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FEDERAL SIGNAL CORP（FSS）与RPC INC（RES）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RPC INC的1.4倍（$597.1M vs $425.8M），FEDERAL SIGNAL CORP净利率更高（10.2% vs -0.7%，领先10.9%），RPC INC同比增速更快（27.0% vs 26.5%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $31.2M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 6.2%）
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。
RPC集团是总部位于英国的企业，曾是欧洲规模最大的塑料包装供应商之一，总部坐落于北安普敦郡的拉什登。该公司此前在伦敦证券交易所上市，2019年被贝瑞全球集团收购，贝瑞全球集团又于2025年被安海斯包装收购。
FSS vs RES — 直观对比
营收规模更大
FSS
是对方的1.4倍
$425.8M
营收增速更快
RES
高出0.5%
26.5%
净利率更高
FSS
高出10.9%
-0.7%
自由现金流更多
FSS
多$58.3M
$31.2M
两年增速更快
FSS
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $425.8M |
| 净利润 | $60.8M | $-3.1M |
| 毛利率 | 28.4% | 21.0% |
| 营业利润率 | 14.0% | -0.9% |
| 净利率 | 10.2% | -0.7% |
| 营收同比 | 26.5% | 27.0% |
| 净利润同比 | 21.6% | -124.0% |
| 每股收益（稀释后） | $0.99 | $-0.02 |
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FSSRES
| Q4 25 | $597.1M | $425.8M | ||
| Q3 25 | $555.0M | $447.1M | ||
| Q2 25 | $564.6M | $420.8M | ||
| Q1 25 | $463.8M | $332.9M | ||
| Q4 24 | $472.0M | $335.4M | ||
| Q3 24 | $474.2M | $337.7M | ||
| Q2 24 | $490.4M | $364.2M | ||
| Q1 24 | $424.9M | $377.8M |
净利润FSSRES
| Q4 25 | $60.8M | $-3.1M | ||
| Q3 25 | $68.1M | $13.0M | ||
| Q2 25 | $71.4M | $10.1M | ||
| Q1 25 | $46.3M | $12.0M | ||
| Q4 24 | $50.0M | $12.8M | ||
| Q3 24 | $53.9M | $18.8M | ||
| Q2 24 | $60.8M | $32.4M | ||
| Q1 24 | $51.6M | $27.5M |
毛利率FSSRES
| Q4 25 | 28.4% | 21.0% | ||
| Q3 25 | 29.1% | 25.1% | ||
| Q2 25 | 30.0% | 24.5% | ||
| Q1 25 | 28.2% | 26.7% | ||
| Q4 24 | 28.1% | 25.4% | ||
| Q3 24 | 29.6% | 26.7% | ||
| Q2 24 | 29.4% | 28.0% | ||
| Q1 24 | 27.3% | 26.8% |
营业利润率FSSRES
| Q4 25 | 14.0% | -0.9% | ||
| Q3 25 | 16.9% | 4.7% | ||
| Q2 25 | 17.3% | 3.7% | ||
| Q1 25 | 14.2% | 3.7% | ||
| Q4 24 | 14.9% | 3.1% | ||
| Q3 24 | 16.0% | 5.7% | ||
| Q2 24 | 16.5% | 9.7% | ||
| Q1 24 | 12.8% | 8.6% |
净利率FSSRES
| Q4 25 | 10.2% | -0.7% | ||
| Q3 25 | 12.3% | 2.9% | ||
| Q2 25 | 12.6% | 2.4% | ||
| Q1 25 | 10.0% | 3.6% | ||
| Q4 24 | 10.6% | 3.8% | ||
| Q3 24 | 11.4% | 5.6% | ||
| Q2 24 | 12.4% | 8.9% | ||
| Q1 24 | 12.1% | 7.3% |
每股收益（稀释后）FSSRES
| Q4 25 | $0.99 | $-0.02 | ||
| Q3 25 | $1.11 | $0.06 | ||
| Q2 25 | $1.16 | $0.05 | ||
| Q1 25 | $0.75 | $0.06 | ||
| Q4 24 | $0.80 | $0.06 | ||
| Q3 24 | $0.87 | $0.09 | ||
