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自由媒体集团（FWONA）与RESIDEO TECHNOLOGIES, INC.（REZI）财务数据对比。点击上方公司名可切换其他公司
RESIDEO TECHNOLOGIES, INC.的季度营收约是自由媒体集团的1.2倍（$1.9B vs $1.6B），自由媒体集团净利率更高（20.7% vs 7.2%，领先13.5%），自由媒体集团同比增速更快（150.7% vs 2.0%），RESIDEO TECHNOLOGIES, INC.自由现金流更多（$262.0M vs $62.0M），过去两年RESIDEO TECHNOLOGIES, INC.的营收复合增速更高（12.9% vs -23.5%）
自由媒体集团是1991年由约翰·C·马龙创立的美国大型传媒企业，旗下设有两大对应独立追踪股票的业务板块，持有一级方程式集团和Live Nation Entertainment的股权，截至2025年拥有F1、世界摩托车锦标赛、世界超级摩托车锦标赛三项全球顶级赛车运动IP及运营业务。
Resideo Technologies是2018年从霍尼韦尔分拆成立的美国跨国企业，主营住宅场景的温控、空气质量调节、湿度控制及安防系统，业务覆盖美国及全球市场。公司下设产品、分销两大业务板块，生产销售温度照明控制、安防、水气监测等智能家居硬件及配套软件产品。
FWONA vs REZI — 直观对比
营收规模更大
REZI
是对方的1.2倍
$1.6B
营收增速更快
FWONA
高出148.7%
2.0%
净利率更高
FWONA
高出13.5%
7.2%
自由现金流更多
REZI
多$200.0M
$62.0M
两年增速更快
REZI
近两年复合增速
-23.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.9B |
| 净利润 | $333.0M | $136.0M |
| 毛利率 | — | 29.6% |
| 营业利润率 | 14.0% | 7.4% |
| 净利率 | 20.7% | 7.2% |
| 营收同比 | 150.7% | 2.0% |
| 净利润同比 | 193.8% | 491.3% |
| 每股收益（稀释后） | — | $0.99 |
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FWONAREZI
| Q4 25 | $1.6B | $1.9B | ||
| Q3 25 | $1.1B | $1.9B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $447.0M | $1.8B | ||
| Q4 24 | $-3.2B | $1.9B | ||
| Q3 24 | $911.0M | $1.8B | ||
| Q2 24 | $3.2B | $1.6B | ||
| Q1 24 | $2.7B | $1.5B |
净利润FWONAREZI
| Q4 25 | $333.0M | $136.0M | ||
| Q3 25 | $13.0M | $156.0M | ||
| Q2 25 | $204.0M | $-825.0M | ||
| Q1 25 | $5.0M | $6.0M | ||
| Q4 24 | $-355.0M | $23.0M | ||
| Q3 24 | $-2.4B | $20.0M | ||
| Q2 24 | $457.0M | $30.0M | ||
| Q1 24 | $203.0M | $43.0M |
毛利率FWONAREZI
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | 28.5% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 26.9% |
营业利润率FWONAREZI
| Q4 25 | 14.0% | 7.4% | ||
| Q3 25 | 13.7% | 8.3% | ||
| Q2 25 | 20.4% | 9.1% | ||
| Q1 25 | -15.9% | 7.7% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 11.7% | 6.9% | ||
| Q2 24 | 16.7% | 7.7% | ||
| Q1 24 | 18.3% | 8.6% |
净利率FWONAREZI
| Q4 25 | 20.7% | 7.2% | ||
| Q3 25 | 1.2% | 8.4% | ||
| Q2 25 | 15.2% | -42.5% | ||
| Q1 25 | 1.1% | 0.3% | ||
| Q4 24 | 11.2% | 1.2% | ||
| Q3 24 | -259.9% | 1.1% | ||
| Q2 24 | 14.4% | 1.9% | ||
| Q1 24 | 7.4% | 2.9% |
每股收益（稀释后）FWONAREZI
| Q4 25 | — | $0.99 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | — | $-5.59 | ||
| Q1 25 | — | $-0.02 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $0.07 | ||
| Q2 24 | — | $0.19 | ||
| Q1 24 | — | $0.29 |
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 | $1.1B | $661.0M |
| 总债务越低越好 | $5.1B | $3.2B |
| 股东权益账面价值 | $7.8B | $2.9B |
| 总资产 | $15.4B | $8.4B |
| 负债/权益比越低杠杆越低 | 0.66× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资FWONAREZI
| Q4 25 | $1.1B | $661.0M | ||
| Q3 25 | $1.6B | $345.0M | ||
| Q2 25 | $3.4B | $753.0M | ||
| Q1 25 | $3.1B | $577.0M | ||
| Q4 24 | $3.0B | $692.0M | ||
