vs
Fabrinet（FN）与宜瑞安（INGR）财务数据对比。点击上方公司名可切换其他公司
宜瑞安的季度营收约是Fabrinet的1.6倍（$1.8B vs $1.1B），Fabrinet净利率更高（9.9% vs 9.5%，领先0.4%），Fabrinet同比增速更快（35.9% vs -2.4%），宜瑞安自由现金流更多（$270.0M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs -3.4%）
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。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
FN vs INGR — 直观对比
营收规模更大
INGR
是对方的1.6倍
$1.1B
营收增速更快
FN
高出38.3%
-2.4%
净利率更高
FN
高出0.4%
9.5%
自由现金流更多
INGR
多$275.3M
$-5.3M
两年增速更快
FN
近两年复合增速
-3.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.8B |
| 净利润 | $112.6M | $167.0M |
| 毛利率 | 12.2% | 24.5% |
| 营业利润率 | 10.1% | 12.5% |
| 净利率 | 9.9% | 9.5% |
| 营收同比 | 35.9% | -2.4% |
| 净利润同比 | 30.0% | 72.2% |
| 每股收益（稀释后） | $3.11 | $2.58 |
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FNINGR
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $978.1M | $1.8B | ||
| Q2 25 | $909.7M | $1.8B | ||
| Q1 25 | $871.8M | $1.8B | ||
| Q4 24 | $833.6M | $1.8B | ||
| Q3 24 | $804.2M | $1.9B | ||
| Q2 24 | $753.3M | $1.9B | ||
| Q1 24 | $731.5M | $1.9B |
净利润FNINGR
| Q4 25 | $112.6M | $167.0M | ||
| Q3 25 | $95.9M | $171.0M | ||
| Q2 25 | $87.2M | $196.0M | ||
| Q1 25 | $81.3M | $197.0M | ||
| Q4 24 | $86.6M | $97.0M | ||
| Q3 24 | $77.4M | $188.0M | ||
| Q2 24 | $81.1M | $148.0M | ||
| Q1 24 | $80.9M | $216.0M |
毛利率FNINGR
| Q4 25 | 12.2% | 24.5% | ||
| Q3 25 | 11.9% | 25.1% | ||
| Q2 25 | 12.2% | 26.0% | ||
| Q1 25 | 11.7% | 25.7% | ||
| Q4 24 | 12.1% | 24.9% | ||
| Q3 24 | 12.3% | 25.6% | ||
| Q2 24 | 12.3% | 23.7% | ||
| Q1 24 | 12.4% | 22.2% |
营业利润率FNINGR
| Q4 25 | 10.1% | 12.5% | ||
| Q3 25 | 9.6% | 13.7% | ||
| Q2 25 | 9.8% | 14.8% | ||
| Q1 25 | 9.0% | 15.2% | ||
| Q4 24 | 9.5% | 9.0% | ||
| Q3 24 | 9.6% | 14.3% | ||
| Q2 24 | 9.7% | 12.8% | ||
| Q1 24 | 9.7% | 11.3% |
净利率FNINGR
| Q4 25 | 9.9% | 9.5% | ||
| Q3 25 | 9.8% | 9.4% | ||
| Q2 25 | 9.6% | 10.7% | ||
| Q1 25 | 9.3% | 10.9% | ||
| Q4 24 | 10.4% | 5.4% | ||
| Q3 24 | 9.6% | 10.1% | ||
| Q2 24 | 10.8% | 7.9% | ||
| Q1 24 | 11.1% | 11.5% |
每股收益（稀释后）FNINGR
| Q4 25 | $3.11 | $2.58 | ||
| Q3 25 | $2.66 | $2.61 | ||
| Q2 25 | $2.41 | $2.99 | ||
| Q1 25 | $2.25 | $3.00 | ||
| Q4 24 | $2.38 | $1.43 | ||
| Q3 24 | $2.13 | $2.83 | ||
| Q2 24 | $2.22 | $2.22 | ||
| Q1 24 | $2.21 | $3.23 |
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 | $1.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $4.3B |
| 总资产 | $3.3B | $7.9B |
