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富兰克林邓普顿（BEN）与高德纳（IT）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是高德纳的1.3倍（$2.3B vs $1.8B），高德纳净利率更高（13.8% vs 11.0%，领先2.8%），富兰克林邓普顿同比增速更快（3.4% vs 2.2%），过去两年高德纳的营收复合增速更高（9.1% vs 4.0%）
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
高德纳是美国专注于商业与科技领域的研究咨询机构，服务客户覆盖大型企业、政府机构、科技公司、投资机构等群体，通过输出研究报告、举办行业峰会、提供定制咨询等形式，为客户决策提供权威专业的洞见支撑。
BEN vs IT — 直观对比
营收规模更大
BEN
是对方的1.3倍
$1.8B
营收增速更快
BEN
高出1.2%
2.2%
净利率更高
IT
高出2.8%
11.0%
两年增速更快
IT
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.8B |
| 净利润 | $255.5M | $242.2M |
| 毛利率 | — | 67.8% |
| 营业利润率 | 12.1% | 19.1% |
| 净利率 | 11.0% | 13.8% |
| 营收同比 | 3.4% | 2.2% |
| 净利润同比 | 56.2% | -39.2% |
| 每股收益（稀释后） | $0.46 | $3.36 |
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BENIT
| Q4 25 | $2.3B | $1.8B | ||
| Q3 25 | $2.3B | $1.5B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.1B | $1.5B | ||
| Q4 24 | $2.3B | $1.7B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $2.1B | $1.6B | ||
| Q1 24 | $2.2B | $1.5B |
净利润BENIT
| Q4 25 | $255.5M | $242.2M | ||
| Q3 25 | $117.6M | $35.4M | ||
| Q2 25 | $92.3M | $240.8M | ||
| Q1 25 | $151.4M | $210.9M | ||
| Q4 24 | $163.6M | $398.6M | ||
| Q3 24 | $-84.7M | $415.0M | ||
| Q2 24 | $174.0M | $229.5M | ||
| Q1 24 | $124.2M | $210.5M |
毛利率BENIT
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 69.3% | ||
| Q2 25 | — | 68.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 68.4% | ||
| Q2 24 | — | 68.6% | ||
| Q1 24 | — | 69.4% |
营业利润率BENIT
| Q4 25 | 12.1% | 19.1% | ||
| Q3 25 | 3.6% | 5.7% | ||
| Q2 25 | 7.5% | 19.4% | ||
| Q1 25 | 6.9% | 18.1% | ||
| Q4 24 | 9.7% | 18.5% | ||
| Q3 24 | -6.8% | 16.6% | ||
| Q2 24 | 10.5% | 20.0% | ||
| Q1 24 | 6.0% | 18.6% |
净利率BENIT
| Q4 25 | 11.0% | 13.8% | ||
| Q3 25 | 5.0% | 2.3% | ||
| Q2 25 | 4.5% | 14.3% | ||
| Q1 25 | 7.2% | 13.7% | ||
| Q4 24 | 7.3% | 23.2% | ||
| Q3 24 | -3.8% | 28.0% | ||
| Q2 24 | 8.2% | 14.4% | ||
| Q1 24 | 5.8% | 14.3% |
每股收益（稀释后）BENIT
| Q4 25 | $0.46 | $3.36 | ||
| Q3 25 | $0.21 | $0.47 | ||
| Q2 25 | $0.15 | $3.11 | ||
| Q1 25 | $0.26 | $2.71 | ||
| Q4 24 | $0.29 | $5.08 | ||
| Q3 24 | $-0.20 | $5.32 | ||
| Q2 24 | $0.32 | $2.93 | ||
| Q1 24 | $0.23 | $2.67 |
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 | — | $1.7B |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $12.1B | $319.9M |
| 总资产 | $32.5B | $8.1B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资BENIT
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总债务BENIT
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.0B | — |
股东权益BENIT
| Q4 25 | $12.1B | $319.9M | ||
| Q3 25 | $12.1B | $556.6M | ||
| Q2 25 | $12.2B | $1.5B | ||
| Q1 25 | $12.3B | $1.5B | ||
| Q4 24 | $12.5B | $1.4B | ||
| Q3 24 | $12.5B | $1.1B | ||
| Q2 24 | $12.9B | $646.7M | ||
| Q1 24 | $12.9B | $718.2M |
总资产BENIT
| Q4 25 | $32.5B | $8.1B | ||
| Q3 25 | $32.4B | $7.2B | ||
| Q2 25 | $32.6B | $8.3B | ||
| Q1 25 | $32.0B | $8.5B | ||
| Q4 24 | $32.4B | $8.5B | ||
| Q3 24 | $32.5B | $7.8B | ||
| Q2 24 | $33.3B | $7.4B | ||
| Q1 24 | $32.9B | $7.7B |
负债/权益比BENIT
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | 0.22× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.24× | — |
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 | $-255.1M | $294.5M |
| 自由现金流经营现金流 - 资本支出 | — | $270.7M |
| 自由现金流率自由现金流/营收 | — | 15.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | -1.00× | 1.22× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流BENIT
| Q4 25 | $-255.1M | $294.5M | ||
| Q3 25 | $-20.7M | $298.7M | ||
| Q2 25 | $1.3B | $383.6M | ||
| Q1 25 | $-50.1M | $313.5M | ||
| Q4 24 | $-145.2M | $335.4M | ||
| Q3 24 | $558.2M | $590.8M | ||
| Q2 24 | $528.4M | $370.0M | ||
| Q1 24 | $136.6M | $188.8M |
自由现金流BENIT
| Q4 25 | — | $270.7M | ||
| Q3 25 | $-51.9M | $269.3M | ||
| Q2 25 | $1.3B | $347.3M | ||
| Q1 25 | $-87.6M | $287.9M | ||
| Q4 24 | $-217.0M | $311.4M | ||
| Q3 24 | $488.4M | $565.0M | ||
| Q2 24 | $482.3M | $340.6M | ||
| Q1 24 | $94.9M | $166.2M |
自由现金流率BENIT
| Q4 25 | — | 15.4% | ||
| Q3 25 | -2.2% | 17.7% | ||
| Q2 25 | 61.4% | 20.6% | ||
| Q1 25 | -4.1% | 18.8% | ||
| Q4 24 | -9.6% | 18.2% | ||
| Q3 24 | 22.1% | 38.1% | ||
| Q2 24 | 22.7% | 21.4% | ||
| Q1 24 | 4.4% | 11.3% |
资本支出强度BENIT
| Q4 25 | — | 1.4% | ||
| Q3 25 | 1.3% | 1.9% | ||
| Q2 25 | 0.7% | 2.1% | ||
| Q1 25 | 1.8% | 1.7% | ||
| Q4 24 | 3.2% | 1.4% | ||
| Q3 24 | 3.2% | 1.7% | ||
| Q2 24 | 2.2% | 1.8% | ||
| Q1 24 | 1.9% | 1.5% |
现金转化率BENIT
| Q4 25 | -1.00× | 1.22× | ||
| Q3 25 | -0.18× | 8.45× | ||
| Q2 25 | 13.89× | 1.59× | ||
| Q1 25 | -0.33× | 1.49× | ||
| Q4 24 | -0.89× | 0.84× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 3.04× | 1.61× | ||
| Q1 24 | 1.10× | 0.90× |
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
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
IT
| Transferred Over Time | $1.3B | 73% |
| Conferences | $286.2M | 16% |
| Consulting | $133.6M | 8% |
| Other | $52.3M | 3% |
