vs
biote Corp.（BTMD）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
biote Corp.的季度营收约是REDWOOD TRUST INC的1.8倍（$46.4M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs 4.2%，领先73.0%），REDWOOD TRUST INC同比增速更快（-6.1% vs -6.9%），过去两年biote Corp.的营收复合增速更高（-0.4% vs -41.0%）
biote Corp是一家专注于个性化生物同质性激素替代疗法的医疗企业，主要面向美国市场运营，为持牌医疗从业者提供相关培训课程，同时推出配套健康补剂与诊断服务，以提升患者诊疗效果。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
BTMD vs RWT — 直观对比
营收规模更大
BTMD
是对方的1.8倍
$25.9M
营收增速更快
RWT
高出0.8%
-6.9%
净利率更高
RWT
高出73.0%
4.2%
两年增速更快
BTMD
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.4M | $25.9M |
| 净利润 | $2.0M | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | 14.7% | — |
| 净利率 | 4.2% | 77.2% |
| 营收同比 | -6.9% | -6.1% |
| 净利润同比 | -47.2% | 402.6% |
| 每股收益（稀释后） | $0.05 | $0.11 |
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BTMDRWT
| Q4 25 | $46.4M | $25.9M | ||
| Q3 25 | $48.0M | $15.0M | ||
| Q2 25 | $48.9M | $13.8M | ||
| Q1 25 | $49.0M | $27.9M | ||
| Q4 24 | $49.8M | $27.6M | ||
| Q3 24 | $51.4M | $25.5M | ||
| Q2 24 | $49.2M | $67.4M | ||
| Q1 24 | $46.8M | $74.5M |
净利润BTMDRWT
| Q4 25 | $2.0M | $20.0M | ||
| Q3 25 | $8.2M | $-7.7M | ||
| Q2 25 | $3.2M | $-98.5M | ||
| Q1 25 | $13.7M | $16.1M | ||
| Q4 24 | $3.7M | $-6.6M | ||
| Q3 24 | $10.7M | $14.8M | ||
| Q2 24 | $-7.1M | $15.5M | ||
| Q1 24 | $-4.2M | $30.3M |
营业利润率BTMDRWT
| Q4 25 | 14.7% | — | ||
| Q3 25 | 17.2% | -9.0% | ||
| Q2 25 | 22.0% | -679.0% | ||
| Q1 25 | 19.8% | 80.2% | ||
| Q4 24 | 5.6% | -1.3% | ||
| Q3 24 | 23.7% | 86.1% | ||
| Q2 24 | 12.7% | 30.3% | ||
| Q1 24 | 22.3% | 41.3% |
净利率BTMDRWT
| Q4 25 | 4.2% | 77.2% | ||
| Q3 25 | 17.1% | -51.4% | ||
| Q2 25 | 6.5% | -712.0% | ||
| Q1 25 | 28.0% | 57.8% | ||
| Q4 24 | 7.4% | -24.0% | ||
| Q3 24 | 20.8% | 58.1% | ||
| Q2 24 | -14.4% | 23.0% | ||
| Q1 24 | -8.9% | 40.6% |
每股收益（稀释后）BTMDRWT
| Q4 25 | $0.05 | $0.11 | ||
| Q3 25 | $0.22 | $-0.08 | ||
| Q2 25 | $0.10 | $-0.76 | ||
| Q1 25 | $0.37 | $0.10 | ||
| Q4 24 | $0.09 | $-0.08 | ||
| Q3 24 | $0.33 | $0.09 | ||
| Q2 24 | $-0.21 | $0.10 | ||
| Q1 24 | $-0.12 | $0.21 |
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 | $24.1M | $255.7M |
| 总债务越低越好 | $103.1M | — |
| 股东权益账面价值 | $-58.5M | $982.6M |
| 总资产 | $107.6M | $23.7B |
| 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BTMDRWT
| Q4 25 | $24.1M | $255.7M | ||
| Q3 25 | $28.0M | $226.3M | ||
| Q2 25 | $19.6M | $302.0M | ||
| Q1 25 | $41.7M | $259.9M | ||
| Q4 24 | $39.3M | $245.2M | ||
| Q3 24 | $38.2M | $253.7M | ||
| Q2 24 | $26.4M | $275.6M | ||
| Q1 24 | $78.8M | $275.4M |
总债务BTMDRWT
| Q4 25 | $103.1M | — | ||
| Q3 25 | $104.7M | — | ||
| Q2 25 | $106.3M | — | ||
| Q1 25 | $107.8M | — | ||
| Q4 24 | $109.4M | — | ||
| Q3 24 | $110.9M | — | ||
| Q2 24 | $112.5M | — | ||
| Q1 24 | $114.1M | $1.7B |
股东权益BTMDRWT
| Q4 25 | $-58.5M | $982.6M | ||
| Q3 25 | $-72.8M | $999.0M | ||
| Q2 25 | $-85.1M | $1.1B | ||
| Q1 25 | $-90.0M | $1.2B | ||
| Q4 24 | $-105.9M | $1.2B | ||
| Q3 24 | $-130.3M | $1.2B | ||
| Q2 24 | $-143.2M | $1.2B | ||
| Q1 24 | $-36.0M | $1.2B |
总资产BTMDRWT
| Q4 25 | $107.6M | $23.7B | ||
| Q3 25 | $111.3M | $22.6B | ||
| Q2 25 | $104.8M | $21.3B | ||
| Q1 25 | $123.4M | $19.9B | ||
| Q4 24 | $122.4M | $18.3B | ||
| Q3 24 | $101.3M | $18.4B | ||
| Q2 24 | $92.9M | $16.5B | ||
| Q1 24 | $160.1M | $15.1B |
负债/权益比BTMDRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $7.6M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $6.5M | — |
| 自由现金流率自由现金流/营收 | 14.0% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | 3.87× | -504.15× |
| 过去12个月自由现金流最近4个季度 | $30.2M | — |
8季度趋势，按日历期对齐
经营现金流BTMDRWT
| Q4 25 | $7.6M | $-10.1B | ||
| Q3 25 | $14.1M | $-2.7B | ||
| Q2 25 | $7.1M | $-2.1B | ||
| Q1 25 | $6.5M | $-2.0B | ||
| Q4 24 | $12.4M | $-5.9B | ||
| Q3 24 | $15.6M | $-2.1B | ||
| Q2 24 | $9.9M | $-2.0B | ||
| Q1 24 | $7.4M | $-954.2M |
自由现金流BTMDRWT
| Q4 25 | $6.5M | — | ||
| Q3 25 | $13.6M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $4.8M | — | ||
| Q4 24 | $10.7M | — | ||
| Q3 24 | $14.0M | — | ||
| Q2 24 | $7.4M | — | ||
| Q1 24 | $6.7M | — |
自由现金流率BTMDRWT
| Q4 25 | 14.0% | — | ||
| Q3 25 | 28.3% | — | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 15.1% | — | ||
| Q1 24 | 14.2% | — |
资本支出强度BTMDRWT
| Q4 25 | 2.3% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 5.1% | — | ||
| Q1 24 | 1.5% | — |
现金转化率BTMDRWT
| Q4 25 | 3.87× | -504.15× | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 0.47× | -120.92× | ||
| Q4 24 | 3.34× | — | ||
| Q3 24 | 1.45× | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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
BTMD
| Product Revenue | $45.3M | 98% |
| Disposable Trocars Product Revenue | $1.2M | 3% |
RWT
暂无分部数据
