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Fidelity National Financial, Inc.（FNF）与MYR GROUP INC.（MYRG）财务数据对比。点击上方公司名可切换其他公司
MYR GROUP INC.的季度营收约是Fidelity National Financial, Inc.的1.8倍（$973.5M vs $544.0M），MYR GROUP INC.净利率更高（3.8% vs -21.5%，领先25.3%），MYR GROUP INC.同比增速更快（17.3% vs 10.3%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs 9.3%）
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。
MYR集团是美国知名电气建设服务提供商，业务覆盖输配电线路、变电站、工商业建筑及可再生能源领域的电气施工，旗下拥有12家电气建设子公司，在北美电力基建赛道拥有深厚的技术积累与项目交付能力。
FNF vs MYRG — 直观对比
营收规模更大
MYRG
是对方的1.8倍
$544.0M
营收增速更快
MYRG
高出7.0%
10.3%
净利率更高
MYRG
高出25.3%
-21.5%
两年增速更快
FNF
近两年复合增速
9.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $973.5M |
| 净利润 | $-117.0M | $36.5M |
| 毛利率 | — | 11.4% |
| 营业利润率 | 82.9% | 4.8% |
| 净利率 | -21.5% | 3.8% |
| 营收同比 | 10.3% | 17.3% |
| 净利润同比 | -126.0% | 129.1% |
| 每股收益（稀释后） | $-0.44 | $2.33 |
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FNFMYRG
| Q4 25 | $544.0M | $973.5M | ||
| Q3 25 | $553.0M | $950.4M | ||
| Q2 25 | $547.0M | $900.3M | ||
| Q1 25 | $455.0M | $833.6M | ||
| Q4 24 | $493.0M | $829.8M | ||
| Q3 24 | $506.0M | $888.0M | ||
| Q2 24 | $504.0M | $828.9M | ||
| Q1 24 | $421.0M | $815.6M |
净利润FNFMYRG
| Q4 25 | $-117.0M | $36.5M | ||
| Q3 25 | $358.0M | $32.1M | ||
| Q2 25 | $278.0M | $26.5M | ||
| Q1 25 | $83.0M | $23.3M | ||
| Q4 24 | $450.0M | $16.0M | ||
| Q3 24 | $266.0M | $10.6M | ||
| Q2 24 | $306.0M | $-15.3M | ||
| Q1 24 | $248.0M | $18.9M |
毛利率FNFMYRG
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 8.7% | ||
| Q2 24 | — | 4.9% | ||
| Q1 24 | — | 10.6% |
营业利润率FNFMYRG
| Q4 25 | 82.9% | 4.8% | ||
| Q3 25 | 81.9% | 4.9% | ||
| Q2 25 | 69.8% | 4.4% | ||
| Q1 25 | 24.4% | 4.1% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | 61.9% | 2.3% | ||
| Q2 24 | 90.9% | -2.5% | ||
| Q1 24 | 78.6% | 3.0% |
净利率FNFMYRG
| Q4 25 | -21.5% | 3.8% | ||
| Q3 25 | 64.7% | 3.4% | ||
| Q2 25 | 50.8% | 2.9% | ||
| Q1 25 | 18.2% | 2.8% | ||
| Q4 24 | 91.3% | 1.9% | ||
| Q3 24 | 52.6% | 1.2% | ||
| Q2 24 | 60.7% | -1.8% | ||
| Q1 24 | 58.9% | 2.3% |
每股收益（稀释后）FNFMYRG
| Q4 25 | $-0.44 | $2.33 | ||
| Q3 25 | $1.33 | $2.05 | ||
| Q2 25 | $1.02 | $1.70 | ||
| Q1 25 | $0.30 | $1.45 | ||
| Q4 24 | $1.65 | $0.97 | ||
| Q3 24 | $0.97 | $0.65 | ||
| Q2 24 | $1.12 | $-0.91 | ||
| Q1 24 | $0.91 | $1.12 |
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 | $150.2M |
| 总债务越低越好 | $4.4B | $59.0M |
| 股东权益账面价值 | $7.4B | $660.4M |
