vs
Fortive（FTV）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是Fortive的1.4倍（$1.4B vs $1.0B），Fortive净利率更高（5.4% vs -22.3%，领先27.7%），罗布乐思同比增速更快（43.2% vs -33.1%），罗布乐思自由现金流更多（$308.6M vs $153.1M），过去两年罗布乐思的营收复合增速更高（32.9% vs -19.5%）
Fortive是总部位于美国华盛顿州埃弗里特的工业科技集团，专注于提供互联工作流解决方案所需的核心技术，研发、生产及销售专业工程类产品、软件与服务，旗下业务分为智能运营解决方案、精密技术、先进医疗解决方案三大战略板块。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
FTV vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.4倍
$1.0B
营收增速更快
RBLX
高出76.3%
-33.1%
净利率更高
FTV
高出27.7%
-22.3%
自由现金流更多
RBLX
多$155.5M
$153.1M
两年增速更快
RBLX
近两年复合增速
-19.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.4B |
| 净利润 | $55.0M | $-316.0M |
| 毛利率 | 63.2% | 77.7% |
| 营业利润率 | 15.5% | -25.3% |
| 净利率 | 5.4% | -22.3% |
| 营收同比 | -33.1% | 43.2% |
| 净利润同比 | -75.2% | -43.9% |
| 每股收益（稀释后） | $0.16 | $-0.44 |
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FTVRBLX
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.6B | $988.2M | ||
| Q3 24 | $1.5B | $919.0M | ||
| Q2 24 | $1.6B | $893.5M | ||
| Q1 24 | $1.5B | $801.3M |
净利润FTVRBLX
| Q4 25 | — | $-316.0M | ||
| Q3 25 | $55.0M | $-255.6M | ||
| Q2 25 | $166.6M | $-278.4M | ||
| Q1 25 | $171.9M | $-215.1M | ||
| Q4 24 | $208.8M | $-219.6M | ||
| Q3 24 | $221.6M | $-239.3M | ||
| Q2 24 | $195.1M | $-205.9M | ||
| Q1 24 | $207.4M | $-270.6M |
毛利率FTVRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | 63.2% | 78.2% | ||
| Q2 25 | 59.0% | 78.2% | ||
| Q1 25 | 59.8% | 78.3% | ||
| Q4 24 | 60.3% | 77.9% | ||
| Q3 24 | 60.0% | 77.7% | ||
| Q2 24 | 59.8% | 77.8% | ||
| Q1 24 | 59.3% | 77.7% |
营业利润率FTVRBLX
| Q4 25 | — | -25.3% | ||
| Q3 25 | 15.5% | -21.8% | ||
| Q2 25 | 14.6% | -29.8% | ||
| Q1 25 | 15.8% | -24.6% | ||
| Q4 24 | 19.0% | -24.7% | ||
| Q3 24 | 19.3% | -30.4% | ||
| Q2 24 | 19.4% | -26.6% | ||
| Q1 24 | 19.8% | -37.7% |
净利率FTVRBLX
| Q4 25 | — | -22.3% | ||
| Q3 25 | 5.4% | -18.8% | ||
| Q2 25 | 11.0% | -25.8% | ||
| Q1 25 | 11.7% | -20.8% | ||
| Q4 24 | 12.9% | -22.2% | ||
| Q3 24 | 14.4% | -26.0% | ||
| Q2 24 | 12.6% | -23.0% | ||
| Q1 24 | 13.6% | -33.8% |
每股收益（稀释后）FTVRBLX
| Q4 25 | — | $-0.44 | ||
| Q3 25 | $0.16 | $-0.37 | ||
| Q2 25 | $0.49 | $-0.41 | ||
| Q1 25 | $0.50 | $-0.32 | ||
| Q4 24 | $0.60 | $-0.32 | ||
| Q3 24 | $0.63 | $-0.37 | ||
| Q2 24 | $0.55 | $-0.32 | ||
| Q1 24 | $0.58 | $-0.43 |
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 | $430.8M | $3.1B |
| 总债务越低越好 | $3.3B | $1.2B |
| 股东权益账面价值 | $6.5B | $394.5M |
| 总资产 | $11.9B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.51× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资FTVRBLX
| Q4 25 | — | $3.1B | ||
| Q3 25 | $430.8M | $2.9B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $892.1M | $2.7B | ||
