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BrightView Holdings, Inc.（BV）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是BrightView Holdings, Inc.的2.0倍（$1.2B vs $614.7M），利氏兄弟拍卖行净利率更高（9.1% vs -2.5%，领先11.6%），利氏兄弟拍卖行同比增速更快（5.4% vs 2.6%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-18.6M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% vs -4.4%）
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
BV vs RBA — 直观对比
营收规模更大
RBA
是对方的2.0倍
$614.7M
营收增速更快
RBA
高出2.8%
2.6%
净利率更高
RBA
高出11.6%
-2.5%
自由现金流更多
RBA
多$205.1M
$-18.6M
两年增速更快
RBA
近两年复合增速
-4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.7M | $1.2B |
| 净利润 | $-15.2M | $109.7M |
| 毛利率 | 18.6% | — |
| 营业利润率 | -1.2% | 14.7% |
| 净利率 | -2.5% | 9.1% |
| 营收同比 | 2.6% | 5.4% |
| 净利润同比 | -46.2% | -7.4% |
| 每股收益（稀释后） | $-0.26 | $0.53 |
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BVRBA
| Q4 25 | $614.7M | $1.2B | ||
| Q3 25 | $702.7M | $1.1B | ||
| Q2 25 | $708.3M | $1.2B | ||
| Q1 25 | $662.6M | $1.1B | ||
| Q4 24 | $599.2M | $1.1B | ||
| Q3 24 | $728.7M | $981.8M | ||
| Q2 24 | $738.8M | $1.1B | ||
| Q1 24 | $672.9M | $1.1B |
净利润BVRBA
| Q4 25 | $-15.2M | $109.7M | ||
| Q3 25 | $27.7M | $95.5M | ||
| Q2 25 | $32.3M | $109.8M | ||
| Q1 25 | $6.4M | $113.4M | ||
| Q4 24 | $-10.4M | $118.5M | ||
| Q3 24 | $25.6M | $76.1M | ||
| Q2 24 | $23.5M | $111.1M | ||
| Q1 24 | $33.7M | $107.4M |
毛利率BVRBA
| Q4 25 | 18.6% | — | ||
| Q3 25 | 25.1% | — | ||
| Q2 25 | 24.1% | — | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 21.2% | — | ||
| Q3 24 | 25.0% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 22.6% | — |
营业利润率BVRBA
| Q4 25 | -1.2% | 14.7% | ||
| Q3 25 | 7.9% | 14.5% | ||
| Q2 25 | 8.1% | 15.9% | ||
| Q1 25 | 3.4% | 17.1% | ||
| Q4 24 | -0.1% | 18.1% | ||
| Q3 24 | 7.1% | 15.6% | ||
| Q2 24 | 6.6% | 18.4% | ||
| Q1 24 | 9.2% | 18.7% |
净利率BVRBA
| Q4 25 | -2.5% | 9.1% | ||
| Q3 25 | 3.9% | 8.7% | ||
| Q2 25 | 4.6% | 9.3% | ||
| Q1 25 | 1.0% | 10.2% | ||
| Q4 24 | -1.7% | 10.4% | ||
| Q3 24 | 3.5% | 7.8% | ||
| Q2 24 | 3.2% | 10.1% | ||
| Q1 24 | 5.0% | 10.1% |
每股收益（稀释后）BVRBA
| Q4 25 | $-0.26 | $0.53 | ||
| Q3 25 | $0.21 | $0.43 | ||
| Q2 25 | $0.15 | $0.53 | ||
| Q1 25 | $-0.03 | $0.55 | ||
| Q4 24 | $-0.20 | $0.58 | ||
| Q3 24 | $0.20 | $0.36 | ||
| Q2 24 | $0.10 | $0.54 | ||
| Q1 24 | $0.17 | $0.53 |
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 | $37.0M | $531.5M |
| 总债务越低越好 | $801.1M | $2.3B |
| 股东权益账面价值 | $1.3B | $5.6B |
| 总资产 | $3.3B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资BVRBA
| Q4 25 | $37.0M | $531.5M | ||
| Q3 25 | $74.5M | $674.7M | ||
| Q2 25 | $79.1M | $710.2M | ||
| Q1 25 | $141.3M | $578.1M | ||
