vs
Federal Realty Investment Trust（FRT）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Federal Realty Investment Trust的季度营收约是Rocket Lab Corp的1.9倍（$336.0M vs $179.7M），Federal Realty Investment Trust净利率更高（38.6% vs -29.5%，领先68.1%），Rocket Lab Corp同比增速更快（35.7% vs 8.7%），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 6.5%）
Federal Realty Investment Trust是一家专业房地产投资信托基金，核心投资标的为购物中心类商业物业，资产布局覆盖美国东北部、大西洋中部地区、加利福尼亚州及南佛罗里达区域，在当地商业不动产投资领域拥有丰富的运营经验。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
FRT vs RKLB — 直观对比
营收规模更大
FRT
是对方的1.9倍
$179.7M
营收增速更快
RKLB
高出27.0%
8.7%
净利率更高
FRT
高出68.1%
-29.5%
两年增速更快
RKLB
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $336.0M | $179.7M |
| 净利润 | $129.7M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 53.8% | -28.4% |
| 净利率 | 38.6% | -29.5% |
| 营收同比 | 8.7% | 35.7% |
| 净利润同比 | 103.5% | -1.1% |
| 每股收益（稀释后） | $1.49 | $-0.09 |
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FRTRKLB
| Q1 26 | $336.0M | — | ||
| Q4 25 | $336.0M | $179.7M | ||
| Q3 25 | $322.3M | $155.1M | ||
| Q2 25 | $311.5M | $144.5M | ||
| Q1 25 | $309.2M | $122.6M | ||
| Q4 24 | $311.4M | $132.4M | ||
| Q3 24 | $303.6M | $104.8M | ||
| Q2 24 | $296.1M | $106.3M |
净利润FRTRKLB
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | $-52.9M | ||
| Q3 25 | $61.6M | $-18.3M | ||
| Q2 25 | $155.9M | $-66.4M | ||
| Q1 25 | $63.8M | $-60.6M | ||
| Q4 24 | $65.5M | $-52.3M | ||
| Q3 24 | $61.0M | $-51.9M | ||
| Q2 24 | $112.0M | $-41.6M |
毛利率FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% |
营业利润率FRTRKLB
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | -28.4% | ||
| Q3 25 | 34.3% | -38.0% | ||
| Q2 25 | 65.1% | -41.3% | ||
| Q1 25 | 35.0% | -48.3% | ||
| Q4 24 | 35.1% | -38.9% | ||
| Q3 24 | 34.9% | -49.5% | ||
| Q2 24 | 53.0% | -40.7% |
净利率FRTRKLB
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | -29.5% | ||
| Q3 25 | 19.1% | -11.8% | ||
| Q2 25 | 50.0% | -46.0% | ||
| Q1 25 | 20.6% | -49.5% | ||
| Q4 24 | 21.0% | -39.5% | ||
| Q3 24 | 20.1% | -49.6% | ||
| Q2 24 | 37.8% | -39.2% |
每股收益（稀释后）FRTRKLB
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | $-0.09 | ||
| Q3 25 | $0.69 | $-0.03 | ||
| Q2 25 | $1.78 | $-0.13 | ||
| Q1 25 | $0.72 | $-0.12 | ||
| Q4 24 | $0.74 | $-0.11 | ||
| Q3 24 | $0.70 | $-0.10 | ||
| Q2 24 | $1.32 | $-0.08 |
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 | $107.4M | $1.0B |
| 总债务越低越好 | $5.0B | $152.4M |
| 股东权益账面价值 | $3.2B | $1.7B |
| 总资产 | $9.1B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.53× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资FRTRKLB
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | $1.0B | ||
| Q3 25 | $111.3M | $976.7M | ||
| Q2 25 | $177.0M | $688.1M | ||
| Q1 25 | $109.2M | $428.4M | ||
| Q4 24 | $123.4M | $419.0M | ||
| Q3 24 | $97.0M | $442.4M | ||
| Q2 24 | $103.2M | $496.8M |
总债务FRTRKLB
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | $4.5B | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M |
股东权益FRTRKLB
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $1.7B | ||
| Q3 25 | $3.2B | $1.3B | ||
| Q2 25 | $3.2B | $688.5M | ||
| Q1 25 | $3.2B | $431.3M | ||
| Q4 24 | $3.2B | $382.5M | ||
| Q3 24 | $3.1B | $419.8M | ||
| Q2 24 | $3.0B | $455.2M |
总资产FRTRKLB
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $2.3B | ||
| Q3 25 | $8.9B | $2.2B | ||
| Q2 25 | $8.6B | $1.6B | ||
| Q1 25 | $8.6B | $1.3B | ||
| Q4 24 | $8.5B | $1.2B | ||
| Q3 24 | $8.5B | $1.2B | ||
| Q2 24 | $8.4B | $1.2B |
负债/权益比FRTRKLB
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | 1.42× | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× |
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 | — | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-114.2M |
| 自由现金流率自由现金流/营收 | — | -63.6% |
| 资本支出强度资本支出/营收 | — | 27.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-321.8M |
8季度趋势，按日历期对齐
经营现金流FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | $-64.5M | ||
| Q3 25 | $147.8M | $-23.5M | ||
| Q2 25 | $150.7M | $-23.2M | ||
| Q1 25 | $179.0M | $-54.2M | ||
| Q4 24 | $574.6M | $-2.4M | ||
| Q3 24 | $144.1M | $-30.9M | ||
| Q2 24 | $169.7M | $-13.0M |
自由现金流FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | $-114.2M | ||
| Q3 25 | — | $-69.4M | ||
| Q2 25 | — | $-55.3M | ||
| Q1 25 | — | $-82.9M | ||
| Q4 24 | — | $-23.9M | ||
| Q3 24 | — | $-41.9M | ||
| Q2 24 | — | $-28.3M |
自由现金流率FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | -63.6% | ||
| Q3 25 | — | -44.8% | ||
| Q2 25 | — | -38.3% | ||
| Q1 25 | — | -67.6% | ||
| Q4 24 | — | -18.1% | ||
| Q3 24 | — | -40.0% | ||
| Q2 24 | — | -26.7% |
资本支出强度FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | — | 27.6% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 14.4% |
现金转化率FRTRKLB
| Q1 26 | — | — | ||
| Q4 25 | 4.80× | — | ||
| Q3 25 | 2.40× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 8.77× | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 1.52× | — |
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
FRT
暂无分部数据
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