| Q3 24 | $3.1B | $531.0M | ||
| Q2 24 | $2.1B | $413.0M | ||
| Q1 24 | $1.7B | $603.0M |
总债务FWONAREZI
| Q4 25 | $5.1B | $3.2B | ||
| Q3 25 | $7.0B | $3.2B | ||
| Q2 25 | $4.8B | $2.0B | ||
| Q1 25 | $4.6B | $2.0B | ||
| Q4 24 | $4.5B | $2.0B | ||
| Q3 24 | $4.4B | $2.0B | ||
| Q2 24 | $15.0B | $2.0B | ||
| Q1 24 | $15.4B | $1.4B |
股东权益FWONAREZI
| Q4 25 | $7.8B | $2.9B | ||
| Q3 25 | $7.4B | $2.8B | ||
| Q2 25 | $7.3B | $2.6B | ||
| Q1 25 | $7.0B | $3.3B | ||
| Q4 24 | $7.0B | $3.3B | ||
| Q3 24 | $7.4B | $3.4B | ||
| Q2 24 | $17.1B | $3.3B | ||
| Q1 24 | $16.6B | $2.8B |
总资产FWONAREZI
| Q4 25 | $15.4B | $8.4B | ||
| Q3 25 | $17.8B | $8.2B | ||
| Q2 25 | $13.8B | $8.5B | ||
| Q1 25 | $13.3B | $8.1B | ||
| Q4 24 | $12.9B | $8.2B | ||
| Q3 24 | $13.2B | $8.1B | ||
| Q2 24 | $42.6B | $8.0B | ||
| Q1 24 | $42.4B | $6.5B |
负债/权益比FWONAREZI
| Q4 25 | 0.66× | 1.11× | ||
| Q3 25 | 0.95× | 1.17× | ||
| Q2 25 | 0.65× | 0.77× | ||
| Q1 25 | 0.65× | 0.60× | ||
| Q4 24 | 0.65× | 0.61× | ||
| Q3 24 | 0.59× | 0.60× | ||
| Q2 24 | 0.88× | 0.61× | ||
| Q1 24 | 0.93× | 0.51× |
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 | $123.0M | $299.0M |
| 自由现金流经营现金流 - 资本支出 | $62.0M | $262.0M |
| 自由现金流率自由现金流/营收 | 3.9% | 13.8% |
| 资本支出强度资本支出/营收 | 3.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.37× | 2.20× |
| 过去12个月自由现金流最近4个季度 | $789.0M | $-1.3B |
8季度趋势，按日历期对齐
经营现金流FWONAREZI
| Q4 25 | $123.0M | $299.0M | ||
| Q3 25 | $173.0M | $-1.6B | ||
| Q2 25 | $231.0M | $200.0M | ||
| Q1 25 | $381.0M | $-65.0M | ||
| Q4 24 | $-23.0M | $203.0M | ||
| Q3 24 | $182.0M | $147.0M | ||
| Q2 24 | $752.0M | $92.0M | ||
| Q1 24 | $395.0M | $2.0M |
自由现金流FWONAREZI
| Q4 25 | $62.0M | $262.0M | ||
| Q3 25 | $170.0M | $-1.6B | ||
| Q2 25 | $209.0M | $180.0M | ||
| Q1 25 | $348.0M | $-96.0M | ||
| Q4 24 | $-46.0M | $181.0M | ||
| Q3 24 | $-153.0M | $125.0M | ||
| Q2 24 | $566.0M | $77.0M | ||
| Q1 24 | $194.0M | $-19.0M |
自由现金流率FWONAREZI
| Q4 25 | 3.9% | 13.8% | ||
| Q3 25 | 15.7% | -85.8% | ||
| Q2 25 | 15.6% | 9.3% | ||
| Q1 25 | 77.9% | -5.4% | ||
| Q4 24 | 1.4% | 9.7% | ||
| Q3 24 | -16.8% | 6.8% | ||
| Q2 24 | 17.9% | 4.8% | ||
| Q1 24 | 7.1% | -1.3% |
资本支出强度FWONAREZI
| Q4 25 | 3.8% | 2.0% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | 1.6% | 1.0% | ||
| Q1 25 | 7.4% | 1.8% | ||
| Q4 24 | -0.7% | 1.2% | ||
| Q3 24 | 36.8% | 1.2% | ||
| Q2 24 | 5.9% | 0.9% | ||
| Q1 24 | 7.3% | 1.4% |
现金转化率FWONAREZI
| Q4 25 | 0.37× | 2.20× | ||
| Q3 25 | 13.31× | -10.07× | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 76.20× | -10.83× | ||
| Q4 24 | — | 8.83× | ||
| Q3 24 | — | 7.35× | ||
| Q2 24 | 1.65× | 3.07× | ||
| Q1 24 | 1.95× | 0.05× |
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
FWONA
| Formula One | $1.4B | 87% |
| Product Service Or Other | $131.0M | 8% |
| Other | $77.0M | 5% |
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
