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DMC Global Inc.（BOOM）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Rocket Lab Corp的季度营收约是DMC Global Inc.的1.3倍（$179.7M vs $143.5M），DMC Global Inc.净利率更高（-7.8% vs -29.5%，领先21.7%），Rocket Lab Corp同比增速更快（35.7% vs -5.8%），DMC Global Inc.自由现金流更多（$9.6M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -7.3%）
DMC Global Inc.旗下DMC采矿服务是成立于1980年的采矿服务承包商，业务覆盖加拿大、美国、智利以及蒙古，为矿区开发与运营提供专业相关工程服务，是全球范围内颇具规模的专业采矿服务商。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
BOOM vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.3倍
$143.5M
营收增速更快
RKLB
高出41.5%
-5.8%
净利率更高
BOOM
高出21.7%
-29.5%
自由现金流更多
BOOM
多$123.8M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-7.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $179.7M |
| 净利润 | $-11.2M | $-52.9M |
| 毛利率 | 17.1% | 38.0% |
| 营业利润率 | -7.8% | -28.4% |
| 净利率 | -7.8% | -29.5% |
| 营收同比 | -5.8% | 35.7% |
| 净利润同比 | -3871.6% | -1.1% |
| 每股收益（稀释后） | $-0.60 | $-0.09 |
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BOOMRKLB
| Q4 25 | $143.5M | $179.7M | ||
| Q3 25 | $151.5M | $155.1M | ||
| Q2 25 | $155.5M | $144.5M | ||
| Q1 25 | $159.3M | $122.6M | ||
| Q4 24 | $152.4M | $132.4M | ||
| Q3 24 | $152.4M | $104.8M | ||
| Q2 24 | $171.2M | $106.3M | ||
| Q1 24 | $166.9M | $92.8M |
净利润BOOMRKLB
| Q4 25 | $-11.2M | $-52.9M | ||
| Q3 25 | $-3.1M | $-18.3M | ||
| Q2 25 | $116.0K | $-66.4M | ||
| Q1 25 | $677.0K | $-60.6M | ||
| Q4 24 | $296.0K | $-52.3M | ||
| Q3 24 | $-101.3M | $-51.9M | ||
| Q2 24 | $4.0M | $-41.6M | ||
| Q1 24 | $2.6M | $-44.3M |
毛利率BOOMRKLB
| Q4 25 | 17.1% | 38.0% | ||
| Q3 25 | 21.7% | 37.0% | ||
| Q2 25 | 23.6% | 32.1% | ||
| Q1 25 | 25.9% | 28.8% | ||
| Q4 24 | 20.8% | 27.8% | ||
| Q3 24 | 19.8% | 26.7% | ||
| Q2 24 | 27.1% | 25.6% | ||
| Q1 24 | 25.4% | 26.1% |
营业利润率BOOMRKLB
| Q4 25 | -7.8% | -28.4% | ||
| Q3 25 | 0.4% | -38.0% | ||
| Q2 25 | 2.5% | -41.3% | ||
| Q1 25 | 4.1% | -48.3% | ||
| Q4 24 | -0.5% | -38.9% | ||
| Q3 24 | -97.7% | -49.5% | ||
| Q2 24 | 6.8% | -40.7% | ||
| Q1 24 | 4.0% | -46.4% |
净利率BOOMRKLB
| Q4 25 | -7.8% | -29.5% | ||
| Q3 25 | -2.0% | -11.8% | ||
| Q2 25 | 0.1% | -46.0% | ||
| Q1 25 | 0.4% | -49.5% | ||
| Q4 24 | 0.2% | -39.5% | ||
| Q3 24 | -66.5% | -49.6% | ||
| Q2 24 | 2.3% | -39.2% | ||
| Q1 24 | 1.5% | -47.7% |
每股收益（稀释后）BOOMRKLB
| Q4 25 | $-0.60 | $-0.09 | ||
| Q3 25 | $-0.10 | $-0.03 | ||
| Q2 25 | $-0.24 | $-0.13 | ||
| Q1 25 | $0.04 | $-0.12 | ||
| Q4 24 | $-0.18 | $-0.11 | ||
| Q3 24 | $-8.27 | $-0.10 | ||
| Q2 24 | $0.24 | $-0.08 | ||
| Q1 24 | $0.01 | $-0.09 |
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 | $31.9M | $1.0B |
| 总债务越低越好 | $50.6M | $152.4M |
| 股东权益账面价值 | $242.1M | $1.7B |
| 总资产 | $635.8M | $2.3B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资BOOMRKLB
| Q4 25 | $31.9M | $1.0B | ||
| Q3 25 | $26.4M | $976.7M | ||
| Q2 25 | $12.4M | $688.1M | ||
| Q1 25 | $14.7M | $428.4M | ||
