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弗雷斯特研究公司（FORR）与FOSTER L B CO（FSTR）财务数据对比。点击上方公司名可切换其他公司
FOSTER L B CO的季度营收约是弗雷斯特研究公司的1.6倍（$160.4M vs $101.1M），FOSTER L B CO净利率更高（1.5% vs -33.5%，领先35.0%），FOSTER L B CO同比增速更快（25.1% vs -6.5%），FOSTER L B CO自由现金流更多（$19.8M vs $-4.3M），过去两年FOSTER L B CO的营收复合增速更高（13.6% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
Foster L B Co.是一家总部位于美国的专业工业制造企业，主要生产销售工程通道产品、建筑组件及铁路基础设施用品，服务覆盖北美及部分全球地区的商业建筑、交通和工业领域客户。
FORR vs FSTR — 直观对比
营收规模更大
FSTR
是对方的1.6倍
$101.1M
营收增速更快
FSTR
高出31.6%
-6.5%
净利率更高
FSTR
高出35.0%
-33.5%
自由现金流更多
FSTR
多$24.1M
$-4.3M
两年增速更快
FSTR
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $160.4M |
| 净利润 | $-33.9M | $2.4M |
| 毛利率 | 56.7% | 19.7% |
| 营业利润率 | -36.6% | 4.9% |
| 净利率 | -33.5% | 1.5% |
| 营收同比 | -6.5% | 25.1% |
| 净利润同比 | -7941.4% | 1098.3% |
| 每股收益（稀释后） | $-1.75 | $0.22 |
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FORRFSTR
| Q4 25 | $101.1M | $160.4M | ||
| Q3 25 | $94.3M | $138.3M | ||
| Q2 25 | $111.7M | $143.6M | ||
| Q1 25 | $89.9M | $97.8M | ||
| Q4 24 | $108.0M | $128.2M | ||
| Q3 24 | $102.5M | $137.5M | ||
| Q2 24 | $121.8M | $140.8M | ||
| Q1 24 | $100.1M | $124.3M |
净利润FORRFSTR
| Q4 25 | $-33.9M | $2.4M | ||
| Q3 25 | $-2.1M | $4.4M | ||
| Q2 25 | $3.9M | $2.9M | ||
| Q1 25 | $-87.3M | $-2.1M | ||
| Q4 24 | $432.0K | $-242.0K | ||
| Q3 24 | $-5.8M | $35.9M | ||
| Q2 24 | $6.3M | $2.8M | ||
| Q1 24 | $-6.7M | $4.4M |
毛利率FORRFSTR
| Q4 25 | 56.7% | 19.7% | ||
| Q3 25 | 60.0% | 22.5% | ||
| Q2 25 | 55.5% | 21.5% | ||
| Q1 25 | 55.9% | 20.6% | ||
| Q4 24 | 58.8% | 22.3% | ||
| Q3 24 | 60.5% | 23.8% | ||
| Q2 24 | 57.3% | 21.7% | ||
| Q1 24 | 54.9% | 21.1% |
营业利润率FORRFSTR
| Q4 25 | -36.6% | 4.9% | ||
| Q3 25 | 4.7% | 6.0% | ||
| Q2 25 | 6.2% | 5.3% | ||
| Q1 25 | -97.5% | -2.0% | ||
| Q4 24 | -0.5% | 2.4% | ||
| Q3 24 | -0.7% | 5.3% | ||
| Q2 24 | 9.3% | 3.2% | ||
| Q1 24 | -9.3% | 4.5% |
净利率FORRFSTR
| Q4 25 | -33.5% | 1.5% | ||
| Q3 25 | -2.3% | 3.1% | ||
| Q2 25 | 3.5% | 2.0% | ||
| Q1 25 | -97.1% | -2.2% | ||
| Q4 24 | 0.4% | -0.2% | ||
| Q3 24 | -5.7% | 26.1% | ||
| Q2 24 | 5.2% | 2.0% | ||
| Q1 24 | -6.7% | 3.6% |
每股收益（稀释后）FORRFSTR
| Q4 25 | $-1.75 | $0.22 | ||
| Q3 25 | $-0.11 | $0.40 | ||
| Q2 25 | $0.20 | $0.27 | ||
| Q1 25 | $-4.62 | $-0.20 | ||
| Q4 24 | $0.02 | $-0.04 | ||
| Q3 24 | $-0.30 | $3.27 | ||
| Q2 24 | $0.33 | $0.26 | ||
| Q1 24 | $-0.35 | $0.40 |
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 | $63.3M | $4.3M |
| 总债务越低越好 | — | $42.6M |
| 股东权益账面价值 | $126.5M | $175.3M |
| 总资产 | $404.0M | $330.4M |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资FORRFSTR
| Q4 25 | $63.3M | $4.3M | ||
| Q3 25 | $65.1M | $3.4M | ||
| Q2 25 | $67.8M | $4.2M | ||
| Q1 25 | $75.6M | $2.6M | ||
| Q4 24 | $56.1M | $2.5M | ||
