vs
Fabrinet（FN）与Installed Building Products, Inc.（IBP）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Installed Building Products, Inc.的1.5倍（$1.1B vs $747.5M），Installed Building Products, Inc.净利率更高（10.2% vs 9.9%，领先0.3%），Fabrinet同比增速更快（35.9% vs -0.4%），Installed Building Products, Inc.自由现金流更多（$49.3M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 3.9%）
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。
Installed Building Products, Inc.是美国领先的建筑产品安装服务商，主营绝缘材料、排水沟、车库门、消防系统及窗帘等产品的专业安装服务，覆盖住宅新建、翻新改造及商业建筑三大领域，业务遍及美国大部分地区。
FN vs IBP — 直观对比
营收规模更大
FN
是对方的1.5倍
$747.5M
营收增速更快
FN
高出36.3%
-0.4%
净利率更高
IBP
高出0.3%
9.9%
自由现金流更多
IBP
多$54.6M
$-5.3M
两年增速更快
FN
近两年复合增速
3.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $747.5M |
| 净利润 | $112.6M | $76.6M |
| 毛利率 | 12.2% | 35.0% |
| 营业利润率 | 10.1% | 14.6% |
| 净利率 | 9.9% | 10.2% |
| 营收同比 | 35.9% | -0.4% |
| 净利润同比 | 30.0% | 14.5% |
| 每股收益（稀释后） | $3.11 | $2.81 |
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FNIBP
| Q4 25 | $1.1B | $747.5M | ||
| Q3 25 | $978.1M | $778.2M | ||
| Q2 25 | $909.7M | $760.3M | ||
| Q1 25 | $871.8M | $684.8M | ||
| Q4 24 | $833.6M | $750.2M | ||
| Q3 24 | $804.2M | $760.6M | ||
| Q2 24 | $753.3M | $737.6M | ||
| Q1 24 | $731.5M | $692.9M |
净利润FNIBP
| Q4 25 | $112.6M | $76.6M | ||
| Q3 25 | $95.9M | $74.4M | ||
| Q2 25 | $87.2M | $69.0M | ||
| Q1 25 | $81.3M | $45.4M | ||
| Q4 24 | $86.6M | $66.9M | ||
| Q3 24 | $77.4M | $68.6M | ||
| Q2 24 | $81.1M | $65.2M | ||
| Q1 24 | $80.9M | $55.9M |
毛利率FNIBP
| Q4 25 | 12.2% | 35.0% | ||
| Q3 25 | 11.9% | 34.0% | ||
| Q2 25 | 12.2% | 34.2% | ||
| Q1 25 | 11.7% | 32.7% | ||
| Q4 24 | 12.1% | 33.6% | ||
| Q3 24 | 12.3% | 33.8% | ||
| Q2 24 | 12.3% | 34.1% | ||
| Q1 24 | 12.4% | 33.8% |
营业利润率FNIBP
| Q4 25 | 10.1% | 14.6% | ||
| Q3 25 | 9.6% | 13.7% | ||
| Q2 25 | 9.8% | 13.3% | ||
| Q1 25 | 9.0% | 10.2% | ||
| Q4 24 | 9.5% | 13.1% | ||
| Q3 24 | 9.6% | 13.3% | ||
| Q2 24 | 9.7% | 12.9% | ||
| Q1 24 | 9.7% | 12.7% |
净利率FNIBP
| Q4 25 | 9.9% | 10.2% | ||
| Q3 25 | 9.8% | 9.6% | ||
| Q2 25 | 9.6% | 9.1% | ||
| Q1 25 | 9.3% | 6.6% | ||
| Q4 24 | 10.4% | 8.9% | ||
| Q3 24 | 9.6% | 9.0% | ||
| Q2 24 | 10.8% | 8.8% | ||
| Q1 24 | 11.1% | 8.1% |
每股收益（稀释后）FNIBP
| Q4 25 | $3.11 | $2.81 | ||
| Q3 25 | $2.66 | $2.74 | ||
| Q2 25 | $2.41 | $2.52 | ||
| Q1 25 | $2.25 | $1.64 | ||
| Q4 24 | $2.38 | $2.39 | ||
| Q3 24 | $2.13 | $2.44 | ||
| Q2 24 | $2.22 | $2.30 | ||
| Q1 24 | $2.21 | $1.97 |
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 | $321.9M |
| 总债务越低越好 | — | $886.6M |
| 股东权益账面价值 | $2.2B | $709.9M |
| 总资产 | $3.3B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 1.25× |
8季度趋势，按日历期对齐
现金及短期投资FNIBP
| Q4 25 | $960.8M | $321.9M | ||
| Q3 25 | $968.8M | $333.3M | ||
