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Frontdoor, Inc.（FTDR）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）财务数据对比。点击上方公司名可切换其他公司
ADVANCED DRAINAGE SYSTEMS, INC.的季度营收约是Frontdoor, Inc.的1.6倍（$693.4M vs $432.0M），ADVANCED DRAINAGE SYSTEMS, INC.净利率更高（13.5% vs 0.2%，领先13.3%），Frontdoor, Inc.同比增速更快（12.8% vs 0.4%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $95.0M），过去两年Frontdoor, Inc.的营收复合增速更高（6.9% vs 3.0%）
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。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
FTDR vs WMS — 直观对比
营收规模更大
WMS
是对方的1.6倍
$432.0M
营收增速更快
FTDR
高出12.4%
0.4%
净利率更高
WMS
高出13.3%
0.2%
自由现金流更多
WMS
多$88.6M
$95.0M
两年增速更快
FTDR
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $432.0M | $693.4M |
| 净利润 | $1.0M | $93.6M |
| 毛利率 | 49.3% | 37.4% |
| 营业利润率 | 0.5% | 19.7% |
| 净利率 | 0.2% | 13.5% |
| 营收同比 | 12.8% | 0.4% |
| 净利润同比 | -88.9% | 15.3% |
| 每股收益（稀释后） | $0.03 | $1.19 |
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FTDRWMS
| Q4 25 | $432.0M | $693.4M | ||
| Q3 25 | $618.0M | $850.4M | ||
| Q2 25 | $617.0M | $829.9M | ||
| Q1 25 | $426.0M | $615.8M | ||
| Q4 24 | $383.0M | $690.5M | ||
| Q3 24 | $540.0M | $782.6M | ||
| Q2 24 | $542.0M | $815.3M | ||
| Q1 24 | $378.0M | $653.8M |
净利润FTDRWMS
| Q4 25 | $1.0M | $93.6M | ||
| Q3 25 | $106.0M | $156.0M | ||
| Q2 25 | $111.0M | $143.9M | ||
| Q1 25 | $37.0M | $77.2M | ||
| Q4 24 | $9.0M | $81.2M | ||
| Q3 24 | $100.0M | $130.4M | ||
| Q2 24 | $92.0M | $161.4M | ||
| Q1 24 | $34.0M | $94.8M |
毛利率FTDRWMS
| Q4 25 | 49.3% | 37.4% | ||
| Q3 25 | 57.1% | 40.0% | ||
| Q2 25 | 57.7% | 39.8% | ||
| Q1 25 | 55.2% | 36.7% | ||
| Q4 24 | 48.0% | 35.0% | ||
| Q3 24 | 56.7% | 37.6% | ||
| Q2 24 | 56.5% | 40.8% | ||
| Q1 24 | 51.6% | 38.5% |
营业利润率FTDRWMS
| Q4 25 | 0.5% | 19.7% | ||
| Q3 25 | 23.0% | 26.3% | ||
| Q2 25 | 23.7% | 24.8% | ||
| Q1 25 | 11.3% | 19.0% | ||
| Q4 24 | 1.6% | 18.4% | ||
| Q3 24 | 24.8% | 23.9% | ||
| Q2 24 | 22.9% | 27.7% | ||
| Q1 24 | 11.9% | 20.7% |
净利率FTDRWMS
| Q4 25 | 0.2% | 13.5% | ||
| Q3 25 | 17.2% | 18.3% | ||
| Q2 25 | 18.0% | 17.3% | ||
| Q1 25 | 8.7% | 12.5% | ||
| Q4 24 | 2.3% | 11.8% | ||
| Q3 24 | 18.5% | 16.7% | ||
| Q2 24 | 17.0% | 19.8% | ||
| Q1 24 | 9.0% | 14.5% |
每股收益（稀释后）FTDRWMS
| Q4 25 | $0.03 | $1.19 | ||
| Q3 25 | $1.42 | $1.99 | ||
| Q2 25 | $1.48 | $1.84 | ||
| Q1 25 | $0.49 | $0.99 | ||
| Q4 24 | $0.10 | $1.04 | ||
| Q3 24 | $1.30 | $1.67 | ||
| Q2 24 | $1.18 | $2.06 | ||
| Q1 24 | $0.43 | $1.22 |
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 | $1.0B |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $242.0M | $1.9B |
| 总资产 | $2.1B | $4.1B |
| 负债/权益比越低杠杆越低 | 4.73× | — |
8季度趋势，按日历期对齐
现金及短期投资FTDRWMS
| Q4 25 | $566.0M | $1.0B | ||
