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Fidelity National Financial, Inc.（FNF）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
Fidelity National Financial, Inc.的季度营收约是BOSTON BEER CO INC的1.2倍（$544.0M vs $461.6M），Fidelity National Financial, Inc.同比增速更快（10.3% vs -4.1%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
FNF vs SAM — 直观对比
营收规模更大
FNF
是对方的1.2倍
$461.6M
营收增速更快
FNF
高出14.5%
-4.1%
两年增速更快
FNF
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $461.6M |
| 净利润 | $-117.0M | — |
| 毛利率 | — | 46.4% |
| 营业利润率 | 82.9% | 12.4% |
| 净利率 | -21.5% | — |
| 营收同比 | 10.3% | -4.1% |
| 净利润同比 | -126.0% | — |
| 每股收益（稀释后） | $-0.44 | $2.16 |
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FNFSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $544.0M | $385.7M | ||
| Q3 25 | $553.0M | $537.5M | ||
| Q2 25 | $547.0M | $587.9M | ||
| Q1 25 | $455.0M | $453.9M | ||
| Q4 24 | $493.0M | $402.3M | ||
| Q3 24 | $506.0M | $605.5M | ||
| Q2 24 | $504.0M | $579.1M |
净利润FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | $-117.0M | $-22.5M | ||
| Q3 25 | $358.0M | $46.2M | ||
| Q2 25 | $278.0M | $60.4M | ||
| Q1 25 | $83.0M | $24.4M | ||
| Q4 24 | $450.0M | $-38.8M | ||
| Q3 24 | $266.0M | $33.5M | ||
| Q2 24 | $306.0M | $52.3M |
毛利率FNFSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | 46.0% |
营业利润率FNFSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 82.9% | -8.6% | ||
| Q3 25 | 81.9% | 11.5% | ||
| Q2 25 | 69.8% | 14.0% | ||
| Q1 25 | 24.4% | 7.4% | ||
| Q4 24 | — | -13.9% | ||
| Q3 24 | 61.9% | 7.6% | ||
| Q2 24 | 90.9% | 12.2% |
净利率FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | -21.5% | -5.8% | ||
| Q3 25 | 64.7% | 8.6% | ||
| Q2 25 | 50.8% | 10.3% | ||
| Q1 25 | 18.2% | 5.4% | ||
| Q4 24 | 91.3% | -9.6% | ||
| Q3 24 | 52.6% | 5.5% | ||
| Q2 24 | 60.7% | 9.0% |
每股收益（稀释后）FNFSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.44 | $-1.97 | ||
| Q3 25 | $1.33 | $4.25 | ||
| Q2 25 | $1.02 | $5.45 | ||
| Q1 25 | $0.30 | $2.16 | ||
| Q4 24 | $1.65 | $-3.23 | ||
| Q3 24 | $0.97 | $2.86 | ||
| Q2 24 | $1.12 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $4.4B | — |
| 股东权益账面价值 | $7.4B | $682.6M |
| 总资产 | $109.0B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.59× | — |
8季度趋势，按日历期对齐
现金及短期投资FNFSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $2.6B | $223.4M | ||
| Q3 25 | $3.5B | $250.5M | ||
| Q2 25 | $3.3B | $212.4M | ||
| Q1 25 | $4.5B | $152.5M | ||
| Q4 24 | $3.5B | $211.8M | ||
| Q3 24 | $5.0B | $255.6M | ||
| Q2 24 | $4.9B | $219.3M |
总债务FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.2B | — |
股东权益FNFSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $7.4B | $846.3M | ||
| Q3 25 | $8.4B | $911.0M | ||
| Q2 25 | $7.9B | $912.3M | ||
| Q1 25 | $7.9B | $897.0M | ||
| Q4 24 | $7.8B | $916.2M | ||
| Q3 24 | $8.1B | $1.0B | ||
| Q2 24 | $7.3B | $1.0B |
总资产FNFSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $109.0B | $1.2B | ||
| Q3 25 | $106.6B | $1.2B | ||
| Q2 25 | $102.3B | $1.3B | ||
| Q1 25 | $98.2B | $1.2B | ||
| Q4 24 | $95.4B | $1.3B | ||
| Q3 24 | $94.7B | $1.4B | ||
| Q2 24 | $88.8B | $1.4B |
负债/权益比FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.58× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $39.9M | ||
| Q3 25 | $1.3B | $101.8M | ||
| Q2 25 | $1.9B | $126.5M | ||
| Q1 25 | $1.1B | $1.9M | ||
| Q4 24 | $1.5B | $41.9M | ||
| Q3 24 | $2.4B | $115.9M | ||
| Q2 24 | $1.4B | $96.0M |
自由现金流FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | — | $89.2M | ||
| Q2 25 | — | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | — | $75.6M |
自由现金流率FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 13.1% |
资本支出强度FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.5% |
现金转化率FNFSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.66× | 2.21× | ||
| Q2 25 | 6.82× | 2.09× | ||
| Q1 25 | 13.43× | 0.08× | ||
| Q4 24 | 3.32× | — | ||
| Q3 24 | 8.89× | 3.46× | ||
| Q2 24 | 4.45× | 1.83× |
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% |
SAM
暂无分部数据
