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FORWARD AIR CORP（FWRD）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
STIFEL FINANCIAL CORP的季度营收约是FORWARD AIR CORP的1.8倍（$1.1B vs $631.2M），STIFEL FINANCIAL CORP净利率更高（23.5% vs -4.5%，领先27.9%），STIFEL FINANCIAL CORP同比增速更快（23.0% vs -0.3%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（21.1% vs 7.9%）
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。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
FWRD vs SF — 直观对比
营收规模更大
SF
是对方的1.8倍
$631.2M
营收增速更快
SF
高出23.3%
-0.3%
净利率更高
SF
高出27.9%
-4.5%
两年增速更快
SF
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $1.1B |
| 净利润 | $-28.3M | $264.4M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | 27.3% |
| 净利率 | -4.5% | 23.5% |
| 营收同比 | -0.3% | 23.0% |
| 净利润同比 | 22.2% | 8.3% |
| 每股收益（稀释后） | $-0.90 | $2.30 |
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FWRDSF
| Q4 25 | $631.2M | $1.1B | ||
| Q3 25 | $631.8M | $962.6M | ||
| Q2 25 | $618.8M | $838.9M | ||
| Q1 25 | $613.3M | $842.5M | ||
| Q4 24 | $632.8M | $916.0M | ||
| Q3 24 | $655.9M | $810.9M | ||
| Q2 24 | $643.7M | $798.9M | ||
| Q1 24 | $541.8M | $768.1M |
净利润FWRDSF
| Q4 25 | $-28.3M | $264.4M | ||
| Q3 25 | $-16.3M | $211.4M | ||
| Q2 25 | $-12.6M | $155.1M | ||
| Q1 25 | $-50.6M | $53.0M | ||
| Q4 24 | $-36.4M | $244.0M | ||
| Q3 24 | $-73.4M | $158.5M | ||
| Q2 24 | $-645.4M | $165.3M | ||
| Q1 24 | $-61.7M | $163.6M |
营业利润率FWRDSF
| Q4 25 | -0.5% | 27.3% | ||
| Q3 25 | 2.4% | 29.7% | ||
| Q2 25 | 3.2% | 25.5% | ||
| Q1 25 | 0.8% | 7.5% | ||
| Q4 24 | 12.0% | 29.1% | ||
| Q3 24 | 3.5% | 26.7% | ||
| Q2 24 | -170.2% | 28.4% | ||
| Q1 24 | -12.1% | 28.5% |
净利率FWRDSF
| Q4 25 | -4.5% | 23.5% | ||
| Q3 25 | -2.6% | 22.0% | ||
| Q2 25 | -2.0% | 18.5% | ||
| Q1 25 | -8.3% | 6.3% | ||
| Q4 24 | -5.8% | 26.6% | ||
| Q3 24 | -11.2% | 19.5% | ||
| Q2 24 | -100.3% | 20.7% | ||
| Q1 24 | -11.4% | 21.3% |
每股收益（稀释后）FWRDSF
| Q4 25 | $-0.90 | $2.30 | ||
| Q3 25 | $-0.52 | $1.84 | ||
| Q2 25 | $-0.41 | $1.34 | ||
| Q1 25 | $-1.68 | $0.39 | ||
| Q4 24 | $-1.69 | $2.10 | ||
| Q3 24 | $-2.66 | $1.34 | ||
| Q2 24 | $-23.47 | $1.41 | ||
| Q1 24 | $-2.81 | $1.40 |
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 | $2.3B |
| 总债务越低越好 | $1.7B | $617.4M |
| 股东权益账面价值 | $113.3M | $6.0B |
| 总资产 | $2.7B | $41.3B |
| 负债/权益比越低杠杆越低 | 14.89× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资FWRDSF
| Q4 25 | $106.0M | $2.3B | ||
| Q3 25 | $140.4M | $3.2B | ||
| Q2 25 | $95.1M | $1.9B | ||
| Q1 25 | $116.3M | $2.7B | ||
