vs
Fabrinet（FN）与PTC Inc.（PTC）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PTC Inc.的1.7倍（$1.1B vs $685.8M），PTC Inc.净利率更高（24.3% vs 9.9%，领先14.3%），Fabrinet同比增速更快（35.9% vs 21.4%），PTC Inc.自由现金流更多（$267.4M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 6.6%）
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。
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
FN vs PTC — 直观对比
营收规模更大
FN
是对方的1.7倍
$685.8M
营收增速更快
FN
高出14.5%
21.4%
净利率更高
PTC
高出14.3%
9.9%
自由现金流更多
PTC
多$272.8M
$-5.3M
两年增速更快
FN
近两年复合增速
6.6%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $685.8M |
| 净利润 | $112.6M | $166.5M |
| 毛利率 | 12.2% | 82.8% |
| 营业利润率 | 10.1% | 32.2% |
| 净利率 | 9.9% | 24.3% |
| 营收同比 | 35.9% | 21.4% |
| 净利润同比 | 30.0% | 102.5% |
| 每股收益（稀释后） | $3.11 | $1.39 |
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FNPTC
| Q4 25 | $1.1B | $685.8M | ||
| Q3 25 | $978.1M | $893.8M | ||
| Q2 25 | $909.7M | $643.9M | ||
| Q1 25 | $871.8M | $636.4M | ||
| Q4 24 | $833.6M | $565.1M | ||
| Q3 24 | $804.2M | $626.5M | ||
| Q2 24 | $753.3M | $518.6M | ||
| Q1 24 | $731.5M | $603.1M |
净利润FNPTC
| Q4 25 | $112.6M | $166.5M | ||
| Q3 25 | $95.9M | $347.8M | ||
| Q2 25 | $87.2M | $141.3M | ||
| Q1 25 | $81.3M | $162.6M | ||
| Q4 24 | $86.6M | $82.2M | ||
| Q3 24 | $77.4M | $126.5M | ||
| Q2 24 | $81.1M | $69.0M | ||
| Q1 24 | $80.9M | $114.4M |
毛利率FNPTC
| Q4 25 | 12.2% | 82.8% | ||
| Q3 25 | 11.9% | 86.9% | ||
| Q2 25 | 12.2% | 82.9% | ||
| Q1 25 | 11.7% | 83.3% | ||
| Q4 24 | 12.1% | 80.2% | ||
| Q3 24 | 12.3% | 82.0% | ||
| Q2 24 | 12.3% | 78.4% | ||
| Q1 24 | 12.4% | 81.8% |
营业利润率FNPTC
| Q4 25 | 10.1% | 32.2% | ||
| Q3 25 | 9.6% | 48.5% | ||
| Q2 25 | 9.8% | 32.6% | ||
| Q1 25 | 9.0% | 35.1% | ||
| Q4 24 | 9.5% | 20.4% | ||
| Q3 24 | 9.6% | 31.0% | ||
| Q2 24 | 9.7% | 18.5% | ||
| Q1 24 | 9.7% | 29.8% |
净利率FNPTC
| Q4 25 | 9.9% | 24.3% | ||
| Q3 25 | 9.8% | 38.9% | ||
| Q2 25 | 9.6% | 21.9% | ||
| Q1 25 | 9.3% | 25.6% | ||
| Q4 24 | 10.4% | 14.6% | ||
| Q3 24 | 9.6% | 20.2% | ||
| Q2 24 | 10.8% | 13.3% | ||
| Q1 24 | 11.1% | 19.0% |
每股收益（稀释后）FNPTC
| Q4 25 | $3.11 | $1.39 | ||
| Q3 25 | $2.66 | $2.88 | ||
| Q2 25 | $2.41 | $1.17 | ||
| Q1 25 | $2.25 | $1.35 | ||
| Q4 24 | $2.38 | $0.68 | ||
| Q3 24 | $2.13 | $1.05 | ||
| Q2 24 | $2.22 | $0.57 | ||
| Q1 24 | $2.21 | $0.95 |
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 | $209.7M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $2.2B | $3.8B |
| 总资产 | $3.3B | $6.4B |
| 负债/权益比越低杠杆越低 | — | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资FNPTC
