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科慕（CC）与Dream Finders Homes, Inc.（DFH）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是Dream Finders Homes, Inc.的1.1倍（$1.3B vs $1.2B），Dream Finders Homes, Inc.净利率更高（4.8% vs -3.5%，领先8.4%），科慕同比增速更快（-2.1% vs -22.3%），Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $92.0M），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs -1.2%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
美国住宅建筑商Dream Finders Homes主要建造并销售独栋住宅、联排别墅等覆盖入门级到高端档次的居住物业，业务布局美国多个高速增长区域，同时为购房者提供按揭融资、产权保险、房屋保修等配套服务，覆盖各类客户群体。
CC vs DFH — 直观对比
营收规模更大
CC
是对方的1.1倍
$1.2B
营收增速更快
CC
高出20.2%
-22.3%
净利率更高
DFH
高出8.4%
-3.5%
自由现金流更多
DFH
多$44.0M
$92.0M
两年增速更快
DFH
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $-47.0M | $58.8M |
| 毛利率 | 11.7% | — |
| 营业利润率 | — | 6.4% |
| 净利率 | -3.5% | 4.8% |
| 营收同比 | -2.1% | -22.3% |
| 净利润同比 | -261.5% | -54.9% |
| 每股收益（稀释后） | $-0.32 | $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CCDFH
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.5B | $969.8M | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.4B | $989.9M | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.4B | $827.8M |
净利润CCDFH
| Q4 25 | $-47.0M | $58.8M | ||
| Q3 25 | $46.0M | $47.0M | ||
| Q2 25 | $-380.0M | $56.6M | ||
| Q1 25 | $-5.0M | $54.9M | ||
| Q4 24 | $-13.0M | $130.5M | ||
| Q3 24 | $-32.0M | $70.7M | ||
| Q2 24 | $60.0M | $80.9M | ||
| Q1 24 | $54.0M | $54.5M |
毛利率CCDFH
| Q4 25 | 11.7% | — | ||
| Q3 25 | 15.6% | — | ||
| Q2 25 | 17.2% | — | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 19.8% | 19.2% | ||
| Q1 24 | 20.9% | 18.0% |
营业利润率CCDFH
| Q4 25 | — | 6.4% | ||
| Q3 25 | 2.5% | 6.3% | ||
| Q2 25 | -15.4% | 6.4% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | -0.1% | 10.8% | ||
| Q3 24 | -2.1% | 9.2% | ||
| Q2 24 | 4.4% | 10.0% | ||
| Q1 24 | 5.1% | 8.6% |
净利率CCDFH
| Q4 25 | -3.5% | 4.8% | ||
| Q3 25 | 3.1% | 4.8% | ||
| Q2 25 | -23.5% | 4.9% | ||
| Q1 25 | -0.4% | 5.5% | ||
| Q4 24 | -1.0% | 8.4% | ||
| Q3 24 | -2.1% | 7.0% | ||
| Q2 24 | 3.9% | 7.7% | ||
| Q1 24 | 4.0% | 6.6% |
每股收益（稀释后）CCDFH
| Q4 25 | $-0.32 | $0.57 | ||
| Q3 25 | $0.31 | $0.47 | ||
| Q2 25 | $-2.53 | $0.56 | ||
| Q1 25 | $-0.03 | $0.54 | ||
| Q4 24 | $-0.07 | $1.28 | ||
| Q3 24 | $-0.22 | $0.70 | ||
| Q2 24 | $0.39 | $0.81 | ||
| Q1 24 | $0.36 | $0.55 |
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 | $670.0M | $234.8M |
| 总债务越低越好 | $4.1B | $1.6B |
| 股东权益账面价值 | $250.0M | $1.4B |
| 总资产 | $7.4B | $3.7B |
