vs
Fabrinet（FN）与STERLING INFRASTRUCTURE, INC.（STRL）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STERLING INFRASTRUCTURE, INC.的1.5倍（$1.1B vs $755.6M），STERLING INFRASTRUCTURE, INC.净利率更高（11.6% vs 9.9%，领先1.7%），STERLING INFRASTRUCTURE, INC.同比增速更快（51.5% vs 35.9%），STERLING INFRASTRUCTURE, INC.自由现金流更多（$159.7M vs $-5.3M），过去两年STERLING INFRASTRUCTURE, INC.的营收复合增速更高（31.0% 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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
FN vs STRL — 直观对比
营收规模更大
FN
是对方的1.5倍
$755.6M
营收增速更快
STRL
高出15.6%
35.9%
净利率更高
STRL
高出1.7%
9.9%
自由现金流更多
STRL
多$165.0M
$-5.3M
两年增速更快
STRL
近两年复合增速
24.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $755.6M |
| 净利润 | $112.6M | $87.6M |
| 毛利率 | 12.2% | 21.7% |
| 营业利润率 | 10.1% | 15.9% |
| 净利率 | 9.9% | 11.6% |
| 营收同比 | 35.9% | 51.5% |
| 净利润同比 | 30.0% | -22.6% |
| 每股收益（稀释后） | $3.11 | $2.82 |
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FNSTRL
| Q4 25 | $1.1B | $755.6M | ||
| Q3 25 | $978.1M | $689.0M | ||
| Q2 25 | $909.7M | $614.5M | ||
| Q1 25 | $871.8M | $430.9M | ||
| Q4 24 | $833.6M | $498.8M | ||
| Q3 24 | $804.2M | $593.7M | ||
| Q2 24 | $753.3M | $582.8M | ||
| Q1 24 | $731.5M | $440.4M |
净利润FNSTRL
| Q4 25 | $112.6M | $87.6M | ||
| Q3 25 | $95.9M | $92.1M | ||
| Q2 25 | $87.2M | $71.0M | ||
| Q1 25 | $81.3M | $39.5M | ||
| Q4 24 | $86.6M | $113.2M | ||
| Q3 24 | $77.4M | $61.3M | ||
| Q2 24 | $81.1M | $51.9M | ||
| Q1 24 | $80.9M | $31.0M |
毛利率FNSTRL
| Q4 25 | 12.2% | 21.7% | ||
| Q3 25 | 11.9% | 24.7% | ||
| Q2 25 | 12.2% | 23.3% | ||
| Q1 25 | 11.7% | 22.0% | ||
| Q4 24 | 12.1% | 21.4% | ||
| Q3 24 | 12.3% | 21.9% | ||
| Q2 24 | 12.3% | 19.3% | ||
| Q1 24 | 12.4% | 17.5% |
营业利润率FNSTRL
| Q4 25 | 10.1% | 15.9% | ||
| Q3 25 | 9.6% | 18.2% | ||
| Q2 25 | 9.8% | 17.0% | ||
| Q1 25 | 9.0% | 13.0% | ||
| Q4 24 | 9.5% | 12.5% | ||
| Q3 24 | 9.6% | 14.7% | ||
| Q2 24 | 9.7% | 12.5% | ||
| Q1 24 | 9.7% | 9.6% |
净利率FNSTRL
| Q4 25 | 9.9% | 11.6% | ||
| Q3 25 | 9.8% | 13.4% | ||
| Q2 25 | 9.6% | 11.6% | ||
| Q1 25 | 9.3% | 9.2% | ||
| Q4 24 | 10.4% | 22.7% | ||
| Q3 24 | 9.6% | 10.3% | ||
| Q2 24 | 10.8% | 8.9% | ||
| Q1 24 | 11.1% | 7.1% |
每股收益（稀释后）FNSTRL
| Q4 25 | $3.11 | $2.82 | ||
| Q3 25 | $2.66 | $2.97 | ||
| Q2 25 | $2.41 | $2.31 | ||
| Q1 25 | $2.25 | $1.28 | ||
| Q4 24 | $2.38 | $3.63 | ||
| Q3 24 | $2.13 | $1.97 | ||
| Q2 24 | $2.22 | $1.67 | ||
| Q1 24 | $2.21 | $1.00 |
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 | $390.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $1.1B |
| 总资产 | $3.3B | $2.6B |
| 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FNSTRL
