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FEDERAL SIGNAL CORP（FSS）与BOSTON BEER CO INC（SAM）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BOSTON BEER CO INC的1.3倍（$597.1M vs $461.6M），FEDERAL SIGNAL CORP同比增速更快（26.5% vs -4.1%），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
FSS vs SAM — 直观对比
营收规模更大
FSS
是对方的1.3倍
$461.6M
营收增速更快
FSS
高出30.6%
-4.1%
两年增速更快
FSS
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $597.1M | $461.6M |
| 净利润 | $60.8M | — |
| 毛利率 | 28.4% | 46.4% |
| 营业利润率 | 14.0% | 12.4% |
| 净利率 | 10.2% | — |
| 营收同比 | 26.5% | -4.1% |
| 净利润同比 | 21.6% | — |
| 每股收益（稀释后） | $0.99 | $2.16 |
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FSSSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $597.1M | $385.7M | ||
| Q3 25 | $555.0M | $537.5M | ||
| Q2 25 | $564.6M | $587.9M | ||
| Q1 25 | $463.8M | $453.9M | ||
| Q4 24 | $472.0M | $402.3M | ||
| Q3 24 | $474.2M | $605.5M | ||
| Q2 24 | $490.4M | $579.1M |
净利润FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | $60.8M | $-22.5M | ||
| Q3 25 | $68.1M | $46.2M | ||
| Q2 25 | $71.4M | $60.4M | ||
| Q1 25 | $46.3M | $24.4M | ||
| Q4 24 | $50.0M | $-38.8M | ||
| Q3 24 | $53.9M | $33.5M | ||
| Q2 24 | $60.8M | $52.3M |
毛利率FSSSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 28.4% | 43.5% | ||
| Q3 25 | 29.1% | 50.8% | ||
| Q2 25 | 30.0% | 49.8% | ||
| Q1 25 | 28.2% | 48.3% | ||
| Q4 24 | 28.1% | 39.9% | ||
| Q3 24 | 29.6% | 46.3% | ||
| Q2 24 | 29.4% | 46.0% |
营业利润率FSSSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 14.0% | -8.6% | ||
| Q3 25 | 16.9% | 11.5% | ||
| Q2 25 | 17.3% | 14.0% | ||
| Q1 25 | 14.2% | 7.4% | ||
| Q4 24 | 14.9% | -13.9% | ||
| Q3 24 | 16.0% | 7.6% | ||
| Q2 24 | 16.5% | 12.2% |
净利率FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | 10.2% | -5.8% | ||
| Q3 25 | 12.3% | 8.6% | ||
| Q2 25 | 12.6% | 10.3% | ||
| Q1 25 | 10.0% | 5.4% | ||
| Q4 24 | 10.6% | -9.6% | ||
| Q3 24 | 11.4% | 5.5% | ||
| Q2 24 | 12.4% | 9.0% |
每股收益（稀释后）FSSSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.99 | $-1.97 | ||
| Q3 25 | $1.11 | $4.25 | ||
| Q2 25 | $1.16 | $5.45 | ||
| Q1 25 | $0.75 | $2.16 | ||
| Q4 24 | $0.80 | $-3.23 | ||
| Q3 24 | $0.87 | $2.86 | ||
| Q2 24 | $0.99 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $564.6M | — |
| 股东权益账面价值 | $1.4B | $682.6M |
| 总资产 | $2.4B | $1.2B |
| 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FSSSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $63.7M | $223.4M | ||
| Q3 25 | $54.4M | $250.5M | ||
| Q2 25 | $64.7M | $212.4M | ||
| Q1 25 | $57.5M | $152.5M | ||
| Q4 24 | $91.1M | $211.8M | ||
| Q3 24 | $73.7M | $255.6M | ||
| Q2 24 | $48.6M | $219.3M |
总债务FSSSAM
| Q1 26 | — | — | ||
| 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 | — |
股东权益FSSSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $1.4B | $846.3M | ||
| Q3 25 | $1.3B | $911.0M | ||
| Q2 25 | $1.3B | $912.3M | ||
| Q1 25 | $1.2B | $897.0M | ||
| Q4 24 | $1.2B | $916.2M | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B |
总资产FSSSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.7B | $1.4B |
负债/权益比FSSSAM
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $89.5M | — |
| 自由现金流率自由现金流/营收 | 15.0% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | $97.2M | $39.9M | ||
| Q3 25 | $61.1M | $101.8M | ||
| Q2 25 | $59.7M | $126.5M | ||
| Q1 25 | $36.7M | $1.9M | ||
| Q4 24 | $90.6M | $41.9M | ||
| Q3 24 | $68.8M | $115.9M | ||
| Q2 24 | $40.6M | $96.0M |
自由现金流FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | $89.5M | $22.1M | ||
| Q3 25 | $54.1M | $89.2M | ||
| Q2 25 | $52.4M | $112.2M | ||
| Q1 25 | $31.1M | $-8.0M | ||
| Q4 24 | $82.1M | $18.4M | ||
| Q3 24 | $60.9M | $99.2M | ||
| Q2 24 | $24.8M | $75.6M |
自由现金流率FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | 15.0% | 5.7% | ||
| Q3 25 | 9.7% | 16.6% | ||
| Q2 25 | 9.3% | 19.1% | ||
| Q1 25 | 6.7% | -1.8% | ||
| Q4 24 | 17.4% | 4.6% | ||
| Q3 24 | 12.8% | 16.4% | ||
| Q2 24 | 5.1% | 13.1% |
资本支出强度FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 4.6% | ||
| Q3 25 | 1.3% | 2.3% | ||
| Q2 25 | 1.3% | 2.4% | ||
| Q1 25 | 1.2% | 2.2% | ||
| Q4 24 | 1.8% | 5.8% | ||
| Q3 24 | 1.7% | 2.8% | ||
| Q2 24 | 3.2% | 3.5% |
现金转化率FSSSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | — | ||
| Q3 25 | 0.90× | 2.21× | ||
| Q2 25 | 0.84× | 2.09× | ||
| Q1 25 | 0.79× | 0.08× | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.28× | 3.46× | ||
| Q2 24 | 0.67× | 1.83× |
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% |
SAM
暂无分部数据
