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Fidelity National Financial, Inc.（FNF）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
FEDERAL SIGNAL CORP的季度营收约是Fidelity National Financial, Inc.的1.1倍（$597.1M vs $544.0M），FEDERAL SIGNAL CORP净利率更高（10.2% vs -21.5%，领先31.7%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 10.3%），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 13.7%）
富达国民金融是美国财富500强企业，主要面向房地产与抵押贷款行业提供产权保险及交割服务，2019年其产权及房地产业务相关年度营收约为84.69亿美元，是全球领先的产权保险服务供应商。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
FNF vs FSS — 直观对比
营收规模更大
FSS
是对方的1.1倍
$544.0M
营收增速更快
FSS
高出16.2%
10.3%
净利率更高
FSS
高出31.7%
-21.5%
两年增速更快
FSS
近两年复合增速
13.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $597.1M |
| 净利润 | $-117.0M | $60.8M |
| 毛利率 | — | 28.4% |
| 营业利润率 | 82.9% | 14.0% |
| 净利率 | -21.5% | 10.2% |
| 营收同比 | 10.3% | 26.5% |
| 净利润同比 | -126.0% | 21.6% |
| 每股收益（稀释后） | $-0.44 | $0.99 |
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FNFFSS
| Q4 25 | $544.0M | $597.1M | ||
| Q3 25 | $553.0M | $555.0M | ||
| Q2 25 | $547.0M | $564.6M | ||
| Q1 25 | $455.0M | $463.8M | ||
| Q4 24 | $493.0M | $472.0M | ||
| Q3 24 | $506.0M | $474.2M | ||
| Q2 24 | $504.0M | $490.4M | ||
| Q1 24 | $421.0M | $424.9M |
净利润FNFFSS
| Q4 25 | $-117.0M | $60.8M | ||
| Q3 25 | $358.0M | $68.1M | ||
| Q2 25 | $278.0M | $71.4M | ||
| Q1 25 | $83.0M | $46.3M | ||
| Q4 24 | $450.0M | $50.0M | ||
| Q3 24 | $266.0M | $53.9M | ||
| Q2 24 | $306.0M | $60.8M | ||
| Q1 24 | $248.0M | $51.6M |
毛利率FNFFSS
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.4% | ||
| Q1 24 | — | 27.3% |
营业利润率FNFFSS
| Q4 25 | 82.9% | 14.0% | ||
| Q3 25 | 81.9% | 16.9% | ||
| Q2 25 | 69.8% | 17.3% | ||
| Q1 25 | 24.4% | 14.2% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | 61.9% | 16.0% | ||
| Q2 24 | 90.9% | 16.5% | ||
| Q1 24 | 78.6% | 12.8% |
净利率FNFFSS
| Q4 25 | -21.5% | 10.2% | ||
| Q3 25 | 64.7% | 12.3% | ||
| Q2 25 | 50.8% | 12.6% | ||
| Q1 25 | 18.2% | 10.0% | ||
| Q4 24 | 91.3% | 10.6% | ||
| Q3 24 | 52.6% | 11.4% | ||
| Q2 24 | 60.7% | 12.4% | ||
| Q1 24 | 58.9% | 12.1% |
每股收益（稀释后）FNFFSS
| Q4 25 | $-0.44 | $0.99 | ||
| Q3 25 | $1.33 | $1.11 | ||
| Q2 25 | $1.02 | $1.16 | ||
| Q1 25 | $0.30 | $0.75 | ||
| Q4 24 | $1.65 | $0.80 | ||
| Q3 24 | $0.97 | $0.87 | ||
| Q2 24 | $1.12 | $0.99 | ||
| Q1 24 | $0.91 | $0.84 |
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 | $2.6B | $63.7M |
| 总债务越低越好 | $4.4B | $564.6M |
| 股东权益账面价值 | $7.4B | $1.4B |
| 总资产 | $109.0B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资FNFFSS
