vs
FTAI Aviation Ltd.（FTAI）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是FTAI Aviation Ltd.的1.3倍（$828.2M vs $662.0M），FTAI Aviation Ltd.净利率更高（17.5% vs 13.2%，领先4.2%），FTAI Aviation Ltd.同比增速更快（32.7% vs -40.0%），过去两年FTAI Aviation Ltd.的营收复合增速更高（42.4% vs -17.9%）
FTAI航空有限公司是一家全球性航空基础设施及解决方案提供商，主营商用飞机、航空发动机及相关航空资产的持有、租赁与维护业务，为全球商用航空公司、货运运营商提供定制化资产管理及售后支持服务，助力客户提升运营效率。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
FTAI vs RITM — 直观对比
营收规模更大
RITM
是对方的1.3倍
$662.0M
营收增速更快
FTAI
高出72.7%
-40.0%
净利率更高
FTAI
高出4.2%
13.2%
两年增速更快
FTAI
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $662.0M | $828.2M |
| 净利润 | $115.6M | $109.5M |
| 毛利率 | 44.3% | — |
| 营业利润率 | 20.3% | — |
| 净利率 | 17.5% | 13.2% |
| 营收同比 | 32.7% | -40.0% |
| 净利润同比 | 12.8% | 20.9% |
| 每股收益（稀释后） | $1.06 | $0.12 |
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FTAIRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $662.0M | $1.5B | ||
| Q3 25 | $667.1M | $1.1B | ||
| Q2 25 | $676.2M | $1.2B | ||
| Q1 25 | $502.1M | $768.4M | ||
| Q4 24 | $498.8M | $2.1B | ||
| Q3 24 | $465.8M | $619.5M | ||
| Q2 24 | $443.6M | $1.2B |
净利润FTAIRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $115.6M | $85.0M | ||
| Q3 25 | $117.7M | $221.5M | ||
| Q2 25 | $165.4M | $311.7M | ||
| Q1 25 | $102.4M | $78.8M | ||
| Q4 24 | $102.4M | $290.2M | ||
| Q3 24 | $86.5M | $121.7M | ||
| Q2 24 | $-219.9M | $235.6M |
毛利率FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | 44.3% | — | ||
| Q3 25 | 45.6% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 50.5% | — | ||
| Q4 24 | 48.3% | — | ||
| Q3 24 | 52.9% | — | ||
| Q2 24 | 53.6% | — |
营业利润率FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | 20.3% | 13.8% | ||
| Q3 25 | 21.6% | 21.4% | ||
| Q2 25 | 30.1% | 25.2% | ||
| Q1 25 | 24.9% | 7.4% | ||
| Q4 24 | 21.7% | 23.8% | ||
| Q3 24 | 20.1% | 7.3% | ||
| Q2 24 | -52.5% | 23.6% |
净利率FTAIRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 17.5% | 5.7% | ||
| Q3 25 | 17.6% | 20.0% | ||
| Q2 25 | 24.5% | 25.6% | ||
| Q1 25 | 20.4% | 10.3% | ||
| Q4 24 | 20.5% | 14.0% | ||
| Q3 24 | 18.6% | 19.7% | ||
| Q2 24 | -49.6% | 19.2% |
每股收益（稀释后）FTAIRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.06 | $0.09 | ||
| Q3 25 | $1.10 | $0.35 | ||
| Q2 25 | $1.57 | $0.53 | ||
| Q1 25 | $0.87 | $0.07 | ||
| Q4 24 | $0.87 | $0.50 | ||
| Q3 24 | $0.76 | $0.20 | ||
| Q2 24 | $-2.26 | $0.43 |
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 | $300.5M | — |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | $334.2M | $9.1B |
| 总资产 | $4.4B | $53.4B |
| 负债/权益比越低杠杆越低 | 10.32× | — |
8季度趋势，按日历期对齐
现金及短期投资FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | $300.5M | $1.8B | ||
| Q3 25 | $509.9M | $1.6B | ||
| Q2 25 | $301.9M | $1.6B | ||
| Q1 25 | $112.1M | $1.5B | ||