| 总资产 | $109.0B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FNFMYRG
| Q4 25 | $2.6B | $150.2M | ||
| Q3 25 | $3.5B | $76.2M | ||
| Q2 25 | $3.3B | $23.0M | ||
| Q1 25 | $4.5B | $10.9M | ||
| Q4 24 | $3.5B | $3.5M | ||
| Q3 24 | $5.0B | $7.6M | ||
| Q2 24 | $4.9B | $1.9M | ||
| Q1 24 | $3.5B | $3.9M |
总债务FNFMYRG
| Q4 25 | $4.4B | $59.0M | ||
| Q3 25 | $4.4B | $72.0M | ||
| Q2 25 | $4.4B | $86.1M | ||
| Q1 25 | $4.4B | $87.2M | ||
| Q4 24 | $4.3B | $74.4M | ||
| Q3 24 | $4.2B | $93.2M | ||
| Q2 24 | $4.2B | $45.1M | ||
| Q1 24 | $3.9B | $37.9M |
股东权益FNFMYRG
| Q4 25 | $7.4B | $660.4M | ||
| Q3 25 | $8.4B | $617.6M | ||
| Q2 25 | $7.9B | $583.2M | ||
| Q1 25 | $7.9B | $548.7M | ||
| Q4 24 | $7.8B | $600.4M | ||
| Q3 24 | $8.1B | $588.5M | ||
| Q2 24 | $7.3B | $633.3M | ||
| Q1 24 | $7.1B | $663.7M |
总资产FNFMYRG
| Q4 25 | $109.0B | $1.6B | ||
| Q3 25 | $106.6B | $1.6B | ||
| Q2 25 | $102.3B | $1.6B | ||
| Q1 25 | $98.2B | $1.5B | ||
| Q4 24 | $95.4B | $1.6B | ||
| Q3 24 | $94.7B | $1.6B | ||
| Q2 24 | $88.8B | $1.6B | ||
| Q1 24 | $84.5B | $1.6B |
负债/权益比FNFMYRG
| Q4 25 | 0.59× | 0.09× | ||
| Q3 25 | 0.53× | 0.12× | ||
| Q2 25 | 0.56× | 0.15× | ||
| Q1 25 | 0.56× | 0.16× | ||
| Q4 24 | 0.56× | 0.12× | ||
| Q3 24 | 0.52× | 0.16× | ||
| Q2 24 | 0.58× | 0.07× | ||
| Q1 24 | 0.55× | 0.06× |
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 | $114.8M |
| 自由现金流经营现金流 - 资本支出 | — | $84.9M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | — | 3.14× |
| 过去12个月自由现金流最近4个季度 | — | $232.2M |
8季度趋势，按日历期对齐
经营现金流FNFMYRG
| Q4 25 | $1.5B | $114.8M | ||
| Q3 25 | $1.3B | $95.6M | ||
| Q2 25 | $1.9B | $32.9M | ||
| Q1 25 | $1.1B | $83.3M | ||
| Q4 24 | $1.5B | $21.1M | ||
| Q3 24 | $2.4B | $35.6M | ||
| Q2 24 | $1.4B | $22.7M | ||
| Q1 24 | $1.6B | $7.7M |
自由现金流FNFMYRG
| Q4 25 | — | $84.9M | ||
| Q3 25 | — | $65.4M | ||
| Q2 25 | — | $11.6M | ||
| Q1 25 | — | $70.2M | ||
| Q4 24 | — | $8.8M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $-18.1M |
自由现金流率FNFMYRG
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | -2.2% |
资本支出强度FNFMYRG
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.2% |
现金转化率FNFMYRG
| Q4 25 | — | 3.14× | ||
| Q3 25 | 3.66× | 2.98× | ||
| Q2 25 | 6.82× | 1.24× | ||
| Q1 25 | 13.43× | 3.57× | ||
| Q4 24 | 3.32× | 1.32× | ||
| Q3 24 | 8.89× | 3.35× | ||
| Q2 24 | 4.45× | — | ||
| Q1 24 | 6.42× | 0.41× |
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% |
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
