vs
Alexander & Baldwin, Inc.（ALEX）与弗雷斯特研究公司（FORR）财务数据对比。点击上方公司名可切换其他公司
弗雷斯特研究公司的季度营收约是Alexander & Baldwin, Inc.的2.0倍（$101.1M vs $51.0M），Alexander & Baldwin, Inc.净利率更高（7.4% vs -33.5%，领先40.9%），弗雷斯特研究公司同比增速更快（-6.5% vs -18.4%），Alexander & Baldwin, Inc.自由现金流更多（$27.3M vs $-4.3M），过去两年弗雷斯特研究公司的营收复合增速更高（0.5% vs -8.7%）
亚历山大-鲍德温公司是一家美国企业，曾是夏威夷领地时期五大财团之一，也是五大财团中最晚停止甘蔗种植的企业。目前公司主营房地产开发、土地运营以及建材与建筑业务，截至2020年，该公司是夏威夷最大的私人土地持有者之一，在当地拥有超2.8万英亩土地，运营着36处收益性物业。
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
ALEX vs FORR — 直观对比
营收规模更大
FORR
是对方的2.0倍
$51.0M
营收增速更快
FORR
高出11.9%
-18.4%
净利率更高
ALEX
高出40.9%
-33.5%
自由现金流更多
ALEX
多$31.6M
$-4.3M
两年增速更快
FORR
近两年复合增速
-8.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $101.1M |
| 净利润 | $3.8M | $-33.9M |
| 毛利率 | — | 56.7% |
| 营业利润率 | 17.1% | -36.6% |
| 净利率 | 7.4% | -33.5% |
| 营收同比 | -18.4% | -6.5% |
| 净利润同比 | -69.7% | -7941.4% |
| 每股收益（稀释后） | $0.05 | $-1.75 |
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ALEXFORR
| Q4 25 | $51.0M | $101.1M | ||
| Q3 25 | $50.2M | $94.3M | ||
| Q2 25 | $51.7M | $111.7M | ||
| Q1 25 | $53.7M | $89.9M | ||
| Q4 24 | $62.4M | $108.0M | ||
| Q3 24 | $61.9M | $102.5M | ||
| Q2 24 | $51.0M | $121.8M | ||
| Q1 24 | $61.2M | $100.1M |
净利润ALEXFORR
| Q4 25 | $3.8M | $-33.9M | ||
| Q3 25 | $14.3M | $-2.1M | ||
| Q2 25 | $25.1M | $3.9M | ||
| Q1 25 | $21.4M | $-87.3M | ||
| Q4 24 | $12.4M | $432.0K | ||
| Q3 24 | $19.0M | $-5.8M | ||
| Q2 24 | $9.1M | $6.3M | ||
| Q1 24 | $20.0M | $-6.7M |
毛利率ALEXFORR
| Q4 25 | — | 56.7% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 55.5% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 60.5% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 54.9% |
营业利润率ALEXFORR
| Q4 25 | 17.1% | -36.6% | ||
| Q3 25 | 38.2% | 4.7% | ||
| Q2 25 | 54.4% | 6.2% | ||
| Q1 25 | 44.6% | -97.5% | ||
| Q4 24 | 28.3% | -0.5% | ||
| Q3 24 | 35.6% | -0.7% | ||
| Q2 24 | 31.8% | 9.3% | ||
| Q1 24 | 38.9% | -9.3% |
净利率ALEXFORR
| Q4 25 | 7.4% | -33.5% | ||
| Q3 25 | 28.5% | -2.3% | ||
| Q2 25 | 48.6% | 3.5% | ||
| Q1 25 | 39.9% | -97.1% | ||
| Q4 24 | 19.9% | 0.4% | ||
| Q3 24 | 30.7% | -5.7% | ||
| Q2 24 | 17.8% | 5.2% | ||
| Q1 24 | 32.6% | -6.7% |
每股收益（稀释后）ALEXFORR
| Q4 25 | $0.05 | $-1.75 | ||
| Q3 25 | $0.20 | $-0.11 | ||
| Q2 25 | $0.35 | $0.20 | ||
| Q1 25 | $0.29 | $-4.62 | ||
| Q4 24 | $0.16 | $0.02 | ||
| Q3 24 | $0.26 | $-0.30 | ||
| Q2 24 | $0.13 | $0.33 | ||
| Q1 24 | $0.28 | $-0.35 |
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 | $11.3M | $63.3M |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $126.5M |
