| Q4 24 | $327.0M | — | ||
| Q3 24 | $330.0M | — | ||
| Q2 24 | $282.0M | — |
自由现金流FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | $-378.0M | $842.0M | ||
| Q3 25 | $273.0M | $-75.0M | ||
| Q2 25 | $-35.0M | $196.0M | ||
| Q1 25 | $-297.0M | $-245.0M | ||
| Q4 24 | $296.0M | — | ||
| Q3 24 | $279.0M | — | ||
| Q2 24 | $234.0M | — |
自由现金流率FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | -9.1% | 19.9% | ||
| Q3 25 | 8.1% | -2.0% | ||
| Q2 25 | -0.9% | 5.2% | ||
| Q1 25 | -7.5% | -6.5% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 5.5% | — |
资本支出强度FLRSFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.3% | 2.3% | ||
| Q3 25 | 0.4% | 2.3% | ||
| Q2 25 | 0.4% | 2.1% | ||
| Q1 25 | 0.3% | 2.1% | ||
| Q4 24 | 0.7% | 2.1% | ||
| Q3 24 | 1.2% | 2.8% | ||
| Q2 24 | 1.1% | 2.3% |
现金转化率FLRSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 2.87× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | -0.01× | 1.46× | ||
| Q1 25 | — | -0.74× | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 6.11× | — | ||
| Q2 24 | 1.67× | — |
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% |
SFD
暂无分部数据
