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FORWARD AIR CORP（FWRD）与STEVEN MADDEN, LTD.（SHOO）财务数据对比。点击上方公司名可切换其他公司
STEVEN MADDEN, LTD.的季度营收约是FORWARD AIR CORP的1.2倍（$749.8M vs $631.2M），STEVEN MADDEN, LTD.净利率更高（3.3% vs -4.5%，领先7.8%），STEVEN MADDEN, LTD.同比增速更快（29.5% vs -0.3%），过去两年STEVEN MADDEN, LTD.的营收复合增速更高（16.7% 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。
Steven Madden, Ltd.是一家上市时尚企业，专注于鞋履及潮流配饰的设计与营销，总部位于纽约长岛市。旗下拥有Dolce Vita、Betsey Johnson、Blondo、BB Dakota、Mad Love等品牌，同时获得Anne Klein、Superga等品牌的授权开展相关业务。
FWRD vs SHOO — 直观对比
营收规模更大
SHOO
是对方的1.2倍
$631.2M
营收增速更快
SHOO
高出29.8%
-0.3%
净利率更高
SHOO
高出7.8%
-4.5%
两年增速更快
SHOO
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $749.8M |
| 净利润 | $-28.3M | $24.7M |
| 毛利率 | — | 42.6% |
| 营业利润率 | -0.5% | 4.8% |
| 净利率 | -4.5% | 3.3% |
| 营收同比 | -0.3% | 29.5% |
| 净利润同比 | 22.2% | -34.8% |
| 每股收益（稀释后） | $-0.90 | $0.33 |
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FWRDSHOO
| Q4 25 | $631.2M | $749.8M | ||
| Q3 25 | $631.8M | $664.2M | ||
| Q2 25 | $618.8M | $556.1M | ||
| Q1 25 | $613.3M | $551.4M | ||
| Q4 24 | $632.8M | $578.8M | ||
| Q3 24 | $655.9M | $621.2M | ||
| Q2 24 | $643.7M | $521.7M | ||
| Q1 24 | $541.8M | $550.6M |
净利润FWRDSHOO
| Q4 25 | $-28.3M | $24.7M | ||
| Q3 25 | $-16.3M | $20.5M | ||
| Q2 25 | $-12.6M | $-38.7M | ||
| Q1 25 | $-50.6M | $41.3M | ||
| Q4 24 | $-36.4M | $37.8M | ||
| Q3 24 | $-73.4M | $55.3M | ||
| Q2 24 | $-645.4M | $36.9M | ||
| Q1 24 | $-61.7M | $44.6M |
毛利率FWRDSHOO
| Q4 25 | — | 42.6% | ||
| Q3 25 | — | 41.8% | ||
| Q2 25 | — | 40.6% | ||
| Q1 25 | — | 41.0% | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | — | 41.8% | ||
| Q2 24 | — | 41.6% | ||
| Q1 24 | — | 40.8% |
营业利润率FWRDSHOO
| Q4 25 | -0.5% | 4.8% | ||
| Q3 25 | 2.4% | 4.7% | ||
| Q2 25 | 3.2% | -7.2% | ||
| Q1 25 | 0.8% | 9.7% | ||
| Q4 24 | 12.0% | 8.1% | ||
| Q3 24 | 3.5% | 12.0% | ||
| Q2 24 | -170.2% | 9.0% | ||
| Q1 24 | -12.1% | 10.3% |
净利率FWRDSHOO
| Q4 25 | -4.5% | 3.3% | ||
| Q3 25 | -2.6% | 3.1% | ||
| Q2 25 | -2.0% | -7.0% | ||
| Q1 25 | -8.3% | 7.5% | ||
| Q4 24 | -5.8% | 6.5% | ||
| Q3 24 | -11.2% | 8.9% | ||
| Q2 24 | -100.3% | 7.1% | ||
| Q1 24 | -11.4% | 8.1% |
每股收益（稀释后）FWRDSHOO
| Q4 25 | $-0.90 | $0.33 | ||
| Q3 25 | $-0.52 | $0.29 | ||
| Q2 25 | $-0.41 | $-0.56 | ||
| Q1 25 | $-1.68 | $0.57 | ||
| Q4 24 | $-1.69 | $0.49 | ||
| Q3 24 | $-2.66 | $0.77 | ||
| Q2 24 | $-23.47 | $0.49 | ||
| Q1 24 | $-2.81 | $0.60 |
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 | $112.4M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $113.3M | $866.4M |
