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Fabrinet（FN）与TreeHouse Foods, Inc.（THS）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TreeHouse Foods, Inc.的1.3倍（$1.1B vs $840.3M），Fabrinet净利率更高（9.9% vs -31.6%，领先41.6%），Fabrinet同比增速更快（35.9% vs 0.1%），过去两年Fabrinet的营收复合增速更高（24.4% vs -3.9%）
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。
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
FN vs THS — 直观对比
营收规模更大
FN
是对方的1.3倍
$840.3M
营收增速更快
FN
高出35.8%
0.1%
净利率更高
FN
高出41.6%
-31.6%
两年增速更快
FN
近两年复合增速
-3.9%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $840.3M |
| 净利润 | $112.6M | $-265.8M |
| 毛利率 | 12.2% | 18.8% |
| 营业利润率 | 10.1% | -30.2% |
| 净利率 | 9.9% | -31.6% |
| 营收同比 | 35.9% | 0.1% |
| 净利润同比 | 30.0% | -7717.6% |
| 每股收益（稀释后） | $3.11 | $-5.26 |
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FNTHS
| Q4 25 | $1.1B | — | ||
| Q3 25 | $978.1M | $840.3M | ||
| Q2 25 | $909.7M | $798.0M | ||
| Q1 25 | $871.8M | $792.0M | ||
| Q4 24 | $833.6M | $905.7M | ||
| Q3 24 | $804.2M | $839.1M | ||
| Q2 24 | $753.3M | $788.5M | ||
| Q1 24 | $731.5M | $820.7M |
净利润FNTHS
| Q4 25 | $112.6M | — | ||
| Q3 25 | $95.9M | $-265.8M | ||
| Q2 25 | $87.2M | $-2.9M | ||
| Q1 25 | $81.3M | $-31.8M | ||
| Q4 24 | $86.6M | $58.7M | ||
| Q3 24 | $77.4M | $-3.4M | ||
| Q2 24 | $81.1M | $-16.7M | ||
| Q1 24 | $80.9M | $-11.7M |
毛利率FNTHS
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | 18.8% | ||
| Q2 25 | 12.2% | 17.4% | ||
| Q1 25 | 11.7% | 14.5% | ||
| Q4 24 | 12.1% | 19.5% | ||
| Q3 24 | 12.3% | 15.6% | ||
| Q2 24 | 12.3% | 16.3% | ||
| Q1 24 | 12.4% | 13.6% |
营业利润率FNTHS
| Q4 25 | 10.1% | — | ||
| Q3 25 | 9.6% | -30.2% | ||
| Q2 25 | 9.8% | 3.4% | ||
| Q1 25 | 9.0% | -0.7% | ||
| Q4 24 | 9.5% | 8.9% | ||
| Q3 24 | 9.6% | 3.8% | ||
| Q2 24 | 9.7% | -0.5% | ||
| Q1 24 | 9.7% | -0.6% |
净利率FNTHS
| Q4 25 | 9.9% | — | ||
| Q3 25 | 9.8% | -31.6% | ||
| Q2 25 | 9.6% | -0.4% | ||
| Q1 25 | 9.3% | -4.0% | ||
| Q4 24 | 10.4% | 6.5% | ||
| Q3 24 | 9.6% | -0.4% | ||
| Q2 24 | 10.8% | -2.1% | ||
| Q1 24 | 11.1% | -1.4% |
每股收益（稀释后）FNTHS
| Q4 25 | $3.11 | — | ||
| Q3 25 | $2.66 | $-5.26 | ||
| Q2 25 | $2.41 | $-0.06 | ||
| Q1 25 | $2.25 | $-0.63 | ||
| Q4 24 | $2.38 | $1.12 | ||
| Q3 24 | $2.13 | $-0.07 | ||
| Q2 24 | $2.22 | $-0.32 | ||
| Q1 24 | $2.21 | $-0.22 |
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 | $21.0M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $2.2B | $1.3B |
| 总资产 | $3.3B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资FNTHS
| Q4 25 | $960.8M | — | ||
| Q3 25 | $968.8M | $21.0M | ||
| Q2 25 | $934.2M | $17.1M | ||
| Q1 25 | $950.7M | $16.4M | ||
| Q4 24 | $934.6M | $289.6M | ||
| Q3 24 | $908.9M | $102.0M | ||
| Q2 24 | $858.6M | $105.8M | ||
| Q1 24 | $794.0M | $191.8M |
总债务FNTHS
| Q4 25 | — | — | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益FNTHS
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.0B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.7B | $1.6B |
总资产FNTHS
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.0B | $3.8B | ||
| Q2 25 | $2.8B | $4.0B | ||
| Q1 25 | $2.6B | $3.9B | ||
| Q4 24 | $2.5B | $4.0B | ||
| Q3 24 | $2.4B | $4.0B | ||
| Q2 24 | $2.3B | $3.9B | ||
| Q1 24 | $2.2B | $4.0B |
负债/权益比FNTHS
| Q4 25 | — | — | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 0.90× | ||
| Q1 24 | — | 0.87× |
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 | $38.2M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 资本支出强度资本支出/营收 | 4.6% | — |
| 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季度趋势，按日历期对齐
经营现金流FNTHS
| Q4 25 | $46.3M | — | ||
| Q3 25 | $102.6M | $38.2M | ||
| Q2 25 | $55.1M | $-47.2M | ||
| Q1 25 | $74.2M | $-53.5M | ||
| Q4 24 | $115.9M | $296.2M | ||
| Q3 24 | $83.2M | $41.4M | ||
| Q2 24 | $83.1M | $-19.4M | ||
| Q1 24 | $100.9M | $-52.4M |
自由现金流FNTHS
| Q4 25 | $-5.3M | — | ||
| Q3 25 | $57.3M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $45.7M | — | ||
| Q4 24 | $94.0M | — | ||
| Q3 24 | $62.9M | — | ||
| Q2 24 | $70.4M | $-42.2M | ||
| Q1 24 | $87.3M | $-80.7M |
自由现金流率FNTHS
| Q4 25 | -0.5% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 11.3% | — | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 9.3% | -5.4% | ||
| Q1 24 | 11.9% | -9.8% |
资本支出强度FNTHS
| Q4 25 | 4.6% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.5% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 1.7% | 2.9% | ||
| Q1 24 | 1.9% | 3.4% |
现金转化率FNTHS
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | 5.05× | ||
| 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% |
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
