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FORWARD AIR CORP（FWRD）与Liberty Energy Inc.（LBRT）财务数据对比。点击上方公司名可切换其他公司
Liberty Energy Inc.的季度营收约是FORWARD AIR CORP的1.6倍（$1.0B vs $631.2M），Liberty Energy Inc.净利率更高（2.2% vs -4.5%，领先6.7%），Liberty Energy Inc.同比增速更快（4.5% vs -0.3%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs -6.2%）
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
FWRD vs LBRT — 直观对比
营收规模更大
LBRT
是对方的1.6倍
$631.2M
营收增速更快
LBRT
高出4.7%
-0.3%
净利率更高
LBRT
高出6.7%
-4.5%
两年增速更快
FWRD
近两年复合增速
-6.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $1.0B |
| 净利润 | $-28.3M | $22.6M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | 2.2% |
| 净利率 | -4.5% | 2.2% |
| 营收同比 | -0.3% | 4.5% |
| 净利润同比 | 22.2% | — |
| 每股收益（稀释后） | $-0.90 | $0.14 |
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FWRDLBRT
| Q1 26 | — | $1.0B | ||
| Q4 25 | $631.2M | $1.0B | ||
| Q3 25 | $631.8M | $947.4M | ||
| Q2 25 | $618.8M | $1.0B | ||
| Q1 25 | $613.3M | $977.5M | ||
| Q4 24 | $632.8M | $943.6M | ||
| Q3 24 | $655.9M | $1.1B | ||
| Q2 24 | $643.7M | $1.2B |
净利润FWRDLBRT
| Q1 26 | — | $22.6M | ||
| Q4 25 | $-28.3M | $13.7M | ||
| Q3 25 | $-16.3M | $43.1M | ||
| Q2 25 | $-12.6M | $71.0M | ||
| Q1 25 | $-50.6M | $20.1M | ||
| Q4 24 | $-36.4M | $51.9M | ||
| Q3 24 | $-73.4M | $73.8M | ||
| Q2 24 | $-645.4M | $108.4M |
毛利率FWRDLBRT
| Q1 26 | — | — | ||
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.9% |
营业利润率FWRDLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | -0.5% | 1.9% | ||
| Q3 25 | 2.4% | -0.3% | ||
| Q2 25 | 3.2% | 3.6% | ||
| Q1 25 | 0.8% | 1.9% | ||
| Q4 24 | 12.0% | 2.6% | ||
| Q3 24 | 3.5% | 9.4% | ||
| Q2 24 | -170.2% | 12.2% |
净利率FWRDLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | -4.5% | 1.3% | ||
| Q3 25 | -2.6% | 4.5% | ||
| Q2 25 | -2.0% | 6.8% | ||
| Q1 25 | -8.3% | 2.1% | ||
| Q4 24 | -5.8% | 5.5% | ||
| Q3 24 | -11.2% | 6.5% | ||
| Q2 24 | -100.3% | 9.3% |
每股收益（稀释后）FWRDLBRT
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-0.90 | $0.08 | ||
| Q3 25 | $-0.52 | $0.26 | ||
| Q2 25 | $-0.41 | $0.43 | ||
| Q1 25 | $-1.68 | $0.12 | ||
| Q4 24 | $-1.69 | $0.31 | ||
| Q3 24 | $-2.66 | $0.44 | ||
| Q2 24 | $-23.47 | $0.64 |
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 | $106.0M | $699.1M |
| 总债务越低越好 | $1.7B | $7.1M |
| 股东权益账面价值 | $113.3M | $1.9B |
| 总资产 | $2.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 14.89× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资FWRDLBRT
| Q1 26 | — | $699.1M | ||
| Q4 25 | $106.0M | $27.6M | ||
| Q3 25 | $140.4M | $13.5M | ||
| Q2 25 | $95.1M | $19.6M | ||
| Q1 25 | $116.3M | $24.1M | ||
| Q4 24 | $104.9M | $20.0M | ||
| Q3 24 | $136.6M | $23.0M | ||
| Q2 24 | $84.9M | $30.0M |
总债务FWRDLBRT
| Q1 26 | — | $7.1M | ||
| Q4 25 | $1.7B | $246.6M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FWRDLBRT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $113.3M | $2.1B | ||
| Q3 25 | $139.8M | $2.1B | ||
| Q2 25 | $151.8M | $2.0B | ||
| Q1 25 | $154.6M | $2.0B | ||
| Q4 24 | $201.7M | $2.0B | ||
| Q3 24 | $226.1M | $2.0B | ||
| Q2 24 | $283.8M | $1.9B |
总资产FWRDLBRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $2.7B | $3.6B | ||
| Q3 25 | $2.8B | $3.5B | ||
| Q2 25 | $2.8B | $3.4B | ||
| Q1 25 | $2.8B | $3.4B | ||
| Q4 24 | $2.8B | $3.3B | ||
| Q3 24 | $3.1B | $3.3B | ||
| Q2 24 | $3.1B | $3.2B |
负债/权益比FWRDLBRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | 14.89× | 0.12× | ||
| Q3 25 | 12.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 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
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
LBRT
暂无分部数据
