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Fabrinet（FN）与MIDDLEBY Corp（MIDD）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MIDDLEBY Corp的1.3倍（$1.1B vs $866.4M），Fabrinet净利率更高（9.9% vs 4.3%，领先5.7%），Fabrinet同比增速更快（35.9% vs -30.6%），MIDDLEBY Corp自由现金流更多（$165.5M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs -3.3%）
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。
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
FN vs MIDD — 直观对比
营收规模更大
FN
是对方的1.3倍
$866.4M
营收增速更快
FN
高出66.5%
-30.6%
净利率更高
FN
高出5.7%
4.3%
自由现金流更多
MIDD
多$170.9M
$-5.3M
两年增速更快
FN
近两年复合增速
-3.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $866.4M |
| 净利润 | $112.6M | $36.9M |
| 毛利率 | 12.2% | 38.8% |
| 营业利润率 | 10.1% | 17.3% |
| 净利率 | 9.9% | 4.3% |
| 营收同比 | 35.9% | -30.6% |
| 净利润同比 | 30.0% | -67.1% |
| 每股收益（稀释后） | $3.11 | $0.74 |
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FNMIDD
| Q4 25 | $1.1B | $866.4M | ||
| Q3 25 | $978.1M | $982.1M | ||
| Q2 25 | $909.7M | $977.9M | ||
| Q1 25 | $871.8M | $906.6M | ||
| Q4 24 | $833.6M | $1.0B | ||
| Q3 24 | $804.2M | $942.8M | ||
| Q2 24 | $753.3M | $991.5M | ||
| Q1 24 | $731.5M | $926.9M |
净利润FNMIDD
| Q4 25 | $112.6M | $36.9M | ||
| Q3 25 | $95.9M | $-513.0M | ||
| Q2 25 | $87.2M | $106.0M | ||
| Q1 25 | $81.3M | $92.4M | ||
| Q4 24 | $86.6M | $112.3M | ||
| Q3 24 | $77.4M | $114.2M | ||
| Q2 24 | $81.1M | $115.4M | ||
| Q1 24 | $80.9M | $86.6M |
毛利率FNMIDD
| Q4 25 | 12.2% | 38.8% | ||
| Q3 25 | 11.9% | 36.8% | ||
| Q2 25 | 12.2% | 38.0% | ||
| Q1 25 | 11.7% | 38.2% | ||
| Q4 24 | 12.1% | 38.4% | ||
| Q3 24 | 12.3% | 37.7% | ||
| Q2 24 | 12.3% | 38.3% | ||
| Q1 24 | 12.4% | 37.4% |
营业利润率FNMIDD
| Q4 25 | 10.1% | 17.3% | ||
| Q3 25 | 9.6% | -56.4% | ||
| Q2 25 | 9.8% | 15.9% | ||
| Q1 25 | 9.0% | 15.5% | ||
| Q4 24 | 9.5% | 16.8% | ||
| Q3 24 | 9.6% | 18.4% | ||
| Q2 24 | 9.7% | 17.7% | ||
| Q1 24 | 9.7% | 14.8% |
净利率FNMIDD
| Q4 25 | 9.9% | 4.3% | ||
| Q3 25 | 9.8% | -52.2% | ||
| Q2 25 | 9.6% | 10.8% | ||
| Q1 25 | 9.3% | 10.2% | ||
| Q4 24 | 10.4% | 11.1% | ||
| Q3 24 | 9.6% | 12.1% | ||
| Q2 24 | 10.8% | 11.6% | ||
| Q1 24 | 11.1% | 9.3% |
每股收益（稀释后）FNMIDD
| Q4 25 | $3.11 | $0.74 | ||
| Q3 25 | $2.66 | $-10.15 | ||
| Q2 25 | $2.41 | $1.99 | ||
| Q1 25 | $2.25 | $1.69 | ||
| Q4 24 | $2.38 | $2.07 | ||
| Q3 24 | $2.13 | $2.11 | ||
| Q2 24 | $2.22 | $2.13 | ||
| Q1 24 | $2.21 | $1.59 |
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 | $222.2M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $2.2B | $2.8B |
