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FEDERAL SIGNAL CORP（FSS）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是FEDERAL SIGNAL CORP的1.3倍（$751.2M vs $597.1M），Monolithic Power Systems净利率更高（22.9% vs 10.2%，领先12.7%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 20.8%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $63.9M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 18.5%）
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。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
FSS vs MPWR — 直观对比
营收规模更大
MPWR
是对方的1.3倍
$597.1M
营收增速更快
FSS
高出5.7%
20.8%
净利率更高
MPWR
高出12.7%
10.2%
自由现金流更多
FSS
多$25.6M
$63.9M
两年增速更快
MPWR
近两年复合增速
18.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $751.2M |
| 净利润 | $60.8M | $171.7M |
| 毛利率 | 28.4% | 55.2% |
| 营业利润率 | 14.0% | 26.6% |
| 净利率 | 10.2% | 22.9% |
| 营收同比 | 26.5% | 20.8% |
| 净利润同比 | 21.6% | -86.3% |
| 每股收益（稀释后） | $0.99 | $3.50 |
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FSSMPWR
| Q4 25 | $597.1M | $751.2M | ||
| Q3 25 | $555.0M | $737.2M | ||
| Q2 25 | $564.6M | $664.6M | ||
| Q1 25 | $463.8M | $637.6M | ||
| Q4 24 | $472.0M | $621.7M | ||
| Q3 24 | $474.2M | $620.1M | ||
| Q2 24 | $490.4M | $507.4M | ||
| Q1 24 | $424.9M | $457.9M |
净利润FSSMPWR
| Q4 25 | $60.8M | $171.7M | ||
| Q3 25 | $68.1M | $179.8M | ||
| Q2 25 | $71.4M | $135.0M | ||
| Q1 25 | $46.3M | $135.1M | ||
| Q4 24 | $50.0M | $1.3B | ||
| Q3 24 | $53.9M | $144.4M | ||
| Q2 24 | $60.8M | $100.4M | ||
| Q1 24 | $51.6M | $92.5M |
毛利率FSSMPWR
| Q4 25 | 28.4% | 55.2% | ||
| Q3 25 | 29.1% | 55.1% | ||
| Q2 25 | 30.0% | 55.1% | ||
| Q1 25 | 28.2% | 55.4% | ||
| Q4 24 | 28.1% | 55.4% | ||
| Q3 24 | 29.6% | 55.4% | ||
| Q2 24 | 29.4% | 55.3% | ||
| Q1 24 | 27.3% | 55.1% |
营业利润率FSSMPWR
| Q4 25 | 14.0% | 26.6% | ||
| Q3 25 | 16.9% | 26.5% | ||
| Q2 25 | 17.3% | 24.8% | ||
| Q1 25 | 14.2% | 26.5% | ||
| Q4 24 | 14.9% | 26.3% | ||
| Q3 24 | 16.0% | 26.5% | ||
| Q2 24 | 16.5% | 23.0% | ||
| Q1 24 | 12.8% | 20.9% |
净利率FSSMPWR
| Q4 25 | 10.2% | 22.9% | ||
| Q3 25 | 12.3% | 24.4% | ||
| Q2 25 | 12.6% | 20.3% | ||
| Q1 25 | 10.0% | 21.2% | ||
| Q4 24 | 10.6% | 201.8% | ||
| Q3 24 | 11.4% | 23.3% | ||
| Q2 24 | 12.4% | 19.8% | ||
| Q1 24 | 12.1% | 20.2% |
每股收益（稀释后）FSSMPWR
| Q4 25 | $0.99 | $3.50 | ||
| Q3 25 | $1.11 | $3.74 | ||
| Q2 25 | $1.16 | $2.81 | ||
| Q1 25 | $0.75 | $2.81 | ||
| Q4 24 | $0.80 | $25.71 | ||
| Q3 24 | $0.87 | $2.95 | ||
| Q2 24 | $0.99 | $2.05 | ||
| Q1 24 | $0.84 | $1.89 |
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 | $1.3B |
| 总债务越低越好 | $564.6M | — |
| 股东权益账面价值 | $1.4B | $3.5B |
| 总资产 | $2.4B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.41× | — |
8季度趋势，按日历期对齐
现金及短期投资FSSMPWR