| Q4 24 | $14.3M | $419.0M | ||
| Q3 24 | $14.5M | $442.4M | ||
| Q2 24 | $14.6M | $496.8M | ||
| Q1 24 | $20.4M | $492.5M |
总债务BOOMRKLB
| Q4 25 | $50.6M | $152.4M | ||
| Q3 25 | $56.5M | $347.0M | ||
| Q2 25 | $58.7M | $346.5M | ||
| Q1 25 | $72.4M | $345.9M | ||
| Q4 24 | $70.8M | $345.4M | ||
| Q3 24 | $74.2M | $61.2M | ||
| Q2 24 | $84.1M | $64.2M | ||
| Q1 24 | $88.0M | $66.8M |
股东权益BOOMRKLB
| Q4 25 | $242.1M | $1.7B | ||
| Q3 25 | $253.0M | $1.3B | ||
| Q2 25 | $253.9M | $688.5M | ||
| Q1 25 | $253.9M | $431.3M | ||
| Q4 24 | $251.0M | $382.5M | ||
| Q3 24 | $256.5M | $419.8M | ||
| Q2 24 | $416.0M | $455.2M | ||
| Q1 24 | $409.9M | $478.9M |
总资产BOOMRKLB
| Q4 25 | $635.8M | $2.3B | ||
| Q3 25 | $644.1M | $2.2B | ||
| Q2 25 | $645.0M | $1.6B | ||
| Q1 25 | $670.6M | $1.3B | ||
| Q4 24 | $671.3M | $1.2B | ||
| Q3 24 | $702.0M | $1.2B | ||
| Q2 24 | $869.5M | $1.2B | ||
| Q1 24 | $860.0M | $1.2B |
负债/权益比BOOMRKLB
| Q4 25 | 0.21× | 0.09× | ||
| Q3 25 | 0.22× | 0.27× | ||
| Q2 25 | 0.23× | 0.50× | ||
| Q1 25 | 0.29× | 0.80× | ||
| Q4 24 | 0.28× | 0.90× | ||
| Q3 24 | 0.29× | 0.15× | ||
| Q2 24 | 0.20× | 0.14× | ||
| Q1 24 | 0.21× | 0.14× |
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 | $15.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $9.6M | $-114.2M |
| 自由现金流率自由现金流/营收 | 6.7% | -63.6% |
| 资本支出强度资本支出/营收 | 3.9% | 27.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $37.0M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流BOOMRKLB
| Q4 25 | $15.2M | $-64.5M | ||
| Q3 25 | $18.6M | $-23.5M | ||
| Q2 25 | $15.2M | $-23.2M | ||
| Q1 25 | $4.5M | $-54.2M | ||
| Q4 24 | $11.8M | $-2.4M | ||
| Q3 24 | $19.0M | $-30.9M | ||
| Q2 24 | $2.3M | $-13.0M | ||
| Q1 24 | $13.4M | $-2.6M |
自由现金流BOOMRKLB
| Q4 25 | $9.6M | $-114.2M | ||
| Q3 25 | $14.4M | $-69.4M | ||
| Q2 25 | $12.3M | $-55.3M | ||
| Q1 25 | $709.0K | $-82.9M | ||
| Q4 24 | $6.1M | $-23.9M | ||
| Q3 24 | $12.9M | $-41.9M | ||
| Q2 24 | $-204.0K | $-28.3M | ||
| Q1 24 | $10.5M | $-21.8M |
自由现金流率BOOMRKLB
| Q4 25 | 6.7% | -63.6% | ||
| Q3 25 | 9.5% | -44.8% | ||
| Q2 25 | 7.9% | -38.3% | ||
| Q1 25 | 0.4% | -67.6% | ||
| Q4 24 | 4.0% | -18.1% | ||
| Q3 24 | 8.5% | -40.0% | ||
| Q2 24 | -0.1% | -26.7% | ||
| Q1 24 | 6.3% | -23.5% |
资本支出强度BOOMRKLB
| Q4 25 | 3.9% | 27.6% | ||
| Q3 25 | 2.8% | 29.6% | ||
| Q2 25 | 1.9% | 22.2% | ||
| Q1 25 | 2.4% | 23.4% | ||
| Q4 24 | 3.7% | 16.3% | ||
| Q3 24 | 4.0% | 10.5% | ||
| Q2 24 | 1.5% | 14.4% | ||
| Q1 24 | 1.8% | 20.7% |
现金转化率BOOMRKLB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 131.43× | — | ||
| Q1 25 | 6.63× | — | ||
| Q4 24 | 39.90× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.58× | — | ||
| Q1 24 | 5.24× | — |
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
BOOM
| Dyna Energetics Segment | $68.9M | 48% |
| Other | $57.0M | 40% |
| Nobel Clad Segment | $17.7M | 12% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