| 总资产 | $1.7B | $404.0M |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资ALEXFORR
| Q4 25 | $11.3M | $63.3M | ||
| Q3 25 | $17.3M | $65.1M | ||
| Q2 25 | $8.6M | $67.8M | ||
| Q1 25 | $16.9M | $75.6M | ||
| Q4 24 | $33.4M | $56.1M | ||
| Q3 24 | $17.9M | $62.8M | ||
| Q2 24 | $29.5M | $58.9M | ||
| Q1 24 | $15.7M | $61.4M |
总债务ALEXFORR
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXFORR
| Q4 25 | $987.2M | $126.5M | ||
| Q3 25 | $1.0B | $157.7M | ||
| Q2 25 | $1.0B | $159.5M | ||
| Q1 25 | $1.0B | $147.4M | ||
| Q4 24 | $1.0B | $229.5M | ||
| Q3 24 | $998.2M | $234.3M | ||
| Q2 24 | $1.0B | $237.1M | ||
| Q1 24 | $1.0B | $230.9M |
总资产ALEXFORR
| Q4 25 | $1.7B | $404.0M | ||
| Q3 25 | $1.7B | $414.2M | ||
| Q2 25 | $1.6B | $436.0M | ||
| Q1 25 | $1.6B | $439.8M | ||
| Q4 24 | $1.7B | $503.9M | ||
| Q3 24 | $1.7B | $505.3M | ||
| Q2 24 | $1.6B | $524.2M | ||
| Q1 24 | $1.6B | $555.7M |
负债/权益比ALEXFORR
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $79.5M | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | $27.3M | $-4.3M |
| 自由现金流率自由现金流/营收 | 53.5% | -4.2% |
| 资本支出强度资本支出/营收 | 102.4% | 1.1% |
| 现金转化率经营现金流/净利润 | 21.06× | — |
| 过去12个月自由现金流最近4个季度 | $57.2M | $18.1M |
8季度趋势，按日历期对齐
经营现金流ALEXFORR
| Q4 25 | $79.5M | $-3.2M | ||
| Q3 25 | $24.5M | $1.2M | ||
| Q2 25 | $16.5M | $-3.6M | ||
| Q1 25 | $26.0M | $26.7M | ||
| Q4 24 | $98.0M | $-1.8M | ||
| Q3 24 | $35.3M | $264.0K | ||
| Q2 24 | $22.3M | $-2.9M | ||
| Q1 24 | $16.1M | $611.0K |
自由现金流ALEXFORR
| Q4 25 | $27.3M | $-4.3M | ||
| Q3 25 | $-3.7M | $524.0K | ||
| Q2 25 | $11.8M | $-4.2M | ||
| Q1 25 | $21.8M | $26.1M | ||
| Q4 24 | $77.0M | $-2.5M | ||
| Q3 24 | $31.4M | $-223.0K | ||
| Q2 24 | $18.0M | $-3.7M | ||
| Q1 24 | $12.3M | $-815.0K |
自由现金流率ALEXFORR
| Q4 25 | 53.5% | -4.2% | ||
| Q3 25 | -7.4% | 0.6% | ||
| Q2 25 | 22.8% | -3.8% | ||
| Q1 25 | 40.6% | 29.0% | ||
| Q4 24 | 123.4% | -2.3% | ||
| Q3 24 | 50.8% | -0.2% | ||
| Q2 24 | 35.3% | -3.1% | ||
| Q1 24 | 20.1% | -0.8% |
资本支出强度ALEXFORR
| Q4 25 | 102.4% | 1.1% | ||
| Q3 25 | 56.1% | 0.7% | ||
| Q2 25 | 9.1% | 0.5% | ||
| Q1 25 | 7.8% | 0.7% | ||
| Q4 24 | 33.5% | 0.6% | ||
| Q3 24 | 6.2% | 0.5% | ||
| Q2 24 | 8.4% | 0.7% | ||
| Q1 24 | 6.1% | 1.4% |
现金转化率ALEXFORR
| Q4 25 | 21.06× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 0.66× | -0.93× | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 7.88× | -4.24× | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.45× | -0.46× | ||
| Q1 24 | 0.80× | — |
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
ALEX
暂无分部数据
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
