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Fortrea Holdings Inc.（FTRE）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Fortrea Holdings Inc.的1.8倍（$1.2B vs $660.5M），利氏兄弟拍卖行净利率更高（9.1% vs -4.9%，领先14.0%），利氏兄弟拍卖行同比增速更快（5.4% vs -5.2%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $121.6M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% vs -0.1%）
Fortrea Holdings Inc.是一家总部位于美国北卡罗来纳州达勒姆、注册地为特拉华州的合同研究组织，业务覆盖90个国家，主要服务制药、生物技术和医疗器械行业客户，为相关领域的研发提供专业支持。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
FTRE vs RBA — 直观对比
营收规模更大
RBA
是对方的1.8倍
$660.5M
营收增速更快
RBA
高出10.7%
-5.2%
净利率更高
RBA
高出14.0%
-4.9%
自由现金流更多
RBA
多$64.9M
$121.6M
两年增速更快
RBA
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $660.5M | $1.2B |
| 净利润 | $-32.5M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | -2.1% | 14.7% |
| 净利率 | -4.9% | 9.1% |
| 营收同比 | -5.2% | 5.4% |
| 净利润同比 | 46.9% | -7.4% |
| 每股收益（稀释后） | $-0.25 | $0.53 |
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FTRERBA
| Q4 25 | $660.5M | $1.2B | ||
| Q3 25 | $701.3M | $1.1B | ||
| Q2 25 | $710.3M | $1.2B | ||
| Q1 25 | $651.3M | $1.1B | ||
| Q4 24 | $697.0M | $1.1B | ||
| Q3 24 | $674.9M | $981.8M | ||
| Q2 24 | $662.4M | $1.1B | ||
| Q1 24 | $662.1M | $1.1B |
净利润FTRERBA
| Q4 25 | $-32.5M | $109.7M | ||
| Q3 25 | $-15.9M | $95.5M | ||
| Q2 25 | $-374.9M | $109.8M | ||
| Q1 25 | $-562.9M | $113.4M | ||
| Q4 24 | $-61.2M | $118.5M | ||
| Q3 24 | $-27.9M | $76.1M | ||
| Q2 24 | $-138.4M | $111.1M | ||
| Q1 24 | $-101.0M | $107.4M |
营业利润率FTRERBA
| Q4 25 | -2.1% | 14.7% | ||
| Q3 25 | -1.2% | 14.5% | ||
| Q2 25 | -46.5% | 15.9% | ||
| Q1 25 | -79.9% | 17.1% | ||
| Q4 24 | -8.0% | 18.1% | ||
| Q3 24 | -2.7% | 15.6% | ||
| Q2 24 | -7.7% | 18.4% | ||
| Q1 24 | -5.6% | 18.7% |
净利率FTRERBA
| Q4 25 | -4.9% | 9.1% | ||
| Q3 25 | -2.3% | 8.7% | ||
| Q2 25 | -52.8% | 9.3% | ||
| Q1 25 | -86.4% | 10.2% | ||
| Q4 24 | -8.8% | 10.4% | ||
| Q3 24 | -4.1% | 7.8% | ||
| Q2 24 | -20.9% | 10.1% | ||
| Q1 24 | -15.3% | 10.1% |
每股收益（稀释后）FTRERBA
| Q4 25 | $-0.25 | $0.53 | ||
| Q3 25 | $-0.17 | $0.43 | ||
| Q2 25 | $-4.14 | $0.53 | ||
| Q1 25 | $-6.25 | $0.55 | ||
| Q4 24 | $-0.68 | $0.58 | ||
| Q3 24 | $-0.31 | $0.36 | ||
| Q2 24 | $-1.55 | $0.54 | ||
| Q1 24 | $-1.13 | $0.53 |
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 | $174.6M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $563.5M | $5.6B |
| 总资产 | $2.7B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资FTRERBA
| Q4 25 | $174.6M | $531.5M | ||
| Q3 25 | $131.3M | $674.7M | ||
| Q2 25 | $81.2M | $710.2M | ||
| Q1 25 | $101.6M | $578.1M | ||
| Q4 24 | $118.5M | $533.9M | ||
| Q3 24 | $105.3M | $650.7M | ||
| Q2 24 | $126.2M | $599.5M | ||
| Q1 24 | $92.8M | $462.8M |
总债务FTRERBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益FTRERBA
| Q4 25 | $563.5M | $5.6B | ||
| Q3 25 | $580.8M | $5.5B | ||
| Q2 25 | $589.2M | $5.5B | ||
| Q1 25 | $858.8M | $5.3B | ||
| Q4 24 | $1.4B | $5.2B | ||
| Q3 24 | $1.5B | $5.2B | ||
| Q2 24 | $1.5B | $5.2B | ||
| Q1 24 | $1.6B | $5.1B |
总资产FTRERBA
| Q4 25 | $2.7B | $12.1B | ||
| Q3 25 | $2.7B | $12.2B | ||
| Q2 25 | $2.8B | $12.2B | ||
| Q1 25 | $3.1B | $11.9B | ||
| Q4 24 | $3.6B | $11.8B | ||
| Q3 24 | $3.7B | $11.9B | ||
| Q2 24 | $3.6B | $12.1B | ||
| Q1 24 | $4.2B | $12.0B |
负债/权益比FTRERBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $129.1M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $121.6M | $186.5M |
| 自由现金流率自由现金流/营收 | 18.4% | 15.5% |
| 资本支出强度资本支出/营收 | 1.1% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $88.3M | $719.2M |
8季度趋势，按日历期对齐
经营现金流FTRERBA
| Q4 25 | $129.1M | $255.2M | ||
| Q3 25 | $86.8M | $239.7M | ||
| Q2 25 | $21.8M | $326.5M | ||
| Q1 25 | $-124.2M | $156.8M | ||
| Q4 24 | $17.1M | $184.5M | ||
| Q3 24 | $-2.4M | $285.4M | ||
| Q2 24 | $273.7M | $337.3M | ||
| Q1 24 | $-25.6M | $124.8M |
自由现金流FTRERBA
| Q4 25 | $121.6M | $186.5M | ||
| Q3 25 | $79.5M | $188.5M | ||
| Q2 25 | $14.3M | $241.7M | ||
| Q1 25 | $-127.1M | $102.5M | ||
| Q4 24 | $13.9M | $127.9M | ||
| Q3 24 | $-10.6M | $248.5M | ||
| Q2 24 | $262.5M | $308.6M | ||
| Q1 24 | $-34.9M | $79.6M |
自由现金流率FTRERBA
| Q4 25 | 18.4% | 15.5% | ||
| Q3 25 | 11.3% | 17.3% | ||
| Q2 25 | 2.0% | 20.4% | ||
| Q1 25 | -19.5% | 9.2% | ||
| Q4 24 | 2.0% | 11.2% | ||
| Q3 24 | -1.6% | 25.3% | ||
| Q2 24 | 39.6% | 28.2% | ||
| Q1 24 | -5.3% | 7.5% |
资本支出强度FTRERBA
| Q4 25 | 1.1% | 5.7% | ||
| Q3 25 | 1.0% | 4.7% | ||
| Q2 25 | 1.1% | 7.2% | ||
| Q1 25 | 0.4% | 4.9% | ||
| Q4 24 | 0.5% | 5.0% | ||
| Q3 24 | 1.2% | 3.8% | ||
| Q2 24 | 1.7% | 2.6% | ||
| Q1 24 | 1.4% | 4.2% |
现金转化率FTRERBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.51× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | — | 1.16× |
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
FTRE
暂无分部数据
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
