vs
Frontier Communications Parent, Inc.（FYBR）与希悦尔（SEE）财务数据对比。点击上方公司名可切换其他公司
Frontier Communications Parent, Inc.的季度营收约是希悦尔的1.1倍（$1.5B vs $1.4B），希悦尔净利率更高（3.1% vs -5.0%，领先8.1%），Frontier Communications Parent, Inc.同比增速更快（4.2% vs 2.6%），希悦尔自由现金流更多（$257.7M vs $-315.0M），过去两年Frontier Communications Parent, Inc.的营收复合增速更高（4.3% vs 2.7%）
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。
希悦尔是全球领先的包装与防护解决方案供应商，核心产品包括缓冲防护材料、食品保鲜包装、可持续减废包装系统，服务覆盖电商、零售、食品饮料、工业制造等多个海内外领域。
FYBR vs SEE — 直观对比
营收规模更大
FYBR
是对方的1.1倍
$1.4B
营收增速更快
FYBR
高出1.6%
2.6%
净利率更高
SEE
高出8.1%
-5.0%
自由现金流更多
SEE
多$572.7M
$-315.0M
两年增速更快
FYBR
近两年复合增速
2.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $-76.0M | $43.8M |
| 毛利率 | 64.3% | 28.6% |
| 营业利润率 | 7.6% | 11.4% |
| 净利率 | -5.0% | 3.1% |
| 营收同比 | 4.2% | 2.6% |
| 净利润同比 | 7.3% | 700.0% |
| 每股收益（稀释后） | $-0.30 | $0.30 |
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FYBRSEE
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.5B | $1.4B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.4B | $1.3B |
净利润FYBRSEE
| Q4 25 | — | $43.8M | ||
| Q3 25 | $-76.0M | $255.1M | ||
| Q2 25 | $-123.0M | $93.1M | ||
| Q1 25 | $-64.0M | $113.5M | ||
| Q4 24 | $-118.0M | $-7.3M | ||
| Q3 24 | $-82.0M | $91.7M | ||
| Q2 24 | $-123.0M | $98.3M | ||
| Q1 24 | $1.0M | $82.0M |
毛利率FYBRSEE
| Q4 25 | — | 28.6% | ||
| Q3 25 | 64.3% | 29.8% | ||
| Q2 25 | 65.0% | 30.7% | ||
| Q1 25 | 65.2% | 30.9% | ||
| Q4 24 | 64.2% | 30.0% | ||
| Q3 24 | 63.4% | 30.1% | ||
| Q2 24 | 64.8% | 31.2% | ||
| Q1 24 | 63.9% | 30.3% |
营业利润率FYBRSEE
| Q4 25 | — | 11.4% | ||
| Q3 25 | 7.6% | 13.8% | ||
| Q2 25 | 2.9% | 15.0% | ||
| Q1 25 | 5.1% | 14.5% | ||
| Q4 24 | 5.8% | 11.7% | ||
| Q3 24 | 5.8% | 13.9% | ||
| Q2 24 | 6.2% | 15.4% | ||
| Q1 24 | 6.2% | 14.0% |
净利率FYBRSEE
| Q4 25 | — | 3.1% | ||
| Q3 25 | -5.0% | 19.0% | ||
| Q2 25 | -8.1% | 7.0% | ||
| Q1 25 | -4.3% | 9.0% | ||
| Q4 24 | -7.9% | -0.5% | ||
| Q3 24 | -5.6% | 6.9% | ||
| Q2 24 | -8.4% | 7.4% | ||
| Q1 24 | 0.1% | 6.2% |
每股收益（稀释后）FYBRSEE
| Q4 25 | — | $0.30 | ||
| Q3 25 | $-0.30 | $1.73 | ||
| Q2 25 | $-0.49 | $0.63 | ||
| Q1 25 | $-0.26 | $0.77 | ||
| Q4 24 | $-0.48 | $-0.05 | ||
| Q3 24 | $-0.33 | $0.63 | ||
| Q2 24 | $-0.49 | $0.67 | ||
| Q1 24 | $0.00 | $0.56 |
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 | $344.0M |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $4.7B | $1.2B |
