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TechnipFMC plc（FTI）与Snap Inc（SNAP）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Snap Inc的1.5倍（$2.5B vs $1.7B），TechnipFMC plc净利率更高（9.6% vs 2.6%，领先7.0%），Snap Inc同比增速更快（10.2% vs 6.3%），TechnipFMC plc自由现金流更多（$359.1M vs $205.6M），过去两年Snap Inc的营收复合增速更高（19.9% vs 11.0%）
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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
FTI vs SNAP — 直观对比
营收规模更大
FTI
是对方的1.5倍
$1.7B
营收增速更快
SNAP
高出3.9%
6.3%
净利率更高
FTI
高出7.0%
2.6%
自由现金流更多
FTI
多$153.5M
$205.6M
两年增速更快
SNAP
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.7B |
| 净利润 | $242.7M | $45.2M |
| 毛利率 | — | 59.1% |
| 营业利润率 | 12.6% | 2.9% |
| 净利率 | 9.6% | 2.6% |
| 营收同比 | 6.3% | 10.2% |
| 净利润同比 | 8.0% | 396.7% |
| 每股收益（稀释后） | $0.58 | $0.03 |
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FTISNAP
| Q4 25 | $2.5B | $1.7B | ||
| Q3 25 | $2.6B | $1.5B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.4B | $1.6B | ||
| Q3 24 | $2.3B | $1.4B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
净利润FTISNAP
| Q4 25 | $242.7M | $45.2M | ||
| Q3 25 | $309.7M | $-103.5M | ||
| Q2 25 | $269.5M | $-262.6M | ||
| Q1 25 | $142.0M | $-139.6M | ||
| Q4 24 | $224.7M | $9.1M | ||
| Q3 24 | $274.6M | $-153.2M | ||
| Q2 24 | $186.5M | $-248.6M | ||
| Q1 24 | $157.1M | $-305.1M |
毛利率FTISNAP
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | 23.1% | 51.4% | ||
| Q1 25 | 20.5% | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | 21.2% | 52.4% | ||
| Q1 24 | 16.4% | 51.9% |
营业利润率FTISNAP
| Q4 25 | 12.6% | 2.9% | ||
| Q3 25 | 16.5% | -8.5% | ||
| Q2 25 | 15.9% | -19.3% | ||
| Q1 25 | 12.5% | -14.2% | ||
| Q4 24 | 11.3% | -1.7% | ||
| Q3 24 | 13.7% | -12.6% | ||
| Q2 24 | 13.3% | -20.5% | ||
| Q1 24 | 12.7% | -27.9% |
净利率FTISNAP
| Q4 25 | 9.6% | 2.6% | ||
| Q3 25 | 11.7% | -6.9% | ||
| Q2 25 | 10.6% | -19.5% | ||
| Q1 25 | 6.4% | -10.2% | ||
| Q4 24 | 9.5% | 0.6% | ||
| Q3 24 | 11.7% | -11.2% | ||
| Q2 24 | 8.0% | -20.1% | ||
| Q1 24 | 7.7% | -25.5% |
每股收益（稀释后）FTISNAP
| Q4 25 | $0.58 | $0.03 | ||
| Q3 25 | $0.75 | $-0.06 | ||
| Q2 25 | $0.64 | $-0.16 | ||
| Q1 25 | $0.33 | $-0.08 | ||
| Q4 24 | $0.51 | $0.01 | ||
| Q3 24 | $0.63 | $-0.09 | ||
| Q2 24 | $0.42 | $-0.15 | ||
| Q1 24 | $0.35 | $-0.19 |
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 | $2.9B |
| 总债务越低越好 | $430.0M | $3.5B |
| 股东权益账面价值 | $3.4B | $2.3B |
| 总资产 | $10.1B | $7.7B |
| 负债/权益比越低杠杆越低 | 0.13× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资FTISNAP
| Q4 25 | $1.0B | $2.9B | ||
| Q3 25 | $876.6M | $3.0B | ||
| Q2 25 | $950.0M | $2.9B | ||
| Q1 25 | $1.2B | $3.2B | ||
| Q4 24 | $1.2B | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.9B |