| Q4 24 | $813.3M | $2.4B | ||
| Q3 24 | $811.3M | $2.3B | ||
| Q2 24 | $644.1M | $2.4B | ||
| Q1 24 | $704.6M | $2.4B |
总债务FTVRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.7B | $1.2B | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.9B | — |
股东权益FTVRBLX
| Q4 25 | — | $394.5M | ||
| Q3 25 | $6.5B | $407.6M | ||
| Q2 25 | $10.4B | $353.2M | ||
| Q1 25 | $10.2B | $310.7M | ||
| Q4 24 | $10.2B | $221.4M | ||
| Q3 24 | $10.6B | $189.9M | ||
| Q2 24 | $10.5B | $121.5M | ||
| Q1 24 | $10.5B | $71.6M |
总资产FTVRBLX
| Q4 25 | — | $9.6B | ||
| Q3 25 | $11.9B | $8.6B | ||
| Q2 25 | $18.2B | $7.8B | ||
| Q1 25 | $17.1B | $7.5B | ||
| Q4 24 | $17.0B | $7.2B | ||
| Q3 24 | $17.5B | $6.7B | ||
| Q2 24 | $17.3B | $6.5B | ||
| Q1 24 | $17.5B | $6.3B |
负债/权益比FTVRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.36× | 5.48× | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.38× | — |
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 | $164.4M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $153.1M | $308.6M |
| 自由现金流率自由现金流/营收 | 14.9% | 21.8% |
| 资本支出强度资本支出/营收 | 1.1% | 21.1% |
| 现金转化率经营现金流/净利润 | 2.99× | — |
| 过去12个月自由现金流最近4个季度 | $1.1B | $1.4B |
8季度趋势，按日历期对齐
经营现金流FTVRBLX
| Q4 25 | — | $607.0M | ||
| Q3 25 | $164.4M | $546.2M | ||
| Q2 25 | $311.2M | $199.3M | ||
| Q1 25 | $241.7M | $443.9M | ||
| Q4 24 | $502.2M | $184.5M | ||
| Q3 24 | $459.0M | $247.4M | ||
| Q2 24 | $308.9M | $151.4M | ||
| Q1 24 | $256.7M | $238.9M |
自由现金流FTVRBLX
| Q4 25 | — | $308.6M | ||
| Q3 25 | $153.1M | $443.6M | ||
| Q2 25 | $274.5M | $176.7M | ||
| Q1 25 | $215.0M | $426.5M | ||
| Q4 24 | $465.2M | $120.6M | ||
| Q3 24 | $431.2M | $218.0M | ||
| Q2 24 | $279.7M | $111.7M | ||
| Q1 24 | $230.3M | $192.3M |
自由现金流率FTVRBLX
| Q4 25 | — | 21.8% | ||
| Q3 25 | 14.9% | 32.6% | ||
| Q2 25 | 18.1% | 16.3% | ||
| Q1 25 | 14.6% | 41.2% | ||
| Q4 24 | 28.7% | 12.2% | ||
| Q3 24 | 28.1% | 23.7% | ||
| Q2 24 | 18.0% | 12.5% | ||
| Q1 24 | 15.1% | 24.0% |
资本支出强度FTVRBLX
| Q4 25 | — | 21.1% | ||
| Q3 25 | 1.1% | 7.5% | ||
| Q2 25 | 2.4% | 2.1% | ||
| Q1 25 | 1.8% | 1.7% | ||
| Q4 24 | 2.3% | 6.5% | ||
| Q3 24 | 1.8% | 3.2% | ||
| Q2 24 | 1.9% | 4.4% | ||
| Q1 24 | 1.7% | 5.8% |
现金转化率FTVRBLX
| Q4 25 | — | — | ||
| Q3 25 | 2.99× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.41× | — | ||
| Q4 24 | 2.41× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.58× | — | ||
| Q1 24 | 1.24× | — |
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
FTV
| Advanced Healthcare Solutions | $328.3M | 32% |
| Industrial Manufacturing | $287.9M | 28% |
| Energy And Infrastructure | $166.7M | 16% |
| Government | $88.0M | 9% |
| Retail | $82.7M | 8% |
| Other Direct End Markets | $79.6M | 8% |
RBLX
暂无分部数据
