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Flutter Entertainment plc（FLUT）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
Flutter Entertainment plc的季度营收约是豪士科的1.8倍（$4.7B vs $2.7B），豪士科净利率更高（5.0% vs 0.2%，领先4.8%），Flutter Entertainment plc同比增速更快（24.9% vs 3.5%），豪士科自由现金流更多（$540.3M vs $392.0M），过去两年Flutter Entertainment plc的营收复合增速更高（18.1% vs 2.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
FLUT vs OSK — 直观对比
营收规模更大
FLUT
是对方的1.8倍
$2.7B
营收增速更快
FLUT
高出21.4%
3.5%
净利率更高
OSK
高出4.8%
0.2%
自由现金流更多
OSK
多$148.3M
$392.0M
两年增速更快
FLUT
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $2.7B |
| 净利润 | $10.0M | $133.8M |
| 毛利率 | 44.5% | 15.8% |
| 营业利润率 | 5.4% | 7.9% |
| 净利率 | 0.2% | 5.0% |
| 营收同比 | 24.9% | 3.5% |
| 净利润同比 | -93.6% | -12.6% |
| 每股收益（稀释后） | $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FLUTOSK
| Q4 25 | $4.7B | $2.7B | ||
| Q3 25 | $3.8B | $2.7B | ||
| Q2 25 | $4.2B | $2.7B | ||
| Q1 25 | $3.7B | $2.3B | ||
| Q4 24 | $3.8B | $2.6B | ||
| Q3 24 | $3.2B | $2.7B | ||
| Q2 24 | $3.6B | $2.8B | ||
| Q1 24 | $3.4B | $2.5B |
净利润FLUTOSK
| Q4 25 | $10.0M | $133.8M | ||
| Q3 25 | $-789.0M | $196.2M | ||
| Q2 25 | $37.0M | $204.8M | ||
| Q1 25 | $335.0M | $112.2M | ||
| Q4 24 | $156.0M | $153.1M | ||
| Q3 24 | $-114.0M | $180.3M | ||
| Q2 24 | $297.0M | $168.6M | ||
| Q1 24 | $-177.0M | $179.4M |
毛利率FLUTOSK
| Q4 25 | 44.5% | 15.8% | ||
| Q3 25 | 42.9% | 17.5% | ||
| Q2 25 | 46.8% | 19.2% | ||
| Q1 25 | 46.6% | 17.3% | ||
| Q4 24 | 48.2% | 17.2% | ||
| Q3 24 | 46.1% | 18.5% | ||
| Q2 24 | 49.2% | 19.2% | ||
| Q1 24 | 47.2% | 18.5% |
营业利润率FLUTOSK
| Q4 25 | 5.4% | 7.9% | ||
| Q3 25 | -22.0% | 9.7% | ||
| Q2 25 | 9.3% | 10.7% | ||
| Q1 25 | 6.1% | 7.6% | ||
| Q4 24 | 7.4% | 8.6% | ||
| Q3 24 | 3.0% | 9.7% | ||
| Q2 24 | 10.2% | 9.2% | ||
| Q1 24 | 3.7% | 10.2% |
净利率FLUTOSK
| Q4 25 | 0.2% | 5.0% | ||
| Q3 25 | -20.8% | 7.3% | ||
| Q2 25 | 0.9% | 7.5% | ||
| Q1 25 | 9.1% | 4.9% | ||
| Q4 24 | 4.1% | 5.9% | ||
| Q3 24 | -3.5% | 6.6% | ||
| Q2 24 | 8.2% | 5.9% | ||
| Q1 24 | -5.2% | 7.1% |
每股收益（稀释后）FLUTOSK
| Q4 25 | $0.00 | — | ||
| Q3 25 | $-3.91 | — | ||
| Q2 25 | $0.59 | — | ||
| Q1 25 | $1.57 | — | ||
| Q4 24 | $0.47 | — | ||
| Q3 24 | $-0.58 | — | ||
| Q2 24 | $1.45 | — | ||
| Q1 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 | $1.8B | $479.8M |
| 总债务越低越好 | $12.3B | — |
| 股东权益账面价值 | $9.0B | $4.5B |
| 总资产 | $29.3B | $10.1B |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资FLUTOSK
| Q4 25 | $1.8B | $479.8M | ||
| Q3 25 | $1.7B | $211.8M | ||
| Q2 25 | $1.7B | $191.7M | ||
| Q1 25 | $1.5B | $210.3M | ||
| Q4 24 | $1.5B | $204.9M | ||