总债务FTISNAP
| Q4 25 | $430.0M | $3.5B | ||
| Q3 25 | $438.0M | $3.5B | ||
| Q2 25 | $696.3M | $3.6B | ||
| Q1 25 | $904.9M | $3.6B | ||
| Q4 24 | $885.2M | $3.6B | ||
| Q3 24 | $966.7M | $3.6B | ||
| Q2 24 | $968.4M | $3.6B | ||
| Q1 24 | $1.0B | $3.3B |
股东权益FTISNAP
| Q4 25 | $3.4B | $2.3B | ||
| Q3 25 | $3.3B | $2.2B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.1B | $2.3B | ||
| Q4 24 | $3.1B | $2.5B | ||
| Q3 24 | $3.3B | $2.2B | ||
| Q2 24 | $3.0B | $2.1B | ||
| Q1 24 | $3.0B | $2.1B |
总资产FTISNAP
| Q4 25 | $10.1B | $7.7B | ||
| Q3 25 | $10.3B | $7.6B | ||
| Q2 25 | $10.1B | $7.4B | ||
| Q1 25 | $10.0B | $7.6B | ||
| Q4 24 | $9.9B | $7.9B | ||
| Q3 24 | $9.7B | $7.6B | ||
| Q2 24 | $9.2B | $7.4B | ||
| Q1 24 | $9.1B | $7.2B |
负债/权益比FTISNAP
| Q4 25 | 0.13× | 1.55× | ||
| Q3 25 | 0.13× | 1.59× | ||
| Q2 25 | 0.21× | 1.73× | ||
| Q1 25 | 0.29× | 1.56× | ||
| Q4 24 | 0.29× | 1.49× | ||
| Q3 24 | 0.30× | 1.65× | ||
| Q2 24 | 0.33× | 1.76× | ||
| Q1 24 | 0.34× | 1.55× |
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 | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $359.1M | $205.6M |
| 自由现金流率自由现金流/营收 | 14.3% | 12.0% |
| 资本支出强度资本支出/营收 | 3.8% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.87× | 5.96× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $437.2M |
8季度趋势，按日历期对齐
经营现金流FTISNAP
| Q4 25 | $453.6M | $269.6M | ||
| Q3 25 | $525.1M | $146.5M | ||
| Q2 25 | $344.2M | $88.5M | ||
| Q1 25 | $441.7M | $151.6M | ||
| Q4 24 | $578.9M | $230.6M | ||
| Q3 24 | $277.9M | $115.9M | ||
| Q2 24 | $230.9M | $-21.4M | ||
| Q1 24 | $-126.7M | $88.4M |
自由现金流FTISNAP
| Q4 25 | $359.1M | $205.6M | ||
| Q3 25 | $447.8M | $93.4M | ||
| Q2 25 | $260.6M | $23.8M | ||
| Q1 25 | $379.9M | $114.4M | ||
| Q4 24 | $452.7M | $182.4M | ||
| Q3 24 | $225.3M | $71.8M | ||
| Q2 24 | $180.1M | $-73.4M | ||
| Q1 24 | $-178.7M | $37.9M |
自由现金流率FTISNAP
| Q4 25 | 14.3% | 12.0% | ||
| Q3 25 | 16.9% | 6.2% | ||
| Q2 25 | 10.3% | 1.8% | ||
| Q1 25 | 17.0% | 8.4% | ||
| Q4 24 | 19.1% | 11.7% | ||
| Q3 24 | 9.6% | 5.2% | ||
| Q2 24 | 7.7% | -5.9% | ||
| Q1 24 | -8.8% | 3.2% |
资本支出强度FTISNAP
| Q4 25 | 3.8% | 3.7% | ||
| Q3 25 | 2.9% | 3.5% | ||
| Q2 25 | 3.3% | 4.8% | ||
| Q1 25 | 2.8% | 2.7% | ||
| Q4 24 | 5.3% | 3.1% | ||
| Q3 24 | 2.2% | 3.2% | ||
| Q2 24 | 2.2% | 4.2% | ||
| Q1 24 | 2.5% | 4.2% |
现金转化率FTISNAP
| Q4 25 | 1.87× | 5.96× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 3.11× | — | ||
| Q4 24 | 2.58× | 25.34× | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | -0.81× | — |
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% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