| Q3 24 | $62.8M | $3.1M | ||
| Q2 24 | $58.9M | $4.0M | ||
| Q1 24 | $61.4M | $3.1M |
总债务FORRFSTR
| Q4 25 | — | $42.6M | ||
| Q3 25 | — | $58.6M | ||
| Q2 25 | — | $81.4M | ||
| Q1 25 | — | $82.3M | ||
| Q4 24 | — | $46.8M | ||
| Q3 24 | — | $68.4M | ||
| Q2 24 | — | $87.0M | ||
| Q1 24 | — | $77.9M |
股东权益FORRFSTR
| Q4 25 | $126.5M | $175.3M | ||
| Q3 25 | $157.7M | $174.8M | ||
| Q2 25 | $159.5M | $174.4M | ||
| Q1 25 | $147.4M | $170.8M | ||
| Q4 24 | $229.5M | $178.3M | ||
| Q3 24 | $234.3M | $181.9M | ||
| Q2 24 | $237.1M | $147.1M | ||
| Q1 24 | $230.9M | $144.6M |
总资产FORRFSTR
| Q4 25 | $404.0M | $330.4M | ||
| Q3 25 | $414.2M | $333.9M | ||
| Q2 25 | $436.0M | $349.9M | ||
| Q1 25 | $439.8M | $342.8M | ||
| Q4 24 | $503.9M | $334.6M | ||
| Q3 24 | $505.3M | $344.5M | ||
| Q2 24 | $524.2M | $333.3M | ||
| Q1 24 | $555.7M | $326.4M |
负债/权益比FORRFSTR
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.54× |
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 | $-3.2M | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $19.8M |
| 自由现金流率自由现金流/营收 | -4.2% | 12.3% |
| 资本支出强度资本支出/营收 | 1.1% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 9.18× |
| 过去12个月自由现金流最近4个季度 | $18.1M | $25.2M |
8季度趋势，按日历期对齐
经营现金流FORRFSTR
| Q4 25 | $-3.2M | $22.2M | ||
| Q3 25 | $1.2M | $29.2M | ||
| Q2 25 | $-3.6M | $10.4M | ||
| Q1 25 | $26.7M | $-26.1M | ||
| Q4 24 | $-1.8M | $24.3M | ||
| Q3 24 | $264.0K | $24.7M | ||
| Q2 24 | $-2.9M | $-5.0M | ||
| Q1 24 | $611.0K | $-21.4M |
自由现金流FORRFSTR
| Q4 25 | $-4.3M | $19.8M | ||
| Q3 25 | $524.0K | $26.4M | ||
| Q2 25 | $-4.2M | $7.7M | ||
| Q1 25 | $26.1M | $-28.7M | ||
| Q4 24 | $-2.5M | $22.3M | ||
| Q3 24 | $-223.0K | $21.7M | ||
| Q2 24 | $-3.7M | $-7.0M | ||
| Q1 24 | $-815.0K | $-24.2M |
自由现金流率FORRFSTR
| Q4 25 | -4.2% | 12.3% | ||
| Q3 25 | 0.6% | 19.1% | ||
| Q2 25 | -3.8% | 5.4% | ||
| Q1 25 | 29.0% | -29.4% | ||
| Q4 24 | -2.3% | 17.4% | ||
| Q3 24 | -0.2% | 15.8% | ||
| Q2 24 | -3.1% | -5.0% | ||
| Q1 24 | -0.8% | -19.4% |
资本支出强度FORRFSTR
| Q4 25 | 1.1% | 1.5% | ||
| Q3 25 | 0.7% | 2.0% | ||
| Q2 25 | 0.5% | 1.9% | ||
| Q1 25 | 0.7% | 2.6% | ||
| Q4 24 | 0.6% | 1.5% | ||
| Q3 24 | 0.5% | 2.2% | ||
| Q2 24 | 0.7% | 1.5% | ||
| Q1 24 | 1.4% | 2.2% |
现金转化率FORRFSTR
| Q4 25 | — | 9.18× | ||
| Q3 25 | — | 6.70× | ||
| Q2 25 | -0.93× | 3.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.24× | — | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | -0.46× | -1.74× | ||
| Q1 24 | — | -4.83× |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
FSTR
| Rail Technologies And Services Segment | $98.0M | 61% |
| Over Time Output Method | $26.3M | 16% |
| Services | $19.4M | 12% |
| Rail Technologies Products | $10.0M | 6% |
| Over Time Input Method | $8.3M | 5% |