| 总资产 | $3.3B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 0.78× |
8季度趋势，按日历期对齐
现金及短期投资FNMIDD
| Q4 25 | $960.8M | $222.2M | ||
| Q3 25 | $968.8M | $175.1M | ||
| Q2 25 | $934.2M | $511.5M | ||
| Q1 25 | $950.7M | $745.1M | ||
| Q4 24 | $934.6M | $689.5M | ||
| Q3 24 | $908.9M | $606.0M | ||
| Q2 24 | $858.6M | $459.5M | ||
| Q1 24 | $794.0M | $341.0M |
总债务FNMIDD
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FNMIDD
| Q4 25 | $2.2B | $2.8B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $1.9B | $3.7B | ||
| Q4 24 | $1.8B | $3.6B | ||
| Q3 24 | $1.8B | $3.6B | ||
| Q2 24 | $1.7B | $3.4B | ||
| Q1 24 | $1.7B | $3.3B |
总资产FNMIDD
| Q4 25 | $3.3B | $6.3B | ||
| Q3 25 | $3.0B | $6.4B | ||
| Q2 25 | $2.8B | $7.3B | ||
| Q1 25 | $2.6B | $7.4B | ||
| Q4 24 | $2.5B | $7.3B | ||
| Q3 24 | $2.4B | $7.2B | ||
| Q2 24 | $2.3B | $7.0B | ||
| Q1 24 | $2.2B | $6.9B |
负债/权益比FNMIDD
| Q4 25 | — | 0.78× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.66× | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $165.5M |
| 自由现金流率自由现金流/营收 | -0.5% | 19.1% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $102.3M | $530.1M |
8季度趋势，按日历期对齐
经营现金流FNMIDD
| Q4 25 | $46.3M | — | ||
| Q3 25 | $102.6M | $176.3M | ||
| Q2 25 | $55.1M | $122.0M | ||
| Q1 25 | $74.2M | $141.1M | ||
| Q4 24 | $115.9M | $239.7M | ||
| Q3 24 | $83.2M | $156.7M | ||
| Q2 24 | $83.1M | $149.5M | ||
| Q1 24 | $100.9M | $140.9M |
自由现金流FNMIDD
| Q4 25 | $-5.3M | $165.5M | ||
| Q3 25 | $57.3M | $156.1M | ||
| Q2 25 | $4.7M | $101.1M | ||
| Q1 25 | $45.7M | $107.4M | ||
| Q4 24 | $94.0M | $226.6M | ||
| Q3 24 | $62.9M | $145.2M | ||
| Q2 24 | $70.4M | $138.6M | ||
| Q1 24 | $87.3M | $127.2M |
自由现金流率FNMIDD
| Q4 25 | -0.5% | 19.1% | ||
| Q3 25 | 5.9% | 15.9% | ||
| Q2 25 | 0.5% | 10.3% | ||
| Q1 25 | 5.2% | 11.8% | ||
| Q4 24 | 11.3% | 22.3% | ||
| Q3 24 | 7.8% | 15.4% | ||
| Q2 24 | 9.3% | 14.0% | ||
| Q1 24 | 11.9% | 13.7% |
资本支出强度FNMIDD
| Q4 25 | 4.6% | 1.5% | ||
| Q3 25 | 4.6% | 2.1% | ||
| Q2 25 | 5.5% | 2.1% | ||
| Q1 25 | 3.3% | 3.7% | ||
| Q4 24 | 2.6% | 1.3% | ||
| Q3 24 | 2.5% | 1.2% | ||
| Q2 24 | 1.7% | 1.1% | ||
| Q1 24 | 1.9% | 1.5% |
现金转化率FNMIDD
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | 1.15× | ||
| Q1 25 | 0.91× | 1.53× | ||
| Q4 24 | 1.34× | 2.13× | ||
| Q3 24 | 1.07× | 1.37× | ||
| Q2 24 | 1.02× | 1.30× | ||
| Q1 24 | 1.25× | 1.63× |
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% |
MIDD
暂无分部数据
