Combination of factor analysis and logistic regression analysis can improve the efficiency of the financial early warning. This article studied the early warning model of the financial failure for the listed company. The authors prepared 14 variables and selected 8 more effective original variables from them, and then main factors were derived using factor analysis methods. After introducing the four main factors into the logistic regression model as the independent variables, the authors established the early warning model of the financial failure by way of logistic regression analysis. Meanwhile, the author explained the model coefficients, and checked the efficiency of the model. At last, the authors drew beneficial conclusions.