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FEDERAL SIGNAL CORP（FSS）与OUTFRONT Media Inc.（OUT）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OUTFRONT Media Inc.的1.2倍（$597.1M vs $513.3M），OUTFRONT Media Inc.净利率更高（18.9% vs 10.2%，领先8.7%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 4.1%），OUTFRONT Media Inc.自由现金流更多（$93.3M vs $89.5M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 12.1%）
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。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
FSS vs OUT — 直观对比
营收规模更大
FSS
是对方的1.2倍
$513.3M
营收增速更快
FSS
高出22.4%
4.1%
净利率更高
OUT
高出8.7%
10.2%
自由现金流更多
OUT
多$3.8M
$89.5M
两年增速更快
FSS
近两年复合增速
12.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $513.3M |
| 净利润 | $60.8M | $96.8M |
| 毛利率 | 28.4% | — |
| 营业利润率 | 14.0% | 26.0% |
| 净利率 | 10.2% | 18.9% |
| 营收同比 | 26.5% | 4.1% |
| 净利润同比 | 21.6% | 30.8% |
| 每股收益（稀释后） | $0.99 | $0.57 |
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FSSOUT
| Q4 25 | $597.1M | $513.3M | ||
| Q3 25 | $555.0M | $467.5M | ||
| Q2 25 | $564.6M | $460.2M | ||
| Q1 25 | $463.8M | $390.7M | ||
| Q4 24 | $472.0M | $493.2M | ||
| Q3 24 | $474.2M | $451.9M | ||
| Q2 24 | $490.4M | $477.3M | ||
| Q1 24 | $424.9M | $408.5M |
净利润FSSOUT
| Q4 25 | $60.8M | $96.8M | ||
| Q3 25 | $68.1M | $51.3M | ||
| Q2 25 | $71.4M | $19.5M | ||
| Q1 25 | $46.3M | $-20.6M | ||
| Q4 24 | $50.0M | $74.0M | ||
| Q3 24 | $53.9M | $34.6M | ||
| Q2 24 | $60.8M | $176.8M | ||
| Q1 24 | $51.6M | $-27.2M |
毛利率FSSOUT
| Q4 25 | 28.4% | — | ||
| Q3 25 | 29.1% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | 28.2% | — | ||
| Q4 24 | 28.1% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 29.4% | — | ||
| Q1 24 | 27.3% | — |
营业利润率FSSOUT
| Q4 25 | 14.0% | 26.0% | ||
| Q3 25 | 16.9% | 19.2% | ||
| Q2 25 | 17.3% | 12.2% | ||
| Q1 25 | 14.2% | 3.6% | ||
| Q4 24 | 14.9% | 22.5% | ||
| Q3 24 | 16.0% | 15.8% | ||
| Q2 24 | 16.5% | 48.0% | ||
| Q1 24 | 12.8% | 3.4% |
净利率FSSOUT
| Q4 25 | 10.2% | 18.9% | ||
| Q3 25 | 12.3% | 11.0% | ||
| Q2 25 | 12.6% | 4.2% | ||
| Q1 25 | 10.0% | -5.3% | ||
| Q4 24 | 10.6% | 15.0% | ||
| Q3 24 | 11.4% | 7.7% | ||
| Q2 24 | 12.4% | 37.0% | ||
| Q1 24 | 12.1% | -6.7% |
每股收益（稀释后）FSSOUT
| Q4 25 | $0.99 | $0.57 | ||
| Q3 25 | $1.11 | $0.29 | ||
| Q2 25 | $1.16 | $0.10 | ||
| Q1 25 | $0.75 | $-0.14 | ||
| Q4 24 | $0.80 | $0.49 | ||
| Q3 24 | $0.87 | $0.19 | ||
| Q2 24 | $0.99 | $1.01 | ||
| Q1 24 | $0.84 | $-0.18 |
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 | $99.9M |
| 总债务越低越好 | $564.6M | — |
| 股东权益账面价值 | $1.4B | $710.4M |
