vs
Fabrinet（FN）与Shift4 Payments, Inc.（FOUR）财务数据对比。点击上方公司名可切换其他公司
Shift4 Payments, Inc.的季度营收约是Fabrinet的1.0倍（$1.2B vs $1.1B），Fabrinet净利率更高（9.9% vs 3.4%，领先6.6%），Fabrinet同比增速更快（35.9% vs 34.0%），Shift4 Payments, Inc.自由现金流更多（$222.5M vs $-5.3M），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs 24.4%）
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
FN vs FOUR — 直观对比
营收规模更大
FOUR
是对方的1.0倍
$1.1B
营收增速更快
FN
高出1.9%
34.0%
净利率更高
FN
高出6.6%
3.4%
自由现金流更多
FOUR
多$227.8M
$-5.3M
两年增速更快
FOUR
近两年复合增速
24.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $112.6M | $40.2M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 10.1% | 10.8% |
| 净利率 | 9.9% | 3.4% |
| 营收同比 | 35.9% | 34.0% |
| 净利润同比 | 30.0% | -65.3% |
| 每股收益（稀释后） | $3.11 | — |
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FNFOUR
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $978.1M | $1.2B | ||
| Q2 25 | $909.7M | $966.2M | ||
| Q1 25 | $871.8M | $848.3M | ||
| Q4 24 | $833.6M | $887.0M | ||
| Q3 24 | $804.2M | $909.2M | ||
| Q2 24 | $753.3M | $827.0M | ||
| Q1 24 | $731.5M | $707.4M |
净利润FNFOUR
| Q4 25 | $112.6M | $40.2M | ||
| Q3 25 | $95.9M | $28.1M | ||
| Q2 25 | $87.2M | $34.0M | ||
| Q1 25 | $81.3M | $16.7M | ||
| Q4 24 | $86.6M | $116.0M | ||
| Q3 24 | $77.4M | $53.8M | ||
| Q2 24 | $81.1M | $39.2M | ||
| Q1 24 | $80.9M | $20.6M |
毛利率FNFOUR
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 12.4% | — |
营业利润率FNFOUR
| Q4 25 | 10.1% | 10.8% | ||
| Q3 25 | 9.6% | 9.7% | ||
| Q2 25 | 9.8% | 8.6% | ||
| Q1 25 | 9.0% | 3.0% | ||
| Q4 24 | 9.5% | 9.7% | ||
| Q3 24 | 9.6% | 8.8% | ||
| Q2 24 | 9.7% | 7.2% | ||
| Q1 24 | 9.7% | 3.0% |
净利率FNFOUR
| Q4 25 | 9.9% | 3.4% | ||
| Q3 25 | 9.8% | 2.4% | ||
| Q2 25 | 9.6% | 3.5% | ||
| Q1 25 | 9.3% | 2.0% | ||
| Q4 24 | 10.4% | 13.1% | ||
| Q3 24 | 9.6% | 5.9% | ||
| Q2 24 | 10.8% | 4.7% | ||
| Q1 24 | 11.1% | 2.9% |
每股收益（稀释后）FNFOUR
| Q4 25 | $3.11 | — | ||
| Q3 25 | $2.66 | — | ||
| Q2 25 | $2.41 | — | ||
| Q1 25 | $2.25 | — | ||
| Q4 24 | $2.38 | — | ||
| Q3 24 | $2.13 | — | ||
| Q2 24 | $2.22 | — | ||
| Q1 24 | $2.21 | — |
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 | $960.8M | $964.0M |
| 总债务越低越好 | — | $4.5B |
| 股东权益账面价值 | $2.2B | $1.4B |
| 总资产 | $3.3B | $8.7B |
| 负债/权益比越低杠杆越低 | — | 3.15× |
8季度趋势，按日历期对齐
现金及短期投资FNFOUR
| Q4 25 | $960.8M | $964.0M | ||
| Q3 25 | $968.8M | $1.5B | ||
| Q2 25 | $934.2M | $3.0B | ||
| Q1 25 | $950.7M | $1.2B | ||
| Q4 24 | $934.6M | $1.2B | ||
