vs
化石集团（FOSL）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
化石集团的季度营收约是通用动力的1.5倍（$270.2M vs $184.5M），通用动力净利率更高（7.0% vs -14.8%，领先21.8%），通用动力同比增速更快（28.6% vs -21.1%），通用动力自由现金流更多（$92.8M vs $-22.5M），过去两年通用动力的营收复合增速更高（38.9% vs -11.4%）
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
FOSL vs PLOW — 直观对比
营收规模更大
FOSL
是对方的1.5倍
$184.5M
营收增速更快
PLOW
高出49.6%
-21.1%
净利率更高
PLOW
高出21.8%
-14.8%
自由现金流更多
PLOW
多$115.4M
$-22.5M
两年增速更快
PLOW
近两年复合增速
-11.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.2M | $184.5M |
| 净利润 | $-40.0M | $12.8M |
| 毛利率 | 49.0% | 26.1% |
| 营业利润率 | -8.0% | 10.5% |
| 净利率 | -14.8% | 7.0% |
| 营收同比 | -21.1% | 28.6% |
| 净利润同比 | -257.8% | 62.3% |
| 每股收益（稀释后） | $-0.76 | $0.54 |
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FOSLPLOW
| Q4 25 | $270.2M | $184.5M | ||
| Q3 25 | $220.4M | $162.1M | ||
| Q2 25 | $233.3M | $194.3M | ||
| Q1 25 | — | $115.1M | ||
| Q4 24 | $342.3M | $143.5M | ||
| Q3 24 | $287.8M | $129.4M | ||
| Q2 24 | $260.0M | $199.9M | ||
| Q1 24 | $254.9M | $95.7M |
净利润FOSLPLOW
| Q4 25 | $-40.0M | $12.8M | ||
| Q3 25 | $-2.1M | $8.0M | ||
| Q2 25 | $-17.9M | $26.0M | ||
| Q1 25 | — | $148.0K | ||
| Q4 24 | $-11.2M | $7.9M | ||
| Q3 24 | $-31.9M | $32.3M | ||
| Q2 24 | $-38.8M | $24.3M | ||
| Q1 24 | $-24.3M | $-8.4M |
毛利率FOSLPLOW
| Q4 25 | 49.0% | 26.1% | ||
| Q3 25 | 57.5% | 23.5% | ||
| Q2 25 | 61.3% | 31.0% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | 53.9% | 24.9% | ||
| Q3 24 | 49.4% | 23.9% | ||
| Q2 24 | 52.6% | 30.7% | ||
| Q1 24 | 52.4% | 19.8% |
营业利润率FOSLPLOW
| Q4 25 | -8.0% | 10.5% | ||
| Q3 25 | 3.9% | 8.7% | ||
| Q2 25 | -2.9% | 19.0% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | -4.8% | 9.0% | ||
| Q3 24 | -8.5% | 35.4% | ||
| Q2 24 | -13.1% | 18.2% | ||
| Q1 24 | -11.5% | -6.7% |
净利率FOSLPLOW
| Q4 25 | -14.8% | 7.0% | ||
| Q3 25 | -1.0% | 4.9% | ||
| Q2 25 | -7.7% | 13.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | -3.3% | 5.5% | ||
| Q3 24 | -11.1% | 24.9% | ||
| Q2 24 | -14.9% | 12.2% | ||
| Q1 24 | -9.5% | -8.7% |
每股收益（稀释后）FOSLPLOW
| Q4 25 | $-0.76 | $0.54 | ||
| Q3 25 | $-0.04 | $0.33 | ||
| Q2 25 | $-0.33 | $1.09 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | $-0.15 | $0.35 | ||
| Q3 24 | $-0.60 | $1.36 | ||
| Q2 24 | $-0.73 | $1.02 | ||
| Q1 24 | $-0.46 | $-0.37 |
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 | $79.2M | — |
| 总债务越低越好 | $169.1M | $144.0M |
| 股东权益账面价值 | $112.6M | $281.4M |
| 总资产 | $701.0M | $626.7M |
| 负债/权益比越低杠杆越低 | 1.50× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资FOSLPLOW
| Q4 25 | $79.2M | — | ||
| Q3 25 | $109.9M | — | ||
| Q2 25 | $78.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $123.6M | — | ||
