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Fabrinet（FN）与FTAI Aviation Ltd.（FTAI）财务数据对比。点击上方公司名可切换其他公司
Fabrinet的季度营收约是FTAI Aviation Ltd.的1.7倍（$1.1B vs $662.0M），FTAI Aviation Ltd.净利率更高（17.5% vs 9.9%，领先7.5%），Fabrinet同比增速更快（35.9% vs 32.7%），Fabrinet自由现金流更多（$-5.3M vs $-189.3M），过去两年FTAI Aviation Ltd.的营收复合增速更高（42.4% 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。
FTAI航空有限公司是一家全球性航空基础设施及解决方案提供商，主营商用飞机、航空发动机及相关航空资产的持有、租赁与维护业务，为全球商用航空公司、货运运营商提供定制化资产管理及售后支持服务，助力客户提升运营效率。
FN vs FTAI — 直观对比
营收规模更大
FN
是对方的1.7倍
$662.0M
营收增速更快
FN
高出3.2%
32.7%
净利率更高
FTAI
高出7.5%
9.9%
自由现金流更多
FN
多$183.9M
$-189.3M
两年增速更快
FTAI
近两年复合增速
24.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $662.0M |
| 净利润 | $112.6M | $115.6M |
| 毛利率 | 12.2% | 44.3% |
| 营业利润率 | 10.1% | 20.3% |
| 净利率 | 9.9% | 17.5% |
| 营收同比 | 35.9% | 32.7% |
| 净利润同比 | 30.0% | 12.8% |
| 每股收益（稀释后） | $3.11 | $1.06 |
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FNFTAI
| Q4 25 | $1.1B | $662.0M | ||
| Q3 25 | $978.1M | $667.1M | ||
| Q2 25 | $909.7M | $676.2M | ||
| Q1 25 | $871.8M | $502.1M | ||
| Q4 24 | $833.6M | $498.8M | ||
| Q3 24 | $804.2M | $465.8M | ||
| Q2 24 | $753.3M | $443.6M | ||
| Q1 24 | $731.5M | $326.7M |
净利润FNFTAI
| Q4 25 | $112.6M | $115.6M | ||
| Q3 25 | $95.9M | $117.7M | ||
| Q2 25 | $87.2M | $165.4M | ||
| Q1 25 | $81.3M | $102.4M | ||
| Q4 24 | $86.6M | $102.4M | ||
| Q3 24 | $77.4M | $86.5M | ||
| Q2 24 | $81.1M | $-219.9M | ||
| Q1 24 | $80.9M | $39.6M |
毛利率FNFTAI
| Q4 25 | 12.2% | 44.3% | ||
| Q3 25 | 11.9% | 45.6% | ||
| Q2 25 | 12.2% | 45.4% | ||
| Q1 25 | 11.7% | 50.5% | ||
| Q4 24 | 12.1% | 48.3% | ||
| Q3 24 | 12.3% | 52.9% | ||
| Q2 24 | 12.3% | 53.6% | ||
| Q1 24 | 12.4% | 56.3% |
营业利润率FNFTAI
| Q4 25 | 10.1% | 20.3% | ||
| Q3 25 | 9.6% | 21.6% | ||
| Q2 25 | 9.8% | 30.1% | ||
| Q1 25 | 9.0% | 24.9% | ||
| Q4 24 | 9.5% | 21.7% | ||
| Q3 24 | 9.6% | 20.1% | ||
| Q2 24 | 9.7% | -52.5% | ||
| Q1 24 | 9.7% | 13.8% |
净利率FNFTAI
| Q4 25 | 9.9% | 17.5% | ||
| Q3 25 | 9.8% | 17.6% | ||
| Q2 25 | 9.6% | 24.5% | ||
| Q1 25 | 9.3% | 20.4% | ||
| Q4 24 | 10.4% | 20.5% | ||
| Q3 24 | 9.6% | 18.6% | ||
| Q2 24 | 10.8% | -49.6% | ||
| Q1 24 | 11.1% | 12.1% |
每股收益（稀释后）FNFTAI
| Q4 25 | $3.11 | $1.06 | ||
| Q3 25 | $2.66 | $1.10 | ||
| Q2 25 | $2.41 | $1.57 | ||
| Q1 25 | $2.25 | $0.87 | ||
| Q4 24 | $2.38 | $0.87 | ||
| Q3 24 | $2.13 | $0.76 | ||
| Q2 24 | $2.22 | $-2.26 | ||
| Q1 24 | $2.21 | $0.31 |
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 | $300.5M |
| 总债务越低越好 | — | $3.4B |
| 股东权益账面价值 | $2.2B | $334.2M |
| 总资产 | $3.3B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 10.32× |
8季度趋势，按日历期对齐
现金及短期投资FNFTAI
| Q4 25 | $960.8M | $300.5M | ||
| Q3 25 | $968.8M | $509.9M | ||
| Q2 25 | $934.2M | $301.9M | ||
