vs
奔特力系统（BSY）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是奔特力系统的1.2倍（$461.6M vs $391.6M），奔特力系统净利率更高（15.0% vs 14.6%，领先0.4%），RBC Bearings INC同比增速更快（17.0% vs 11.9%），奔特力系统自由现金流更多（$136.2M vs $99.1M），过去两年奔特力系统的营收复合增速更高（7.7% vs 5.6%）
奔特力系统是总部位于美国的软件开发企业，面向全球基础设施的设计、建造及运营全周期，提供软件产品授权、销售及相关技术支持服务。旗下产品覆盖建筑、工厂、土木、地理空间等领域，广泛应用于建筑工程施工及运营场景，支撑各类大型建成资产的全生命周期管理。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
BSY vs RBC — 直观对比
营收规模更大
RBC
是对方的1.2倍
$391.6M
营收增速更快
RBC
高出5.1%
11.9%
净利率更高
BSY
高出0.4%
14.6%
自由现金流更多
BSY
多$37.1M
$99.1M
两年增速更快
BSY
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $391.6M | $461.6M |
| 净利润 | $58.6M | $67.4M |
| 毛利率 | 81.9% | 44.3% |
| 营业利润率 | 20.0% | 22.3% |
| 净利率 | 15.0% | 14.6% |
| 营收同比 | 11.9% | 17.0% |
| 净利润同比 | 17.1% | 16.4% |
| 每股收益（稀释后） | $0.17 | $2.13 |
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BSYRBC
| Q4 25 | $391.6M | $461.6M | ||
| Q3 25 | $375.5M | $455.3M | ||
| Q2 25 | $364.1M | $436.0M | ||
| Q1 25 | $370.5M | $437.7M | ||
| Q4 24 | $349.8M | $394.4M | ||
| Q3 24 | $335.2M | $397.9M | ||
| Q2 24 | $330.3M | $406.3M | ||
| Q1 24 | $337.8M | $413.7M |
净利润BSYRBC
| Q4 25 | $58.6M | $67.4M | ||
| Q3 25 | $57.4M | $60.0M | ||
| Q2 25 | $70.5M | $68.5M | ||
| Q1 25 | $91.4M | $72.7M | ||
| Q4 24 | $50.1M | $57.9M | ||
| Q3 24 | $42.3M | $54.2M | ||
| Q2 24 | $72.0M | $61.4M | ||
| Q1 24 | $70.3M | — |
毛利率BSYRBC
| Q4 25 | 81.9% | 44.3% | ||
| Q3 25 | 80.8% | 44.1% | ||
| Q2 25 | 81.1% | 44.8% | ||
| Q1 25 | 82.3% | 44.2% | ||
| Q4 24 | 80.6% | 44.3% | ||
| Q3 24 | 80.7% | 43.7% | ||
| Q2 24 | 80.9% | 45.3% | ||
| Q1 24 | 81.7% | 43.1% |
营业利润率BSYRBC
| Q4 25 | 20.0% | 22.3% | ||
| Q3 25 | 22.5% | 21.5% | ||
| Q2 25 | 23.2% | 23.2% | ||
| Q1 25 | 31.1% | 23.0% | ||
| Q4 24 | 17.6% | 21.7% | ||
| Q3 24 | 20.5% | 21.6% | ||
| Q2 24 | 24.3% | 24.0% | ||
| Q1 24 | 27.2% | 22.8% |
净利率BSYRBC
| Q4 25 | 15.0% | 14.6% | ||
| Q3 25 | 15.3% | 13.2% | ||
| Q2 25 | 19.4% | 15.7% | ||
| Q1 25 | 24.7% | 16.6% | ||
| Q4 24 | 14.3% | 14.7% | ||
| Q3 24 | 12.6% | 13.6% | ||
| Q2 24 | 21.8% | 15.1% | ||
| Q1 24 | 20.8% | — |
每股收益（稀释后）BSYRBC
| Q4 25 | $0.17 | $2.13 | ||
| Q3 25 | $0.18 | $1.90 | ||
| Q2 25 | $0.22 | $2.17 | ||
| Q1 25 | $0.28 | $2.33 | ||
| Q4 24 | $0.15 | $1.82 | ||
| Q3 24 | $0.13 | $1.65 | ||
| Q2 24 | $0.22 | $1.90 | ||
| Q1 24 | $0.22 | $1.92 |
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 | $123.3M | $107.6M |
| 总债务越低越好 | $1.2B | $990.2M |
| 股东权益账面价值 | $1.2B | $3.3B |
| 总资产 | $3.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.05× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资BSYRBC
| Q4 25 | $123.3M | $107.6M | ||
| Q3 25 | $165.4M | $91.2M | ||
| Q2 25 | $89.6M | $132.9M | ||
| Q1 25 | $83.6M | $36.8M | ||
| Q4 24 | $64.0M | — | ||
