vs
Frontdoor, Inc.（FTDR）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
Frontdoor, Inc.的季度营收约是世纪互联的1.2倍（$451.0M vs $362.7M），Frontdoor, Inc.净利率更高（9.1% vs -10.7%，领先19.8%），Frontdoor, Inc.自由现金流更多（$114.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -8.8%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
FTDR vs VNET — 直观对比
营收规模更大
FTDR
是对方的1.2倍
$362.7M
净利率更高
FTDR
高出19.8%
-10.7%
自由现金流更多
FTDR
多$307.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
-8.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $451.0M | $362.7M |
| 净利润 | $41.0M | $-38.7M |
| 毛利率 | 55.0% | 20.9% |
| 营业利润率 | — | 0.5% |
| 净利率 | 9.1% | -10.7% |
| 营收同比 | 5.9% | — |
| 净利润同比 | 10.8% | — |
| 每股收益（稀释后） | $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FTDRVNET
| Q1 26 | $451.0M | — | ||
| Q4 25 | $432.0M | — | ||
| Q3 25 | $618.0M | $362.7M | ||
| Q2 25 | $617.0M | — | ||
| Q1 25 | $426.0M | $309.5M | ||
| Q4 24 | $383.0M | — | ||
| Q3 24 | $540.0M | $302.2M | ||
| Q2 24 | $542.0M | $274.4M |
净利润FTDRVNET
| Q1 26 | $41.0M | — | ||
| Q4 25 | $1.0M | — | ||
| Q3 25 | $106.0M | $-38.7M | ||
| Q2 25 | $111.0M | — | ||
| Q1 25 | $37.0M | $-2.4M | ||
| Q4 24 | $9.0M | — | ||
| Q3 24 | $100.0M | $-2.1M | ||
| Q2 24 | $92.0M | $-1.1M |
毛利率FTDRVNET
| Q1 26 | 55.0% | — | ||
| Q4 25 | 49.3% | — | ||
| Q3 25 | 57.1% | 20.9% | ||
| Q2 25 | 57.7% | — | ||
| Q1 25 | 55.2% | 25.2% | ||
| Q4 24 | 48.0% | — | ||
| Q3 24 | 56.7% | 23.2% | ||
| Q2 24 | 56.5% | 21.3% |
营业利润率FTDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 23.0% | 0.5% | ||
| Q2 25 | 23.7% | — | ||
| Q1 25 | 11.3% | 0.1% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 24.8% | 24.5% | ||
| Q2 24 | 22.9% | 0.2% |
净利率FTDRVNET
| Q1 26 | 9.1% | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 17.2% | -10.7% | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 8.7% | -0.8% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 18.5% | -0.7% | ||
| Q2 24 | 17.0% | -0.4% |
每股收益（稀释后）FTDRVNET
| Q1 26 | $0.57 | — | ||
| Q4 25 | $0.03 | — | ||
| Q3 25 | $1.42 | — | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.10 | — | ||
| Q3 24 | $1.30 | — | ||
| Q2 24 | $1.18 | — |
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 | $603.0M | $492.1M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $230.0M | $890.8M |
| 总资产 | $2.2B | $6.1B |
| 负债/权益比越低杠杆越低 | 5.07× | — |
8季度趋势，按日历期对齐
现金及短期投资FTDRVNET
| Q1 26 | $603.0M | — | ||
| Q4 25 | $566.0M | — | ||
| Q3 25 | $563.0M | $492.1M | ||
| Q2 25 | $562.0M | — | ||
| Q1 25 | $506.0M | $544.3M | ||
| Q4 24 | $436.0M | — | ||
| Q3 24 | $375.0M | $219.5M | ||
| Q2 24 | $419.0M | $247.2M |
总债务FTDRVNET
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $565.0M | $1.2B | ||
| Q2 24 | $569.0M | — |
股东权益FTDRVNET
| Q1 26 | $230.0M | — | ||
| Q4 25 | $242.0M | — | ||
| Q3 25 | $316.0M | $890.8M | ||
| Q2 25 | $254.0M | — | ||
| Q1 25 | $198.0M | $927.8M | ||
| Q4 24 | $239.0M | — | ||
| Q3 24 | $261.0M | $902.9M | ||
| Q2 24 | $214.0M | $900.6M |
总资产FTDRVNET
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.2B | $6.1B | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.1B | $5.4B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $1.2B | $4.3B | ||
| Q2 24 | $1.2B | $4.0B |
负债/权益比FTDRVNET
| Q1 26 | 5.07× | — | ||
| Q4 25 | 4.73× | — | ||
| Q3 25 | 3.64× | — | ||
| Q2 25 | 4.56× | — | ||
| Q1 25 | 5.88× | — | ||
| Q4 24 | 4.90× | — | ||
| Q3 24 | 2.16× | 1.28× | ||
| Q2 24 | 2.66× | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $114.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 25.3% | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $387.0M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流FTDRVNET
| Q1 26 | — | — | ||
| Q4 25 | $101.0M | — | ||
| Q3 25 | $64.0M | $113.8M | ||
| Q2 25 | $127.0M | — | ||
| Q1 25 | $124.0M | $27.0M | ||
| Q4 24 | $58.0M | — | ||
| Q3 24 | $25.0M | $108.3M | ||
| Q2 24 | $103.0M | $55.8M |
自由现金流FTDRVNET
| Q1 26 | $114.0M | — | ||
| Q4 25 | $95.0M | — | ||
| Q3 25 | $58.0M | $-193.1M | ||
| Q2 25 | $120.0M | — | ||
| Q1 25 | $117.0M | $-220.0M | ||
| Q4 24 | $50.0M | — | ||
| Q3 24 | $16.0M | $-95.0M | ||
| Q2 24 | $91.0M | $-81.6M |
自由现金流率FTDRVNET
| Q1 26 | 25.3% | — | ||
| Q4 25 | 22.0% | — | ||
| Q3 25 | 9.4% | -53.2% | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 27.5% | -71.1% | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 3.0% | -31.4% | ||
| Q2 24 | 16.8% | -29.8% |
资本支出强度FTDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.0% | 84.6% | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.6% | 79.8% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.7% | 67.3% | ||
| Q2 24 | 2.2% | 50.1% |
现金转化率FTDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 101.00× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 3.35× | — | ||
| Q4 24 | 6.44× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 1.12× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
