vs
Fabrinet（FN）与欧文斯科宁（OC）财务数据对比。点击上方公司名可切换其他公司
欧文斯科宁的季度营收约是Fabrinet的1.9倍（$2.1B vs $1.1B），Fabrinet净利率更高（9.9% vs -13.9%，领先23.9%），Fabrinet同比增速更快（35.9% vs -24.6%），欧文斯科宁自由现金流更多（$333.0M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs -3.5%）
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。
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
FN vs OC — 直观对比
营收规模更大
OC
是对方的1.9倍
$1.1B
营收增速更快
FN
高出60.5%
-24.6%
净利率更高
FN
高出23.9%
-13.9%
自由现金流更多
OC
多$338.3M
$-5.3M
两年增速更快
FN
近两年复合增速
-3.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $2.1B |
| 净利润 | $112.6M | $-298.0M |
| 毛利率 | 12.2% | 23.2% |
| 营业利润率 | 10.1% | -10.5% |
| 净利率 | 9.9% | -13.9% |
| 营收同比 | 35.9% | -24.6% |
| 净利润同比 | 30.0% | -15.5% |
| 每股收益（稀释后） | $3.11 | $-3.47 |
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FNOC
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $978.1M | $2.7B | ||
| Q2 25 | $909.7M | $2.7B | ||
| Q1 25 | $871.8M | $2.5B | ||
| Q4 24 | $833.6M | $2.8B | ||
| Q3 24 | $804.2M | $3.0B | ||
| Q2 24 | $753.3M | $2.8B | ||
| Q1 24 | $731.5M | $2.3B |
净利润FNOC
| Q4 25 | $112.6M | $-298.0M | ||
| Q3 25 | $95.9M | $-494.0M | ||
| Q2 25 | $87.2M | $363.0M | ||
| Q1 25 | $81.3M | $-93.0M | ||
| Q4 24 | $86.6M | $-258.0M | ||
| Q3 24 | $77.4M | $321.0M | ||
| Q2 24 | $81.1M | $285.0M | ||
| Q1 24 | $80.9M | $299.0M |
毛利率FNOC
| Q4 25 | 12.2% | 23.2% | ||
| Q3 25 | 11.9% | 28.2% | ||
| Q2 25 | 12.2% | 31.2% | ||
| Q1 25 | 11.7% | 28.7% | ||
| Q4 24 | 12.1% | 28.1% | ||
| Q3 24 | 12.3% | 29.8% | ||
| Q2 24 | 12.3% | 31.1% | ||
| Q1 24 | 12.4% | 29.6% |
营业利润率FNOC
| Q4 25 | 10.1% | -10.5% | ||
| Q3 25 | 9.6% | -12.2% | ||
| Q2 25 | 9.8% | 18.4% | ||
| Q1 25 | 9.0% | 16.1% | ||
| Q4 24 | 9.5% | -8.5% | ||
| Q3 24 | 9.6% | 16.7% | ||
| Q2 24 | 9.7% | 16.4% | ||
| Q1 24 | 9.7% | 17.5% |
净利率FNOC
| Q4 25 | 9.9% | -13.9% | ||
| Q3 25 | 9.8% | -18.4% | ||
| Q2 25 | 9.6% | 13.2% | ||
| Q1 25 | 9.3% | -3.7% | ||
| Q4 24 | 10.4% | -9.1% | ||
| Q3 24 | 9.6% | 10.5% | ||
| Q2 24 | 10.8% | 10.2% | ||
| Q1 24 | 11.1% | 13.0% |
每股收益（稀释后）FNOC
| Q4 25 | $3.11 | $-3.47 | ||
| Q3 25 | $2.66 | $-5.92 | ||
| Q2 25 | $2.41 | $4.25 | ||
| Q1 25 | $2.25 | $-1.08 | ||
| Q4 24 | $2.38 | $-2.92 | ||
| Q3 24 | $2.13 | $3.65 | ||
| Q2 24 | $2.22 | $3.24 | ||
| Q1 24 | $2.21 | $3.40 |
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 | $345.0M |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $2.2B | $3.9B |
| 总资产 | $3.3B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 1.22× |
8季度趋势，按日历期对齐
现金及短期投资FNOC
| Q4 25 | $960.8M | $345.0M | ||
