vs
BLACK HILLS CORP（BKH）与Rollins, Inc.（ROL）财务数据对比。点击上方公司名可切换其他公司
Rollins, Inc.的季度营收约是BLACK HILLS CORP的1.5倍（$906.4M vs $622.7M），BLACK HILLS CORP净利率更高（16.8% vs 11.9%，领先4.9%），Rollins, Inc.同比增速更快（10.2% vs 6.4%），Rollins, Inc.自由现金流更多（$111.2M vs $-101.5M），过去两年Rollins, Inc.的营收复合增速更高（0.8% vs -6.8%）
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。
Rollins, Inc.是北美知名虫害防治服务商，面向住宅及商业客户提供专业防控服务。公司依托Orkin、HomeTeam Pest Defense等多家全资子公司布局全球业务，覆盖北美、英国等市场，在民用及商用虫害治理领域具备深厚的行业积累与品牌优势。
BKH vs ROL — 直观对比
营收规模更大
ROL
是对方的1.5倍
$622.7M
营收增速更快
ROL
高出3.8%
6.4%
净利率更高
BKH
高出4.9%
11.9%
自由现金流更多
ROL
多$212.7M
$-101.5M
两年增速更快
ROL
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $622.7M | $906.4M |
| 净利润 | $104.9M | $107.8M |
| 毛利率 | — | — |
| 营业利润率 | 27.5% | 16.1% |
| 净利率 | 16.8% | 11.9% |
| 营收同比 | 6.4% | 10.2% |
| 净利润同比 | 7.0% | 2.5% |
| 每股收益（稀释后） | $1.39 | $0.22 |
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BKHROL
| Q1 26 | — | $906.4M | ||
| Q4 25 | $622.7M | $912.9M | ||
| Q3 25 | $427.4M | $1.0B | ||
| Q2 25 | $435.7M | $999.5M | ||
| Q1 25 | $800.4M | $822.5M | ||
| Q4 24 | $585.1M | $832.2M | ||
| Q3 24 | $398.6M | $916.3M | ||
| Q2 24 | $397.1M | $891.9M |
净利润BKHROL
| Q1 26 | — | $107.8M | ||
| Q4 25 | $104.9M | $116.4M | ||
| Q3 25 | $24.9M | $163.5M | ||
| Q2 25 | $27.5M | $141.5M | ||
| Q1 25 | $134.3M | $105.2M | ||
| Q4 24 | $98.0M | $105.7M | ||
| Q3 24 | $24.4M | $136.9M | ||
| Q2 24 | $22.8M | $129.4M |
营业利润率BKHROL
| Q1 26 | — | 16.1% | ||
| Q4 25 | 27.5% | 17.5% | ||
| Q3 25 | 18.4% | 21.9% | ||
| Q2 25 | 18.9% | 19.8% | ||
| Q1 25 | 25.6% | 17.3% | ||
| Q4 24 | 27.9% | 18.1% | ||
| Q3 24 | 19.0% | 20.9% | ||
| Q2 24 | 17.8% | 20.4% |
净利率BKHROL
| Q1 26 | — | 11.9% | ||
| Q4 25 | 16.8% | 12.8% | ||
| Q3 25 | 5.8% | 15.9% | ||
| Q2 25 | 6.3% | 14.2% | ||
| Q1 25 | 16.8% | 12.8% | ||
| Q4 24 | 16.7% | 12.7% | ||
| Q3 24 | 6.1% | 14.9% | ||
| Q2 24 | 5.7% | 14.5% |
每股收益（稀释后）BKHROL
| Q1 26 | — | $0.22 | ||
| Q4 25 | $1.39 | $0.24 | ||
| Q3 25 | $0.34 | $0.34 | ||
| Q2 25 | $0.38 | $0.29 | ||
| Q1 25 | $1.87 | $0.22 | ||
| Q4 24 | $1.36 | $0.22 | ||
| Q3 24 | $0.35 | $0.28 | ||
| Q2 24 | $0.33 | $0.27 |
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 | $182.8M | $116.5M |
| 总债务越低越好 | — | $650.6M |
| 股东权益账面价值 | $3.8B | $1.4B |
| 总资产 | $10.9B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资BKHROL
| Q1 26 | — | $116.5M | ||
| Q4 25 | $182.8M | $100.0M | ||
| Q3 25 | $21.1M | $127.4M | ||
| Q2 25 | $8.1M | $123.0M | ||
| Q1 25 | $6.6M | $201.2M | ||
| Q4 24 | $16.1M | $89.6M | ||
| Q3 24 | $12.5M | $95.3M | ||
| Q2 24 | $624.8M | $106.7M |
总债务BKHROL
| Q1 26 | — | $650.6M | ||
| Q4 25 | — | $486.1M | ||