| Q4 25 | $63.7M | $1.3B | ||
| Q3 25 | $54.4M | $1.3B | ||
| Q2 25 | $64.7M | $1.1B | ||
| Q1 25 | $57.5M | $1.0B | ||
| Q4 24 | $91.1M | $862.9M | ||
| Q3 24 | $73.7M | $1.5B | ||
| Q2 24 | $48.6M | $1.3B | ||
| Q1 24 | $48.9M | $1.3B |
总债务FSSMPWR
| Q4 25 | $564.6M | — | ||
| Q3 25 | $201.2M | — | ||
| Q2 25 | $258.3M | — | ||
| Q1 25 | $266.9M | — | ||
| Q4 24 | $204.4M | — | ||
| Q3 24 | $223.3M | — | ||
| Q2 24 | $248.8M | — | ||
| Q1 24 | $266.8M | — |
股东权益FSSMPWR
| Q4 25 | $1.4B | $3.5B | ||
| Q3 25 | $1.3B | $3.4B | ||
| Q2 25 | $1.3B | $3.2B | ||
| Q1 25 | $1.2B | $3.1B | ||
| Q4 24 | $1.2B | $3.0B | ||
| Q3 24 | $1.1B | $2.4B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.0B | $2.1B |
总资产FSSMPWR
| Q4 25 | $2.4B | $4.2B | ||
| Q3 25 | $1.9B | $4.1B | ||
| Q2 25 | $1.9B | $3.9B | ||
| Q1 25 | $1.9B | $3.7B | ||
| Q4 24 | $1.8B | $3.5B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.7B | $2.6B | ||
| Q1 24 | $1.7B | $2.6B |
负债/权益比FSSMPWR
| Q4 25 | 0.41× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 0.23× | — | ||
| Q1 24 | 0.26× | — |
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 | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $89.5M | $63.9M |
| 自由现金流率自由现金流/营收 | 15.0% | 8.5% |
| 资本支出强度资本支出/营收 | 1.3% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.60× | 0.61× |
| 过去12个月自由现金流最近4个季度 | $227.1M | $666.2M |
8季度趋势，按日历期对齐
经营现金流FSSMPWR
| Q4 25 | $97.2M | $104.9M | ||
| Q3 25 | $61.1M | $239.3M | ||
| Q2 25 | $59.7M | $237.6M | ||
| Q1 25 | $36.7M | $256.4M | ||
| Q4 24 | $90.6M | $167.7M | ||
| Q3 24 | $68.8M | $231.7M | ||
| Q2 24 | $40.6M | $141.0M | ||
| Q1 24 | $31.3M | $248.1M |
自由现金流FSSMPWR
| Q4 25 | $89.5M | $63.9M | ||
| Q3 25 | $54.1M | $196.8M | ||
| Q2 25 | $52.4M | $189.5M | ||
| Q1 25 | $31.1M | $216.0M | ||
| Q4 24 | $82.1M | $102.9M | ||
| Q3 24 | $60.9M | $197.9M | ||
| Q2 24 | $24.8M | $109.5M | ||
| Q1 24 | $22.9M | $232.1M |
自由现金流率FSSMPWR
| Q4 25 | 15.0% | 8.5% | ||
| Q3 25 | 9.7% | 26.7% | ||
| Q2 25 | 9.3% | 28.5% | ||
| Q1 25 | 6.7% | 33.9% | ||
| Q4 24 | 17.4% | 16.5% | ||
| Q3 24 | 12.8% | 31.9% | ||
| Q2 24 | 5.1% | 21.6% | ||
| Q1 24 | 5.4% | 50.7% |
资本支出强度FSSMPWR
| Q4 25 | 1.3% | 5.5% | ||
| Q3 25 | 1.3% | 5.8% | ||
| Q2 25 | 1.3% | 7.2% | ||
| Q1 25 | 1.2% | 6.3% | ||
| Q4 24 | 1.8% | 10.4% | ||
| Q3 24 | 1.7% | 5.5% | ||
| Q2 24 | 3.2% | 6.2% | ||
| Q1 24 | 2.0% | 3.5% |
现金转化率FSSMPWR
| Q4 25 | 1.60× | 0.61× | ||
| Q3 25 | 0.90× | 1.33× | ||
| Q2 25 | 0.84× | 1.76× | ||
| Q1 25 | 0.79× | 1.90× | ||
| Q4 24 | 1.81× | 0.13× | ||
| Q3 24 | 1.28× | 1.60× | ||
| Q2 24 | 0.67× | 1.40× | ||
| Q1 24 | 0.61× | 2.68× |
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% |
MPWR
暂无分部数据