| Q2 24 | $0.99 | $0.15 | ||
| Q1 24 | $0.84 | $0.13 |
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 | $210.0M |
| 总债务越低越好 | $564.6M | — |
| 股东权益账面价值 | $1.4B | $1.1B |
| 总资产 | $2.4B | $1.5B |
| 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FSSRES
| Q4 25 | $63.7M | $210.0M | ||
| Q3 25 | $54.4M | $163.5M | ||
| Q2 25 | $64.7M | $162.1M | ||
| Q1 25 | $57.5M | $326.7M | ||
| Q4 24 | $91.1M | $326.0M | ||
| Q3 24 | $73.7M | $276.9M | ||
| Q2 24 | $48.6M | $261.5M | ||
| Q1 24 | $48.9M | $212.2M |
总债务FSSRES
| 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FSSRES
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.0B | $1.0B |
总资产FSSRES
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.7B | $1.3B |
负债/权益比FSSRES
| 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 | $61.9M |
| 自由现金流经营现金流 - 资本支出 | $89.5M | $31.2M |
| 自由现金流率自由现金流/营收 | 15.0% | 7.3% |
| 资本支出强度资本支出/营收 | 1.3% | 7.2% |
| 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 | $52.9M |
8季度趋势，按日历期对齐
经营现金流FSSRES
| Q4 25 | $97.2M | $61.9M | ||
| Q3 25 | $61.1M | $46.5M | ||
| Q2 25 | $59.7M | $53.1M | ||
| Q1 25 | $36.7M | $39.9M | ||
| Q4 24 | $90.6M | $94.2M | ||
| Q3 24 | $68.8M | $70.7M | ||
| Q2 24 | $40.6M | $127.9M | ||
| Q1 24 | $31.3M | $56.6M |
自由现金流FSSRES
| Q4 25 | $89.5M | $31.2M | ||
| Q3 25 | $54.1M | $4.1M | ||
| Q2 25 | $52.4M | $10.0M | ||
| Q1 25 | $31.1M | $7.6M | ||
| Q4 24 | $82.1M | $53.7M | ||
| Q3 24 | $60.9M | $19.1M | ||
| Q2 24 | $24.8M | $52.9M | ||
| Q1 24 | $22.9M | $3.8M |
自由现金流率FSSRES
| Q4 25 | 15.0% | 7.3% | ||
| Q3 25 | 9.7% | 0.9% | ||
| Q2 25 | 9.3% | 2.4% | ||
| Q1 25 | 6.7% | 2.3% | ||
| Q4 24 | 17.4% | 16.0% | ||
| Q3 24 | 12.8% | 5.6% | ||
| Q2 24 | 5.1% | 14.5% | ||
| Q1 24 | 5.4% | 1.0% |
资本支出强度FSSRES
| Q4 25 | 1.3% | 7.2% | ||
| Q3 25 | 1.3% | 9.5% | ||
| Q2 25 | 1.3% | 10.2% | ||
| Q1 25 | 1.2% | 9.7% | ||
| Q4 24 | 1.8% | 12.1% | ||
| Q3 24 | 1.7% | 15.3% | ||
| Q2 24 | 3.2% | 20.6% | ||
| Q1 24 | 2.0% | 14.0% |
现金转化率FSSRES
| Q4 25 | 1.60× | — | ||
| Q3 25 | 0.90× | 3.59× | ||
| Q2 25 | 0.84× | 5.23× | ||
| Q1 25 | 0.79× | 3.31× | ||
| Q4 24 | 1.81× | 7.38× | ||
| Q3 24 | 1.28× | 3.76× | ||
| Q2 24 | 0.67× | 3.95× | ||
| Q1 24 | 0.61× | 2.06× |
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% |
RES
| Technical Service | $405.2M | 95% |
| Other | $8.8M | 2% |
| Nitrogen | $6.6M | 2% |
