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FEDERAL SIGNAL CORP（FSS）与OSI SYSTEMS INC（OSIS）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OSI SYSTEMS INC的1.3倍（$597.1M vs $464.1M），FEDERAL SIGNAL CORP净利率更高（10.2% vs 8.3%，领先1.8%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 10.5%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $55.5M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 7.0%）
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。
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
FSS vs OSIS — 直观对比
营收规模更大
FSS
是对方的1.3倍
$464.1M
营收增速更快
FSS
高出16.0%
10.5%
净利率更高
FSS
高出1.8%
8.3%
自由现金流更多
FSS
多$34.0M
$55.5M
两年增速更快
FSS
近两年复合增速
7.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $464.1M |
| 净利润 | $60.8M | $38.7M |
| 毛利率 | 28.4% | 32.7% |
| 营业利润率 | 14.0% | 12.7% |
| 净利率 | 10.2% | 8.3% |
| 营收同比 | 26.5% | 10.5% |
| 净利润同比 | 21.6% | 2.3% |
| 每股收益（稀释后） | $0.99 | $2.22 |
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FSSOSIS
| Q4 25 | $597.1M | $464.1M | ||
| Q3 25 | $555.0M | $384.6M | ||
| Q2 25 | $564.6M | $505.0M | ||
| Q1 25 | $463.8M | $444.4M | ||
| Q4 24 | $472.0M | $419.8M | ||
| Q3 24 | $474.2M | $344.0M | ||
| Q2 24 | $490.4M | $480.9M | ||
| Q1 24 | $424.9M | $405.4M |
净利润FSSOSIS
| Q4 25 | $60.8M | $38.7M | ||
| Q3 25 | $68.1M | $20.6M | ||
| Q2 25 | $71.4M | $52.7M | ||
| Q1 25 | $46.3M | $41.1M | ||
| Q4 24 | $50.0M | $37.8M | ||
| Q3 24 | $53.9M | $17.9M | ||
| Q2 24 | $60.8M | $44.7M | ||
| Q1 24 | $51.6M | $34.0M |
毛利率FSSOSIS
| Q4 25 | 28.4% | 32.7% | ||
| Q3 25 | 29.1% | 32.0% | ||
| Q2 25 | 30.0% | 33.3% | ||
| Q1 25 | 28.2% | 33.8% | ||
| Q4 24 | 28.1% | 35.1% | ||
| Q3 24 | 29.6% | 35.3% | ||
| Q2 24 | 29.4% | 32.1% | ||
| Q1 24 | 27.3% | 33.6% |
营业利润率FSSOSIS
| Q4 25 | 14.0% | 12.7% | ||
| Q3 25 | 16.9% | 8.6% | ||
| Q2 25 | 17.3% | 14.5% | ||
| Q1 25 | 14.2% | 12.7% | ||
| Q4 24 | 14.9% | 13.8% | ||
| Q3 24 | 16.0% | 8.8% | ||
| Q2 24 | 16.5% | 13.1% | ||
| Q1 24 | 12.8% | 12.7% |
净利率FSSOSIS
| Q4 25 | 10.2% | 8.3% | ||
| Q3 25 | 12.3% | 5.3% | ||
| Q2 25 | 12.6% | 10.4% | ||
| Q1 25 | 10.0% | 9.3% | ||
| Q4 24 | 10.6% | 9.0% | ||
| Q3 24 | 11.4% | 5.2% | ||
| Q2 24 | 12.4% | 9.3% | ||
| Q1 24 | 12.1% | 8.4% |
每股收益（稀释后）FSSOSIS
| Q4 25 | $0.99 | $2.22 | ||
| Q3 25 | $1.11 | $1.18 | ||
| Q2 25 | $1.16 | $3.04 | ||
| Q1 25 | $0.75 | $2.40 | ||
| Q4 24 | $0.80 | $2.22 | ||
| Q3 24 | $0.87 | $1.05 | ||
| Q2 24 | $0.99 | $2.57 | ||
| Q1 24 | $0.84 | $1.95 |
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 | $336.7M |
| 总债务越低越好 | $564.6M | $1.0B |
| 股东权益账面价值 | $1.4B | $845.5M |
| 总资产 | $2.4B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.41× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资FSSOSIS
| Q4 25 | $63.7M | $336.7M | ||
| Q3 25 | $54.4M | $124.4M | ||
