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Bath & Body Works, Inc.（BBWI）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
Bath & Body Works, Inc.的季度营收约是罗致恒富的1.2倍（$1.6B vs $1.3B），Bath & Body Works, Inc.同比增速更快（-1.0% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $-1.0M），过去两年罗致恒富的营收复合增速更高（-6.1% vs -26.0%）
Bath & Body Works, Inc.是总部位于美国俄亥俄州哥伦布市的特色零售企业，旗下拥有同名身体护理及家居香氛零售品牌Bath & Body Works，2023年营收达74亿美元，在2024年《财富》美国500强榜单中位列第481位。
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。
BBWI vs RHI — 直观对比
营收规模更大
BBWI
是对方的1.2倍
$1.3B
营收增速更快
BBWI
高出4.8%
-5.8%
自由现金流更多
RHI
多$171.8M
$-1.0M
两年增速更快
RHI
近两年复合增速
-26.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.3B |
| 净利润 | $77.0M | — |
| 毛利率 | 41.3% | 37.6% |
| 营业利润率 | 10.1% | 1.7% |
| 净利率 | 4.8% | — |
| 营收同比 | -1.0% | -5.8% |
| 净利润同比 | -27.4% | — |
| 每股收益（稀释后） | $0.37 | $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BBWIRHI
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $2.9B | $1.5B |
净利润BBWIRHI
| Q4 25 | $77.0M | — | ||
| Q3 25 | $64.0M | $42.9M | ||
| Q2 25 | $105.0M | $41.0M | ||
| Q1 25 | $453.0M | $17.4M | ||
| Q4 24 | $106.0M | — | ||
| Q3 24 | $152.0M | $65.5M | ||
| Q2 24 | $87.0M | $68.2M | ||
| Q1 24 | $579.0M | $63.7M |
毛利率BBWIRHI
| Q4 25 | 41.3% | 37.6% | ||
| Q3 25 | 41.3% | 37.2% | ||
| Q2 25 | 45.4% | 37.2% | ||
| Q1 25 | 46.7% | 36.9% | ||
| Q4 24 | 43.5% | 38.8% | ||
| Q3 24 | 41.0% | 39.0% | ||
| Q2 24 | 43.8% | 39.2% | ||
| Q1 24 | 45.9% | 38.1% |
营业利润率BBWIRHI
| Q4 25 | 10.1% | 1.7% | ||
| Q3 25 | 10.1% | 1.0% | ||
| Q2 25 | 14.7% | 0.1% | ||
| Q1 25 | 24.3% | 2.9% | ||
| Q4 24 | 13.5% | 4.7% | ||
| Q3 24 | 12.0% | 4.1% | ||
| Q2 24 | 13.5% | 5.1% | ||
| Q1 24 | 23.9% | 2.8% |
净利率BBWIRHI
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.1% | 3.2% | ||
| Q2 25 | 7.4% | 3.0% | ||
| Q1 25 | 16.3% | 1.3% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 10.0% | 4.5% | ||
| Q2 24 | 6.3% | 4.6% | ||
| Q1 24 | 19.9% | 4.3% |
每股收益（稀释后）BBWIRHI
| Q4 25 | $0.37 | $0.32 | ||
| Q3 25 | $0.30 | $0.43 | ||
| Q2 25 | $0.49 | $0.41 | ||
| Q1 25 | $2.06 | $0.17 | ||
| Q4 24 | $0.49 | $0.53 | ||
| Q3 24 | $0.68 | $0.64 | ||
| Q2 24 | $0.38 | $0.66 | ||
| Q1 24 | $2.54 | $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 | $236.0M | $464.4M |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $-1.6B | $1.3B |
| 总资产 | $5.0B | $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BBWIRHI
| Q4 25 | $236.0M | $464.4M | ||
| Q3 25 | $364.0M | $365.3M | ||
| Q2 25 | $636.0M | $380.5M | ||
