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FEDERAL SIGNAL CORP（FSS）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
FEDERAL SIGNAL CORP的季度营收约是迈心诺的1.6倍（$597.1M vs $371.5M），FEDERAL SIGNAL CORP净利率更高（10.2% vs -27.0%，领先37.2%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs -26.4%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $50.9M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs -17.7%）
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
FSS vs MASI — 直观对比
营收规模更大
FSS
是对方的1.6倍
$371.5M
营收增速更快
FSS
高出52.9%
-26.4%
净利率更高
FSS
高出37.2%
-27.0%
自由现金流更多
FSS
多$38.6M
$50.9M
两年增速更快
FSS
近两年复合增速
-17.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $371.5M |
| 净利润 | $60.8M | $-100.4M |
| 毛利率 | 28.4% | 62.1% |
| 营业利润率 | 14.0% | 22.5% |
| 净利率 | 10.2% | -27.0% |
| 营收同比 | 26.5% | -26.4% |
| 净利润同比 | 21.6% | -1124.5% |
| 每股收益（稀释后） | $0.99 | $-1.84 |
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FSSMASI
| Q4 25 | $597.1M | — | ||
| Q3 25 | $555.0M | $371.5M | ||
| Q2 25 | $564.6M | $370.9M | ||
| Q1 25 | $463.8M | $372.0M | ||
| Q4 24 | $472.0M | $600.7M | ||
| Q3 24 | $474.2M | $504.6M | ||
| Q2 24 | $490.4M | $496.3M | ||
| Q1 24 | $424.9M | $492.8M |
净利润FSSMASI
| Q4 25 | $60.8M | — | ||
| Q3 25 | $68.1M | $-100.4M | ||
| Q2 25 | $71.4M | $51.3M | ||
| Q1 25 | $46.3M | $-170.7M | ||
| Q4 24 | $50.0M | $-349.6M | ||
| Q3 24 | $53.9M | $9.8M | ||
| Q2 24 | $60.8M | $16.0M | ||
| Q1 24 | $51.6M | $18.9M |
毛利率FSSMASI
| Q4 25 | 28.4% | — | ||
| Q3 25 | 29.1% | 62.1% | ||
| Q2 25 | 30.0% | 62.9% | ||
| Q1 25 | 28.2% | 62.9% | ||
| Q4 24 | 28.1% | 40.7% | ||
| Q3 24 | 29.6% | 52.2% | ||
| Q2 24 | 29.4% | 51.3% | ||
| Q1 24 | 27.3% | 49.0% |
营业利润率FSSMASI
| Q4 25 | 14.0% | — | ||
| Q3 25 | 16.9% | 22.5% | ||
| Q2 25 | 17.3% | 17.4% | ||
| Q1 25 | 14.2% | 21.0% | ||
| Q4 24 | 14.9% | -59.8% | ||
| Q3 24 | 16.0% | 6.0% | ||
| Q2 24 | 16.5% | 5.7% | ||
| Q1 24 | 12.8% | 6.9% |
净利率FSSMASI
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.3% | -27.0% | ||
| Q2 25 | 12.6% | 13.8% | ||
| Q1 25 | 10.0% | -45.9% | ||
| Q4 24 | 10.6% | -58.2% | ||
| Q3 24 | 11.4% | 1.9% | ||
| Q2 24 | 12.4% | 3.2% | ||
| Q1 24 | 12.1% | 3.8% |
每股收益（稀释后）FSSMASI
| Q4 25 | $0.99 | — | ||
| Q3 25 | $1.11 | $-1.84 | ||
| Q2 25 | $1.16 | $0.94 | ||
| Q1 25 | $0.75 | $-3.12 | ||
| Q4 24 | $0.80 | $-6.54 | ||
| Q3 24 | $0.87 | $0.18 | ||
| Q2 24 | $0.99 | $0.29 | ||
| Q1 24 | $0.84 | $0.35 |
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 | $63.7M | $312.3M |
| 总债务越低越好 | $564.6M | $559.1M |
| 股东权益账面价值 | $1.4B | $810.0M |
| 总资产 | $2.4B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.41× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资FSSMASI
| Q4 25 | $63.7M | — | ||
