vs
Fabrinet（FN）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
TUTOR PERINI CORP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 1.9%，领先8.0%），TUTOR PERINI CORP同比增速更快（41.2% vs 35.9%），TUTOR PERINI CORP自由现金流更多（$98.7M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 19.9%）
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。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
FN vs TPC — 直观对比
营收规模更大
TPC
是对方的1.3倍
$1.1B
营收增速更快
TPC
高出5.3%
35.9%
净利率更高
FN
高出8.0%
1.9%
自由现金流更多
TPC
多$104.1M
$-5.3M
两年增速更快
FN
近两年复合增速
19.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.5B |
| 净利润 | $112.6M | $28.8M |
| 毛利率 | 12.2% | 9.8% |
| 营业利润率 | 10.1% | 3.3% |
| 净利率 | 9.9% | 1.9% |
| 营收同比 | 35.9% | 41.2% |
| 净利润同比 | 30.0% | 136.3% |
| 每股收益（稀释后） | $3.11 | $0.53 |
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FNTPC
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $978.1M | $1.4B | ||
| Q2 25 | $909.7M | $1.4B | ||
| Q1 25 | $871.8M | $1.2B | ||
| Q4 24 | $833.6M | $1.1B | ||
| Q3 24 | $804.2M | $1.1B | ||
| Q2 24 | $753.3M | $1.1B | ||
| Q1 24 | $731.5M | $1.0B |
净利润FNTPC
| Q4 25 | $112.6M | $28.8M | ||
| Q3 25 | $95.9M | $3.6M | ||
| Q2 25 | $87.2M | $20.0M | ||
| Q1 25 | $81.3M | $28.0M | ||
| Q4 24 | $86.6M | $-79.4M | ||
| Q3 24 | $77.4M | $-100.9M | ||
| Q2 24 | $81.1M | $812.0K | ||
| Q1 24 | $80.9M | $15.8M |
毛利率FNTPC
| Q4 25 | 12.2% | 9.8% | ||
| Q3 25 | 11.9% | 12.0% | ||
| Q2 25 | 12.2% | 14.3% | ||
| Q1 25 | 11.7% | 10.8% | ||
| Q4 24 | 12.1% | -0.9% | ||
| Q3 24 | 12.3% | -2.4% | ||
| Q2 24 | 12.3% | 10.4% | ||
| Q1 24 | 12.4% | 11.0% |
营业利润率FNTPC
| Q4 25 | 10.1% | 3.3% | ||
| Q3 25 | 9.6% | 2.8% | ||
| Q2 25 | 9.8% | 5.6% | ||
| Q1 25 | 9.0% | 5.2% | ||
| Q4 24 | 9.5% | -8.1% | ||
| Q3 24 | 9.6% | -9.9% | ||
| Q2 24 | 9.7% | 3.6% | ||
| Q1 24 | 9.7% | 4.7% |
净利率FNTPC
| Q4 25 | 9.9% | 1.9% | ||
| Q3 25 | 9.8% | 0.3% | ||
| Q2 25 | 9.6% | 1.5% | ||
| Q1 25 | 9.3% | 2.2% | ||
| Q4 24 | 10.4% | -7.4% | ||
| Q3 24 | 9.6% | -9.3% | ||
| Q2 24 | 10.8% | 0.1% | ||
| Q1 24 | 11.1% | 1.5% |
每股收益（稀释后）FNTPC
| Q4 25 | $3.11 | $0.53 | ||
| Q3 25 | $2.66 | $0.07 | ||
| Q2 25 | $2.41 | $0.38 | ||
| Q1 25 | $2.25 | $0.53 | ||
| Q4 24 | $2.38 | $-1.53 | ||
| Q3 24 | $2.13 | $-1.92 | ||
| Q2 24 | $2.22 | $0.02 | ||
| Q1 24 | $2.21 | $0.30 |
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 | $734.6M |
| 总债务越低越好 | — | $407.4M |
| 股东权益账面价值 | $2.2B | $1.2B |
| 总资产 | $3.3B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资FNTPC
