vs
福克斯集团（FOXA）与福泰制药（VRTX）财务数据对比。点击上方公司名可切换其他公司
福克斯集团的季度营收约是福泰制药的1.6倍（$5.2B vs $3.2B），福泰制药净利率更高（37.3% vs 4.8%，领先32.6%），福泰制药同比增速更快（9.5% vs 2.0%），福泰制药自由现金流更多（$348.6M vs $-791.0M），过去两年福克斯集团的营收复合增速更高（22.6% vs 8.9%）
福克斯集团是美国跨国大众传媒企业，总部位于纽约曼哈顿中城美洲大道1211号，在加州伯班克也设有办公点。公司以威廉·福克斯命名，在特拉华州注册，2019年3月19日从21世纪福克斯分拆而来，承接后者的电视广播、新闻及体育业务，由拉克兰·默多克通过家族信托持有36%投票权实现控股。
福泰制药是总部位于美国马萨诸塞州波士顿的生物制药企业，是全球首批明确采用理性药物设计策略、而非组合化学方法开发药物的生物技术公司之一。除波士顿总部外，公司还在加州圣迭戈、英国牛津郡米尔顿公园设有三处研发中心。
FOXA vs VRTX — 直观对比
营收规模更大
FOXA
是对方的1.6倍
$3.2B
营收增速更快
VRTX
高出7.5%
2.0%
净利率更高
VRTX
高出32.6%
4.8%
自由现金流更多
VRTX
多$1.1B
$-791.0M
两年增速更快
FOXA
近两年复合增速
8.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $3.2B |
| 净利润 | $247.0M | $1.2B |
| 毛利率 | — | 85.4% |
| 营业利润率 | 6.2% | 37.8% |
| 净利率 | 4.8% | 37.3% |
| 营收同比 | 2.0% | 9.5% |
| 净利润同比 | -36.3% | 30.5% |
| 每股收益（稀释后） | $0.52 | $4.64 |
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FOXAVRTX
| Q4 25 | $5.2B | $3.2B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.3B | $3.0B | ||
| Q1 25 | $4.4B | $2.8B | ||
| Q4 24 | $5.1B | $2.9B | ||
| Q3 24 | $3.6B | $2.8B | ||
| Q2 24 | $3.1B | $2.6B | ||
| Q1 24 | $3.4B | $2.7B |
净利润FOXAVRTX
| Q4 25 | $247.0M | $1.2B | ||
| Q3 25 | $609.0M | $1.1B | ||
| Q2 25 | $719.0M | $1.0B | ||
| Q1 25 | $354.0M | $646.3M | ||
| Q4 24 | $388.0M | $913.0M | ||
| Q3 24 | $832.0M | $1.0B | ||
| Q2 24 | $320.0M | $-3.6B | ||
| Q1 24 | $704.0M | $1.1B |
毛利率FOXAVRTX
| Q4 25 | — | 85.4% | ||
| Q3 25 | — | 86.5% | ||
| Q2 25 | — | 86.3% | ||
| Q1 25 | — | 86.9% | ||
| Q4 24 | — | 85.5% | ||
| Q3 24 | — | 85.8% | ||
| Q2 24 | — | 85.9% | ||
| Q1 24 | — | 87.3% |
营业利润率FOXAVRTX
| Q4 25 | 6.2% | 37.8% | ||
| Q3 25 | 21.4% | 38.6% | ||
| Q2 25 | 29.2% | 38.8% | ||
| Q1 25 | 10.8% | 22.7% | ||
| Q4 24 | 10.1% | 35.2% | ||
| Q3 24 | 31.2% | 40.3% | ||
| Q2 24 | 14.6% | -132.9% | ||
| Q1 24 | 27.9% | 42.4% |
净利率FOXAVRTX
| Q4 25 | 4.8% | 37.3% | ||
| Q3 25 | 16.3% | 35.2% | ||
| Q2 25 | 21.9% | 34.8% | ||
| Q1 25 | 8.1% | 23.3% | ||
| Q4 24 | 7.6% | 31.4% | ||
| Q3 24 | 23.3% | 37.7% | ||
| Q2 24 | 10.3% | -135.8% | ||
| Q1 24 | 20.4% | 40.9% |
每股收益（稀释后）FOXAVRTX
| Q4 25 | $0.52 | $4.64 | ||
| Q3 25 | $1.32 | $4.20 | ||
| Q2 25 | $1.57 | $3.99 | ||
| Q1 25 | $0.75 | $2.49 | ||
| Q4 24 | $0.81 | $3.62 | ||
| Q3 24 | $1.78 | $4.01 | ||
| Q2 24 | $0.68 | $-13.92 | ||
| Q1 24 | $1.40 | $4.21 |
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 | — | $6.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.9B | $18.7B |
| 总资产 | $21.5B | $25.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FOXAVRTX
| Q4 25 | — | $6.6B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $5.8B | ||
| Q1 24 | — | $10.2B |