| Q2 25 | $934.2M | $305.2M | ||
| Q1 25 | $950.7M | $298.7M | ||
| Q4 24 | $934.6M | $327.6M | ||
| Q3 24 | $908.9M | $406.2M | ||
| Q2 24 | $858.6M | $380.3M | ||
| Q1 24 | $794.0M | $399.9M |
总债务FNIBP
| Q4 25 | — | $886.6M | ||
| Q3 25 | — | $880.8M | ||
| Q2 25 | — | $876.1M | ||
| Q1 25 | — | $872.4M | ||
| Q4 24 | — | $874.8M | ||
| Q3 24 | — | $872.3M | ||
| Q2 24 | — | $875.8M | ||
| Q1 24 | — | $875.0M |
股东权益FNIBP
| Q4 25 | $2.2B | $709.9M | ||
| Q3 25 | $2.1B | $678.6M | ||
| Q2 25 | $2.0B | $664.5M | ||
| Q1 25 | $1.9B | $660.9M | ||
| Q4 24 | $1.8B | $705.3M | ||
| Q3 24 | $1.8B | $716.4M | ||
| Q2 24 | $1.7B | $685.3M | ||
| Q1 24 | $1.7B | $679.2M |
总资产FNIBP
| Q4 25 | $3.3B | $2.1B | ||
| Q3 25 | $3.0B | $2.1B | ||
| Q2 25 | $2.8B | $2.0B | ||
| Q1 25 | $2.6B | $2.0B | ||
| Q4 24 | $2.5B | $2.1B | ||
| Q3 24 | $2.4B | $2.1B | ||
| Q2 24 | $2.3B | $2.0B | ||
| Q1 24 | $2.2B | $2.0B |
负债/权益比FNIBP
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 1.32× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.24× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.29× |
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 | $64.9M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $49.3M |
| 自由现金流率自由现金流/营收 | -0.5% | 6.6% |
| 资本支出强度资本支出/营收 | 4.6% | 2.1% |
| 现金转化率经营现金流/净利润 | 0.41× | 0.85× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $300.8M |
8季度趋势，按日历期对齐
经营现金流FNIBP
| Q4 25 | $46.3M | $64.9M | ||
| Q3 25 | $102.6M | $124.0M | ||
| Q2 25 | $55.1M | $90.4M | ||
| Q1 25 | $74.2M | $92.1M | ||
| Q4 24 | $115.9M | $74.8M | ||
| Q3 24 | $83.2M | $101.4M | ||
| Q2 24 | $83.1M | $79.0M | ||
| Q1 24 | $100.9M | $84.8M |
自由现金流FNIBP
| Q4 25 | $-5.3M | $49.3M | ||
| Q3 25 | $57.3M | $104.8M | ||
| Q2 25 | $4.7M | $74.8M | ||
| Q1 25 | $45.7M | $71.9M | ||
| Q4 24 | $94.0M | $52.9M | ||
| Q3 24 | $62.9M | $77.3M | ||
| Q2 24 | $70.4M | $58.2M | ||
| Q1 24 | $87.3M | $63.0M |
自由现金流率FNIBP
| Q4 25 | -0.5% | 6.6% | ||
| Q3 25 | 5.9% | 13.5% | ||
| Q2 25 | 0.5% | 9.8% | ||
| Q1 25 | 5.2% | 10.5% | ||
| Q4 24 | 11.3% | 7.1% | ||
| Q3 24 | 7.8% | 10.2% | ||
| Q2 24 | 9.3% | 7.9% | ||
| Q1 24 | 11.9% | 9.1% |
资本支出强度FNIBP
| Q4 25 | 4.6% | 2.1% | ||
| Q3 25 | 4.6% | 2.5% | ||
| Q2 25 | 5.5% | 2.1% | ||
| Q1 25 | 3.3% | 2.9% | ||
| Q4 24 | 2.6% | 2.9% | ||
| Q3 24 | 2.5% | 3.2% | ||
| Q2 24 | 1.7% | 2.8% | ||
| Q1 24 | 1.9% | 3.1% |
现金转化率FNIBP
| Q4 25 | 0.41× | 0.85× | ||
| Q3 25 | 1.07× | 1.67× | ||
| Q2 25 | 0.63× | 1.31× | ||
| Q1 25 | 0.91× | 2.03× | ||
| Q4 24 | 1.34× | 1.12× | ||
| Q3 24 | 1.07× | 1.48× | ||
| Q2 24 | 1.02× | 1.21× | ||
| Q1 24 | 1.25× | 1.52× |
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% |
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
