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PHINIA INC.（PHIN）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
PHINIA INC.的季度营收约是Royalty Pharma plc的1.4倍（$889.0M vs $622.0M），PHINIA INC.同比增速更快（6.7% vs 4.8%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% vs 1.5%）
PHINIA INC.是一家全球汽车技术供应商，主打燃油喷射系统、起动机、发电机及混动、电动汽车零部件，服务全球各主要市场的整车生产商和售后客户，覆盖乘用车、商用车及工业出行领域。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
PHIN vs RPRX — 直观对比
营收规模更大
PHIN
是对方的1.4倍
$622.0M
营收增速更快
PHIN
高出1.9%
4.8%
两年增速更快
RPRX
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $889.0M | $622.0M |
| 净利润 | — | $214.2M |
| 毛利率 | 21.7% | — |
| 营业利润率 | 7.8% | 62.4% |
| 净利率 | — | 34.4% |
| 营收同比 | 6.7% | 4.8% |
| 净利润同比 | — | 2.9% |
| 每股收益（稀释后） | $1.14 | $0.49 |
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PHINRPRX
| Q4 25 | $889.0M | $622.0M | ||
| Q3 25 | $908.0M | $609.3M | ||
| Q2 25 | $890.0M | $578.7M | ||
| Q1 25 | $796.0M | $568.2M | ||
| Q4 24 | $833.0M | $593.6M | ||
| Q3 24 | $839.0M | $564.7M | ||
| Q2 24 | $868.0M | $537.3M | ||
| Q1 24 | $863.0M | $568.0M |
净利润PHINRPRX
| Q4 25 | — | $214.2M | ||
| Q3 25 | $13.0M | $288.2M | ||
| Q2 25 | $46.0M | $30.2M | ||
| Q1 25 | $26.0M | $238.3M | ||
| Q4 24 | — | $208.2M | ||
| Q3 24 | $31.0M | $544.0M | ||
| Q2 24 | $14.0M | $102.0M | ||
| Q1 24 | $29.0M | $4.8M |
毛利率PHINRPRX
| Q4 25 | 21.7% | — | ||
| Q3 25 | 22.0% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 22.7% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 21.7% | — | ||
| Q1 24 | 22.2% | — |
营业利润率PHINRPRX
| Q4 25 | 7.8% | 62.4% | ||
| Q3 25 | 3.7% | 70.1% | ||
| Q2 25 | 10.0% | 36.3% | ||
| Q1 25 | 7.8% | 94.0% | ||
| Q4 24 | 6.1% | 60.9% | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 8.2% | 50.2% | ||
| Q1 24 | 8.2% | -13.0% |
净利率PHINRPRX
| Q4 25 | — | 34.4% | ||
| Q3 25 | 1.4% | 47.3% | ||
| Q2 25 | 5.2% | 5.2% | ||
| Q1 25 | 3.3% | 41.9% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | 3.7% | 96.3% | ||
| Q2 24 | 1.6% | 19.0% | ||
| Q1 24 | 3.4% | 0.8% |
每股收益（稀释后）PHINRPRX
| Q4 25 | $1.14 | $0.49 | ||
| Q3 25 | $0.33 | $0.67 | ||
| Q2 25 | $1.14 | $0.07 | ||
| Q1 25 | $0.63 | $0.55 | ||
| Q4 24 | $0.13 | $0.46 | ||
| Q3 24 | $0.70 | $1.21 | ||
| Q2 24 | $0.31 | $0.23 | ||
| Q1 24 | $0.62 | $0.01 |
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 | $359.0M | $618.7M |
| 总债务越低越好 | $970.0M | $9.0B |
| 股东权益账面价值 | $1.6B | $9.7B |
| 总资产 | $3.8B | $19.6B |
| 负债/权益比越低杠杆越低 | 0.61× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资PHINRPRX
| Q4 25 | $359.0M | $618.7M | ||
| Q3 25 | $349.0M | $938.9M | ||