| Q3 24 | $106.3M | — | ||
| Q2 24 | $104.9M | — | ||
| Q1 24 | $112.9M | — |
总债务FOSLPLOW
| Q4 25 | $169.1M | $144.0M | ||
| Q3 25 | $165.6M | — | ||
| Q2 25 | $167.2M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $162.7M | $147.5M | ||
| Q3 24 | $173.4M | — | ||
| Q2 24 | $156.5M | — | ||
| Q1 24 | $202.9M | — |
股东权益FOSLPLOW
| Q4 25 | $112.6M | $281.4M | ||
| Q3 25 | $150.3M | $275.3M | ||
| Q2 25 | $140.6M | $273.3M | ||
| Q1 25 | — | $258.9M | ||
| Q4 24 | $148.7M | $264.2M | ||
| Q3 24 | $164.4M | $260.8M | ||
| Q2 24 | $189.6M | $236.7M | ||
| Q1 24 | $229.1M | $217.2M |
总资产FOSLPLOW
| Q4 25 | $701.0M | $626.7M | ||
| Q3 25 | $704.5M | $694.9M | ||
| Q2 25 | $686.0M | $671.5M | ||
| Q1 25 | — | $621.0M | ||
| Q4 24 | $763.6M | $590.0M | ||
| Q3 24 | $812.4M | $665.6M | ||
| Q2 24 | $785.7M | $617.0M | ||
| Q1 24 | $891.0M | $577.1M |
负债/权益比FOSLPLOW
| Q4 25 | 1.50× | 0.51× | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.19× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.09× | 0.56× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 0.89× | — |
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 | $-22.2M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $-22.5M | $92.8M |
| 自由现金流率自由现金流/营收 | -8.3% | 50.3% |
| 资本支出强度资本支出/营收 | 0.1% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 7.47× |
| 过去12个月自由现金流最近4个季度 | $-46.0M | $63.6M |
8季度趋势，按日历期对齐
经营现金流FOSLPLOW
| Q4 25 | $-22.2M | $95.9M | ||
| Q3 25 | $9.4M | $-8.5M | ||
| Q2 25 | $-60.4M | $-11.4M | ||
| Q1 25 | — | $-1.3M | ||
| Q4 24 | $30.5M | $74.4M | ||
| Q3 24 | $-22.8M | $-14.2M | ||
| Q2 24 | $38.4M | $2.5M | ||
| Q1 24 | $622.0K | $-21.6M |
自由现金流FOSLPLOW
| Q4 25 | $-22.5M | $92.8M | ||
| Q3 25 | $8.6M | $-11.4M | ||
| Q2 25 | $-60.6M | $-14.3M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | $28.5M | $70.2M | ||
| Q3 24 | $-24.1M | $-15.2M | ||
| Q2 24 | $36.6M | $836.0K | ||
| Q1 24 | $-1.1M | $-22.4M |
自由现金流率FOSLPLOW
| Q4 25 | -8.3% | 50.3% | ||
| Q3 25 | 3.9% | -7.1% | ||
| Q2 25 | -26.0% | -7.4% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | 8.3% | 48.9% | ||
| Q3 24 | -8.4% | -11.8% | ||
| Q2 24 | 14.1% | 0.4% | ||
| Q1 24 | -0.4% | -23.4% |
资本支出强度FOSLPLOW
| Q4 25 | 0.1% | 1.7% | ||
| Q3 25 | 0.4% | 1.8% | ||
| Q2 25 | 0.1% | 1.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 0.6% | 2.9% | ||
| Q3 24 | 0.4% | 0.8% | ||
| Q2 24 | 0.7% | 0.8% | ||
| Q1 24 | 0.7% | 0.8% |
现金转化率FOSLPLOW
| Q4 25 | — | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | — |
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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