| Q3 25 | $54.4M | $312.3M | ||
| Q2 25 | $64.7M | $149.6M | ||
| Q1 25 | $57.5M | $130.8M | ||
| Q4 24 | $91.1M | $177.6M | ||
| Q3 24 | $73.7M | $158.5M | ||
| Q2 24 | $48.6M | $129.6M | ||
| Q1 24 | $48.9M | $157.6M |
总债务FSSMASI
| Q4 25 | $564.6M | — | ||
| Q3 25 | $201.2M | $559.1M | ||
| Q2 25 | $258.3M | $613.7M | ||
| Q1 25 | $266.9M | $651.0M | ||
| Q4 24 | $204.4M | $765.2M | ||
| Q3 24 | $223.3M | $772.6M | ||
| Q2 24 | $248.8M | $781.6M | ||
| Q1 24 | $266.8M | $876.0M |
股东权益FSSMASI
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | $810.0M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.2B | $946.4M | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $1.0B | $1.4B |
总资产FSSMASI
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.9B | $2.3B | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.7B | $2.9B | ||
| Q1 24 | $1.7B | $3.0B |
负债/权益比FSSMASI
| Q4 25 | 0.41× | — | ||
| Q3 25 | 0.15× | 0.69× | ||
| Q2 25 | 0.20× | 0.59× | ||
| Q1 25 | 0.22× | 0.69× | ||
| Q4 24 | 0.17× | 0.73× | ||
| Q3 24 | 0.19× | 0.53× | ||
| Q2 24 | 0.23× | 0.57× | ||
| Q1 24 | 0.26× | 0.64× |
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 | $97.2M | $56.8M |
| 自由现金流经营现金流 - 资本支出 | $89.5M | $50.9M |
| 自由现金流率自由现金流/营收 | 15.0% | 13.7% |
| 资本支出强度资本支出/营收 | 1.3% | 1.6% |
| 现金转化率经营现金流/净利润 | 1.60× | — |
| 过去12个月自由现金流最近4个季度 | $227.1M | $191.0M |
8季度趋势，按日历期对齐
经营现金流FSSMASI
| Q4 25 | $97.2M | — | ||
| Q3 25 | $61.1M | $56.8M | ||
| Q2 25 | $59.7M | $69.4M | ||
| Q1 25 | $36.7M | $31.1M | ||
| Q4 24 | $90.6M | $50.5M | ||
| Q3 24 | $68.8M | $25.6M | ||
| Q2 24 | $40.6M | $74.5M | ||
| Q1 24 | $31.3M | $45.8M |
自由现金流FSSMASI
| Q4 25 | $89.5M | — | ||
| Q3 25 | $54.1M | $50.9M | ||
| Q2 25 | $52.4M | $65.6M | ||
| Q1 25 | $31.1M | $28.5M | ||
| Q4 24 | $82.1M | $46.0M | ||
| Q3 24 | $60.9M | $16.9M | ||
| Q2 24 | $24.8M | $66.9M | ||
| Q1 24 | $22.9M | $37.6M |
自由现金流率FSSMASI
| Q4 25 | 15.0% | — | ||
| Q3 25 | 9.7% | 13.7% | ||
| Q2 25 | 9.3% | 17.7% | ||
| Q1 25 | 6.7% | 7.7% | ||
| Q4 24 | 17.4% | 7.7% | ||
| Q3 24 | 12.8% | 3.3% | ||
| Q2 24 | 5.1% | 13.5% | ||
| Q1 24 | 5.4% | 7.6% |
资本支出强度FSSMASI
| Q4 25 | 1.3% | — | ||
| Q3 25 | 1.3% | 1.6% | ||
| Q2 25 | 1.3% | 1.0% | ||
| Q1 25 | 1.2% | 0.7% | ||
| Q4 24 | 1.8% | 0.7% | ||
| Q3 24 | 1.7% | 1.7% | ||
| Q2 24 | 3.2% | 1.5% | ||
| Q1 24 | 2.0% | 1.7% |
现金转化率FSSMASI
| Q4 25 | 1.60× | — | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 0.84× | 1.35× | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.28× | 2.61× | ||
| Q2 24 | 0.67× | 4.66× | ||
| Q1 24 | 0.61× | 2.42× |
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
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
MASI
暂无分部数据