| Q4 25 | $960.8M | $209.7M | ||
| Q3 25 | $968.8M | $184.4M | ||
| Q2 25 | $934.2M | $199.3M | ||
| Q1 25 | $950.7M | $235.2M | ||
| Q4 24 | $934.6M | $196.3M | ||
| Q3 24 | $908.9M | $265.8M | ||
| Q2 24 | $858.6M | $247.7M | ||
| Q1 24 | $794.0M | $249.0M |
总债务FNPTC
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.5B |
股东权益FNPTC
| Q4 25 | $2.2B | $3.8B | ||
| Q3 25 | $2.1B | $3.8B | ||
| Q2 25 | $2.0B | $3.5B | ||
| Q1 25 | $1.9B | $3.4B | ||
| Q4 24 | $1.8B | $3.2B | ||
| Q3 24 | $1.8B | $3.2B | ||
| Q2 24 | $1.7B | $3.0B | ||
| Q1 24 | $1.7B | $2.9B |
总资产FNPTC
| Q4 25 | $3.3B | $6.4B | ||
| Q3 25 | $3.0B | $6.6B | ||
| Q2 25 | $2.8B | $6.2B | ||
| Q1 25 | $2.6B | $6.2B | ||
| Q4 24 | $2.5B | $6.1B | ||
| Q3 24 | $2.4B | $6.4B | ||
| Q2 24 | $2.3B | $6.1B | ||
| Q1 24 | $2.2B | $6.2B |
负债/权益比FNPTC
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.43× | ||
| 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 | $269.7M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $267.4M |
| 自由现金流率自由现金流/营收 | -0.5% | 39.0% |
| 资本支出强度资本支出/营收 | 4.6% | 0.3% |
| 现金转化率经营现金流/净利润 | 0.41× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $888.4M |
8季度趋势，按日历期对齐
经营现金流FNPTC
| Q4 25 | $46.3M | $269.7M | ||
| Q3 25 | $102.6M | $104.0M | ||
| Q2 25 | $55.1M | $243.9M | ||
| Q1 25 | $74.2M | $281.3M | ||
| Q4 24 | $115.9M | $238.4M | ||
| Q3 24 | $83.2M | $98.1M | ||
| Q2 24 | $83.1M | $213.8M | ||
| Q1 24 | $100.9M | $250.7M |
自由现金流FNPTC
| Q4 25 | $-5.3M | $267.4M | ||
| Q3 25 | $57.3M | $100.5M | ||
| Q2 25 | $4.7M | $242.0M | ||
| Q1 25 | $45.7M | $278.5M | ||
| Q4 24 | $94.0M | $235.7M | ||
| Q3 24 | $62.9M | $93.6M | ||
| Q2 24 | $70.4M | $212.2M | ||
| Q1 24 | $87.3M | $247.1M |
自由现金流率FNPTC
| Q4 25 | -0.5% | 39.0% | ||
| Q3 25 | 5.9% | 11.2% | ||
| Q2 25 | 0.5% | 37.6% | ||
| Q1 25 | 5.2% | 43.8% | ||
| Q4 24 | 11.3% | 41.7% | ||
| Q3 24 | 7.8% | 14.9% | ||
| Q2 24 | 9.3% | 40.9% | ||
| Q1 24 | 11.9% | 41.0% |
资本支出强度FNPTC
| Q4 25 | 4.6% | 0.3% | ||
| Q3 25 | 4.6% | 0.4% | ||
| Q2 25 | 5.5% | 0.3% | ||
| Q1 25 | 3.3% | 0.4% | ||
| Q4 24 | 2.6% | 0.5% | ||
| Q3 24 | 2.5% | 0.7% | ||
| Q2 24 | 1.7% | 0.3% | ||
| Q1 24 | 1.9% | 0.6% |
现金转化率FNPTC
| Q4 25 | 0.41× | 1.62× | ||
| Q3 25 | 1.07× | 0.30× | ||
| Q2 25 | 0.63× | 1.73× | ||
| Q1 25 | 0.91× | 1.73× | ||
| Q4 24 | 1.34× | 2.90× | ||
| Q3 24 | 1.07× | 0.78× | ||
| Q2 24 | 1.02× | 3.10× | ||
| Q1 24 | 1.25× | 2.19× |
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% |
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