| 总资产 | $21.6B | $7.0B |
| 负债/权益比越低杠杆越低 | — | 2.65× |
8季度趋势，按日历期对齐
现金及短期投资FYBRSEE
| Q4 25 | — | $344.0M | ||
| Q3 25 | $336.0M | $282.5M | ||
| Q2 25 | $412.0M | $354.4M | ||
| Q1 25 | $506.0M | $335.2M | ||
| Q4 24 | $750.0M | $371.8M | ||
| Q3 24 | $1.3B | $386.0M | ||
| Q2 24 | $1.2B | $388.6M | ||
| Q1 24 | $1.5B | $352.8M |
总债务FYBRSEE
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.5B |
股东权益FYBRSEE
| Q4 25 | — | $1.2B | ||
| Q3 25 | $4.7B | $1.2B | ||
| Q2 25 | $4.8B | $953.1M | ||
| Q1 25 | $4.9B | $797.9M | ||
| Q4 24 | $4.9B | $624.5M | ||
| Q3 24 | $5.1B | $771.2M | ||
| Q2 24 | $5.1B | $650.1M | ||
| Q1 24 | $5.3B | $598.3M |
总资产FYBRSEE
| Q4 25 | — | $7.0B | ||
| Q3 25 | $21.6B | $7.1B | ||
| Q2 25 | $21.3B | $7.2B | ||
| Q1 25 | $20.9B | $7.0B | ||
| Q4 24 | $20.6B | $7.0B | ||
| Q3 24 | $20.9B | $7.3B | ||
| Q2 24 | $20.2B | $7.3B | ||
| Q1 24 | $20.2B | $7.2B |
负债/权益比FYBRSEE
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $-315.0M | $257.7M |
| 自由现金流率自由现金流/营收 | -20.5% | 18.5% |
| 资本支出强度资本支出/营收 | 53.4% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 6.70× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $458.5M |
8季度趋势，按日历期对齐
经营现金流FYBRSEE
| Q4 25 | — | $293.6M | ||
| Q3 25 | $504.0M | $165.9M | ||
| Q2 25 | $477.0M | $136.6M | ||
| Q1 25 | $519.0M | $31.9M | ||
| Q4 24 | $294.0M | $244.2M | ||
| Q3 24 | $618.0M | $170.5M | ||
| Q2 24 | $374.0M | $188.2M | ||
| Q1 24 | $335.0M | $125.1M |
自由现金流FYBRSEE
| Q4 25 | — | $257.7M | ||
| Q3 25 | $-315.0M | $119.6M | ||
| Q2 25 | $-368.0M | $93.2M | ||
| Q1 25 | $-238.0M | $-12.0M | ||
| Q4 24 | $-498.0M | $185.1M | ||
| Q3 24 | $-81.0M | $115.2M | ||
| Q2 24 | $-252.0M | $129.5M | ||
| Q1 24 | $-331.0M | $78.0M |
自由现金流率FYBRSEE
| Q4 25 | — | 18.5% | ||
| Q3 25 | -20.5% | 8.9% | ||
| Q2 25 | -24.2% | 7.0% | ||
| Q1 25 | -15.9% | -0.9% | ||
| Q4 24 | -33.4% | 13.6% | ||
| Q3 24 | -5.5% | 8.6% | ||
| Q2 24 | -17.2% | 9.7% | ||
| Q1 24 | -22.9% | 5.9% |
资本支出强度FYBRSEE
| Q4 25 | — | 2.6% | ||
| Q3 25 | 53.4% | 3.4% | ||
| Q2 25 | 55.5% | 3.3% | ||
| Q1 25 | 50.6% | 3.5% | ||
| Q4 24 | 53.2% | 4.4% | ||
| Q3 24 | 47.5% | 4.1% | ||
| Q2 24 | 42.7% | 4.4% | ||
| Q1 24 | 46.1% | 3.6% |
现金转化率FYBRSEE
| Q4 25 | — | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | 335.00× | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
