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FRIEDMAN INDUSTRIES INC（FRD）与Shoals Technologies Group, Inc.（SHLS）财务数据对比。点击上方公司名可切换其他公司
FRIEDMAN INDUSTRIES INC的季度营收约是Shoals Technologies Group, Inc.的1.2倍（$168.0M vs $140.6M），FRIEDMAN INDUSTRIES INC净利率更高（1.8% vs -0.2%，领先2.0%），FRIEDMAN INDUSTRIES INC同比增速更快（78.6% vs 74.9%），过去两年Shoals Technologies Group, Inc.的营收复合增速更高（19.0% vs 13.3%）
赫尔曼与弗里德曼（H&F）是一家美国私募股权公司，由沃伦·赫尔曼与塔利·弗里德曼于1984年创立，主要通过杠杆收购及成长资本开展投资业务，核心投资方向覆盖传媒、金融服务、专业服务与信息服务等多个领域。
Shoals科技集团是可再生能源及电动出行领域的电气系统平衡解决方案供应商，核心产品覆盖光伏、储能及充电桩用连接组件，主要服务北美、欧洲、亚太市场的公用事业、工商业及民用客户。
FRD vs SHLS — 直观对比
营收规模更大
FRD
是对方的1.2倍
$140.6M
营收增速更快
FRD
高出3.6%
74.9%
净利率更高
FRD
高出2.0%
-0.2%
两年增速更快
SHLS
近两年复合增速
13.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $168.0M | $140.6M |
| 净利润 | $3.0M | $-297.0K |
| 毛利率 | 2.3% | 29.2% |
| 营业利润率 | 2.3% | 5.5% |
| 净利率 | 1.8% | -0.2% |
| 营收同比 | 78.6% | 74.9% |
| 净利润同比 | 364.1% | -5.3% |
| 每股收益（稀释后） | $0.43 | $0.00 |
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FRDSHLS
| Q1 26 | — | $140.6M | ||
| Q4 25 | $168.0M | $148.3M | ||
| Q3 25 | $152.4M | $135.8M | ||
| Q2 25 | $134.8M | $110.8M | ||
| Q1 25 | — | $80.4M | ||
| Q4 24 | $94.1M | $107.0M | ||
| Q3 24 | $106.8M | $102.2M | ||
| Q2 24 | $114.6M | $99.2M |
净利润FRDSHLS
| Q1 26 | — | $-297.0K | ||
| Q4 25 | $3.0M | $8.1M | ||
| Q3 25 | $2.2M | $11.9M | ||
| Q2 25 | $5.0M | $13.9M | ||
| Q1 25 | — | $-282.0K | ||
| Q4 24 | $-1.2M | $7.8M | ||
| Q3 24 | $-675.0K | $-267.0K | ||
| Q2 24 | $2.6M | $11.8M |
毛利率FRDSHLS
| Q1 26 | — | 29.2% | ||
| Q4 25 | 2.3% | 31.6% | ||
| Q3 25 | 1.9% | 37.0% | ||
| Q2 25 | 5.2% | 37.2% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | -0.2% | 24.8% | ||
| Q2 24 | -1.2% | 40.3% |
营业利润率FRDSHLS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.3% | 11.7% | ||
| Q3 25 | 1.9% | 13.7% | ||
| Q2 25 | 5.2% | 14.4% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | -1.3% | 15.4% | ||
| Q3 24 | -0.2% | 4.4% | ||
| Q2 24 | -1.2% | 18.7% |
净利率FRDSHLS
| Q1 26 | — | -0.2% | ||
| Q4 25 | 1.8% | 5.5% | ||
| Q3 25 | 1.5% | 8.7% | ||
| Q2 25 | 3.7% | 12.5% | ||
| Q1 25 | — | -0.4% | ||
| Q4 24 | -1.2% | 7.3% | ||
| Q3 24 | -0.6% | -0.3% | ||
| Q2 24 | 2.2% | 11.9% |
每股收益（稀释后）FRDSHLS
| Q1 26 | — | $0.00 | ||
| Q4 25 | $0.43 | $0.05 | ||
| Q3 25 | $0.32 | $0.07 | ||
| Q2 25 | $0.71 | $0.08 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | $-0.17 | $0.04 | ||
| Q3 24 | $-0.10 | $0.00 | ||
| Q2 24 | $0.37 | $0.07 |
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 | $3.0M | $1.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $142.2M | $601.6M |
| 总资产 | $311.9M | $1.0B |
| 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FRDSHLS
| Q1 26 | — | $1.9M | ||
| Q4 25 | $3.0M | $7.3M | ||
| Q3 25 | $4.6M | $8.6M | ||
| Q2 25 | $2.1M | $4.7M | ||
| Q1 25 | — | $35.6M | ||
| Q4 24 | $1.1M | $23.5M | ||
| Q3 24 | $2.5M | $11.1M | ||
| Q2 24 | $4.1M | $3.2M |
总债务FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $141.8M | ||
| Q4 24 | — | $141.8M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $146.8M |
股东权益FRDSHLS
| Q1 26 | — | $601.6M | ||
| Q4 25 | $142.2M | $600.0M | ||
| Q3 25 | $139.3M | $589.6M | ||
| Q2 25 | $137.3M | $575.4M | ||
| Q1 25 | — | $558.9M | ||
| Q4 24 | $127.3M | $556.8M | ||
| Q3 24 | $128.8M | $545.2M | ||
| Q2 24 | $129.7M | $544.6M |
总资产FRDSHLS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $311.9M | $904.1M | ||
| Q3 25 | $311.3M | $851.8M | ||
| Q2 25 | $219.1M | $795.0M | ||
| Q1 25 | — | $788.4M | ||
| Q4 24 | $210.3M | $793.1M | ||
| Q3 24 | $209.2M | $801.3M | ||
| Q2 24 | $222.8M | $788.4M |
负债/权益比FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.27× |
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 | $-4.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-6.3M | — |
| 自由现金流率自由现金流/营收 | -3.8% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | -1.56× | — |
| 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FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | $-4.7M | $-4.1M | ||
| Q3 25 | $434.0K | $19.4M | ||
| Q2 25 | $15.5M | $-13.8M | ||
| Q1 25 | — | $15.6M | ||
| Q4 24 | — | $14.0M | ||
| Q3 24 | — | $15.7M | ||
| Q2 24 | $-6.1M | $37.8M |
自由现金流FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | $-6.3M | $-11.3M | ||
| Q3 25 | $-2.0M | $9.0M | ||
| Q2 25 | $13.7M | $-26.0M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | — | $13.3M | ||
| Q2 24 | $-7.1M | $35.8M |
自由现金流率FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | -7.6% | ||
| Q3 25 | -1.3% | 6.6% | ||
| Q2 25 | 10.2% | -23.5% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | — | 13.0% | ||
| Q2 24 | -6.2% | 36.1% |
资本支出强度FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 4.8% | ||
| Q3 25 | 1.6% | 7.7% | ||
| Q2 25 | 1.3% | 11.0% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | 0.9% | 2.0% |
现金转化率FRDSHLS
| Q1 26 | — | — | ||
| Q4 25 | -1.56× | -0.50× | ||
| Q3 25 | 0.19× | 1.63× | ||
| Q2 25 | 3.08× | -1.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.36× | 3.21× |
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
FRD
| Prime Coil | $152.0M | 90% |
| Manufactured Pipe | $14.9M | 9% |
| Customer Owned | $1.1M | 1% |
SHLS
暂无分部数据