| Q3 24 | $908.9M | $1.4B | ||
| Q2 24 | $858.6M | $205.0M | ||
| Q1 24 | $794.0M | $522.9M |
总债务FNFOUR
| Q4 25 | — | $4.5B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FNFOUR
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $1.9B | $805.2M | ||
| Q4 24 | $1.8B | $806.6M | ||
| Q3 24 | $1.8B | $811.8M | ||
| Q2 24 | $1.7B | $700.8M | ||
| Q1 24 | $1.7B | $674.5M |
总资产FNFOUR
| Q4 25 | $3.3B | $8.7B | ||
| Q3 25 | $3.0B | $9.0B | ||
| Q2 25 | $2.8B | $7.0B | ||
| Q1 25 | $2.6B | $5.0B | ||
| Q4 24 | $2.5B | $5.0B | ||
| Q3 24 | $2.4B | $5.0B | ||
| Q2 24 | $2.3B | $3.5B | ||
| Q1 24 | $2.2B | $3.4B |
负债/权益比FNFOUR
| Q4 25 | — | 3.15× | ||
| Q3 25 | — | 2.83× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 3.53× | ||
| Q4 24 | — | 3.52× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $46.3M | $223.7M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $222.5M |
| 自由现金流率自由现金流/营收 | -0.5% | 18.7% |
| 资本支出强度资本支出/营收 | 4.6% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.41× | 5.56× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $624.0M |
8季度趋势，按日历期对齐
经营现金流FNFOUR
| Q4 25 | $46.3M | $223.7M | ||
| Q3 25 | $102.6M | $171.8M | ||
| Q2 25 | $55.1M | $141.9M | ||
| Q1 25 | $74.2M | $96.6M | ||
| Q4 24 | $115.9M | $145.4M | ||
| Q3 24 | $83.2M | $182.1M | ||
| Q2 24 | $83.1M | $116.1M | ||
| Q1 24 | $100.9M | $56.7M |
自由现金流FNFOUR
| Q4 25 | $-5.3M | $222.5M | ||
| Q3 25 | $57.3M | $165.4M | ||
| Q2 25 | $4.7M | $141.0M | ||
| Q1 25 | $45.7M | $95.1M | ||
| Q4 24 | $94.0M | $143.8M | ||
| Q3 24 | $62.9M | $180.1M | ||
| Q2 24 | $70.4M | $113.9M | ||
| Q1 24 | $87.3M | $55.4M |
自由现金流率FNFOUR
| Q4 25 | -0.5% | 18.7% | ||
| Q3 25 | 5.9% | 14.1% | ||
| Q2 25 | 0.5% | 14.6% | ||
| Q1 25 | 5.2% | 11.2% | ||
| Q4 24 | 11.3% | 16.2% | ||
| Q3 24 | 7.8% | 19.8% | ||
| Q2 24 | 9.3% | 13.8% | ||
| Q1 24 | 11.9% | 7.8% |
资本支出强度FNFOUR
| Q4 25 | 4.6% | 0.1% | ||
| Q3 25 | 4.6% | 0.5% | ||
| Q2 25 | 5.5% | 0.1% | ||
| Q1 25 | 3.3% | 0.2% | ||
| Q4 24 | 2.6% | 0.2% | ||
| Q3 24 | 2.5% | 0.2% | ||
| Q2 24 | 1.7% | 0.3% | ||
| Q1 24 | 1.9% | 0.2% |
现金转化率FNFOUR
| Q4 25 | 0.41× | 5.56× | ||
| Q3 25 | 1.07× | 6.11× | ||
| Q2 25 | 0.63× | 4.17× | ||
| Q1 25 | 0.91× | 5.78× | ||
| Q4 24 | 1.34× | 1.25× | ||
| Q3 24 | 1.07× | 3.38× | ||
| Q2 24 | 1.02× | 2.96× | ||
| Q1 24 | 1.25× | 2.75× |
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
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