| Q2 25 | $64.7M | $106.4M | ||
| Q1 25 | $57.5M | $95.8M | ||
| Q4 24 | $91.1M | $101.6M | ||
| Q3 24 | $73.7M | $85.1M | ||
| Q2 24 | $48.6M | $95.4M | ||
| Q1 24 | $48.9M | $101.4M |
总债务FSSOSIS
| Q4 25 | $564.6M | $1.0B | ||
| Q3 25 | $201.2M | $442.2M | ||
| Q2 25 | $258.3M | $471.6M | ||
| Q1 25 | $266.9M | $473.2M | ||
| Q4 24 | $204.4M | $474.8M | ||
| Q3 24 | $223.3M | $476.3M | ||
| Q2 24 | $248.8M | $137.6M | ||
| Q1 24 | $266.8M | — |
股东权益FSSOSIS
| Q4 25 | $1.4B | $845.5M | ||
| Q3 25 | $1.3B | $946.0M | ||
| Q2 25 | $1.3B | $951.1M | ||
| Q1 25 | $1.2B | $879.3M | ||
| Q4 24 | $1.2B | $825.8M | ||
| Q3 24 | $1.1B | $786.5M | ||
| Q2 24 | $1.1B | $863.5M | ||
| Q1 24 | $1.0B | $813.4M |
总资产FSSOSIS
| Q4 25 | $2.4B | $2.5B | ||
| Q3 25 | $1.9B | $2.3B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $1.7B | $2.1B | ||
| Q2 24 | $1.7B | $1.9B | ||
| Q1 24 | $1.7B | $1.8B |
负债/权益比FSSOSIS
| Q4 25 | 0.41× | 1.19× | ||
| Q3 25 | 0.15× | 0.47× | ||
| Q2 25 | 0.20× | 0.50× | ||
| Q1 25 | 0.22× | 0.54× | ||
| Q4 24 | 0.17× | 0.57× | ||
| Q3 24 | 0.19× | 0.61× | ||
| Q2 24 | 0.23× | 0.16× | ||
| 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 | $62.2M |
| 自由现金流经营现金流 - 资本支出 | $89.5M | $55.5M |
| 自由现金流率自由现金流/营收 | 15.0% | 12.0% |
| 资本支出强度资本支出/营收 | 1.3% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.60× | 1.61× |
| 过去12个月自由现金流最近4个季度 | $227.1M | $137.2M |
8季度趋势，按日历期对齐
经营现金流FSSOSIS
| Q4 25 | $97.2M | $62.2M | ||
| Q3 25 | $61.1M | $17.1M | ||
| Q2 25 | $59.7M | $562.0K | ||
| Q1 25 | $36.7M | $81.6M | ||
| Q4 24 | $90.6M | $52.5M | ||
| Q3 24 | $68.8M | $-37.2M | ||
| Q2 24 | $40.6M | $-29.0M | ||
| Q1 24 | $31.3M | $-52.1M |
自由现金流FSSOSIS
| Q4 25 | $89.5M | $55.5M | ||
| Q3 25 | $54.1M | $10.1M | ||
| Q2 25 | $52.4M | $-5.6M | ||
| Q1 25 | $31.1M | $77.1M | ||
| Q4 24 | $82.1M | $47.1M | ||
| Q3 24 | $60.9M | $-44.9M | ||
| Q2 24 | $24.8M | $-37.5M | ||
| Q1 24 | $22.9M | $-57.0M |
自由现金流率FSSOSIS
| Q4 25 | 15.0% | 12.0% | ||
| Q3 25 | 9.7% | 2.6% | ||
| Q2 25 | 9.3% | -1.1% | ||
| Q1 25 | 6.7% | 17.4% | ||
| Q4 24 | 17.4% | 11.2% | ||
| Q3 24 | 12.8% | -13.0% | ||
| Q2 24 | 5.1% | -7.8% | ||
| Q1 24 | 5.4% | -14.1% |
资本支出强度FSSOSIS
| Q4 25 | 1.3% | 1.4% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 1.3% | 1.2% | ||
| Q1 25 | 1.2% | 1.0% | ||
| Q4 24 | 1.8% | 1.3% | ||
| Q3 24 | 1.7% | 2.2% | ||
| Q2 24 | 3.2% | 1.8% | ||
| Q1 24 | 2.0% | 1.2% |
现金转化率FSSOSIS
| Q4 25 | 1.60× | 1.61× | ||
| Q3 25 | 0.90× | 0.83× | ||
| Q2 25 | 0.84× | 0.01× | ||
| Q1 25 | 0.79× | 1.98× | ||
| Q4 24 | 1.81× | 1.39× | ||
| Q3 24 | 1.28× | -2.07× | ||
| Q2 24 | 0.67× | -0.65× | ||
| Q1 24 | 0.61× | -1.53× |
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% |
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