| 总资产 | $2.4B | $5.3B |
| 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FSSOUT
| Q4 25 | $63.7M | $99.9M | ||
| Q3 25 | $54.4M | $63.0M | ||
| Q2 25 | $64.7M | $28.5M | ||
| Q1 25 | $57.5M | $30.5M | ||
| Q4 24 | $91.1M | $46.9M | ||
| Q3 24 | $73.7M | $28.0M | ||
| Q2 24 | $48.6M | $49.6M | ||
| Q1 24 | $48.9M | $42.4M |
总债务FSSOUT
| 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FSSOUT
| Q4 25 | $1.4B | $710.4M | ||
| Q3 25 | $1.3B | $542.6M | ||
| Q2 25 | $1.3B | $539.1M | ||
| Q1 25 | $1.2B | $566.9M | ||
| Q4 24 | $1.2B | $649.0M | ||
| Q3 24 | $1.1B | $618.2M | ||
| Q2 24 | $1.1B | $664.9M | ||
| Q1 24 | $1.0B | $524.2M |
总资产FSSOUT
| Q4 25 | $2.4B | $5.3B | ||
| Q3 25 | $1.9B | $5.2B | ||
| Q2 25 | $1.9B | $5.1B | ||
| Q1 25 | $1.9B | $5.1B | ||
| Q4 24 | $1.8B | $5.2B | ||
| Q3 24 | $1.7B | $5.2B | ||
| Q2 24 | $1.7B | $5.3B | ||
| Q1 24 | $1.7B | $5.5B |
负债/权益比FSSOUT
| 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 | $118.1M |
| 自由现金流经营现金流 - 资本支出 | $89.5M | $93.3M |
| 自由现金流率自由现金流/营收 | 15.0% | 18.2% |
| 资本支出强度资本支出/营收 | 1.3% | 4.8% |
| 现金转化率经营现金流/净利润 | 1.60× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $227.1M | $218.8M |
8季度趋势，按日历期对齐
经营现金流FSSOUT
| Q4 25 | $97.2M | $118.1M | ||
| Q3 25 | $61.1M | $88.8M | ||
| Q2 25 | $59.7M | $67.1M | ||
| Q1 25 | $36.7M | $33.6M | ||
| Q4 24 | $90.6M | $124.5M | ||
| Q3 24 | $68.8M | $73.1M | ||
| Q2 24 | $40.6M | $71.0M | ||
| Q1 24 | $31.3M | $30.6M |
自由现金流FSSOUT
| Q4 25 | $89.5M | $93.3M | ||
| Q3 25 | $54.1M | $67.7M | ||
| Q2 25 | $52.4M | $41.4M | ||
| Q1 25 | $31.1M | $16.4M | ||
| Q4 24 | $82.1M | $106.3M | ||
| Q3 24 | $60.9M | $55.5M | ||
| Q2 24 | $24.8M | $47.1M | ||
| Q1 24 | $22.9M | $12.2M |
自由现金流率FSSOUT
| Q4 25 | 15.0% | 18.2% | ||
| Q3 25 | 9.7% | 14.5% | ||
| Q2 25 | 9.3% | 9.0% | ||
| Q1 25 | 6.7% | 4.2% | ||
| Q4 24 | 17.4% | 21.6% | ||
| Q3 24 | 12.8% | 12.3% | ||
| Q2 24 | 5.1% | 9.9% | ||
| Q1 24 | 5.4% | 3.0% |
资本支出强度FSSOUT
| Q4 25 | 1.3% | 4.8% | ||
| Q3 25 | 1.3% | 4.5% | ||
| Q2 25 | 1.3% | 5.6% | ||
| Q1 25 | 1.2% | 4.4% | ||
| Q4 24 | 1.8% | 3.7% | ||
| Q3 24 | 1.7% | 3.9% | ||
| Q2 24 | 3.2% | 5.0% | ||
| Q1 24 | 2.0% | 4.5% |
现金转化率FSSOUT
| Q4 25 | 1.60× | 1.22× | ||
| Q3 25 | 0.90× | 1.73× | ||
| Q2 25 | 0.84× | 3.44× | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 1.81× | 1.68× | ||
| Q3 24 | 1.28× | 2.11× | ||
| Q2 24 | 0.67× | 0.40× | ||
| Q1 24 | 0.61× | — |
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% |
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
