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Frontier Communications Parent, Inc.（FYBR）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
Frontier Communications Parent, Inc.的季度营收约是利氏兄弟拍卖行的1.3倍（$1.5B vs $1.2B），利氏兄弟拍卖行净利率更高（9.1% vs -5.0%，领先14.1%），利氏兄弟拍卖行同比增速更快（5.4% vs 4.2%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-315.0M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% vs 4.3%）
前沿通信母公司是一家美国电信企业，隶属于威瑞森，拥有光纤通信网络，并提供云相关服务，该公司曾先后更名为公民公用事业公司、公民通信公司和前沿通信公司，是美国本土知名电信运营商之一。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
FYBR vs RBA — 直观对比
营收规模更大
FYBR
是对方的1.3倍
$1.2B
营收增速更快
RBA
高出1.2%
4.2%
净利率更高
RBA
高出14.1%
-5.0%
自由现金流更多
RBA
多$501.5M
$-315.0M
两年增速更快
RBA
近两年复合增速
4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.2B |
| 净利润 | $-76.0M | $109.7M |
| 毛利率 | 64.3% | — |
| 营业利润率 | 7.6% | 14.7% |
| 净利率 | -5.0% | 9.1% |
| 营收同比 | 4.2% | 5.4% |
| 净利润同比 | 7.3% | -7.4% |
| 每股收益（稀释后） | $-0.30 | $0.53 |
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FYBRRBA
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.5B | $981.8M | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.4B | $1.1B |
净利润FYBRRBA
| Q4 25 | — | $109.7M | ||
| Q3 25 | $-76.0M | $95.5M | ||
| Q2 25 | $-123.0M | $109.8M | ||
| Q1 25 | $-64.0M | $113.4M | ||
| Q4 24 | $-118.0M | $118.5M | ||
| Q3 24 | $-82.0M | $76.1M | ||
| Q2 24 | $-123.0M | $111.1M | ||
| Q1 24 | $1.0M | $107.4M |
毛利率FYBRRBA
| Q4 25 | — | — | ||
| Q3 25 | 64.3% | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | 65.2% | — | ||
| Q4 24 | 64.2% | — | ||
| Q3 24 | 63.4% | — | ||
| Q2 24 | 64.8% | — | ||
| Q1 24 | 63.9% | — |
营业利润率FYBRRBA
| Q4 25 | — | 14.7% | ||
| Q3 25 | 7.6% | 14.5% | ||
| Q2 25 | 2.9% | 15.9% | ||
| Q1 25 | 5.1% | 17.1% | ||
| Q4 24 | 5.8% | 18.1% | ||
| Q3 24 | 5.8% | 15.6% | ||
| Q2 24 | 6.2% | 18.4% | ||
| Q1 24 | 6.2% | 18.7% |
净利率FYBRRBA
| Q4 25 | — | 9.1% | ||
| Q3 25 | -5.0% | 8.7% | ||
| Q2 25 | -8.1% | 9.3% | ||
| Q1 25 | -4.3% | 10.2% | ||
| Q4 24 | -7.9% | 10.4% | ||
| Q3 24 | -5.6% | 7.8% | ||
| Q2 24 | -8.4% | 10.1% | ||
| Q1 24 | 0.1% | 10.1% |
每股收益（稀释后）FYBRRBA
| Q4 25 | — | $0.53 | ||
| Q3 25 | $-0.30 | $0.43 | ||
| Q2 25 | $-0.49 | $0.53 | ||
| Q1 25 | $-0.26 | $0.55 | ||
| Q4 24 | $-0.48 | $0.58 | ||
| Q3 24 | $-0.33 | $0.36 | ||
| Q2 24 | $-0.49 | $0.54 | ||
| Q1 24 | $0.00 | $0.53 |
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 | $336.0M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $4.7B | $5.6B |
| 总资产 | $21.6B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资FYBRRBA
| Q4 25 | — | $531.5M | ||
| Q3 25 | $336.0M | $674.7M | ||
| Q2 25 | $412.0M | $710.2M | ||
| Q1 25 | $506.0M | $578.1M | ||
| Q4 24 | $750.0M | $533.9M | ||
| Q3 24 | $1.3B | $650.7M | ||
| Q2 24 | $1.2B | $599.5M | ||
| Q1 24 | $1.5B | $462.8M |
总债务FYBRRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益FYBRRBA
| Q4 25 | — | $5.6B | ||
| Q3 25 | $4.7B | $5.5B | ||
| Q2 25 | $4.8B | $5.5B | ||
| Q1 25 | $4.9B | $5.3B | ||
| Q4 24 | $4.9B | $5.2B | ||
| Q3 24 | $5.1B | $5.2B | ||
| Q2 24 | $5.1B | $5.2B | ||
| Q1 24 | $5.3B | $5.1B |
总资产FYBRRBA
| Q4 25 | — | $12.1B | ||
| Q3 25 | $21.6B | $12.2B | ||
| Q2 25 | $21.3B | $12.2B | ||
| Q1 25 | $20.9B | $11.9B | ||
| Q4 24 | $20.6B | $11.8B | ||
| Q3 24 | $20.9B | $11.9B | ||
| Q2 24 | $20.2B | $12.1B | ||
| Q1 24 | $20.2B | $12.0B |
负债/权益比FYBRRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $504.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-315.0M | $186.5M |
| 自由现金流率自由现金流/营收 | -20.5% | 15.5% |
| 资本支出强度资本支出/营收 | 53.4% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $719.2M |
8季度趋势，按日历期对齐
经营现金流FYBRRBA
| Q4 25 | — | $255.2M | ||
| Q3 25 | $504.0M | $239.7M | ||
| Q2 25 | $477.0M | $326.5M | ||
| Q1 25 | $519.0M | $156.8M | ||
| Q4 24 | $294.0M | $184.5M | ||
| Q3 24 | $618.0M | $285.4M | ||
| Q2 24 | $374.0M | $337.3M | ||
| Q1 24 | $335.0M | $124.8M |
自由现金流FYBRRBA
| Q4 25 | — | $186.5M | ||
| Q3 25 | $-315.0M | $188.5M | ||
| Q2 25 | $-368.0M | $241.7M | ||
| Q1 25 | $-238.0M | $102.5M | ||
| Q4 24 | $-498.0M | $127.9M | ||
| Q3 24 | $-81.0M | $248.5M | ||
| Q2 24 | $-252.0M | $308.6M | ||
| Q1 24 | $-331.0M | $79.6M |
自由现金流率FYBRRBA
| Q4 25 | — | 15.5% | ||
| Q3 25 | -20.5% | 17.3% | ||
| Q2 25 | -24.2% | 20.4% | ||
| Q1 25 | -15.9% | 9.2% | ||
| Q4 24 | -33.4% | 11.2% | ||
| Q3 24 | -5.5% | 25.3% | ||
| Q2 24 | -17.2% | 28.2% | ||
| Q1 24 | -22.9% | 7.5% |
资本支出强度FYBRRBA
| Q4 25 | — | 5.7% | ||
| Q3 25 | 53.4% | 4.7% | ||
| Q2 25 | 55.5% | 7.2% | ||
| Q1 25 | 50.6% | 4.9% | ||
| Q4 24 | 53.2% | 5.0% | ||
| Q3 24 | 47.5% | 3.8% | ||
| Q2 24 | 42.7% | 2.6% | ||
| Q1 24 | 46.1% | 4.2% |
现金转化率FYBRRBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.51× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | 335.00× | 1.16× |
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
FYBR
| Consumer | $826.0M | 54% |
| Business And Wholesale | $707.0M | 46% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
