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Alarm.com Holdings, Inc.（ALRM）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是Alarm.com Holdings, Inc.的1.8倍（$461.6M vs $261.7M），RBC Bearings INC净利率更高（14.6% vs 13.2%，领先1.4%），RBC Bearings INC同比增速更快（17.0% vs 8.0%），RBC Bearings INC自由现金流更多（$99.1M vs $35.1M），过去两年Alarm.com Holdings, Inc.的营收复合增速更高（8.3% vs 5.6%）
Alarm.com Holdings, Inc.是一家美国科技企业，成立于2000年，由微策略公司分拆而来，总部位于弗吉尼亚州泰森斯。公司主营云服务，为用户提供远程控制、智能家居及报警监测相关解决方案，是家庭智能安防领域的重要服务商。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
ALRM vs RBC — 直观对比
营收规模更大
RBC
是对方的1.8倍
$261.7M
营收增速更快
RBC
高出9.0%
8.0%
净利率更高
RBC
高出1.4%
13.2%
自由现金流更多
RBC
多$64.0M
$35.1M
两年增速更快
ALRM
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $461.6M |
| 净利润 | $34.6M | $67.4M |
| 毛利率 | 66.0% | 44.3% |
| 营业利润率 | 13.4% | 22.3% |
| 净利率 | 13.2% | 14.6% |
| 营收同比 | 8.0% | 17.0% |
| 净利润同比 | 14.8% | 16.4% |
| 每股收益（稀释后） | $0.66 | $2.13 |
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ALRMRBC
| Q4 25 | $261.7M | $461.6M | ||
| Q3 25 | $256.4M | $455.3M | ||
| Q2 25 | $254.3M | $436.0M | ||
| Q1 25 | $238.8M | $437.7M | ||
| Q4 24 | $242.2M | $394.4M | ||
| Q3 24 | $240.5M | $397.9M | ||
| Q2 24 | $233.8M | $406.3M | ||
| Q1 24 | $223.3M | $413.7M |
净利润ALRMRBC
| Q4 25 | $34.6M | $67.4M | ||
| Q3 25 | $35.1M | $60.0M | ||
| Q2 25 | $34.2M | $68.5M | ||
| Q1 25 | $27.7M | $72.7M | ||
| Q4 24 | $30.1M | $57.9M | ||
| Q3 24 | $36.7M | $54.2M | ||
| Q2 24 | $33.5M | $61.4M | ||
| Q1 24 | $23.6M | — |
毛利率ALRMRBC
| Q4 25 | 66.0% | 44.3% | ||
| Q3 25 | 65.8% | 44.1% | ||
| Q2 25 | 65.6% | 44.8% | ||
| Q1 25 | 67.2% | 44.2% | ||
| Q4 24 | 65.5% | 44.3% | ||
| Q3 24 | 64.8% | 43.7% | ||
| Q2 24 | 65.2% | 45.3% | ||
| Q1 24 | 65.7% | 43.1% |
营业利润率ALRMRBC
| Q4 25 | 13.4% | 22.3% | ||
| Q3 25 | 14.4% | 21.5% | ||
| Q2 25 | 12.6% | 23.2% | ||
| Q1 25 | 12.4% | 23.0% | ||
| Q4 24 | 12.7% | 21.7% | ||
| Q3 24 | 13.8% | 21.6% | ||
| Q2 24 | 11.0% | 24.0% | ||
| Q1 24 | 8.4% | 22.8% |
净利率ALRMRBC
| Q4 25 | 13.2% | 14.6% | ||
| Q3 25 | 13.7% | 13.2% | ||
| Q2 25 | 13.5% | 15.7% | ||
| Q1 25 | 11.6% | 16.6% | ||
| Q4 24 | 12.4% | 14.7% | ||
| Q3 24 | 15.3% | 13.6% | ||
| Q2 24 | 14.3% | 15.1% | ||
| Q1 24 | 10.6% | — |
每股收益（稀释后）ALRMRBC
| Q4 25 | $0.66 | $2.13 | ||
| Q3 25 | $0.65 | $1.90 | ||
| Q2 25 | $0.63 | $2.17 | ||
| Q1 25 | $0.52 | $2.33 | ||
| Q4 24 | $0.56 | $1.82 | ||
| Q3 24 | $0.67 | $1.65 | ||
| Q2 24 | $0.62 | $1.90 | ||
| Q1 24 | $0.44 | $1.92 |
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 | $960.6M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $848.2M | $3.3B |
