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FIRST INDUSTRIAL REALTY TRUST INC（FR）与Liberty Broadband Corp（LBRDA）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是FIRST INDUSTRIAL REALTY TRUST INC的1.3倍（$261.0M vs $194.8M），Liberty Broadband Corp净利率更高（146.7% vs 75.9%，领先70.8%），FIRST INDUSTRIAL REALTY TRUST INC同比增速更快（10.0% vs 6.1%），过去两年FIRST INDUSTRIAL REALTY TRUST INC的营收复合增速更高（8.9% vs 4.3%）
该企业是一家房地产投资信托机构，主要投资华盛顿大都会区郊区的工业地产与商务园区类资产，拥有成熟的不动产投资运营经验，于2017年被政府物业收入信托正式收购。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
FR vs LBRDA — 直观对比
营收规模更大
LBRDA
是对方的1.3倍
$194.8M
营收增速更快
FR
高出3.9%
6.1%
净利率更高
LBRDA
高出70.8%
75.9%
两年增速更快
FR
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $194.8M | $261.0M |
| 净利润 | $147.9M | $383.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 15.7% |
| 净利率 | 75.9% | 146.7% |
| 营收同比 | 10.0% | 6.1% |
| 净利润同比 | 179.7% | 96.4% |
| 每股收益（稀释后） | $1.08 | $2.68 |
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FRLBRDA
| Q1 26 | $194.8M | — | ||
| Q4 25 | $188.4M | — | ||
| Q3 25 | $181.4M | — | ||
| Q2 25 | $180.2M | $261.0M | ||
| Q1 25 | $177.1M | $266.0M | ||
| Q4 24 | $175.6M | $263.0M | ||
| Q3 24 | $167.6M | $262.0M | ||
| Q2 24 | $164.1M | $246.0M |
净利润FRLBRDA
| Q1 26 | $147.9M | — | ||
| Q4 25 | $78.8M | — | ||
| Q3 25 | $65.3M | — | ||
| Q2 25 | $55.2M | $383.0M | ||
| Q1 25 | $48.1M | $268.0M | ||
| Q4 24 | $68.4M | $291.0M | ||
| Q3 24 | $99.4M | $142.0M | ||
| Q2 24 | $51.3M | $195.0M |
营业利润率FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | 34.6% | — | ||
| Q3 25 | 37.0% | — | ||
| Q2 25 | 31.7% | 15.7% | ||
| Q1 25 | 31.2% | 16.2% | ||
| Q4 24 | 40.1% | 4.9% | ||
| Q3 24 | 62.6% | 11.5% | ||
| Q2 24 | 31.8% | 8.5% |
净利率FRLBRDA
| Q1 26 | 75.9% | — | ||
| Q4 25 | 41.8% | — | ||
| Q3 25 | 36.0% | — | ||
| Q2 25 | 30.6% | 146.7% | ||
| Q1 25 | 27.2% | 100.8% | ||
| Q4 24 | 39.0% | 110.6% | ||
| Q3 24 | 59.3% | 54.2% | ||
| Q2 24 | 31.3% | 79.3% |
每股收益（稀释后）FRLBRDA
| Q1 26 | $1.08 | — | ||
| Q4 25 | $0.60 | — | ||
| Q3 25 | $0.49 | — | ||
| Q2 25 | $0.42 | $2.68 | ||
| Q1 25 | $0.36 | $1.87 | ||
| Q4 24 | $0.51 | $2.04 | ||
| Q3 24 | $0.75 | $0.99 | ||
| Q2 24 | $0.39 | $1.36 |
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 | — | $180.0M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $2.9B | $10.4B |
| 总资产 | $5.8B | $16.6B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | $78.0M | — | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $34.9M | $180.0M | ||
| Q1 25 | $35.7M | $226.0M | ||
| Q4 24 | $44.5M | $163.0M | ||
| Q3 24 | $47.1M | $168.0M | ||
| Q2 24 | $38.5M | $73.0M |
总债务FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | — | $3.6B |
股东权益FRLBRDA
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | $10.4B | ||
| Q1 25 | $2.7B | $10.1B | ||
| Q4 24 | $2.7B | $9.8B | ||
| Q3 24 | $2.6B | $9.5B | ||
| Q2 24 | $2.6B | $9.3B |
总资产FRLBRDA
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $5.5B | $16.6B | ||
| Q1 25 | $5.4B | $17.0B | ||
| Q4 24 | $5.3B | $16.7B | ||
| Q3 24 | $5.2B | $16.3B | ||
| Q2 24 | $5.2B | $16.0B |
负债/权益比FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× |
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 | — | $91.0M |
| 自由现金流经营现金流 - 资本支出 | — | $37.0M |
| 自由现金流率自由现金流/营收 | — | 14.2% |
| 资本支出强度资本支出/营收 | — | 20.7% |
| 现金转化率经营现金流/净利润 | — | 0.24× |
| 过去12个月自由现金流最近4个季度 | — | $-49.0M |
8季度趋势，按日历期对齐
经营现金流FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | $461.3M | — | ||
| Q3 25 | $124.6M | — | ||
| Q2 25 | $126.1M | $91.0M | ||
| Q1 25 | $88.6M | $78.0M | ||
| Q4 24 | $352.5M | $1.0M | ||
| Q3 24 | $105.5M | $24.0M | ||
| Q2 24 | $107.7M | $27.0M |
自由现金流FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $37.0M | ||
| Q1 25 | — | $13.0M | ||
| Q4 24 | — | $-63.0M | ||
| Q3 24 | — | $-36.0M | ||
| Q2 24 | — | $-35.0M |
自由现金流率FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | — | -24.0% | ||
| Q3 24 | — | -13.7% | ||
| Q2 24 | — | -14.2% |
资本支出强度FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 25.2% |
现金转化率FRLBRDA
| Q1 26 | — | — | ||
| Q4 25 | 5.85× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.28× | 0.24× | ||
| Q1 25 | 1.84× | 0.29× | ||
| Q4 24 | 5.15× | 0.00× | ||
| Q3 24 | 1.06× | 0.17× | ||
| Q2 24 | 2.10× | 0.14× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
