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布鲁克菲尔德资产管理（BAM）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是布鲁克菲尔德资产管理的1.2倍（$1.3B vs $1.1B）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
BAM vs RHI — 直观对比
营收规模更大
RHI
是对方的1.2倍
$1.1B
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.3B |
| 净利润 | $615.0M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 84.2% | 1.7% |
| 净利率 | 56.7% | — |
| 营收同比 | — | -5.8% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $0.32 |
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BAMRHI
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $974.0M | $1.4B | ||
| Q2 25 | $931.0M | $1.4B | ||
| Q1 25 | $954.0M | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $873.0M | $1.5B | ||
| Q2 24 | $821.0M | $1.5B | ||
| Q1 24 | $786.0M | $1.5B |
净利润BAMRHI
| Q4 25 | $615.0M | — | ||
| Q3 25 | $692.0M | $42.9M | ||
| Q2 25 | $584.0M | $41.0M | ||
| Q1 25 | $507.0M | $17.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $537.0M | $65.5M | ||
| Q2 24 | $124.0M | $68.2M | ||
| Q1 24 | $373.0M | $63.7M |
毛利率BAMRHI
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 39.0% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 38.1% |
营业利润率BAMRHI
| Q4 25 | 84.2% | 1.7% | ||
| Q3 25 | 79.1% | 1.0% | ||
| Q2 25 | 70.8% | 0.1% | ||
| Q1 25 | 61.0% | 2.9% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | 72.5% | 4.1% | ||
| Q2 24 | 80.4% | 5.1% | ||
| Q1 24 | 56.5% | 2.8% |
净利率BAMRHI
| Q4 25 | 56.7% | — | ||
| Q3 25 | 71.0% | 3.2% | ||
| Q2 25 | 62.7% | 3.0% | ||
| Q1 25 | 53.1% | 1.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 61.5% | 4.5% | ||
| Q2 24 | 15.1% | 4.6% | ||
| Q1 24 | 47.5% | 4.3% |
每股收益（稀释后）BAMRHI
| Q4 25 | — | $0.32 | ||
| Q3 25 | — | $0.43 | ||
| Q2 25 | — | $0.41 | ||
| Q1 25 | — | $0.17 | ||
| Q4 24 | — | $0.53 | ||
| Q3 24 | — | $0.64 | ||
| Q2 24 | — | $0.66 | ||
| Q1 24 | — | $0.61 |
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 | $1.6B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.9B | $1.3B |
| 总资产 | $17.0B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BAMRHI
| Q4 25 | $1.6B | $464.4M | ||
| Q3 25 | $1.1B | $365.3M | ||
| Q2 25 | $480.0M | $380.5M | ||
| Q1 25 | $332.0M | $342.5M | ||
| Q4 24 | — | $537.6M | ||
| Q3 24 | — | $570.5M | ||
| Q2 24 | $10.0M | $547.4M | ||
| Q1 24 | — | $540.9M |
股东权益BAMRHI
| Q4 25 | $8.9B | $1.3B | ||
| Q3 25 | $8.5B | $1.3B | ||
| Q2 25 | $8.5B | $1.3B | ||
| Q1 25 | $8.5B | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $9.0B | $1.5B | ||
| Q2 24 | $3.2B | $1.5B | ||
| Q1 24 | $2.2B | $1.5B |
总资产BAMRHI
| Q4 25 | $17.0B | $2.9B | ||
| Q3 25 | $16.5B | $2.8B | ||
| Q2 25 | $16.1B | $2.8B | ||
| Q1 25 | $15.0B | $2.7B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | $4.2B | $2.9B | ||
| Q1 24 | — | $2.9B |
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 | $562.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | — | $170.8M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | 0.91× | — |
| 过去12个月自由现金流最近4个季度 | — | $266.8M |
8季度趋势，按日历期对齐
经营现金流BAMRHI
| Q4 25 | $562.0M | $182.5M | ||
| Q3 25 | $745.0M | $77.4M | ||
| Q2 25 | $529.0M | $119.4M | ||
| Q1 25 | $265.0M | $-59.3M | ||
| Q4 24 | — | $154.8M | ||
| Q3 24 | $567.0M | $129.6M | ||
| Q2 24 | $159.0M | $142.0M | ||
| Q1 24 | $516.0M | $-15.9M |
自由现金流BAMRHI
| Q4 25 | — | $170.8M | ||
| Q3 25 | — | $63.6M | ||
| Q2 25 | — | $104.2M | ||
| Q1 25 | — | $-71.7M | ||
| Q4 24 | — | $140.5M | ||
| Q3 24 | — | $111.8M | ||
| Q2 24 | — | $129.6M | ||
| Q1 24 | — | $-27.7M |
自由现金流率BAMRHI
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | -1.9% |
资本支出强度BAMRHI
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.8% |
现金转化率BAMRHI
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | 1.80× | ||
| Q2 25 | 0.91× | 2.91× | ||
| Q1 25 | 0.52× | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | 1.98× | ||
| Q2 24 | 1.28× | 2.08× | ||
| Q1 24 | 1.38× | -0.25× |
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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