总债务FOXAVRTX
| Q4 25 | — | — | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $6.6B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $7.2B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.2B | — |
股东权益FOXAVRTX
| Q4 25 | $10.9B | $18.7B | ||
| Q3 25 | $12.2B | $17.3B | ||
| Q2 25 | $12.0B | $17.2B | ||
| Q1 25 | $11.5B | $16.5B | ||
| Q4 24 | $11.5B | $16.4B | ||
| Q3 24 | $11.3B | $15.6B | ||
| Q2 24 | $10.7B | $14.8B | ||
| Q1 24 | $10.6B | $18.5B |
总资产FOXAVRTX
| Q4 25 | $21.5B | $25.6B | ||
| Q3 25 | $22.8B | $24.9B | ||
| Q2 25 | $23.2B | $24.0B | ||
| Q1 25 | $23.4B | $22.9B | ||
| Q4 24 | $23.0B | $22.5B | ||
| Q3 24 | $22.5B | $22.2B | ||
| Q2 24 | $22.0B | $20.1B | ||
| Q1 24 | $21.7B | $23.9B |
负债/权益比FOXAVRTX
| Q4 25 | — | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.67× | — | ||
| Q1 24 | 0.68× | — |
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 | $-669.0M | $498.0M |
| 自由现金流经营现金流 - 资本支出 | $-791.0M | $348.6M |
| 自由现金流率自由现金流/营收 | -15.3% | 10.9% |
| 资本支出强度资本支出/营收 | 2.4% | 4.7% |
| 现金转化率经营现金流/净利润 | -2.71× | 0.42× |
| 过去12个月自由现金流最近4个季度 | $2.3B | $3.2B |
8季度趋势，按日历期对齐
经营现金流FOXAVRTX
| Q4 25 | $-669.0M | $498.0M | ||
| Q3 25 | $-130.0M | $1.2B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $2.0B | $818.9M | ||
| Q4 24 | $-362.0M | $584.6M | ||
| Q3 24 | $158.0M | $1.4B | ||
| Q2 24 | $899.0M | $-3.8B | ||
| Q1 24 | $1.5B | $1.3B |
自由现金流FOXAVRTX
| Q4 25 | $-791.0M | $348.6M | ||
| Q3 25 | $-234.0M | $1.1B | ||
| Q2 25 | $1.4B | $927.4M | ||
| Q1 25 | $1.9B | $778.2M | ||
| Q4 24 | $-436.0M | $492.0M | ||
| Q3 24 | $94.0M | $1.3B | ||
| Q2 24 | $787.0M | $-3.8B | ||
| Q1 24 | $1.4B | $1.2B |
自由现金流率FOXAVRTX
| Q4 25 | -15.3% | 10.9% | ||
| Q3 25 | -6.3% | 37.0% | ||
| Q2 25 | 42.4% | 31.3% | ||
| Q1 25 | 44.4% | 28.1% | ||
| Q4 24 | -8.6% | 16.9% | ||
| Q3 24 | 2.6% | 47.0% | ||
| Q2 24 | 25.5% | -144.5% | ||
| Q1 24 | 40.4% | 46.0% |
资本支出强度FOXAVRTX
| Q4 25 | 2.4% | 4.7% | ||
| Q3 25 | 2.8% | 3.3% | ||
| Q2 25 | 3.6% | 4.9% | ||
| Q1 25 | 1.7% | 1.5% | ||
| Q4 24 | 1.5% | 3.2% | ||
| Q3 24 | 1.8% | 2.4% | ||
| Q2 24 | 3.6% | 2.6% | ||
| Q1 24 | 2.4% | 2.5% |
现金转化率FOXAVRTX
| Q4 25 | -2.71× | 0.42× | ||
| Q3 25 | -0.21× | 1.15× | ||
| Q2 25 | 2.10× | 1.04× | ||
| Q1 25 | 5.69× | 1.27× | ||
| Q4 24 | -0.93× | 0.64× | ||
| Q3 24 | 0.19× | 1.31× | ||
| Q2 24 | 2.81× | — | ||
| Q1 24 | 2.10× | 1.19× |
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
FOXA
| Television Segment | $2.9B | 57% |
| Distribution | $1.2B | 22% |
| Other | $621.0M | 12% |
| Advertising | $491.0M | 9% |
VRTX
| TRIKAFTAKAFTRIO | $2.6B | 81% |
| ALYFTREK | $380.1M | 12% |
| Manufactured Product Other | $237.4M | 7% |