| Q4 24 | $104.9M | $2.6B | ||
| Q3 24 | $136.6M | $1.9B | ||
| Q2 24 | $84.9M | $2.6B | ||
| Q1 24 | $152.0M | $3.4B |
总债务FWRDSF
| Q4 25 | $1.7B | $617.4M | ||
| Q3 25 | $1.7B | $617.2M | ||
| Q2 25 | — | $617.0M | ||
| Q1 25 | — | $616.8M | ||
| Q4 24 | — | $616.6M | ||
| Q3 24 | — | $616.4M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | $1.7B | $1.1B |
股东权益FWRDSF
| Q4 25 | $113.3M | $6.0B | ||
| Q3 25 | $139.8M | $5.8B | ||
| Q2 25 | $151.8M | $5.6B | ||
| Q1 25 | $154.6M | $5.5B | ||
| Q4 24 | $201.7M | $5.7B | ||
| Q3 24 | $226.1M | $5.6B | ||
| Q2 24 | $283.8M | $5.4B | ||
| Q1 24 | $926.1M | $5.3B |
总资产FWRDSF
| Q4 25 | $2.7B | $41.3B | ||
| Q3 25 | $2.8B | $41.7B | ||
| Q2 25 | $2.8B | $39.9B | ||
| Q1 25 | $2.8B | $40.4B | ||
| Q4 24 | $2.8B | $39.9B | ||
| Q3 24 | $3.1B | $38.9B | ||
| Q2 24 | $3.1B | $37.8B | ||
| Q1 24 | $4.0B | $38.3B |
负债/权益比FWRDSF
| Q4 25 | 14.89× | 0.10× | ||
| Q3 25 | 12.05× | 0.11× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | 1.81× | 0.21× |
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 | — | $382.4M |
| 自由现金流经营现金流 - 资本支出 | — | $369.0M |
| 自由现金流率自由现金流/营收 | — | 32.7% |
| 资本支出强度资本支出/营收 | 1.3% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流FWRDSF
| Q4 25 | — | $382.4M | ||
| Q3 25 | $52.7M | $338.3M | ||
| Q2 25 | — | $607.5M | ||
| Q1 25 | $27.6M | $-211.2M | ||
| Q4 24 | $-23.2M | $694.6M | ||
| Q3 24 | $51.2M | $198.3M | ||
| Q2 24 | $-45.2M | $207.2M | ||
| Q1 24 | $-51.7M | $-609.7M |
自由现金流FWRDSF
| Q4 25 | — | $369.0M | ||
| Q3 25 | $48.6M | $321.1M | ||
| Q2 25 | — | $592.7M | ||
| Q1 25 | $15.7M | $-227.8M | ||
| Q4 24 | $-30.5M | $677.2M | ||
| Q3 24 | $40.7M | $185.6M | ||
| Q2 24 | $-59.6M | $173.3M | ||
| Q1 24 | $-56.7M | $-619.4M |
自由现金流率FWRDSF
| Q4 25 | — | 32.7% | ||
| Q3 25 | 7.7% | 33.4% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | 2.6% | -27.0% | ||
| Q4 24 | -4.8% | 73.9% | ||
| Q3 24 | 6.2% | 22.9% | ||
| Q2 24 | -9.3% | 21.7% | ||
| Q1 24 | -10.5% | -80.6% |
资本支出强度FWRDSF
| Q4 25 | 1.3% | 1.2% | ||
| Q3 25 | 0.7% | 1.8% | ||
| Q2 25 | 0.8% | 1.8% | ||
| Q1 25 | 1.9% | 2.0% | ||
| Q4 24 | 1.1% | 1.9% | ||
| Q3 24 | 1.6% | 1.6% | ||
| Q2 24 | 2.2% | 4.2% | ||
| Q1 24 | 0.9% | 1.3% |
现金转化率FWRDSF
| Q4 25 | — | 1.45× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | -3.99× | ||
| Q4 24 | — | 2.85× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | — | 1.25× | ||
| Q1 24 | — | -3.73× |
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% |
SF
暂无分部数据
