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BLACK HILLS CORP（BKH）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BLACK HILLS CORP的季度营收约是BRC Group Holdings, Inc.的1.3倍（$241.6M vs $188.3M），BLACK HILLS CORP净利率更高（55.1% vs 47.9%，领先7.1%），BLACK HILLS CORP同比增速更快（-3.0% vs -21.9%），过去两年BRC Group Holdings, Inc.的营收复合增速更高（-15.4% vs -22.0%）
布莱克山集团是美国多元化能源企业，总部位于南达科他州拉皮德城，名称来源于当地的布莱克山区域。公司主营电力与天然气公用事业，服务覆盖南达科他、蒙大拿、怀俄明、科罗拉多等多个州，电力产品行销整个美国西部地区。
BKH vs RILY — 直观对比
营收规模更大
BKH
是对方的1.3倍
$188.3M
营收增速更快
BKH
高出18.8%
-21.9%
净利率更高
BKH
高出7.1%
47.9%
两年增速更快
RILY
近两年复合增速
-22.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $241.6M | $188.3M |
| 净利润 | $133.1M | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | 83.6% | 32.3% |
| 净利率 | 55.1% | 47.9% |
| 营收同比 | -3.0% | -21.9% |
| 净利润同比 | -2.4% | 1710.8% |
| 每股收益（稀释后） | $1.73 | $2.78 |
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BKHRILY
| Q1 26 | $241.6M | — | ||
| Q4 25 | $622.7M | $188.3M | ||
| Q3 25 | $427.4M | $215.3M | ||
| Q2 25 | $435.7M | $188.2M | ||
| Q1 25 | $800.4M | $197.2M | ||
| Q4 24 | $585.1M | $241.0M | ||
| Q3 24 | $398.6M | $225.5M | ||
| Q2 24 | $397.1M | $256.0M |
净利润BKHRILY
| Q1 26 | $133.1M | — | ||
| Q4 25 | $104.9M | $90.3M | ||
| Q3 25 | $24.9M | $91.1M | ||
| Q2 25 | $27.5M | $139.5M | ||
| Q1 25 | $134.3M | $-10.0M | ||
| Q4 24 | $98.0M | $-5.6M | ||
| Q3 24 | $24.4M | $-284.4M | ||
| Q2 24 | $22.8M | $-433.6M |
毛利率BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% |
营业利润率BKHRILY
| Q1 26 | 83.6% | — | ||
| Q4 25 | 27.5% | 32.3% | ||
| Q3 25 | 18.4% | 30.4% | ||
| Q2 25 | 18.9% | 5.7% | ||
| Q1 25 | 25.6% | -31.2% | ||
| Q4 24 | 27.9% | -69.2% | ||
| Q3 24 | 19.0% | -36.4% | ||
| Q2 24 | 17.8% | -90.8% |
净利率BKHRILY
| Q1 26 | 55.1% | — | ||
| Q4 25 | 16.8% | 47.9% | ||
| Q3 25 | 5.8% | 42.3% | ||
| Q2 25 | 6.3% | 74.1% | ||
| Q1 25 | 16.8% | -5.1% | ||
| Q4 24 | 16.7% | -2.3% | ||
| Q3 24 | 6.1% | -126.1% | ||
| Q2 24 | 5.7% | -169.4% |
每股收益（稀释后）BKHRILY
| Q1 26 | $1.73 | — | ||
| Q4 25 | $1.39 | $2.78 | ||
| Q3 25 | $0.34 | $2.91 | ||
| Q2 25 | $0.38 | $4.50 | ||
| Q1 25 | $1.87 | $-0.39 | ||
| Q4 24 | $1.36 | $-0.01 | ||
| Q3 24 | $0.35 | $-9.39 | ||
| Q2 24 | $0.33 | $-14.35 |
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 | — | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | — | $-171.5M |
| 总资产 | — | $1.7B |
| 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BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | $182.8M | $226.6M | ||
| Q3 25 | $21.1M | $184.2M | ||
| Q2 25 | $8.1M | $267.4M | ||
| Q1 25 | $6.6M | $138.3M | ||
| Q4 24 | $16.1M | $146.9M | ||
| Q3 24 | $12.5M | $159.2M | ||
| Q2 24 | $624.8M | $236.9M |
总债务BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $-171.5M | ||
| Q3 25 | $3.8B | $-260.5M | ||
| Q2 25 | $3.6B | $-351.7M | ||
| Q1 25 | $3.6B | $-496.8M | ||
| Q4 24 | $3.5B | $-488.2M | ||
| Q3 24 | $3.4B | $-497.6M | ||
| Q2 24 | $3.4B | $-218.3M |
总资产BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | $10.9B | $1.7B | ||
| Q3 25 | $10.3B | $1.7B | ||
| Q2 25 | $10.1B | $1.5B | ||
| Q1 25 | $10.1B | $1.5B | ||
| Q4 24 | $10.0B | $1.8B | ||
| Q3 24 | $9.7B | $2.2B | ||
| Q2 24 | $10.2B | $3.2B |
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 | — | $26.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | $168.1M | $26.2M | ||
| Q3 25 | $88.9M | $-60.6M | ||
| Q2 25 | $188.6M | $-25.6M | ||
| Q1 25 | $227.8M | $184.0K | ||
| Q4 24 | $153.2M | $-2.7M | ||
| Q3 24 | $102.1M | $19.5M | ||
| Q2 24 | $230.6M | $111.5M |
自由现金流BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | $-101.5M | — | ||
| Q3 25 | $-89.5M | — | ||
| Q2 25 | $-30.3M | — | ||
| Q1 25 | $74.9M | — | ||
| Q4 24 | $-60.5M | — | ||
| Q3 24 | $-86.0M | — | ||
| Q2 24 | $64.4M | — |
自由现金流率BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | -16.3% | — | ||
| Q3 25 | -20.9% | — | ||
| Q2 25 | -7.0% | — | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | -10.3% | — | ||
| Q3 24 | -21.6% | — | ||
| Q2 24 | 16.2% | — |
资本支出强度BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | 43.3% | — | ||
| Q3 25 | 41.7% | — | ||
| Q2 25 | 50.2% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 36.5% | — | ||
| Q3 24 | 47.2% | — | ||
| Q2 24 | 41.9% | — |
现金转化率BKHRILY
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 0.29× | ||
| Q3 25 | 3.57× | -0.66× | ||
| Q2 25 | 6.86× | -0.18× | ||
| Q1 25 | 1.70× | — | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 4.18× | — | ||
| Q2 24 | 10.11× | — |
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
BKH
暂无分部数据
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