| Q1 25 | $674.0M | $342.5M | ||
| Q4 24 | $191.0M | $537.6M | ||
| Q3 24 | $514.0M | $570.5M | ||
| Q2 24 | $855.0M | $547.4M | ||
| Q1 24 | $1.1B | $540.9M |
总债务BBWIRHI
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
股东权益BBWIRHI
| Q4 25 | $-1.6B | $1.3B | ||
| Q3 25 | $-1.5B | $1.3B | ||
| Q2 25 | $-1.5B | $1.3B | ||
| Q1 25 | $-1.4B | $1.3B | ||
| Q4 24 | $-1.7B | $1.4B | ||
| Q3 24 | $-1.7B | $1.5B | ||
| Q2 24 | $-1.7B | $1.5B | ||
| Q1 24 | $-1.6B | $1.5B |
总资产BBWIRHI
| Q4 25 | $5.0B | $2.9B | ||
| Q3 25 | $4.8B | $2.8B | ||
| Q2 25 | $4.9B | $2.8B | ||
| Q1 25 | $4.9B | $2.7B | ||
| Q4 24 | $5.0B | $2.9B | ||
| Q3 24 | $4.9B | $3.0B | ||
| Q2 24 | $5.2B | $2.9B | ||
| Q1 24 | $5.5B | $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 | $80.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $170.8M |
| 自由现金流率自由现金流/营收 | -0.1% | 13.1% |
| 资本支出强度资本支出/营收 | 5.1% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 过去12个月自由现金流最近4个季度 | $946.0M | $266.8M |
8季度趋势，按日历期对齐
经营现金流BBWIRHI
| Q4 25 | $80.0M | $182.5M | ||
| Q3 25 | $-43.0M | $77.4M | ||
| Q2 25 | $188.0M | $119.4M | ||
| Q1 25 | $955.0M | $-59.3M | ||
| Q4 24 | $-99.0M | $154.8M | ||
| Q3 24 | $-46.0M | $129.6M | ||
| Q2 24 | $76.0M | $142.0M | ||
| Q1 24 | $926.0M | $-15.9M |
自由现金流BBWIRHI
| Q4 25 | $-1.0M | $170.8M | ||
| Q3 25 | $-99.0M | $63.6M | ||
| Q2 25 | $151.0M | $104.2M | ||
| Q1 25 | $895.0M | $-71.7M | ||
| Q4 24 | $-164.0M | $140.5M | ||
| Q3 24 | $-101.0M | $111.8M | ||
| Q2 24 | $30.0M | $129.6M | ||
| Q1 24 | $878.0M | $-27.7M |
自由现金流率BBWIRHI
| Q4 25 | -0.1% | 13.1% | ||
| Q3 25 | -6.4% | 4.7% | ||
| Q2 25 | 10.6% | 7.6% | ||
| Q1 25 | 32.1% | -5.3% | ||
| Q4 24 | -10.2% | 10.2% | ||
| Q3 24 | -6.6% | 7.6% | ||
| Q2 24 | 2.2% | 8.8% | ||
| Q1 24 | 30.2% | -1.9% |
资本支出强度BBWIRHI
| Q4 25 | 5.1% | 0.9% | ||
| Q3 25 | 3.6% | 1.0% | ||
| Q2 25 | 2.6% | 1.1% | ||
| Q1 25 | 2.2% | 0.9% | ||
| Q4 24 | 4.0% | 1.0% | ||
| Q3 24 | 3.6% | 1.2% | ||
| Q2 24 | 3.3% | 0.8% | ||
| Q1 24 | 1.6% | 0.8% |
现金转化率BBWIRHI
| Q4 25 | 1.04× | — | ||
| Q3 25 | -0.67× | 1.80× | ||
| Q2 25 | 1.79× | 2.91× | ||
| Q1 25 | 2.11× | -3.42× | ||
| Q4 24 | -0.93× | — | ||
| Q3 24 | -0.30× | 1.98× | ||
| Q2 24 | 0.87× | 2.08× | ||
| Q1 24 | 1.60× | -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
BBWI
| Bath Body Works Stores | $1.2B | 77% |
| Bath Body Works Direct | $299.0M | 19% |
| Bath Body Works International | $73.0M | 5% |
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% |