| 总资产 | $2.1B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资ALRMRBC
| Q4 25 | $960.6M | $107.6M | ||
| Q3 25 | $1.1B | $91.2M | ||
| Q2 25 | $1.0B | $132.9M | ||
| Q1 25 | $1.2B | $36.8M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | $76.8M | ||
| Q1 24 | $747.9M | $63.5M |
总债务ALRMRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益ALRMRBC
| Q4 25 | $848.2M | $3.3B | ||
| Q3 25 | $827.2M | $3.2B | ||
| Q2 25 | $797.3M | $3.1B | ||
| Q1 25 | $759.6M | $3.0B | ||
| Q4 24 | $726.5M | $2.9B | ||
| Q3 24 | $690.3M | $2.9B | ||
| Q2 24 | $645.5M | $2.8B | ||
| Q1 24 | $728.1M | $2.8B |
总资产ALRMRBC
| Q4 25 | $2.1B | $5.1B | ||
| Q3 25 | $2.1B | $5.1B | ||
| Q2 25 | $2.1B | $4.8B | ||
| Q1 25 | $2.1B | $4.7B | ||
| Q4 24 | $2.0B | $4.7B | ||
| Q3 24 | $2.0B | $4.7B | ||
| Q2 24 | $1.9B | $4.7B | ||
| Q1 24 | $1.5B | $4.7B |
负债/权益比ALRMRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $35.9M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $35.1M | $99.1M |
| 自由现金流率自由现金流/营收 | 13.4% | 21.5% |
| 资本支出强度资本支出/营收 | 0.3% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.04× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $137.0M | — |
8季度趋势，按日历期对齐
经营现金流ALRMRBC
| Q4 25 | $35.9M | $122.1M | ||
| Q3 25 | $70.6M | $88.4M | ||
| Q2 25 | $22.7M | $120.0M | ||
| Q1 25 | $24.1M | — | ||
| Q4 24 | $56.3M | $84.0M | ||
| Q3 24 | $77.3M | — | ||
| Q2 24 | $23.0M | $97.4M | ||
| Q1 24 | $49.9M | — |
自由现金流ALRMRBC
| Q4 25 | $35.1M | $99.1M | ||
| Q3 25 | $65.9M | $71.7M | ||
| Q2 25 | $18.2M | $104.3M | ||
| Q1 25 | $17.9M | — | ||
| Q4 24 | $54.0M | $73.6M | ||
| Q3 24 | $74.5M | — | ||
| Q2 24 | $21.0M | $88.4M | ||
| Q1 24 | $46.8M | — |
自由现金流率ALRMRBC
| Q4 25 | 13.4% | 21.5% | ||
| Q3 25 | 25.7% | 15.7% | ||
| Q2 25 | 7.1% | 23.9% | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 22.3% | 18.7% | ||
| Q3 24 | 31.0% | — | ||
| Q2 24 | 9.0% | 21.8% | ||
| Q1 24 | 21.0% | — |
资本支出强度ALRMRBC
| Q4 25 | 0.3% | 5.0% | ||
| Q3 25 | 1.9% | 3.7% | ||
| Q2 25 | 1.8% | 3.6% | ||
| Q1 25 | 2.6% | 3.2% | ||
| Q4 24 | 0.9% | 2.6% | ||
| Q3 24 | 1.2% | 4.1% | ||
| Q2 24 | 0.9% | 2.2% | ||
| Q1 24 | 1.4% | — |
现金转化率ALRMRBC
| Q4 25 | 1.04× | 1.81× | ||
| Q3 25 | 2.01× | 1.47× | ||
| Q2 25 | 0.66× | 1.75× | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 1.87× | 1.45× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.69× | 1.59× | ||
| Q1 24 | 2.11× | — |
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
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