| Q3 24 | $1.5B | $160.9M | ||
| Q2 24 | $1.5B | $141.4M | ||
| Q1 24 | $1.4B | $69.9M |
总债务FLUTOSK
| Q4 25 | $12.3B | — | ||
| Q3 25 | $12.1B | — | ||
| Q2 25 | $10.0B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.9B | $602.3M | ||
| Q2 24 | $6.8B | $599.1M | ||
| Q1 24 | $6.8B | $598.9M |
股东权益FLUTOSK
| Q4 25 | $9.0B | $4.5B | ||
| Q3 25 | $9.2B | $4.5B | ||
| Q2 25 | $10.2B | $4.5B | ||
| Q1 25 | $9.9B | $4.2B | ||
| Q4 24 | $9.3B | $4.2B | ||
| Q3 24 | $10.2B | $4.1B | ||
| Q2 24 | $9.9B | $3.9B | ||
| Q1 24 | $9.5B | $3.8B |
总资产FLUTOSK
| Q4 25 | $29.3B | $10.1B | ||
| Q3 25 | $29.3B | $9.8B | ||
| Q2 25 | $29.9B | $10.0B | ||
| Q1 25 | $24.8B | $9.8B | ||
| Q4 24 | $24.5B | $9.4B | ||
| Q3 24 | $25.5B | $9.9B | ||
| Q2 24 | $24.3B | $9.7B | ||
| Q1 24 | $24.4B | $9.5B |
负债/权益比FLUTOSK
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.67× | 0.15× | ||
| Q2 24 | 0.69× | 0.15× | ||
| Q1 24 | 0.72× | 0.16× |
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 | $428.0M | $600.1M |
| 自由现金流经营现金流 - 资本支出 | $392.0M | $540.3M |
| 自由现金流率自由现金流/营收 | 8.3% | 20.1% |
| 资本支出强度资本支出/营收 | 0.8% | 2.2% |
| 现金转化率经营现金流/净利润 | 42.80× | 4.49× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $618.0M |
8季度趋势，按日历期对齐
经营现金流FLUTOSK
| Q4 25 | $428.0M | $600.1M | ||
| Q3 25 | $209.0M | $489.0M | ||
| Q2 25 | $359.0M | $89.2M | ||
| Q1 25 | $188.0M | $-394.9M | ||
| Q4 24 | $652.0M | $790.8M | ||
| Q3 24 | $290.0M | $326.1M | ||
| Q2 24 | $323.0M | $-211.0M | ||
| Q1 24 | $337.0M | $-355.8M |
自由现金流FLUTOSK
| Q4 25 | $392.0M | $540.3M | ||
| Q3 25 | $196.0M | $464.3M | ||
| Q2 25 | $322.0M | $48.6M | ||
| Q1 25 | $169.0M | $-435.2M | ||
| Q4 24 | $595.0M | $703.3M | ||
| Q3 24 | $253.0M | $272.2M | ||
| Q2 24 | $295.0M | $-250.5M | ||
| Q1 24 | $315.0M | $-455.9M |
自由现金流率FLUTOSK
| Q4 25 | 8.3% | 20.1% | ||
| Q3 25 | 5.2% | 17.3% | ||
| Q2 25 | 7.7% | 1.8% | ||
| Q1 25 | 4.6% | -18.8% | ||
| Q4 24 | 15.7% | 27.1% | ||
| Q3 24 | 7.8% | 9.9% | ||
| Q2 24 | 8.2% | -8.8% | ||
| Q1 24 | 9.3% | -17.9% |
资本支出强度FLUTOSK
| Q4 25 | 0.8% | 2.2% | ||
| Q3 25 | 0.3% | 0.9% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | 0.5% | 1.7% | ||
| Q4 24 | 1.5% | 3.4% | ||
| Q3 24 | 1.1% | 2.0% | ||
| Q2 24 | 0.8% | 1.4% | ||
| Q1 24 | 0.6% | 3.9% |
现金转化率FLUTOSK
| Q4 25 | 42.80× | 4.49× | ||
| Q3 25 | — | 2.49× | ||
| Q2 25 | 9.70× | 0.44× | ||
| Q1 25 | 0.56× | -3.52× | ||
| Q4 24 | 4.18× | 5.17× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | 1.09× | -1.25× | ||
| Q1 24 | — | -1.98× |
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
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