| Q1 25 | $950.7M | $112.1M | ||
| Q4 24 | $934.6M | $115.1M | ||
| Q3 24 | $908.9M | $111.9M | ||
| Q2 24 | $858.6M | $169.5M | ||
| Q1 24 | $794.0M | $65.2M |
总债务FNFTAI
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.7B |
股东权益FNFTAI
| Q4 25 | $2.2B | $334.2M | ||
| Q3 25 | $2.1B | $252.5M | ||
| Q2 25 | $2.0B | $164.9M | ||
| Q1 25 | $1.9B | $28.3M | ||
| Q4 24 | $1.8B | $81.4M | ||
| Q3 24 | $1.8B | $118.5M | ||
| Q2 24 | $1.7B | $69.6M | ||
| Q1 24 | $1.7B | $177.1M |
总资产FNFTAI
| Q4 25 | $3.3B | $4.4B | ||
| Q3 25 | $3.0B | $4.2B | ||
| Q2 25 | $2.8B | $4.1B | ||
| Q1 25 | $2.6B | $4.3B | ||
| Q4 24 | $2.5B | $4.0B | ||
| Q3 24 | $2.4B | $3.7B | ||
| Q2 24 | $2.3B | $3.4B | ||
| Q1 24 | $2.2B | $3.2B |
负债/权益比FNFTAI
| Q4 25 | — | 10.32× | ||
| Q3 25 | — | 13.65× | ||
| Q2 25 | — | 20.88× | ||
| Q1 25 | — | 128.56× | ||
| Q4 24 | — | 42.28× | ||
| Q3 24 | — | 27.15× | ||
| Q2 24 | — | 44.24× | ||
| Q1 24 | — | 15.21× |
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 | $-179.1M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $-189.3M |
| 自由现金流率自由现金流/营收 | -0.5% | -28.6% |
| 资本支出强度资本支出/营收 | 4.6% | 1.5% |
| 现金转化率经营现金流/净利润 | 0.41× | -1.55× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $-338.5M |
8季度趋势，按日历期对齐
经营现金流FNFTAI
| Q4 25 | $46.3M | $-179.1M | ||
| Q3 25 | $102.6M | $4.6M | ||
| Q2 25 | $55.1M | $-110.3M | ||
| Q1 25 | $74.2M | $-26.0M | ||
| Q4 24 | $115.9M | $-41.8M | ||
| Q3 24 | $83.2M | $41.5M | ||
| Q2 24 | $83.1M | $-187.3M | ||
| Q1 24 | $100.9M | $-345.0K |
自由现金流FNFTAI
| Q4 25 | $-5.3M | $-189.3M | ||
| Q3 25 | $57.3M | $-1.8M | ||
| Q2 25 | $4.7M | $-117.2M | ||
| Q1 25 | $45.7M | $-30.1M | ||
| Q4 24 | $94.0M | $-48.1M | ||
| Q3 24 | $62.9M | $41.0M | ||
| Q2 24 | $70.4M | $-188.4M | ||
| Q1 24 | $87.3M | $-1.7M |
自由现金流率FNFTAI
| Q4 25 | -0.5% | -28.6% | ||
| Q3 25 | 5.9% | -0.3% | ||
| Q2 25 | 0.5% | -17.3% | ||
| Q1 25 | 5.2% | -6.0% | ||
| Q4 24 | 11.3% | -9.6% | ||
| Q3 24 | 7.8% | 8.8% | ||
| Q2 24 | 9.3% | -42.5% | ||
| Q1 24 | 11.9% | -0.5% |
资本支出强度FNFTAI
| Q4 25 | 4.6% | 1.5% | ||
| Q3 25 | 4.6% | 1.0% | ||
| Q2 25 | 5.5% | 1.0% | ||
| Q1 25 | 3.3% | 0.8% | ||
| Q4 24 | 2.6% | 1.3% | ||
| Q3 24 | 2.5% | 0.1% | ||
| Q2 24 | 1.7% | 0.3% | ||
| Q1 24 | 1.9% | 0.4% |
现金转化率FNFTAI
| Q4 25 | 0.41× | -1.55× | ||
| Q3 25 | 1.07× | 0.04× | ||
| Q2 25 | 0.63× | -0.67× | ||
| Q1 25 | 0.91× | -0.25× | ||
| Q4 24 | 1.34× | -0.41× | ||
| Q3 24 | 1.07× | 0.48× | ||
| Q2 24 | 1.02× | — | ||
| Q1 24 | 1.25× | -0.01× |
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% |
FTAI
| Aerospace Products | $355.5M | 54% |
| Other | $212.3M | 32% |
| Equipment Leasing Revenues | $49.2M | 7% |
| Maintenance | $43.4M | 7% |
| Manufactured Product Other | $1.6M | 0% |
