vs
Fidelity National Financial, Inc.（FNF）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
LCI INDUSTRIES的季度营收约是Fidelity National Financial, Inc.的1.7倍（$932.7M vs $544.0M），LCI INDUSTRIES净利率更高（2.0% vs -21.5%，领先23.5%），LCI INDUSTRIES同比增速更快（16.1% vs 10.3%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs -1.8%）
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。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
FNF vs LCII — 直观对比
营收规模更大
LCII
是对方的1.7倍
$544.0M
营收增速更快
LCII
高出5.8%
10.3%
净利率更高
LCII
高出23.5%
-21.5%
两年增速更快
FNF
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $932.7M |
| 净利润 | $-117.0M | $18.7M |
| 毛利率 | — | 22.1% |
| 营业利润率 | 82.9% | 3.8% |
| 净利率 | -21.5% | 2.0% |
| 营收同比 | 10.3% | 16.1% |
| 净利润同比 | -126.0% | 95.7% |
| 每股收益（稀释后） | $-0.44 | $0.79 |
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FNFLCII
| Q4 25 | $544.0M | $932.7M | ||
| Q3 25 | $553.0M | $1.0B | ||
| Q2 25 | $547.0M | $1.1B | ||
| Q1 25 | $455.0M | $1.0B | ||
| Q4 24 | $493.0M | $803.1M | ||
| Q3 24 | $506.0M | $915.5M | ||
| Q2 24 | $504.0M | $1.1B | ||
| Q1 24 | $421.0M | $968.0M |
净利润FNFLCII
| Q4 25 | $-117.0M | $18.7M | ||
| Q3 25 | $358.0M | $62.5M | ||
| Q2 25 | $278.0M | $57.6M | ||
| Q1 25 | $83.0M | $49.4M | ||
| Q4 24 | $450.0M | $9.5M | ||
| Q3 24 | $266.0M | $35.6M | ||
| Q2 24 | $306.0M | $61.2M | ||
| Q1 24 | $248.0M | $36.5M |
毛利率FNFLCII
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 23.1% |
营业利润率FNFLCII
| Q4 25 | 82.9% | 3.8% | ||
| Q3 25 | 81.9% | 7.3% | ||
| Q2 25 | 69.8% | 7.9% | ||
| Q1 25 | 24.4% | 7.8% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | 61.9% | 5.9% | ||
| Q2 24 | 90.9% | 8.6% | ||
| Q1 24 | 78.6% | 6.0% |
净利率FNFLCII
| Q4 25 | -21.5% | 2.0% | ||
| Q3 25 | 64.7% | 6.0% | ||
| Q2 25 | 50.8% | 5.2% | ||
| Q1 25 | 18.2% | 4.7% | ||
| Q4 24 | 91.3% | 1.2% | ||
| Q3 24 | 52.6% | 3.9% | ||
| Q2 24 | 60.7% | 5.8% | ||
| Q1 24 | 58.9% | 3.8% |
每股收益（稀释后）FNFLCII
| Q4 25 | $-0.44 | $0.79 | ||
| Q3 25 | $1.33 | $2.55 | ||
| Q2 25 | $1.02 | $2.29 | ||
| Q1 25 | $0.30 | $1.94 | ||
| Q4 24 | $1.65 | $0.37 | ||
| Q3 24 | $0.97 | $1.39 | ||
| Q2 24 | $1.12 | $2.40 | ||
| Q1 24 | $0.91 | $1.44 |
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 | $222.6M |
| 总债务越低越好 | $4.4B | $945.2M |
| 股东权益账面价值 | $7.4B | $1.4B |
| 总资产 | $109.0B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资FNFLCII
| Q4 25 | $2.6B | $222.6M | ||
| Q3 25 | $3.5B | $199.7M | ||