| Q4 24 | $98.3M | $533.9M | ||
| Q3 24 | $140.4M | $650.7M | ||
| Q2 24 | $115.9M | $599.5M | ||
| Q1 24 | $177.3M | $462.8M |
总债务BVRBA
| Q4 25 | $801.1M | $2.3B | ||
| Q3 25 | $790.2M | $2.6B | ||
| Q2 25 | $790.7M | $2.6B | ||
| Q1 25 | $798.9M | $2.6B | ||
| Q4 24 | $796.5M | $2.6B | ||
| Q3 24 | $802.5M | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益BVRBA
| Q4 25 | $1.3B | $5.6B | ||
| Q3 25 | $1.3B | $5.5B | ||
| Q2 25 | $1.3B | $5.5B | ||
| Q1 25 | $1.3B | $5.3B | ||
| Q4 24 | $1.3B | $5.2B | ||
| Q3 24 | $1.3B | $5.2B | ||
| Q2 24 | $1.3B | $5.2B | ||
| Q1 24 | $1.2B | $5.1B |
总资产BVRBA
| Q4 25 | $3.3B | $12.1B | ||
| Q3 25 | $3.4B | $12.2B | ||
| Q2 25 | $3.4B | $12.2B | ||
| Q1 25 | $3.3B | $11.9B | ||
| Q4 24 | $3.3B | $11.8B | ||
| Q3 24 | $3.4B | $11.9B | ||
| Q2 24 | $3.4B | $12.1B | ||
| Q1 24 | $3.4B | $12.0B |
负债/权益比BVRBA
| Q4 25 | 0.64× | 0.42× | ||
| Q3 25 | 0.61× | 0.47× | ||
| Q2 25 | 0.62× | 0.47× | ||
| Q1 25 | 0.63× | 0.50× | ||
| Q4 24 | 0.63× | 0.50× | ||
| Q3 24 | 0.63× | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $36.1M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-18.6M | $186.5M |
| 自由现金流率自由现金流/营收 | -3.0% | 15.5% |
| 资本支出强度资本支出/营收 | 8.9% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $17.2M | $719.2M |
8季度趋势，按日历期对齐
经营现金流BVRBA
| Q4 25 | $36.1M | $255.2M | ||
| Q3 25 | $84.4M | $239.7M | ||
| Q2 25 | $55.7M | $326.5M | ||
| Q1 25 | $91.2M | $156.8M | ||
| Q4 24 | $60.5M | $184.5M | ||
| Q3 24 | $53.5M | $285.4M | ||
| Q2 24 | $42.6M | $337.3M | ||
| Q1 24 | $83.3M | $124.8M |
自由现金流BVRBA
| Q4 25 | $-18.6M | $186.5M | ||
| Q3 25 | $26.0M | $188.5M | ||
| Q2 25 | $-47.8M | $241.7M | ||
| Q1 25 | $57.6M | $102.5M | ||
| Q4 24 | $1.8M | $127.9M | ||
| Q3 24 | $21.1M | $248.5M | ||
| Q2 24 | $19.3M | $308.6M | ||
| Q1 24 | $70.7M | $79.6M |
自由现金流率BVRBA
| Q4 25 | -3.0% | 15.5% | ||
| Q3 25 | 3.7% | 17.3% | ||
| Q2 25 | -6.7% | 20.4% | ||
| Q1 25 | 8.7% | 9.2% | ||
| Q4 24 | 0.3% | 11.2% | ||
| Q3 24 | 2.9% | 25.3% | ||
| Q2 24 | 2.6% | 28.2% | ||
| Q1 24 | 10.5% | 7.5% |
资本支出强度BVRBA
| Q4 25 | 8.9% | 5.7% | ||
| Q3 25 | 8.3% | 4.7% | ||
| Q2 25 | 14.6% | 7.2% | ||
| Q1 25 | 5.1% | 4.9% | ||
| Q4 24 | 9.8% | 5.0% | ||
| Q3 24 | 4.4% | 3.8% | ||
| Q2 24 | 3.2% | 2.6% | ||
| Q1 24 | 1.9% | 4.2% |
现金转化率BVRBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | 3.05× | 2.51× | ||
| Q2 25 | 1.72× | 2.97× | ||
| Q1 25 | 14.25× | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | 2.09× | 3.75× | ||
| Q2 24 | 1.81× | 3.04× | ||
| Q1 24 | 2.47× | 1.16× |
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
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