| Q3 25 | — | $485.7M | ||
| Q2 25 | — | $485.3M | ||
| Q1 25 | — | $485.5M | ||
| Q4 24 | — | $395.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BKHROL
| Q1 26 | — | $1.4B | ||
| Q4 25 | $3.8B | $1.4B | ||
| Q3 25 | $3.8B | $1.5B | ||
| Q2 25 | $3.6B | $1.4B | ||
| Q1 25 | $3.6B | $1.4B | ||
| Q4 24 | $3.5B | $1.3B | ||
| Q3 24 | $3.4B | $1.3B | ||
| Q2 24 | $3.4B | $1.2B |
总资产BKHROL
| Q1 26 | — | $3.2B | ||
| Q4 25 | $10.9B | $3.1B | ||
| Q3 25 | $10.3B | $3.2B | ||
| Q2 25 | $10.1B | $3.2B | ||
| Q1 25 | $10.1B | $2.9B | ||
| Q4 24 | $10.0B | $2.8B | ||
| Q3 24 | $9.7B | $2.8B | ||
| Q2 24 | $10.2B | $2.8B |
负债/权益比BKHROL
| Q1 26 | — | 0.47× | ||
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | — | 0.30× | ||
| Q3 24 | — | — | ||
| Q2 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 | $168.1M | $118.4M |
| 自由现金流经营现金流 - 资本支出 | $-101.5M | $111.2M |
| 自由现金流率自由现金流/营收 | -16.3% | 12.3% |
| 资本支出强度资本支出/营收 | 43.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.60× | 1.10× |
| 过去12个月自由现金流最近4个季度 | $-146.4M | $621.1M |
8季度趋势，按日历期对齐
经营现金流BKHROL
| Q1 26 | — | $118.4M | ||
| Q4 25 | $168.1M | $164.7M | ||
| Q3 25 | $88.9M | $191.3M | ||
| Q2 25 | $188.6M | $175.1M | ||
| Q1 25 | $227.8M | $146.9M | ||
| Q4 24 | $153.2M | $188.2M | ||
| Q3 24 | $102.1M | $146.9M | ||
| Q2 24 | $230.6M | $145.1M |
自由现金流BKHROL
| Q1 26 | — | $111.2M | ||
| Q4 25 | $-101.5M | $159.0M | ||
| Q3 25 | $-89.5M | $182.8M | ||
| Q2 25 | $-30.3M | $168.0M | ||
| Q1 25 | $74.9M | $140.1M | ||
| Q4 24 | $-60.5M | $184.0M | ||
| Q3 24 | $-86.0M | $139.4M | ||
| Q2 24 | $64.4M | $136.4M |
自由现金流率BKHROL
| Q1 26 | — | 12.3% | ||
| Q4 25 | -16.3% | 17.4% | ||
| Q3 25 | -20.9% | 17.8% | ||
| Q2 25 | -7.0% | 16.8% | ||
| Q1 25 | 9.4% | 17.0% | ||
| Q4 24 | -10.3% | 22.1% | ||
| Q3 24 | -21.6% | 15.2% | ||
| Q2 24 | 16.2% | 15.3% |
资本支出强度BKHROL
| Q1 26 | — | 0.8% | ||
| Q4 25 | 43.3% | 0.6% | ||
| Q3 25 | 41.7% | 0.8% | ||
| Q2 25 | 50.2% | 0.7% | ||
| Q1 25 | 19.1% | 0.8% | ||
| Q4 24 | 36.5% | 0.5% | ||
| Q3 24 | 47.2% | 0.8% | ||
| Q2 24 | 41.9% | 1.0% |
现金转化率BKHROL
| Q1 26 | — | 1.10× | ||
| Q4 25 | 1.60× | 1.41× | ||
| Q3 25 | 3.57× | 1.17× | ||
| Q2 25 | 6.86× | 1.24× | ||
| Q1 25 | 1.70× | 1.40× | ||
| Q4 24 | 1.56× | 1.78× | ||
| Q3 24 | 4.18× | 1.07× | ||
| Q2 24 | 10.11× | 1.12× |
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
| Gas Utilities | $391.1M | 63% |
| Retail Electric Natural Gasand Coal | $189.7M | 30% |
| Other | $15.3M | 2% |
| Market Off System Sales | $13.6M | 2% |
| Transferred At Point In Time | $8.9M | 1% |
| Wholesale | $4.9M | 1% |
| Inter Segment Revenues | $2.4M | 0% |
ROL
暂无分部数据