| 总资产 | $2.7B | $1.9B |
| 负债/权益比越低杠杆越低 | 14.89× | — |
8季度趋势，按日历期对齐
现金及短期投资FWRDSHOO
| Q4 25 | $106.0M | $112.4M | ||
| Q3 25 | $140.4M | $140.0K | ||
| Q2 25 | $95.1M | $111.9M | ||
| Q1 25 | $116.3M | $147.2M | ||
| Q4 24 | $104.9M | $203.4M | ||
| Q3 24 | $136.6M | $11.1M | ||
| Q2 24 | $84.9M | $192.2M | ||
| Q1 24 | $152.0M | $143.1M |
总债务FWRDSHOO
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.7B | — |
股东权益FWRDSHOO
| Q4 25 | $113.3M | $866.4M | ||
| Q3 25 | $139.8M | $850.8M | ||
| Q2 25 | $151.8M | $833.2M | ||
| Q1 25 | $154.6M | $875.3M | ||
| Q4 24 | $201.7M | $847.7M | ||
| Q3 24 | $226.1M | $833.9M | ||
| Q2 24 | $283.8M | $808.3M | ||
| Q1 24 | $926.1M | $825.2M |
总资产FWRDSHOO
| Q4 25 | $2.7B | $1.9B | ||
| Q3 25 | $2.8B | $2.0B | ||
| Q2 25 | $2.8B | $1.9B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $2.8B | $1.4B | ||
| Q3 24 | $3.1B | $1.5B | ||
| Q2 24 | $3.1B | $1.4B | ||
| Q1 24 | $4.0B | $1.3B |
负债/权益比FWRDSHOO
| Q4 25 | 14.89× | — | ||
| Q3 25 | 12.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.81× | — |
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 | — | $91.1M |
| 自由现金流经营现金流 - 资本支出 | — | $80.8M |
| 自由现金流率自由现金流/营收 | — | 10.8% |
| 资本支出强度资本支出/营收 | 1.3% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.70× |
| 过去12个月自由现金流最近4个季度 | — | $119.5M |
8季度趋势，按日历期对齐
经营现金流FWRDSHOO
| Q4 25 | — | $91.1M | ||
| Q3 25 | $52.7M | $23.4M | ||
| Q2 25 | — | $66.5M | ||
| Q1 25 | $27.6M | $-18.8M | ||
| Q4 24 | $-23.2M | $103.9M | ||
| Q3 24 | $51.2M | $444.0K | ||
| Q2 24 | $-45.2M | $109.5M | ||
| Q1 24 | $-51.7M | $-15.7M |
自由现金流FWRDSHOO
| Q4 25 | — | $80.8M | ||
| Q3 25 | $48.6M | $8.6M | ||
| Q2 25 | — | $58.8M | ||
| Q1 25 | $15.7M | $-28.7M | ||
| Q4 24 | $-30.5M | $94.6M | ||
| Q3 24 | $40.7M | $-6.9M | ||
| Q2 24 | $-59.6M | $104.2M | ||
| Q1 24 | $-56.7M | $-19.7M |
自由现金流率FWRDSHOO
| Q4 25 | — | 10.8% | ||
| Q3 25 | 7.7% | 1.3% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | 2.6% | -5.2% | ||
| Q4 24 | -4.8% | 16.3% | ||
| Q3 24 | 6.2% | -1.1% | ||
| Q2 24 | -9.3% | 20.0% | ||
| Q1 24 | -10.5% | -3.6% |
资本支出强度FWRDSHOO
| Q4 25 | 1.3% | 1.4% | ||
| Q3 25 | 0.7% | 2.2% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 1.9% | 1.8% | ||
| Q4 24 | 1.1% | 1.6% | ||
| Q3 24 | 1.6% | 1.2% | ||
| Q2 24 | 2.2% | 1.0% | ||
| Q1 24 | 0.9% | 0.7% |
现金转化率FWRDSHOO
| Q4 25 | — | 3.70× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.46× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 2.96× | ||
| Q1 24 | — | -0.35× |
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% |
SHOO
暂无分部数据