| Q4 24 | $115.1M | $1.5B | ||
| Q3 24 | $111.9M | $1.6B | ||
| Q2 24 | $169.5M | $1.2B |
总债务FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | $3.4B | $35.4B | ||
| Q3 25 | $3.4B | $32.2B | ||
| Q2 25 | $3.4B | $31.2B | ||
| Q1 25 | $3.6B | $32.2B | ||
| Q4 24 | $3.4B | $32.6B | ||
| Q3 24 | $3.2B | $29.6B | ||
| Q2 24 | $3.1B | $30.1B |
股东权益FTAIRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $334.2M | $8.4B | ||
| Q3 25 | $252.5M | $8.5B | ||
| Q2 25 | $164.9M | $7.9B | ||
| Q1 25 | $28.3M | $7.8B | ||
| Q4 24 | $81.4M | $7.8B | ||
| Q3 24 | $118.5M | $7.7B | ||
| Q2 24 | $69.6M | $7.3B |
总资产FTAIRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $4.4B | $53.1B | ||
| Q3 25 | $4.2B | $47.2B | ||
| Q2 25 | $4.1B | $44.3B | ||
| Q1 25 | $4.3B | $45.3B | ||
| Q4 24 | $4.0B | $46.0B | ||
| Q3 24 | $3.7B | $42.3B | ||
| Q2 24 | $3.4B | $42.0B |
负债/权益比FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | 10.32× | 4.20× | ||
| Q3 25 | 13.65× | 3.79× | ||
| Q2 25 | 20.88× | 3.92× | ||
| Q1 25 | 128.56× | 4.14× | ||
| Q4 24 | 42.28× | 4.18× | ||
| Q3 24 | 27.15× | 3.87× | ||
| Q2 24 | 44.24× | 4.10× |
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 | $-179.1M | — |
| 自由现金流经营现金流 - 资本支出 | $-189.3M | — |
| 自由现金流率自由现金流/营收 | -28.6% | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | -1.55× | — |
| 过去12个月自由现金流最近4个季度 | $-338.5M | — |
8季度趋势，按日历期对齐
经营现金流FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | $-179.1M | $-114.6M | ||
| Q3 25 | $4.6M | $-2.0B | ||
| Q2 25 | $-110.3M | $-557.1M | ||
| Q1 25 | $-26.0M | $1.4B | ||
| Q4 24 | $-41.8M | $-1.8B | ||
| Q3 24 | $41.5M | $768.1M | ||
| Q2 24 | $-187.3M | $-55.7M |
自由现金流FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | $-189.3M | — | ||
| Q3 25 | $-1.8M | — | ||
| Q2 25 | $-117.2M | — | ||
| Q1 25 | $-30.1M | — | ||
| Q4 24 | $-48.1M | — | ||
| Q3 24 | $41.0M | — | ||
| Q2 24 | $-188.4M | — |
自由现金流率FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | -28.6% | — | ||
| Q3 25 | -0.3% | — | ||
| Q2 25 | -17.3% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | -9.6% | — | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | -42.5% | — |
资本支出强度FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.3% | — |
现金转化率FTAIRITM
| Q1 26 | — | — | ||
| Q4 25 | -1.55× | -1.35× | ||
| Q3 25 | 0.04× | -9.22× | ||
| Q2 25 | -0.67× | -1.79× | ||
| Q1 25 | -0.25× | 18.03× | ||
| Q4 24 | -0.41× | -6.04× | ||
| Q3 24 | 0.48× | 6.31× | ||
| Q2 24 | — | -0.24× |
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
FTAI
| Aerospace Products | $355.5M | 54% |
| Other | $212.3M | 32% |
| Equipment Leasing Revenues | $49.2M | 7% |
| Maintenance | $43.4M | 7% |
| Manufactured Product Other | $1.6M | 0% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
