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TechnipFMC plc（FTI）与OPEN TEXT CORP（OTEX）财务数据对比。点击上方公司名可切换其他公司
TechnipFMC plc的季度营收约是OPEN TEXT CORP的1.9倍（$2.5B vs $1.3B），OPEN TEXT CORP净利率更高（12.7% vs 9.6%，领先3.0%），TechnipFMC plc同比增速更快（6.3% vs -0.6%），TechnipFMC plc自由现金流更多（$359.1M vs $279.4M），过去两年TechnipFMC plc的营收复合增速更高（11.0% vs -4.3%）
TechnipFMC是一家注册地位于英国的全球能源服务商，兼具法国与美国企业背景，核心业务为油气领域提供专业技术与服务支持。公司由美国FMC科技与法国Technip于2016年宣布合并，2017年正式完成组建，业务覆盖全球主要能源市场。
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
FTI vs OTEX — 直观对比
营收规模更大
FTI
是对方的1.9倍
$1.3B
营收增速更快
FTI
高出6.9%
-0.6%
净利率更高
OTEX
高出3.0%
9.6%
自由现金流更多
FTI
多$79.7M
$279.4M
两年增速更快
FTI
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.3B |
| 净利润 | $242.7M | $168.1M |
| 毛利率 | — | 74.0% |
| 营业利润率 | 12.6% | 22.0% |
| 净利率 | 9.6% | 12.7% |
| 营收同比 | 6.3% | -0.6% |
| 净利润同比 | 8.0% | -26.9% |
| 每股收益（稀释后） | $0.58 | $0.66 |
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FTIOTEX
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.3B | $1.3B | ||
| Q2 24 | $2.3B | $1.4B | ||
| Q1 24 | $2.0B | $1.4B |
净利润FTIOTEX
| Q4 25 | $242.7M | $168.1M | ||
| Q3 25 | $309.7M | $146.6M | ||
| Q2 25 | $269.5M | $28.8M | ||
| Q1 25 | $142.0M | $92.8M | ||
| Q4 24 | $224.7M | $229.9M | ||
| Q3 24 | $274.6M | $84.4M | ||
| Q2 24 | $186.5M | $248.2M | ||
| Q1 24 | $157.1M | $98.3M |
毛利率FTIOTEX
| Q4 25 | — | 74.0% | ||
| Q3 25 | — | 72.8% | ||
| Q2 25 | 23.1% | 72.3% | ||
| Q1 25 | 20.5% | 71.6% | ||
| Q4 24 | — | 73.3% | ||
| Q3 24 | — | 71.7% | ||
| Q2 24 | 21.2% | 72.5% | ||
| Q1 24 | 16.4% | 73.0% |
营业利润率FTIOTEX
| Q4 25 | 12.6% | 22.0% | ||
| Q3 25 | 16.5% | 21.0% | ||
| Q2 25 | 15.9% | 13.9% | ||
| Q1 25 | 12.5% | 16.7% | ||
| Q4 24 | 11.3% | 22.2% | ||
| Q3 24 | 13.7% | 16.3% | ||
| Q2 24 | 13.3% | 14.2% | ||
| Q1 24 | 12.7% | 15.7% |
净利率FTIOTEX
| Q4 25 | 9.6% | 12.7% | ||
| Q3 25 | 11.7% | 11.4% | ||
| Q2 25 | 10.6% | 2.2% | ||
| Q1 25 | 6.4% | 7.4% | ||
| Q4 24 | 9.5% | 17.2% | ||
| Q3 24 | 11.7% | 6.6% | ||
| Q2 24 | 8.0% | 18.2% | ||
| Q1 24 | 7.7% | 6.8% |
每股收益（稀释后）FTIOTEX
| Q4 25 | $0.58 | $0.66 | ||
| Q3 25 | $0.75 | $0.58 | ||
| Q2 25 | $0.64 | $0.11 | ||
| Q1 25 | $0.33 | $0.35 | ||
| Q4 24 | $0.51 | $0.87 | ||
| Q3 24 | $0.63 | $0.32 | ||
| Q2 24 | $0.42 | $0.91 | ||
| Q1 24 | $0.35 | $0.36 |
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 | $1.0B | $1.3B |
| 总债务越低越好 | $430.0M | $6.4B |
| 股东权益账面价值 | $3.4B | $4.0B |
| 总资产 | $10.1B | $13.6B |
| 负债/权益比越低杠杆越低 | 0.13× | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资FTIOTEX
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $876.6M | $1.1B | ||
| Q2 25 | $950.0M | $1.2B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.1B |
总债务FTIOTEX
| Q4 25 | $430.0M | $6.4B | ||
| Q3 25 | $438.0M | $6.4B | ||
