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FORWARD AIR CORP（FWRD）与SUN COMMUNITIES INC（SUI）财务数据对比。点击上方公司名可切换其他公司
SUN COMMUNITIES INC的季度营收约是FORWARD AIR CORP的1.1倍（$697.2M vs $631.2M），SUN COMMUNITIES INC净利率更高（1.7% vs -4.5%，领先6.2%），FORWARD AIR CORP同比增速更快（-0.3% vs -25.8%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs -2.1%）
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。
Sun Communities是一家上市房地产投资信托基金，核心投资品类为预制住宅社区及房车营地物业。截至2025年6月2日，该公司在美国、加拿大、英国三地合计持有500处相关资产的权益，专注于居住及休闲类不动产投资领域。
FWRD vs SUI — 直观对比
营收规模更大
SUI
是对方的1.1倍
$631.2M
营收增速更快
FWRD
高出25.6%
-25.8%
净利率更高
SUI
高出6.2%
-4.5%
两年增速更快
FWRD
近两年复合增速
-2.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $697.2M |
| 净利润 | $-28.3M | $12.1M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | — |
| 净利率 | -4.5% | 1.7% |
| 营收同比 | -0.3% | -25.8% |
| 净利润同比 | 22.2% | -96.0% |
| 每股收益（稀释后） | $-0.90 | $0.07 |
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FWRDSUI
| Q4 25 | $631.2M | — | ||
| Q3 25 | $631.8M | $697.2M | ||
| Q2 25 | $618.8M | $623.5M | ||
| Q1 25 | $613.3M | $470.2M | ||
| Q4 24 | $632.8M | $745.9M | ||
| Q3 24 | $655.9M | $939.9M | ||
| Q2 24 | $643.7M | $864.0M | ||
| Q1 24 | $541.8M | $671.3M |
净利润FWRDSUI
| Q4 25 | $-28.3M | — | ||
| Q3 25 | $-16.3M | $12.1M | ||
| Q2 25 | $-12.6M | $1.3B | ||
| Q1 25 | $-50.6M | $-41.2M | ||
| Q4 24 | $-36.4M | $-228.4M | ||
| Q3 24 | $-73.4M | $300.5M | ||
| Q2 24 | $-645.4M | $56.7M | ||
| Q1 24 | $-61.7M | $-25.2M |
营业利润率FWRDSUI
| Q4 25 | -0.5% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 3.5% | — | ||
| Q2 24 | -170.2% | — | ||
| Q1 24 | -12.1% | — |
净利率FWRDSUI
| Q4 25 | -4.5% | — | ||
| Q3 25 | -2.6% | 1.7% | ||
| Q2 25 | -2.0% | 210.8% | ||
| Q1 25 | -8.3% | -8.8% | ||
| Q4 24 | -5.8% | -30.6% | ||
| Q3 24 | -11.2% | 32.0% | ||
| Q2 24 | -100.3% | 6.6% | ||
| Q1 24 | -11.4% | -3.8% |
每股收益（稀释后）FWRDSUI
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $-0.52 | $0.07 | ||
| Q2 25 | $-0.41 | $10.02 | ||
| Q1 25 | $-1.68 | $-0.34 | ||
| Q4 24 | $-1.69 | $-1.80 | ||
| Q3 24 | $-2.66 | $2.31 | ||
| Q2 24 | $-23.47 | $0.42 | ||
| Q1 24 | $-2.81 | $-0.22 |
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 | $542.7M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $113.3M | $7.0B |
| 总资产 | $2.7B | $12.8B |
| 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FWRDSUI
| Q4 25 | $106.0M | — | ||
| Q3 25 | $140.4M | $542.7M | ||
| Q2 25 | $95.1M | $889.7M | ||
| Q1 25 | $116.3M | — | ||
| Q4 24 | $104.9M | $47.4M | ||
| Q3 24 | $136.6M | — | ||
| Q2 24 | $84.9M | — | ||
| Q1 24 | $152.0M | — |
总债务FWRDSUI
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.7B | — |
股东权益FWRDSUI
| Q4 25 | $113.3M | — | ||
| Q3 25 | $139.8M | $7.0B | ||
| Q2 25 | $151.8M | $7.4B | ||
| Q1 25 | $154.6M | $6.9B | ||
| Q4 24 | $201.7M | $7.1B | ||
| Q3 24 | $226.1M | $7.5B | ||
| Q2 24 | $283.8M | $6.9B | ||
| Q1 24 | $926.1M | $6.9B |
总资产FWRDSUI
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | $12.8B | ||
| Q2 25 | $2.8B | $13.4B | ||
| Q1 25 | $2.8B | $16.5B | ||
| Q4 24 | $2.8B | $16.5B | ||
| Q3 24 | $3.1B | $17.1B | ||
| Q2 24 | $3.1B | $17.0B | ||
| Q1 24 | $4.0B | $17.1B |
负债/权益比FWRDSUI
| Q4 25 | 14.89× | — | ||
| Q3 25 | 12.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.04× | ||
| 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 | — | $197.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | — | 16.35× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FWRDSUI
| Q4 25 | — | — | ||
| Q3 25 | $52.7M | $197.8M | ||
| Q2 25 | — | $256.0M | ||
| Q1 25 | $27.6M | $243.9M | ||
| Q4 24 | $-23.2M | $118.0M | ||
| Q3 24 | $51.2M | $189.2M | ||
| Q2 24 | $-45.2M | $311.3M | ||
| Q1 24 | $-51.7M | $242.5M |
自由现金流FWRDSUI
| Q4 25 | — | — | ||
| Q3 25 | $48.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $15.7M | — | ||
| Q4 24 | $-30.5M | — | ||
| Q3 24 | $40.7M | — | ||
| Q2 24 | $-59.6M | — | ||
| Q1 24 | $-56.7M | — |
自由现金流率FWRDSUI
| Q4 25 | — | — | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | -4.8% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | -9.3% | — | ||
| Q1 24 | -10.5% | — |
资本支出强度FWRDSUI
| Q4 25 | 1.3% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 0.9% | — |
现金转化率FWRDSUI
| Q4 25 | — | — | ||
| Q3 25 | — | 16.35× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | 5.49× | ||
| Q1 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% |
SUI
暂无分部数据
