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ICF International, Inc.（ICFI）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
ICF International, Inc.的季度营收约是世纪互联的1.2倍（$443.7M vs $362.7M），ICF International, Inc.净利率更高（3.9% vs -10.7%，领先14.6%），ICF International, Inc.自由现金流更多（$68.7M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -5.3%）
ICF International是一家总部位于美国弗吉尼亚州雷斯顿的上市企业，主营咨询与技术服务，为各行业客户提供专业的解决方案支持，业务覆盖多领域的专业咨询及技术落地服务。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
ICFI vs VNET — 直观对比
营收规模更大
ICFI
是对方的1.2倍
$362.7M
净利率更高
ICFI
高出14.6%
-10.7%
自由现金流更多
ICFI
多$261.8M
$-193.1M
两年增速更快
VNET
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $443.7M | $362.7M |
| 净利润 | $17.3M | $-38.7M |
| 毛利率 | 35.7% | 20.9% |
| 营业利润率 | 6.5% | 0.5% |
| 净利率 | 3.9% | -10.7% |
| 营收同比 | -10.6% | — |
| 净利润同比 | -29.5% | — |
| 每股收益（稀释后） | $0.95 | — |
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ICFIVNET
| Q4 25 | $443.7M | — | ||
| Q3 25 | $465.4M | $362.7M | ||
| Q2 25 | $476.2M | — | ||
| Q1 25 | $487.6M | $309.5M | ||
| Q4 24 | $496.3M | — | ||
| Q3 24 | $517.0M | $302.2M | ||
| Q2 24 | $512.0M | $274.4M | ||
| Q1 24 | $494.4M | $262.9M |
净利润ICFIVNET
| Q4 25 | $17.3M | — | ||
| Q3 25 | $23.8M | $-38.7M | ||
| Q2 25 | $23.7M | — | ||
| Q1 25 | $26.9M | $-2.4M | ||
| Q4 24 | $24.6M | — | ||
| Q3 24 | $32.7M | $-2.1M | ||
| Q2 24 | $25.6M | $-1.1M | ||
| Q1 24 | $27.3M | $-22.0M |
毛利率ICFIVNET
| Q4 25 | 35.7% | — | ||
| Q3 25 | 37.6% | 20.9% | ||
| Q2 25 | 37.3% | — | ||
| Q1 25 | 38.0% | 25.2% | ||
| Q4 24 | 36.1% | — | ||
| Q3 24 | 37.1% | 23.2% | ||
| Q2 24 | 35.7% | 21.3% | ||
| Q1 24 | 37.2% | 21.6% |
营业利润率ICFIVNET
| Q4 25 | 6.5% | — | ||
| Q3 25 | 8.3% | 0.5% | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 7.9% | 0.1% | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | 8.9% | 24.5% | ||
| Q2 24 | 8.3% | 0.2% | ||
| Q1 24 | 8.3% | 0.2% |
净利率ICFIVNET
| Q4 25 | 3.9% | — | ||
| Q3 25 | 5.1% | -10.7% | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 5.5% | -0.8% | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 6.3% | -0.7% | ||
| Q2 24 | 5.0% | -0.4% | ||
| Q1 24 | 5.5% | -8.4% |
每股收益（稀释后）ICFIVNET
| Q4 25 | $0.95 | — | ||
| Q3 25 | $1.28 | — | ||
| Q2 25 | $1.28 | — | ||
| Q1 25 | $1.44 | — | ||
| Q4 24 | $1.29 | — | ||
| Q3 24 | $1.73 | — | ||
| Q2 24 | $1.36 | — | ||
| Q1 24 | $1.44 | — |
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 | $5.3M | $492.1M |
| 总债务越低越好 | $401.4M | — |
| 股东权益账面价值 | $1.0B | $890.8M |
| 总资产 | $2.1B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资ICFIVNET
| Q4 25 | $5.3M | — | ||
| Q3 25 | $4.0M | $492.1M | ||
| Q2 25 | $7.0M | — | ||
| Q1 25 | $5.7M | $544.3M | ||
| Q4 24 | $5.0M | — | ||
| Q3 24 | $6.9M | $219.5M | ||
| Q2 24 | $4.1M | $247.2M | ||
| Q1 24 | $3.7M | $246.9M |
总债务ICFIVNET
| Q4 25 | $401.4M | — | ||
| Q3 25 | $449.4M | — | ||
| Q2 25 | $462.3M | — | ||
| Q1 25 | $502.0M | — | ||
| Q4 24 | $411.7M | — | ||
| Q3 24 | $419.1M | $1.2B | ||
| Q2 24 | $433.9M | — | ||
| Q1 24 | $474.7M | — |
股东权益ICFIVNET
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $890.8M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $968.9M | $927.8M | ||
| Q4 24 | $982.5M | — | ||
| Q3 24 | $976.3M | $902.9M | ||
| Q2 24 | $943.3M | $900.6M | ||
| Q1 24 | $916.1M | $895.1M |
总资产ICFIVNET
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $6.1B | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | $5.4B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | $4.3B | ||
| Q2 24 | $2.0B | $4.0B | ||
| Q1 24 | $2.0B | $3.9B |
负债/权益比ICFIVNET
| Q4 25 | 0.39× | — | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.43× | 1.28× | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.52× | — |
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 | $75.6M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $68.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | 15.5% | -53.2% |
| 资本支出强度资本支出/营收 | 1.6% | 84.6% |
| 现金转化率经营现金流/净利润 | 4.37× | — |
| 过去12个月自由现金流最近4个季度 | $120.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流ICFIVNET
| Q4 25 | $75.6M | — | ||
| Q3 25 | $47.3M | $113.8M | ||
| Q2 25 | $52.0M | — | ||
| Q1 25 | $-33.0M | $27.0M | ||
| Q4 24 | $95.4M | — | ||
| Q3 24 | $25.5M | $108.3M | ||
| Q2 24 | $60.6M | $55.8M | ||
| Q1 24 | $-10.0M | $37.1M |
自由现金流ICFIVNET
| Q4 25 | $68.7M | — | ||
| Q3 25 | $41.8M | $-193.1M | ||
| Q2 25 | $46.2M | — | ||
| Q1 25 | $-36.5M | $-220.0M | ||
| Q4 24 | $89.5M | — | ||
| Q3 24 | $20.4M | $-95.0M | ||
| Q2 24 | $55.5M | $-81.6M | ||
| Q1 24 | $-15.2M | $-102.2M |
自由现金流率ICFIVNET
| Q4 25 | 15.5% | — | ||
| Q3 25 | 9.0% | -53.2% | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | -7.5% | -71.1% | ||
| Q4 24 | 18.0% | — | ||
| Q3 24 | 3.9% | -31.4% | ||
| Q2 24 | 10.8% | -29.8% | ||
| Q1 24 | -3.1% | -38.9% |
资本支出强度ICFIVNET
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.2% | 84.6% | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.7% | 79.8% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 1.0% | 67.3% | ||
| Q2 24 | 1.0% | 50.1% | ||
| Q1 24 | 1.1% | 53.0% |
现金转化率ICFIVNET
| Q4 25 | 4.37× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | -1.23× | — | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 2.37× | — | ||
| Q1 24 | -0.37× | — |
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
ICFI
| US Federal Government | $166.7M | 38% |
| Commercial | $164.4M | 37% |
| US State And Local Government | $78.7M | 18% |
| International Government | $33.8M | 8% |
VNET
暂无分部数据
