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Fabrinet（FN）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Fabrinet的1.3倍（$1.5B vs $1.1B），Fabrinet净利率更高（9.9% vs -3.1%，领先13.1%），Fabrinet同比增速更快（35.9% vs -11.9%），Fabrinet自由现金流更多（$-5.3M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 24.4%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
FN vs RXO — 直观对比
营收规模更大
RXO
是对方的1.3倍
$1.1B
营收增速更快
FN
高出47.8%
-11.9%
净利率更高
FN
高出13.1%
-3.1%
自由现金流更多
FN
多$3.7M
$-9.0M
两年增速更快
RXO
近两年复合增速
24.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.5B |
| 净利润 | $112.6M | $-46.0M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 10.1% | -2.9% |
| 净利率 | 9.9% | -3.1% |
| 营收同比 | 35.9% | -11.9% |
| 净利润同比 | 30.0% | -84.0% |
| 每股收益（稀释后） | $3.11 | $-0.28 |
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FNRXO
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $978.1M | $1.4B | ||
| Q2 25 | $909.7M | $1.4B | ||
| Q1 25 | $871.8M | $1.4B | ||
| Q4 24 | $833.6M | $1.7B | ||
| Q3 24 | $804.2M | $1.0B | ||
| Q2 24 | $753.3M | $930.0M | ||
| Q1 24 | $731.5M | $913.0M |
净利润FNRXO
| Q4 25 | $112.6M | $-46.0M | ||
| Q3 25 | $95.9M | $-14.0M | ||
| Q2 25 | $87.2M | $-9.0M | ||
| Q1 25 | $81.3M | $-31.0M | ||
| Q4 24 | $86.6M | $-25.0M | ||
| Q3 24 | $77.4M | $-243.0M | ||
| Q2 24 | $81.1M | $-7.0M | ||
| Q1 24 | $80.9M | $-15.0M |
毛利率FNRXO
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 12.4% | — |
营业利润率FNRXO
| Q4 25 | 10.1% | -2.9% | ||
| Q3 25 | 9.6% | -0.5% | ||
| Q2 25 | 9.8% | — | ||
| Q1 25 | 9.0% | -2.1% | ||
| Q4 24 | 9.5% | -1.4% | ||
| Q3 24 | 9.6% | -1.9% | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 9.7% | -1.3% |
净利率FNRXO
| Q4 25 | 9.9% | -3.1% | ||
| Q3 25 | 9.8% | -1.0% | ||
| Q2 25 | 9.6% | -0.6% | ||
| Q1 25 | 9.3% | -2.2% | ||
| Q4 24 | 10.4% | -1.5% | ||
| Q3 24 | 9.6% | -23.4% | ||
| Q2 24 | 10.8% | -0.8% | ||
| Q1 24 | 11.1% | -1.6% |
每股收益（稀释后）FNRXO
| Q4 25 | $3.11 | $-0.28 | ||
| Q3 25 | $2.66 | $-0.08 | ||
| Q2 25 | $2.41 | $-0.05 | ||
| Q1 25 | $2.25 | $-0.18 | ||
| Q4 24 | $2.38 | $-0.17 | ||
| Q3 24 | $2.13 | $-1.81 | ||
| Q2 24 | $2.22 | $-0.06 | ||
| Q1 24 | $2.21 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $2.2B | $1.5B |
| 总资产 | $3.3B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资FNRXO
| Q4 25 | $960.8M | $17.0M | ||
| Q3 25 | $968.8M | $25.0M | ||
| Q2 25 | $934.2M | $18.0M | ||
| Q1 25 | $950.7M | $16.0M | ||
| Q4 24 | $934.6M | $35.0M | ||
| Q3 24 | $908.9M | $55.0M | ||
| Q2 24 | $858.6M | $7.0M | ||
| Q1 24 | $794.0M | $7.0M |
总债务FNRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益FNRXO
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $1.7B | $579.0M | ||
| Q1 24 | $1.7B | $582.0M |
总资产FNRXO
| Q4 25 | $3.3B | $3.3B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $2.8B | $3.2B | ||
| Q1 25 | $2.6B | $3.3B | ||
| Q4 24 | $2.5B | $3.4B | ||
| Q3 24 | $2.4B | $3.4B | ||
| Q2 24 | $2.3B | $1.8B | ||
| Q1 24 | $2.2B | $1.8B |
负债/权益比FNRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $-9.0M |
| 自由现金流率自由现金流/营收 | -0.5% | -0.6% |
| 资本支出强度资本支出/营收 | 4.6% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流FNRXO
| Q4 25 | $46.3M | $7.0M | ||
| Q3 25 | $102.6M | $23.0M | ||
| Q2 25 | $55.1M | $23.0M | ||
| Q1 25 | $74.2M | $-2.0M | ||
| Q4 24 | $115.9M | $-7.0M | ||
| Q3 24 | $83.2M | $-7.0M | ||
| Q2 24 | $83.1M | $-5.0M | ||
| Q1 24 | $100.9M | $7.0M |
自由现金流FNRXO
| Q4 25 | $-5.3M | $-9.0M | ||
| Q3 25 | $57.3M | $9.0M | ||
| Q2 25 | $4.7M | $9.0M | ||
| Q1 25 | $45.7M | $-17.0M | ||
| Q4 24 | $94.0M | $-19.0M | ||
| Q3 24 | $62.9M | $-18.0M | ||
| Q2 24 | $70.4M | $-16.0M | ||
| Q1 24 | $87.3M | $-4.0M |
自由现金流率FNRXO
| Q4 25 | -0.5% | -0.6% | ||
| Q3 25 | 5.9% | 0.6% | ||
| Q2 25 | 0.5% | 0.6% | ||
| Q1 25 | 5.2% | -1.2% | ||
| Q4 24 | 11.3% | -1.1% | ||
| Q3 24 | 7.8% | -1.7% | ||
| Q2 24 | 9.3% | -1.7% | ||
| Q1 24 | 11.9% | -0.4% |
资本支出强度FNRXO
| Q4 25 | 4.6% | 1.1% | ||
| Q3 25 | 4.6% | 1.0% | ||
| Q2 25 | 5.5% | 1.0% | ||
| Q1 25 | 3.3% | 1.0% | ||
| Q4 24 | 2.6% | 0.7% | ||
| Q3 24 | 2.5% | 1.1% | ||
| Q2 24 | 1.7% | 1.2% | ||
| Q1 24 | 1.9% | 1.2% |
现金转化率FNRXO
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | — | ||
| Q2 24 | 1.02× | — | ||
| Q1 24 | 1.25× | — |
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