| Q3 25 | $563.0M | $812.9M | ||
| Q2 25 | $562.0M | $638.3M | ||
| Q1 25 | $506.0M | $463.3M | ||
| Q4 24 | $436.0M | $488.9M | ||
| Q3 24 | $375.0M | $613.0M | ||
| Q2 24 | $419.0M | $541.6M | ||
| Q1 24 | $378.0M | $490.2M |
总债务FTDRWMS
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $565.0M | — | ||
| Q2 24 | $569.0M | — | ||
| Q1 24 | $573.0M | $1.3B |
股东权益FTDRWMS
| Q4 25 | $242.0M | $1.9B | ||
| Q3 25 | $316.0M | $1.8B | ||
| Q2 25 | $254.0M | $1.7B | ||
| Q1 25 | $198.0M | $1.5B | ||
| Q4 24 | $239.0M | $1.5B | ||
| Q3 24 | $261.0M | $1.4B | ||
| Q2 24 | $214.0M | $1.3B | ||
| Q1 24 | $162.0M | $1.2B |
总资产FTDRWMS
| Q4 25 | $2.1B | $4.1B | ||
| Q3 25 | $2.2B | $4.1B | ||
| Q2 25 | $2.2B | $3.9B | ||
| Q1 25 | $2.1B | $3.7B | ||
| Q4 24 | $2.1B | $3.6B | ||
| Q3 24 | $1.2B | $3.5B | ||
| Q2 24 | $1.2B | $3.4B | ||
| Q1 24 | $1.1B | $3.3B |
负债/权益比FTDRWMS
| Q4 25 | 4.73× | — | ||
| Q3 25 | 3.64× | — | ||
| Q2 25 | 4.56× | — | ||
| Q1 25 | 5.88× | 0.83× | ||
| Q4 24 | 4.90× | — | ||
| Q3 24 | 2.16× | — | ||
| Q2 24 | 2.66× | — | ||
| Q1 24 | 3.54× | 1.11× |
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 | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $95.0M | $183.6M |
| 自由现金流率自由现金流/营收 | 22.0% | 26.5% |
| 资本支出强度资本支出/营收 | 1.4% | 12.4% |
| 现金转化率经营现金流/净利润 | 101.00× | 2.88× |
| 过去12个月自由现金流最近4个季度 | $390.0M | $577.1M |
8季度趋势，按日历期对齐
经营现金流FTDRWMS
| Q4 25 | $101.0M | $269.3M | ||
| Q3 25 | $64.0M | $234.9M | ||
| Q2 25 | $127.0M | $275.0M | ||
| Q1 25 | $124.0M | $41.2M | ||
| Q4 24 | $58.0M | $189.9M | ||
| Q3 24 | $25.0M | $166.9M | ||
| Q2 24 | $103.0M | $183.4M | ||
| Q1 24 | $84.0M | $17.7M |
自由现金流FTDRWMS
| Q4 25 | $95.0M | $183.6M | ||
| Q3 25 | $58.0M | $176.4M | ||
| Q2 25 | $120.0M | $222.4M | ||
| Q1 25 | $117.0M | $-5.3M | ||
| Q4 24 | $50.0M | $135.7M | ||
| Q3 24 | $16.0M | $112.4M | ||
| Q2 24 | $91.0M | $125.7M | ||
| Q1 24 | $74.0M | $-29.8M |
自由现金流率FTDRWMS
| Q4 25 | 22.0% | 26.5% | ||
| Q3 25 | 9.4% | 20.7% | ||
| Q2 25 | 19.4% | 26.8% | ||
| Q1 25 | 27.5% | -0.9% | ||
| Q4 24 | 13.1% | 19.7% | ||
| Q3 24 | 3.0% | 14.4% | ||
| Q2 24 | 16.8% | 15.4% | ||
| Q1 24 | 19.6% | -4.6% |
资本支出强度FTDRWMS
| Q4 25 | 1.4% | 12.4% | ||
| Q3 25 | 1.0% | 6.9% | ||
| Q2 25 | 1.1% | 6.3% | ||
| Q1 25 | 1.6% | 7.6% | ||
| Q4 24 | 2.1% | 7.9% | ||
| Q3 24 | 1.7% | 7.0% | ||
| Q2 24 | 2.2% | 7.1% | ||
| Q1 24 | 2.6% | 7.3% |
现金转化率FTDRWMS
| Q4 25 | 101.00× | 2.88× | ||
| Q3 25 | 0.60× | 1.51× | ||
| Q2 25 | 1.14× | 1.91× | ||
| Q1 25 | 3.35× | 0.53× | ||
| Q4 24 | 6.44× | 2.34× | ||
| Q3 24 | 0.25× | 1.28× | ||
| Q2 24 | 1.12× | 1.14× | ||
| Q1 24 | 2.47× | 0.19× |
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% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
