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Frontdoor, Inc.（FTDR）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是Frontdoor, Inc.的1.3倍（$560.0M vs $432.0M），SLM Corp净利率更高（55.0% vs 0.2%，领先54.8%），过去两年SLM Corp的营收复合增速更高（22.7% vs 6.9%）
Frontdoor, Inc.是领先的家庭服务与保障平台，主要面向美国市场运营。其提供可定制的家庭保修计划，覆盖家电、暖通空调、管道、电气系统的维修更换，同时支持用户按需对接经预先审核的本地服务商，满足住宅维护及维修需求。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
FTDR vs SLM — 直观对比
营收规模更大
SLM
是对方的1.3倍
$432.0M
净利率更高
SLM
高出54.8%
0.2%
两年增速更快
SLM
近两年复合增速
6.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $432.0M | $560.0M |
| 净利润 | $1.0M | $308.0M |
| 毛利率 | 49.3% | — |
| 营业利润率 | 0.5% | — |
| 净利率 | 0.2% | 55.0% |
| 营收同比 | 12.8% | — |
| 净利润同比 | -88.9% | 1.0% |
| 每股收益（稀释后） | $0.03 | $1.54 |
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FTDRSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $432.0M | $377.1M | ||
| Q3 25 | $618.0M | $373.0M | ||
| Q2 25 | $617.0M | $376.8M | ||
| Q1 25 | $426.0M | $375.0M | ||
| Q4 24 | $383.0M | $362.2M | ||
| Q3 24 | $540.0M | $359.4M | ||
| Q2 24 | $542.0M | $372.2M |
净利润FTDRSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $1.0M | $233.2M | ||
| Q3 25 | $106.0M | $135.8M | ||
| Q2 25 | $111.0M | $71.3M | ||
| Q1 25 | $37.0M | $304.5M | ||
| Q4 24 | $9.0M | $111.6M | ||
| Q3 24 | $100.0M | $-45.2M | ||
| Q2 24 | $92.0M | $252.0M |
毛利率FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | 49.3% | — | ||
| Q3 25 | 57.1% | — | ||
| Q2 25 | 57.7% | — | ||
| Q1 25 | 55.2% | — | ||
| Q4 24 | 48.0% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 56.5% | — |
营业利润率FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 83.8% | ||
| Q3 25 | 23.0% | 49.8% | ||
| Q2 25 | 23.7% | 23.3% | ||
| Q1 25 | 11.3% | — | ||
| Q4 24 | 1.6% | 36.5% | ||
| Q3 24 | 24.8% | -16.6% | ||
| Q2 24 | 22.9% | 91.0% |
净利率FTDRSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 0.2% | 61.8% | ||
| Q3 25 | 17.2% | 36.4% | ||
| Q2 25 | 18.0% | 18.9% | ||
| Q1 25 | 8.7% | 81.2% | ||
| Q4 24 | 2.3% | 30.8% | ||
| Q3 24 | 18.5% | -12.6% | ||
| Q2 24 | 17.0% | 67.7% |
每股收益（稀释后）FTDRSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.03 | $1.11 | ||
| Q3 25 | $1.42 | $0.63 | ||
| Q2 25 | $1.48 | $0.32 | ||
| Q1 25 | $0.49 | $1.40 | ||
| Q4 24 | $0.10 | $0.53 | ||
| Q3 24 | $1.30 | $-0.23 | ||
| Q2 24 | $1.18 | $1.11 |
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 | $566.0M | $5.2B |
| 总债务越低越好 | $1.1B | $6.2B |
| 股东权益账面价值 | $242.0M | $2.4B |
| 总资产 | $2.1B | $29.4B |
| 负债/权益比越低杠杆越低 | 4.73× | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资FTDRSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $566.0M | $4.2B | ||
| Q3 25 | $563.0M | $3.5B | ||
| Q2 25 | $562.0M | $4.1B | ||
| Q1 25 | $506.0M | $3.7B | ||
| Q4 24 | $436.0M | $4.7B | ||
| Q3 24 | $375.0M | $4.5B | ||
| Q2 24 | $419.0M | $5.3B |
总债务FTDRSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $1.1B | $5.4B | ||
| Q3 25 | $1.2B | $6.8B | ||
| Q2 25 | $1.2B | $6.4B | ||
| Q1 25 | $1.2B | $6.1B | ||
| Q4 24 | $1.2B | $6.4B | ||
| Q3 24 | $565.0M | $6.0B | ||
| Q2 24 | $569.0M | $5.4B |
股东权益FTDRSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $242.0M | $2.5B | ||
| Q3 25 | $316.0M | $2.3B | ||
| Q2 25 | $254.0M | $2.4B | ||
| Q1 25 | $198.0M | $2.4B | ||
| Q4 24 | $239.0M | $2.2B | ||
| Q3 24 | $261.0M | $2.1B | ||
| Q2 24 | $214.0M | $2.3B |
总资产FTDRSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $2.1B | $29.7B | ||
| Q3 25 | $2.2B | $29.6B | ||
| Q2 25 | $2.2B | $29.6B | ||
| Q1 25 | $2.1B | $28.9B | ||
| Q4 24 | $2.1B | $30.1B | ||
| Q3 24 | $1.2B | $30.0B | ||
| Q2 24 | $1.2B | $28.8B |
负债/权益比FTDRSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | 4.73× | 2.19× | ||
| Q3 25 | 3.64× | 2.92× | ||
| Q2 25 | 4.56× | 2.70× | ||
| Q1 25 | 5.88× | 2.56× | ||
| Q4 24 | 4.90× | 2.98× | ||
| Q3 24 | 2.16× | 2.83× | ||
| Q2 24 | 2.66× | 2.37× |
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 | $101.0M | — |
| 自由现金流经营现金流 - 资本支出 | $95.0M | — |
| 自由现金流率自由现金流/营收 | 22.0% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 101.00× | — |
| 过去12个月自由现金流最近4个季度 | $390.0M | — |
8季度趋势，按日历期对齐
经营现金流FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | $101.0M | $-64.5M | ||
| Q3 25 | $64.0M | $-49.3M | ||
| Q2 25 | $127.0M | $-138.7M | ||
| Q1 25 | $124.0M | $-146.1M | ||
| Q4 24 | $58.0M | $4.5M | ||
| Q3 24 | $25.0M | $-113.4M | ||
| Q2 24 | $103.0M | $-143.8M |
自由现金流FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | $95.0M | — | ||
| Q3 25 | $58.0M | — | ||
| Q2 25 | $120.0M | — | ||
| Q1 25 | $117.0M | — | ||
| Q4 24 | $50.0M | — | ||
| Q3 24 | $16.0M | — | ||
| Q2 24 | $91.0M | — |
自由现金流率FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | 22.0% | — | ||
| Q3 25 | 9.4% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 27.5% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 16.8% | — |
资本支出强度FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.2% | — |
现金转化率FTDRSLM
| Q1 26 | — | — | ||
| Q4 25 | 101.00× | -0.28× | ||
| Q3 25 | 0.60× | -0.36× | ||
| Q2 25 | 1.14× | -1.95× | ||
| Q1 25 | 3.35× | -0.48× | ||
| Q4 24 | 6.44× | 0.04× | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 1.12× | -0.57× |
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
FTDR
| Renewals | $332.0M | 77% |
| Other | $43.0M | 10% |
| Direct To Consumer Home Service Plan Contracts | $30.0M | 7% |
| Real Estate Home Service Plan Contracts | $27.0M | 6% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
