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BEAZER HOMES USA INC（BZH）与HOVNANIAN ENTERPRISES INC（HOV）财务数据对比。点击上方公司名可切换其他公司
HOVNANIAN ENTERPRISES INC的季度营收约是BEAZER HOMES USA INC的2.3倍（$817.9M vs $363.5M）。HOVNANIAN ENTERPRISES INC净利率更高（-0.1% vs -9.0%，领先8.9%）。HOVNANIAN ENTERPRISES INC同比增速更快（-16.5% vs -22.5%）。HOVNANIAN ENTERPRISES INC自由现金流更多（$164.0M vs $-170.9M）。过去两年HOVNANIAN ENTERPRISES INC的营收复合增速更高（17.3% vs -18.1%）
比泽尔美国住宅公司是总部位于美国佐治亚州亚特兰大的住宅建筑企业，业务覆盖美国13个州。按竣工交付住宅数量统计，该公司在2016年是美国第十一大住宅建筑商，在美国本土住宅开发建设领域拥有较高的行业地位。
霍夫纳尼安企业是美国知名房地产企业，业务覆盖住宅开发全流程，包含设计、建造与销售，产品线丰富，不仅开发独立独栋住宅，也开发联排别墅、公寓以及养老住宅等高密度居住物业。
BZH vs HOV — 直观对比
营收规模更大
HOV
是对方的2.3倍
$363.5M
营收增速更快
HOV
高出6.0%
-22.5%
净利率更高
HOV
高出8.9%
-9.0%
自由现金流更多
HOV
多$334.8M
$-170.9M
两年增速更快
HOV
近两年复合增速
-18.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $363.5M | $817.9M |
| 净利润 | $-32.6M | $-667.0K |
| 毛利率 | 10.2% | — |
| 营业利润率 | -8.8% | -0.5% |
| 净利率 | -9.0% | -0.1% |
| 营收同比 | -22.5% | -16.5% |
| 净利润同比 | -1141.4% | -100.7% |
| 每股收益（稀释后） | $-1.13 | $-0.57 |
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BZHHOV
| Q4 25 | $363.5M | $817.9M | ||
| Q3 25 | $791.9M | $800.6M | ||
| Q2 25 | $545.4M | $686.5M | ||
| Q1 25 | $565.3M | $673.6M | ||
| Q4 24 | $469.0M | $979.6M | ||
| Q3 24 | $806.2M | $722.7M | ||
| Q2 24 | $595.7M | $708.4M | ||
| Q1 24 | $541.5M | $594.2M |
净利润BZHHOV
| Q4 25 | $-32.6M | $-667.0K | ||
| Q3 25 | $30.0M | $16.6M | ||
| Q2 25 | $-324.0K | $19.7M | ||
| Q1 25 | $12.8M | $28.2M | ||
| Q4 24 | $3.1M | $94.3M | ||
| Q3 24 | $52.1M | $72.9M | ||
| Q2 24 | $27.2M | $50.8M | ||
| Q1 24 | $39.2M | $23.9M |
毛利率BZHHOV
| Q4 25 | 10.2% | — | ||
| Q3 25 | 13.5% | — | ||
| Q2 25 | 13.3% | — | ||
| Q1 25 | 15.2% | — | ||
| Q4 24 | 15.4% | — | ||
| Q3 24 | 17.5% | — | ||
| Q2 24 | 17.3% | — | ||
| Q1 24 | 18.8% | — |
营业利润率BZHHOV
| Q4 25 | -8.8% | -0.5% | ||
| Q3 25 | 3.1% | 3.0% | ||
| Q2 25 | -0.7% | 3.9% | ||
| Q1 25 | 2.4% | 5.9% | ||
| Q4 24 | 0.5% | 12.0% | ||
| Q3 24 | 7.2% | 13.5% | ||
| Q2 24 | 4.8% | 9.8% | ||
| Q1 24 | 6.6% | 5.5% |
净利率BZHHOV
| Q4 25 | -9.0% | -0.1% | ||
| Q3 25 | 3.8% | 2.1% | ||
| Q2 25 | -0.1% | 2.9% | ||
| Q1 25 | 2.3% | 4.2% | ||
| Q4 24 | 0.7% | 9.6% | ||
| Q3 24 | 6.5% | 10.1% | ||
| Q2 24 | 4.6% | 7.2% | ||
| Q1 24 | 7.2% | 4.0% |
每股收益（稀释后）BZHHOV
| Q4 25 | $-1.13 | $-0.57 | ||
| Q3 25 | $1.01 | $1.99 | ||
| Q2 25 | $-0.01 | $2.43 | ||
| Q1 25 | $0.42 | $3.58 | ||
| Q4 24 | $0.10 | $12.47 | ||
| Q3 24 | $1.69 | $9.75 | ||
| Q2 24 | $0.88 | $6.66 | ||
| Q1 24 | $1.26 | $2.91 |
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 | $120.8M | — |
| 总债务越低越好 | — | $900.7M |
| 股东权益账面价值 | $1.2B | $830.9M |
| 总资产 | $2.6B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资BZHHOV
| Q4 25 | $120.8M | — | ||
| Q3 25 | $214.7M | — | ||