| Q4 25 | $960.8M | $390.7M | ||
| Q3 25 | $968.8M | $306.4M | ||
| Q2 25 | $934.2M | $699.4M | ||
| Q1 25 | $950.7M | $638.6M | ||
| Q4 24 | $934.6M | $664.2M | ||
| Q3 24 | $908.9M | $648.1M | ||
| Q2 24 | $858.6M | $540.0M | ||
| Q1 24 | $794.0M | $480.4M |
股东权益FNSTRL
| Q4 25 | $2.2B | $1.1B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $2.0B | $881.7M | ||
| Q1 25 | $1.9B | $805.4M | ||
| Q4 24 | $1.8B | $808.1M | ||
| Q3 24 | $1.8B | $716.5M | ||
| Q2 24 | $1.7B | $670.7M | ||
| Q1 24 | $1.7B | $644.6M |
总资产FNSTRL
| Q4 25 | $3.3B | $2.6B | ||
| Q3 25 | $3.0B | $2.6B | ||
| Q2 25 | $2.8B | $2.2B | ||
| Q1 25 | $2.6B | $2.0B | ||
| Q4 24 | $2.5B | $2.0B | ||
| Q3 24 | $2.4B | $2.0B | ||
| Q2 24 | $2.3B | $2.0B | ||
| Q1 24 | $2.2B | $1.8B |
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 | $186.1M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $159.7M |
| 自由现金流率自由现金流/营收 | -0.5% | 21.1% |
| 资本支出强度资本支出/营收 | 4.6% | 3.5% |
| 现金转化率经营现金流/净利润 | 0.41× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $362.7M |
8季度趋势，按日历期对齐
经营现金流FNSTRL
| Q4 25 | $46.3M | $186.1M | ||
| Q3 25 | $102.6M | $83.6M | ||
| Q2 25 | $55.1M | $85.4M | ||
| Q1 25 | $74.2M | $84.9M | ||
| Q4 24 | $115.9M | $174.3M | ||
| Q3 24 | $83.2M | $152.3M | ||
| Q2 24 | $83.1M | $121.0M | ||
| Q1 24 | $100.9M | $49.6M |
自由现金流FNSTRL
| Q4 25 | $-5.3M | $159.7M | ||
| Q3 25 | $57.3M | $64.0M | ||
| Q2 25 | $4.7M | $72.1M | ||
| Q1 25 | $45.7M | $67.0M | ||
| Q4 24 | $94.0M | $158.6M | ||
| Q3 24 | $62.9M | $138.3M | ||
| Q2 24 | $70.4M | $92.1M | ||
| Q1 24 | $87.3M | $27.2M |
自由现金流率FNSTRL
| Q4 25 | -0.5% | 21.1% | ||
| Q3 25 | 5.9% | 9.3% | ||
| Q2 25 | 0.5% | 11.7% | ||
| Q1 25 | 5.2% | 15.5% | ||
| Q4 24 | 11.3% | 31.8% | ||
| Q3 24 | 7.8% | 23.3% | ||
| Q2 24 | 9.3% | 15.8% | ||
| Q1 24 | 11.9% | 6.2% |
资本支出强度FNSTRL
| Q4 25 | 4.6% | 3.5% | ||
| Q3 25 | 4.6% | 2.9% | ||
| Q2 25 | 5.5% | 2.2% | ||
| Q1 25 | 3.3% | 4.2% | ||
| Q4 24 | 2.6% | 3.1% | ||
| Q3 24 | 2.5% | 2.4% | ||
| Q2 24 | 1.7% | 5.0% | ||
| Q1 24 | 1.9% | 5.1% |
现金转化率FNSTRL
| Q4 25 | 0.41× | 2.12× | ||
| Q3 25 | 1.07× | 0.91× | ||
| Q2 25 | 0.63× | 1.20× | ||
| Q1 25 | 0.91× | 2.15× | ||
| Q4 24 | 1.34× | 1.54× | ||
| Q3 24 | 1.07× | 2.48× | ||
| Q2 24 | 1.02× | 2.33× | ||
| Q1 24 | 1.25× | 1.60× |
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% |
STRL
| Lump Sum | $464.9M | 62% |
| Heavy Highway | $99.6M | 13% |
| Residential Construction | $70.4M | 9% |
| Road And Highway Builders LLC | $52.4M | 7% |
| Other Revenue | $36.6M | 5% |
| Aviation | $16.6M | 2% |
| Commercial | $11.4M | 2% |
| Related Party | $600.0K | 0% |