| Q2 25 | $347.0M | $631.9M | ||
| Q1 25 | $373.0M | $1.1B | ||
| Q4 24 | $484.0M | $929.0M | ||
| Q3 24 | $477.0M | $950.1M | ||
| Q2 24 | $339.0M | $1.8B | ||
| Q1 24 | $325.0M | $843.0M |
总债务PHINRPRX
| Q4 25 | $970.0M | $9.0B | ||
| Q3 25 | $990.0M | $8.9B | ||
| Q2 25 | $990.0M | $8.0B | ||
| Q1 25 | $989.0M | $7.6B | ||
| Q4 24 | $988.0M | $7.6B | ||
| Q3 24 | $987.0M | $7.6B | ||
| Q2 24 | $821.0M | $7.6B | ||
| Q1 24 | $706.0M | $6.1B |
股东权益PHINRPRX
| Q4 25 | $1.6B | $9.7B | ||
| Q3 25 | $1.6B | $9.6B | ||
| Q2 25 | $1.6B | $9.5B | ||
| Q1 25 | $1.5B | $9.8B | ||
| Q4 24 | $1.6B | $10.3B | ||
| Q3 24 | $1.7B | $10.3B | ||
| Q2 24 | $1.7B | $9.8B | ||
| Q1 24 | $1.9B | $9.9B |
总资产PHINRPRX
| Q4 25 | $3.8B | $19.6B | ||
| Q3 25 | $4.0B | $19.3B | ||
| Q2 25 | $3.9B | $18.3B | ||
| Q1 25 | $3.7B | $17.6B | ||
| Q4 24 | $3.8B | $18.2B | ||
| Q3 24 | $4.0B | $18.0B | ||
| Q2 24 | $3.9B | $17.7B | ||
| Q1 24 | $4.0B | $16.1B |
负债/权益比PHINRPRX
| Q4 25 | 0.61× | 0.92× | ||
| Q3 25 | 0.62× | 0.93× | ||
| Q2 25 | 0.61× | 0.84× | ||
| Q1 25 | 0.64× | 0.78× | ||
| Q4 24 | 0.63× | 0.74× | ||
| Q3 24 | 0.58× | 0.74× | ||
| Q2 24 | 0.47× | 0.78× | ||
| Q1 24 | 0.38× | 0.62× |
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 | $96.0M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $67.0M | — |
| 自由现金流率自由现金流/营收 | 7.5% | — |
| 资本支出强度资本支出/营收 | 3.3% | — |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | $188.0M | — |
8季度趋势，按日历期对齐
经营现金流PHINRPRX
| Q4 25 | $96.0M | $827.1M | ||
| Q3 25 | $119.0M | $702.6M | ||
| Q2 25 | $57.0M | $364.0M | ||
| Q1 25 | $40.0M | $596.1M | ||
| Q4 24 | $73.0M | $742.5M | ||
| Q3 24 | $95.0M | $703.6M | ||
| Q2 24 | $109.0M | $658.2M | ||
| Q1 24 | $31.0M | $664.6M |
自由现金流PHINRPRX
| Q4 25 | $67.0M | — | ||
| Q3 25 | $93.0M | — | ||
| Q2 25 | $23.0M | — | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $53.0M | — | ||
| Q3 24 | $70.0M | — | ||
| Q2 24 | $92.0M | — | ||
| Q1 24 | $-12.0M | — |
自由现金流率PHINRPRX
| Q4 25 | 7.5% | — | ||
| Q3 25 | 10.2% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 8.3% | — | ||
| Q2 24 | 10.6% | — | ||
| Q1 24 | -1.4% | — |
资本支出强度PHINRPRX
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 5.0% | — |
现金转化率PHINRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | 9.15× | 2.44× | ||
| Q2 25 | 1.24× | 12.06× | ||
| Q1 25 | 1.54× | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | 3.06× | 1.29× | ||
| Q2 24 | 7.79× | 6.45× | ||
| Q1 24 | 1.07× | 139.10× |
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
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