| 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FNINGR
| Q4 25 | $960.8M | $1.0B | ||
| Q3 25 | $968.8M | $915.0M | ||
| Q2 25 | $934.2M | $861.0M | ||
| Q1 25 | $950.7M | $837.0M | ||
| Q4 24 | $934.6M | $997.0M | ||
| Q3 24 | $908.9M | $877.0M | ||
| Q2 24 | $858.6M | $505.0M | ||
| Q1 24 | $794.0M | $438.0M |
股东权益FNINGR
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $2.1B | $4.2B | ||
| Q2 25 | $2.0B | $4.2B | ||
| Q1 25 | $1.9B | $4.0B | ||
| Q4 24 | $1.8B | $3.8B | ||
| Q3 24 | $1.8B | $4.0B | ||
| Q2 24 | $1.7B | $3.7B | ||
| Q1 24 | $1.7B | $3.7B |
总资产FNINGR
| Q4 25 | $3.3B | $7.9B | ||
| Q3 25 | $3.0B | $7.8B | ||
| Q2 25 | $2.8B | $7.8B | ||
| Q1 25 | $2.6B | $7.5B | ||
| Q4 24 | $2.5B | $7.4B | ||
| Q3 24 | $2.4B | $7.5B | ||
| Q2 24 | $2.3B | $7.2B | ||
| Q1 24 | $2.2B | $7.3B |
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 | $405.0M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $270.0M |
| 自由现金流率自由现金流/营收 | -0.5% | 15.4% |
| 资本支出强度资本支出/营收 | 4.6% | 7.7% |
| 现金转化率经营现金流/净利润 | 0.41× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $511.0M |
8季度趋势，按日历期对齐
经营现金流FNINGR
| Q4 25 | $46.3M | $405.0M | ||
| Q3 25 | $102.6M | $277.0M | ||
| Q2 25 | $55.1M | $185.0M | ||
| Q1 25 | $74.2M | $77.0M | ||
| Q4 24 | $115.9M | $436.0M | ||
| Q3 24 | $83.2M | $479.0M | ||
| Q2 24 | $83.1M | $312.0M | ||
| Q1 24 | $100.9M | $209.0M |
自由现金流FNINGR
| Q4 25 | $-5.3M | $270.0M | ||
| Q3 25 | $57.3M | $172.0M | ||
| Q2 25 | $4.7M | $84.0M | ||
| Q1 25 | $45.7M | $-15.0M | ||
| Q4 24 | $94.0M | $311.0M | ||
| Q3 24 | $62.9M | $429.0M | ||
| Q2 24 | $70.4M | $257.0M | ||
| Q1 24 | $87.3M | $144.0M |
自由现金流率FNINGR
| Q4 25 | -0.5% | 15.4% | ||
| Q3 25 | 5.9% | 9.5% | ||
| Q2 25 | 0.5% | 4.6% | ||
| Q1 25 | 5.2% | -0.8% | ||
| Q4 24 | 11.3% | 17.3% | ||
| Q3 24 | 7.8% | 22.9% | ||
| Q2 24 | 9.3% | 13.7% | ||
| Q1 24 | 11.9% | 7.7% |
资本支出强度FNINGR
| Q4 25 | 4.6% | 7.7% | ||
| Q3 25 | 4.6% | 5.8% | ||
| Q2 25 | 5.5% | 5.5% | ||
| Q1 25 | 3.3% | 5.1% | ||
| Q4 24 | 2.6% | 6.9% | ||
| Q3 24 | 2.5% | 2.7% | ||
| Q2 24 | 1.7% | 2.9% | ||
| Q1 24 | 1.9% | 3.5% |
现金转化率FNINGR
| Q4 25 | 0.41× | 2.43× | ||
| Q3 25 | 1.07× | 1.62× | ||
| Q2 25 | 0.63× | 0.94× | ||
| Q1 25 | 0.91× | 0.39× | ||
| Q4 24 | 1.34× | 4.49× | ||
| Q3 24 | 1.07× | 2.55× | ||
| Q2 24 | 1.02× | 2.11× | ||
| Q1 24 | 1.25× | 0.97× |
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% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