| Q3 25 | $968.8M | $286.0M | ||
| Q2 25 | $934.2M | $230.0M | ||
| Q1 25 | $950.7M | $400.0M | ||
| Q4 24 | $934.6M | $361.0M | ||
| Q3 24 | $908.9M | $499.0M | ||
| Q2 24 | $858.6M | $254.0M | ||
| Q1 24 | $794.0M | $1.3B |
总债务FNOC
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $5.0B | ||
| Q1 24 | — | $2.6B |
股东权益FNOC
| Q4 25 | $2.2B | $3.9B | ||
| Q3 25 | $2.1B | $4.4B | ||
| Q2 25 | $2.0B | $5.2B | ||
| Q1 25 | $1.9B | $4.9B | ||
| Q4 24 | $1.8B | $5.1B | ||
| Q3 24 | $1.8B | $5.6B | ||
| Q2 24 | $1.7B | $5.5B | ||
| Q1 24 | $1.7B | $5.2B |
总资产FNOC
| Q4 25 | $3.3B | $13.0B | ||
| Q3 25 | $3.0B | $13.5B | ||
| Q2 25 | $2.8B | $14.5B | ||
| Q1 25 | $2.6B | $14.3B | ||
| Q4 24 | $2.5B | $14.1B | ||
| Q3 24 | $2.4B | $15.1B | ||
| Q2 24 | $2.3B | $15.0B | ||
| Q1 24 | $2.2B | $11.3B |
负债/权益比FNOC
| Q4 25 | — | 1.22× | ||
| Q3 25 | — | 1.06× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.92× | ||
| Q1 24 | — | 0.51× |
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 | $590.0M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $333.0M |
| 自由现金流率自由现金流/营收 | -0.5% | 15.5% |
| 资本支出强度资本支出/营收 | 4.6% | 12.0% |
| 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 | $962.0M |
8季度趋势，按日历期对齐
经营现金流FNOC
| Q4 25 | $46.3M | $590.0M | ||
| Q3 25 | $102.6M | $918.0M | ||
| Q2 25 | $55.1M | $327.0M | ||
| Q1 25 | $74.2M | $-49.0M | ||
| Q4 24 | $115.9M | $676.0M | ||
| Q3 24 | $83.2M | $699.0M | ||
| Q2 24 | $83.1M | $493.0M | ||
| Q1 24 | $100.9M | $24.0M |
自由现金流FNOC
| Q4 25 | $-5.3M | $333.0M | ||
| Q3 25 | $57.3M | $752.0M | ||
| Q2 25 | $4.7M | $129.0M | ||
| Q1 25 | $45.7M | $-252.0M | ||
| Q4 24 | $94.0M | $479.0M | ||
| Q3 24 | $62.9M | $558.0M | ||
| Q2 24 | $70.4M | $336.0M | ||
| Q1 24 | $87.3M | $-128.0M |
自由现金流率FNOC
| Q4 25 | -0.5% | 15.5% | ||
| Q3 25 | 5.9% | 28.0% | ||
| Q2 25 | 0.5% | 4.7% | ||
| Q1 25 | 5.2% | -10.0% | ||
| Q4 24 | 11.3% | 16.9% | ||
| Q3 24 | 7.8% | 18.3% | ||
| Q2 24 | 9.3% | 12.0% | ||
| Q1 24 | 11.9% | -5.6% |
资本支出强度FNOC
| Q4 25 | 4.6% | 12.0% | ||
| Q3 25 | 4.6% | 6.2% | ||
| Q2 25 | 5.5% | 7.2% | ||
| Q1 25 | 3.3% | 8.0% | ||
| Q4 24 | 2.6% | 6.9% | ||
| Q3 24 | 2.5% | 4.6% | ||
| Q2 24 | 1.7% | 5.6% | ||
| Q1 24 | 1.9% | 6.6% |
现金转化率FNOC
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | 0.90× | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | 2.18× | ||
| Q2 24 | 1.02× | 1.73× | ||
| Q1 24 | 1.25× | 0.08× |
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% |
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