| Q4 25 | $2.6B | $63.7M | ||
| Q3 25 | $3.5B | $54.4M | ||
| Q2 25 | $3.3B | $64.7M | ||
| Q1 25 | $4.5B | $57.5M | ||
| Q4 24 | $3.5B | $91.1M | ||
| Q3 24 | $5.0B | $73.7M | ||
| Q2 24 | $4.9B | $48.6M | ||
| Q1 24 | $3.5B | $48.9M |
总债务FNFFSS
| Q4 25 | $4.4B | $564.6M | ||
| Q3 25 | $4.4B | $201.2M | ||
| Q2 25 | $4.4B | $258.3M | ||
| Q1 25 | $4.4B | $266.9M | ||
| Q4 24 | $4.3B | $204.4M | ||
| Q3 24 | $4.2B | $223.3M | ||
| Q2 24 | $4.2B | $248.8M | ||
| Q1 24 | $3.9B | $266.8M |
股东权益FNFFSS
| Q4 25 | $7.4B | $1.4B | ||
| Q3 25 | $8.4B | $1.3B | ||
| Q2 25 | $7.9B | $1.3B | ||
| Q1 25 | $7.9B | $1.2B | ||
| Q4 24 | $7.8B | $1.2B | ||
| Q3 24 | $8.1B | $1.1B | ||
| Q2 24 | $7.3B | $1.1B | ||
| Q1 24 | $7.1B | $1.0B |
总资产FNFFSS
| Q4 25 | $109.0B | $2.4B | ||
| Q3 25 | $106.6B | $1.9B | ||
| Q2 25 | $102.3B | $1.9B | ||
| Q1 25 | $98.2B | $1.9B | ||
| Q4 24 | $95.4B | $1.8B | ||
| Q3 24 | $94.7B | $1.7B | ||
| Q2 24 | $88.8B | $1.7B | ||
| Q1 24 | $84.5B | $1.7B |
负债/权益比FNFFSS
| Q4 25 | 0.59× | 0.41× | ||
| Q3 25 | 0.53× | 0.15× | ||
| Q2 25 | 0.56× | 0.20× | ||
| Q1 25 | 0.56× | 0.22× | ||
| Q4 24 | 0.56× | 0.17× | ||
| Q3 24 | 0.52× | 0.19× | ||
| Q2 24 | 0.58× | 0.23× | ||
| Q1 24 | 0.55× | 0.26× |
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 | $1.5B | $97.2M |
| 自由现金流经营现金流 - 资本支出 | — | $89.5M |
| 自由现金流率自由现金流/营收 | — | 15.0% |
| 资本支出强度资本支出/营收 | — | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.60× |
| 过去12个月自由现金流最近4个季度 | — | $227.1M |
8季度趋势，按日历期对齐
经营现金流FNFFSS
| Q4 25 | $1.5B | $97.2M | ||
| Q3 25 | $1.3B | $61.1M | ||
| Q2 25 | $1.9B | $59.7M | ||
| Q1 25 | $1.1B | $36.7M | ||
| Q4 24 | $1.5B | $90.6M | ||
| Q3 24 | $2.4B | $68.8M | ||
| Q2 24 | $1.4B | $40.6M | ||
| Q1 24 | $1.6B | $31.3M |
自由现金流FNFFSS
| Q4 25 | — | $89.5M | ||
| Q3 25 | — | $54.1M | ||
| Q2 25 | — | $52.4M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | — | $82.1M | ||
| Q3 24 | — | $60.9M | ||
| Q2 24 | — | $24.8M | ||
| Q1 24 | — | $22.9M |
自由现金流率FNFFSS
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 5.1% | ||
| Q1 24 | — | 5.4% |
资本支出强度FNFFSS
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 2.0% |
现金转化率FNFFSS
| Q4 25 | — | 1.60× | ||
| Q3 25 | 3.66× | 0.90× | ||
| Q2 25 | 6.82× | 0.84× | ||
| Q1 25 | 13.43× | 0.79× | ||
| Q4 24 | 3.32× | 1.81× | ||
| Q3 24 | 8.89× | 1.28× | ||
| Q2 24 | 4.45× | 0.67× | ||
| Q1 24 | 6.42× | 0.61× |
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
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