| Q2 25 | $82.9M | — | ||
| Q1 25 | $85.1M | — | ||
| Q4 24 | $80.4M | — | ||
| Q3 24 | $203.9M | — | ||
| Q2 24 | $73.2M | — | ||
| Q1 24 | $132.9M | — |
总债务BZHHOV
| Q4 25 | — | $900.7M | ||
| Q3 25 | — | $861.9M | ||
| Q2 25 | — | $864.3M | ||
| Q1 25 | — | $893.7M | ||
| Q4 24 | — | $896.2M | ||
| Q3 24 | — | $898.7M | ||
| Q2 24 | — | $933.0M | ||
| Q1 24 | — | $934.6M |
股东权益BZHHOV
| Q4 25 | $1.2B | $830.9M | ||
| Q3 25 | $1.2B | $835.4M | ||
| Q2 25 | $1.2B | $820.4M | ||
| Q1 25 | $1.2B | $811.4M | ||
| Q4 24 | $1.2B | $800.3M | ||
| Q3 24 | $1.2B | $703.4M | ||
| Q2 24 | $1.2B | $647.0M | ||
| Q1 24 | $1.2B | $607.1M |
总资产BZHHOV
| Q4 25 | $2.6B | $2.6B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.7B | $2.5B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.6B | $2.5B | ||
| Q2 24 | $2.6B | $2.3B | ||
| Q1 24 | $2.5B | $2.3B |
负债/权益比BZHHOV
| Q4 25 | — | 1.08× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.44× | ||
| Q1 24 | — | 1.54× |
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 | $-165.3M | $169.1M |
| 自由现金流经营现金流 - 资本支出 | $-170.9M | $164.0M |
| 自由现金流率自由现金流/营收 | -47.0% | 20.0% |
| 资本支出强度资本支出/营收 | 1.5% | 0.6% |
| 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 | $-2.8M | $166.2M |
8季度趋势，按日历期对齐
经营现金流BZHHOV
| Q4 25 | $-165.3M | $169.1M | ||
| Q3 25 | $250.2M | $52.8M | ||
| Q2 25 | $-62.3M | $22.3M | ||
| Q1 25 | $3.4M | $-55.9M | ||
| Q4 24 | $-159.4M | $115.8M | ||
| Q3 24 | $185.4M | $-92.3M | ||
| Q2 24 | $-83.4M | $89.1M | ||
| Q1 24 | $-14.0M | $-89.0M |
自由现金流BZHHOV
| Q4 25 | $-170.9M | $164.0M | ||
| Q3 25 | $242.7M | $45.8M | ||
| Q2 25 | $-70.2M | $16.0M | ||
| Q1 25 | $-4.4M | $-59.6M | ||
| Q4 24 | $-164.6M | $111.4M | ||
| Q3 24 | $179.8M | $-95.8M | ||
| Q2 24 | $-88.6M | $84.7M | ||
| Q1 24 | $-19.9M | $-94.4M |
自由现金流率BZHHOV
| Q4 25 | -47.0% | 20.0% | ||
| Q3 25 | 30.6% | 5.7% | ||
| Q2 25 | -12.9% | 2.3% | ||
| Q1 25 | -0.8% | -8.8% | ||
| Q4 24 | -35.1% | 11.4% | ||
| Q3 24 | 22.3% | -13.3% | ||
| Q2 24 | -14.9% | 12.0% | ||
| Q1 24 | -3.7% | -15.9% |
资本支出强度BZHHOV
| Q4 25 | 1.5% | 0.6% | ||
| Q3 25 | 0.9% | 0.9% | ||
| Q2 25 | 1.5% | 0.9% | ||
| Q1 25 | 1.4% | 0.5% | ||
| Q4 24 | 1.1% | 0.5% | ||
| Q3 24 | 0.7% | 0.5% | ||
| Q2 24 | 0.9% | 0.6% | ||
| Q1 24 | 1.1% | 0.9% |
现金转化率BZHHOV
| Q4 25 | — | — | ||
| Q3 25 | 8.34× | 3.18× | ||
| Q2 25 | — | 1.13× | ||
| Q1 25 | 0.27× | -1.98× | ||
| Q4 24 | -50.92× | 1.23× | ||
| Q3 24 | 3.56× | -1.27× | ||
| Q2 24 | -3.07× | 1.75× | ||
| Q1 24 | -0.36× | -3.72× |
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
BZH
| West Segment | $223.5M | 61% |
| East Segment | $93.5M | 26% |
| Southeast Segment | $46.5M | 13% |
HOV
| Home Building | $789.8M | 97% |
| Financial Services | $28.1M | 3% |
| Management Fees | $7.1M | 1% |