| Q3 24 | $72.2M | — | ||
| Q2 24 | $51.3M | $76.8M | ||
| Q1 24 | $141.6M | $63.5M |
总债务BSYRBC
| Q4 25 | $1.2B | $990.2M | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $915.6M | ||
| Q1 25 | $1.2B | $920.1M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | $1.2B |
股东权益BSYRBC
| Q4 25 | $1.2B | $3.3B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $1.0B | $2.9B | ||
| Q2 24 | $984.5M | $2.8B | ||
| Q1 24 | $932.6M | $2.8B |
总资产BSYRBC
| Q4 25 | $3.6B | $5.1B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.4B | $4.8B | ||
| Q1 25 | $3.4B | $4.7B | ||
| Q4 24 | $3.4B | $4.7B | ||
| Q3 24 | $3.4B | $4.7B | ||
| Q2 24 | $3.3B | $4.7B | ||
| Q1 24 | $3.4B | $4.7B |
负债/权益比BSYRBC
| Q4 25 | 1.05× | 0.30× | ||
| Q3 25 | 1.04× | 0.34× | ||
| Q2 25 | 1.07× | 0.29× | ||
| Q1 25 | 1.13× | 0.30× | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.54× | 0.43× |
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 | $141.6M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $136.2M | $99.1M |
| 自由现金流率自由现金流/营收 | 34.8% | 21.5% |
| 资本支出强度资本支出/营收 | 1.4% | 5.0% |
| 现金转化率经营现金流/净利润 | 2.41× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $520.2M | — |
8季度趋势，按日历期对齐
经营现金流BSYRBC
| Q4 25 | $141.6M | $122.1M | ||
| Q3 25 | $116.4M | $88.4M | ||
| Q2 25 | $61.1M | $120.0M | ||
| Q1 25 | $219.4M | — | ||
| Q4 24 | $81.6M | $84.0M | ||
| Q3 24 | $86.1M | — | ||
| Q2 24 | $62.6M | $97.4M | ||
| Q1 24 | $205.0M | — |
自由现金流BSYRBC
| Q4 25 | $136.2M | $99.1M | ||
| Q3 25 | $110.7M | $71.7M | ||
| Q2 25 | $57.0M | $104.3M | ||
| Q1 25 | $216.4M | — | ||
| Q4 24 | $76.1M | $73.6M | ||
| Q3 24 | $84.3M | — | ||
| Q2 24 | $59.5M | $88.4M | ||
| Q1 24 | $201.4M | — |
自由现金流率BSYRBC
| Q4 25 | 34.8% | 21.5% | ||
| Q3 25 | 29.5% | 15.7% | ||
| Q2 25 | 15.7% | 23.9% | ||
| Q1 25 | 58.4% | — | ||
| Q4 24 | 21.7% | 18.7% | ||
| Q3 24 | 25.1% | — | ||
| Q2 24 | 18.0% | 21.8% | ||
| Q1 24 | 59.6% | — |
资本支出强度BSYRBC
| Q4 25 | 1.4% | 5.0% | ||
| Q3 25 | 1.5% | 3.7% | ||
| Q2 25 | 1.1% | 3.6% | ||
| Q1 25 | 0.8% | 3.2% | ||
| Q4 24 | 1.6% | 2.6% | ||
| Q3 24 | 0.5% | 4.1% | ||
| Q2 24 | 0.9% | 2.2% | ||
| Q1 24 | 1.1% | — |
现金转化率BSYRBC
| Q4 25 | 2.41× | 1.81× | ||
| Q3 25 | 2.03× | 1.47× | ||
| Q2 25 | 0.87× | 1.75× | ||
| Q1 25 | 2.40× | — | ||
| Q4 24 | 1.63× | 1.45× | ||
| Q3 24 | 2.03× | — | ||
| Q2 24 | 0.87× | 1.59× | ||
| Q1 24 | 2.92× | — |
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
BSY
| Enterprise License Subscriptions | $163.4M | 42% |
| Term License Subscriptions | $122.7M | 31% |
| SELECT Subscriptions | $70.6M | 18% |
| Professional Services Other | $17.2M | 4% |
| Perpetual Licenses | $14.3M | 4% |
| Professional Services Recurring | $3.5M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