| Q2 25 | $696.3M | $6.4B | ||
| Q1 25 | $904.9M | $6.4B | ||
| Q4 24 | $885.2M | $6.4B | ||
| Q3 24 | $966.7M | $6.4B | ||
| Q2 24 | $968.4M | $6.4B | ||
| Q1 24 | $1.0B | $8.4B |
股东权益FTIOTEX
| Q4 25 | $3.4B | $4.0B | ||
| Q3 25 | $3.3B | $4.0B | ||
| Q2 25 | $3.3B | $3.9B | ||
| Q1 25 | $3.1B | $4.1B | ||
| Q4 24 | $3.1B | $4.2B | ||
| Q3 24 | $3.3B | $4.1B | ||
| Q2 24 | $3.0B | $4.2B | ||
| Q1 24 | $3.0B | $4.1B |
总资产FTIOTEX
| Q4 25 | $10.1B | $13.6B | ||
| Q3 25 | $10.3B | $13.5B | ||
| Q2 25 | $10.1B | $13.8B | ||
| Q1 25 | $10.0B | $13.8B | ||
| Q4 24 | $9.9B | $13.7B | ||
| Q3 24 | $9.7B | $13.8B | ||
| Q2 24 | $9.2B | $14.2B | ||
| Q1 24 | $9.1B | $16.4B |
负债/权益比FTIOTEX
| Q4 25 | 0.13× | 1.58× | ||
| Q3 25 | 0.13× | 1.61× | ||
| Q2 25 | 0.21× | 1.62× | ||
| Q1 25 | 0.29× | 1.55× | ||
| Q4 24 | 0.29× | 1.51× | ||
| Q3 24 | 0.30× | 1.55× | ||
| Q2 24 | 0.33× | 1.52× | ||
| Q1 24 | 0.34× | 2.02× |
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 | $453.6M | $318.7M |
| 自由现金流经营现金流 - 资本支出 | $359.1M | $279.4M |
| 自由现金流率自由现金流/营收 | 14.3% | 21.1% |
| 资本支出强度资本支出/营收 | 3.8% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.87× | 1.90× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $878.5M |
8季度趋势，按日历期对齐
经营现金流FTIOTEX
| Q4 25 | $453.6M | $318.7M | ||
| Q3 25 | $525.1M | $147.8M | ||
| Q2 25 | $344.2M | $158.2M | ||
| Q1 25 | $441.7M | $402.2M | ||
| Q4 24 | $578.9M | $348.0M | ||
| Q3 24 | $277.9M | $-77.8M | ||
| Q2 24 | $230.9M | $185.2M | ||
| Q1 24 | $-126.7M | $384.7M |
自由现金流FTIOTEX
| Q4 25 | $359.1M | $279.4M | ||
| Q3 25 | $447.8M | $101.2M | ||
| Q2 25 | $260.6M | $124.0M | ||
| Q1 25 | $379.9M | $373.8M | ||
| Q4 24 | $452.7M | $306.7M | ||
| Q3 24 | $225.3M | $-117.1M | ||
| Q2 24 | $180.1M | $145.2M | ||
| Q1 24 | $-178.7M | $348.2M |
自由现金流率FTIOTEX
| Q4 25 | 14.3% | 21.1% | ||
| Q3 25 | 16.9% | 7.9% | ||
| Q2 25 | 10.3% | 9.5% | ||
| Q1 25 | 17.0% | 29.8% | ||
| Q4 24 | 19.1% | 23.0% | ||
| Q3 24 | 9.6% | -9.2% | ||
| Q2 24 | 7.7% | 10.7% | ||
| Q1 24 | -8.8% | 24.1% |
资本支出强度FTIOTEX
| Q4 25 | 3.8% | 3.0% | ||
| Q3 25 | 2.9% | 3.6% | ||
| Q2 25 | 3.3% | 2.6% | ||
| Q1 25 | 2.8% | 2.3% | ||
| Q4 24 | 5.3% | 3.1% | ||
| Q3 24 | 2.2% | 3.1% | ||
| Q2 24 | 2.2% | 2.9% | ||
| Q1 24 | 2.5% | 2.5% |
现金转化率FTIOTEX
| Q4 25 | 1.87× | 1.90× | ||
| Q3 25 | 1.70× | 1.01× | ||
| Q2 25 | 1.28× | 5.49× | ||
| Q1 25 | 3.11× | 4.33× | ||
| Q4 24 | 2.58× | 1.51× | ||
| Q3 24 | 1.01× | -0.92× | ||
| Q2 24 | 1.24× | 0.75× | ||
| Q1 24 | -0.81× | 3.91× |
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
FTI
| Services | $1.3B | 52% |
| Products | $1.1B | 44% |
| Other | $55.1M | 2% |
| Surface Technologies | $22.4M | 1% |
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