| Q2 25 | $3.3B | $191.9M | ||
| Q1 25 | $4.5B | $231.2M | ||
| Q4 24 | $3.5B | $165.8M | ||
| Q3 24 | $5.0B | $161.2M | ||
| Q2 24 | $4.9B | $130.4M | ||
| Q1 24 | $3.5B | $22.6M |
总债务FNFLCII
| Q4 25 | $4.4B | $945.2M | ||
| Q3 25 | $4.4B | $947.8M | ||
| Q2 25 | $4.4B | $948.0M | ||
| Q1 25 | $4.4B | $938.3M | ||
| Q4 24 | $4.3B | $757.3M | ||
| Q3 24 | $4.2B | $822.5M | ||
| Q2 24 | $4.2B | $829.7M | ||
| Q1 24 | $3.9B | $855.3M |
股东权益FNFLCII
| Q4 25 | $7.4B | $1.4B | ||
| Q3 25 | $8.4B | $1.4B | ||
| Q2 25 | $7.9B | $1.4B | ||
| Q1 25 | $7.9B | $1.4B | ||
| Q4 24 | $7.8B | $1.4B | ||
| Q3 24 | $8.1B | $1.4B | ||
| Q2 24 | $7.3B | $1.4B | ||
| Q1 24 | $7.1B | $1.4B |
总资产FNFLCII
| Q4 25 | $109.0B | $3.2B | ||
| Q3 25 | $106.6B | $3.2B | ||
| Q2 25 | $102.3B | $3.2B | ||
| Q1 25 | $98.2B | $3.1B | ||
| Q4 24 | $95.4B | $2.9B | ||
| Q3 24 | $94.7B | $3.0B | ||
| Q2 24 | $88.8B | $3.0B | ||
| Q1 24 | $84.5B | $3.0B |
负债/权益比FNFLCII
| Q4 25 | 0.59× | 0.69× | ||
| Q3 25 | 0.53× | 0.70× | ||
| Q2 25 | 0.56× | 0.68× | ||
| Q1 25 | 0.56× | 0.69× | ||
| Q4 24 | 0.56× | 0.55× | ||
| Q3 24 | 0.52× | 0.58× | ||
| Q2 24 | 0.58× | 0.60× | ||
| Q1 24 | 0.55× | 0.63× |
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 | $78.9M |
| 自由现金流经营现金流 - 资本支出 | — | $64.3M |
| 自由现金流率自由现金流/营收 | — | 6.9% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | — | 4.22× |
| 过去12个月自由现金流最近4个季度 | — | $278.3M |
8季度趋势，按日历期对齐
经营现金流FNFLCII
| Q4 25 | $1.5B | $78.9M | ||
| Q3 25 | $1.3B | $97.2M | ||
| Q2 25 | $1.9B | $112.2M | ||
| Q1 25 | $1.1B | $42.7M | ||
| Q4 24 | $1.5B | $106.6M | ||
| Q3 24 | $2.4B | $78.4M | ||
| Q2 24 | $1.4B | $192.9M | ||
| Q1 24 | $1.6B | $-7.7M |
自由现金流FNFLCII
| Q4 25 | — | $64.3M | ||
| Q3 25 | — | $80.9M | ||
| Q2 25 | — | $99.5M | ||
| Q1 25 | — | $33.7M | ||
| Q4 24 | — | $95.7M | ||
| Q3 24 | — | $68.3M | ||
| Q2 24 | — | $180.2M | ||
| Q1 24 | — | $-16.3M |
自由现金流率FNFLCII
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 17.1% | ||
| Q1 24 | — | -1.7% |
资本支出强度FNFLCII
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 0.9% |
现金转化率FNFLCII
| Q4 25 | — | 4.22× | ||
| Q3 25 | 3.66× | 1.55× | ||
| Q2 25 | 6.82× | 1.95× | ||
| Q1 25 | 13.43× | 0.86× | ||
| Q4 24 | 3.32× | 11.17× | ||
| Q3 24 | 8.89× | 2.20× | ||
| Q2 24 | 4.45× | 3.15× | ||
| Q1 24 | 6.42× | -0.21× |
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% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