| Q4 25 | $960.8M | $734.6M | ||
| Q3 25 | $968.8M | $695.7M | ||
| Q2 25 | $934.2M | $526.1M | ||
| Q1 25 | $950.7M | $276.5M | ||
| Q4 24 | $934.6M | $455.1M | ||
| Q3 24 | $908.9M | $287.4M | ||
| Q2 24 | $858.6M | $267.1M | ||
| Q1 24 | $794.0M | $358.3M |
总债务FNTPC
| Q4 25 | — | $407.4M | ||
| Q3 25 | — | $413.1M | ||
| Q2 25 | — | $419.4M | ||
| Q1 25 | — | $405.6M | ||
| Q4 24 | — | $534.1M | ||
| Q3 24 | — | $681.4M | ||
| Q2 24 | — | $676.4M | ||
| Q1 24 | — | $801.2M |
股东权益FNTPC
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.7B | $1.3B |
总资产FNTPC
| Q4 25 | $3.3B | $5.2B | ||
| Q3 25 | $3.0B | $5.2B | ||
| Q2 25 | $2.8B | $4.9B | ||
| Q1 25 | $2.6B | $4.5B | ||
| Q4 24 | $2.5B | $4.2B | ||
| Q3 24 | $2.4B | $4.4B | ||
| Q2 24 | $2.3B | $4.3B | ||
| Q1 24 | $2.2B | $4.4B |
负债/权益比FNTPC
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.61× |
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 | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $98.7M |
| 自由现金流率自由现金流/营收 | -0.5% | 6.5% |
| 资本支出强度资本支出/营收 | 4.6% | 5.0% |
| 现金转化率经营现金流/净利润 | 0.41× | 6.02× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $567.2M |
8季度趋势，按日历期对齐
经营现金流FNTPC
| Q4 25 | $46.3M | $173.7M | ||
| Q3 25 | $102.6M | $289.1M | ||
| Q2 25 | $55.1M | $262.4M | ||
| Q1 25 | $74.2M | $22.9M | ||
| Q4 24 | $115.9M | $329.6M | ||
| Q3 24 | $83.2M | $22.6M | ||
| Q2 24 | $83.1M | $53.1M | ||
| Q1 24 | $100.9M | $98.3M |
自由现金流FNTPC
| Q4 25 | $-5.3M | $98.7M | ||
| Q3 25 | $57.3M | $240.2M | ||
| Q2 25 | $4.7M | $235.6M | ||
| Q1 25 | $45.7M | $-7.2M | ||
| Q4 24 | $94.0M | $320.4M | ||
| Q3 24 | $62.9M | $15.6M | ||
| Q2 24 | $70.4M | $42.2M | ||
| Q1 24 | $87.3M | $87.8M |
自由现金流率FNTPC
| Q4 25 | -0.5% | 6.5% | ||
| Q3 25 | 5.9% | 17.0% | ||
| Q2 25 | 0.5% | 17.1% | ||
| Q1 25 | 5.2% | -0.6% | ||
| Q4 24 | 11.3% | 30.0% | ||
| Q3 24 | 7.8% | 1.4% | ||
| Q2 24 | 9.3% | 3.7% | ||
| Q1 24 | 11.9% | 8.4% |
资本支出强度FNTPC
| Q4 25 | 4.6% | 5.0% | ||
| Q3 25 | 4.6% | 3.5% | ||
| Q2 25 | 5.5% | 2.0% | ||
| Q1 25 | 3.3% | 2.4% | ||
| Q4 24 | 2.6% | 0.9% | ||
| Q3 24 | 2.5% | 0.6% | ||
| Q2 24 | 1.7% | 1.0% | ||
| Q1 24 | 1.9% | 1.0% |
现金转化率FNTPC
| Q4 25 | 0.41× | 6.02× | ||
| Q3 25 | 1.07× | 79.63× | ||
| Q2 25 | 0.63× | 13.14× | ||
| Q1 25 | 0.91× | 0.82× | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | — | ||
| Q2 24 | 1.02× | 65.44× | ||
| Q1 24 | 1.25× | 6.24× |
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% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