| 负债/权益比越低杠杆越低 | 16.40× | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资CCDFH
| Q4 25 | $670.0M | $234.8M | ||
| Q3 25 | $613.0M | $251.0M | ||
| Q2 25 | $502.0M | $210.3M | ||
| Q1 25 | $464.0M | $297.5M | ||
| Q4 24 | $713.0M | $274.4M | ||
| Q3 24 | $596.0M | $204.9M | ||
| Q2 24 | $604.0M | $274.8M | ||
| Q1 24 | $746.0M | $239.4M |
总债务CCDFH
| Q4 25 | $4.1B | $1.6B | ||
| Q3 25 | $4.1B | $1.8B | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | $1.3B | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $4.0B | — |
股东权益CCDFH
| Q4 25 | $250.0M | $1.4B | ||
| Q3 25 | $274.0M | $1.4B | ||
| Q2 25 | $228.0M | $1.3B | ||
| Q1 25 | $566.0M | $1.3B | ||
| Q4 24 | $571.0M | $1.2B | ||
| Q3 24 | $643.0M | $1.1B | ||
| Q2 24 | $714.0M | $1.0B | ||
| Q1 24 | $753.0M | $968.7M |
总资产CCDFH
| Q4 25 | $7.4B | $3.7B | ||
| Q3 25 | $7.5B | $3.8B | ||
| Q2 25 | $7.5B | $3.7B | ||
| Q1 25 | $7.4B | $3.5B | ||
| Q4 24 | $7.5B | $3.3B | ||
| Q3 24 | $7.5B | $3.3B | ||
| Q2 24 | $7.2B | $3.0B | ||
| Q1 24 | $8.0B | $2.7B |
负债/权益比CCDFH
| Q4 25 | 16.40× | 1.13× | ||
| Q3 25 | 14.96× | 1.29× | ||
| Q2 25 | 17.99× | — | ||
| Q1 25 | 7.18× | — | ||
| Q4 24 | 7.11× | 1.03× | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 5.53× | — | ||
| Q1 24 | 5.27× | — |
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 | $137.0M | $143.6M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $136.0M |
| 自由现金流率自由现金流/营收 | 6.9% | 11.2% |
| 资本支出强度资本支出/营收 | 3.4% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $-126.4M |
8季度趋势，按日历期对齐
经营现金流CCDFH
| Q4 25 | $137.0M | $143.6M | ||
| Q3 25 | $146.0M | $-131.0M | ||
| Q2 25 | $93.0M | $-68.5M | ||
| Q1 25 | $-112.0M | $-44.7M | ||
| Q4 24 | $138.0M | $306.5M | ||
| Q3 24 | $139.0M | $-205.0M | ||
| Q2 24 | $-620.0M | $-110.6M | ||
| Q1 24 | $-290.0M | $-247.5M |
自由现金流CCDFH
| Q4 25 | $92.0M | $136.0M | ||
| Q3 25 | $105.0M | $-135.7M | ||
| Q2 25 | $50.0M | $-78.8M | ||
| Q1 25 | $-196.0M | $-47.9M | ||
| Q4 24 | $29.0M | $302.6M | ||
| Q3 24 | $63.0M | $-222.5M | ||
| Q2 24 | $-693.0M | $-112.4M | ||
| Q1 24 | $-392.0M | $-249.6M |
自由现金流率CCDFH
| Q4 25 | 6.9% | 11.2% | ||
| Q3 25 | 7.0% | -14.0% | ||
| Q2 25 | 3.1% | -6.8% | ||
| Q1 25 | -14.3% | -4.8% | ||
| Q4 24 | 2.1% | 19.4% | ||
| Q3 24 | 4.2% | -22.1% | ||
| Q2 24 | -44.6% | -10.6% | ||
| Q1 24 | -28.8% | -30.2% |
资本支出强度CCDFH
| Q4 25 | 3.4% | 0.6% | ||
| Q3 25 | 2.7% | 0.5% | ||
| Q2 25 | 2.7% | 0.9% | ||
| Q1 25 | 6.1% | 0.3% | ||
| Q4 24 | 8.0% | 0.3% | ||
| Q3 24 | 5.0% | 1.7% | ||
| Q2 24 | 4.7% | 0.2% | ||
| Q1 24 | 7.5% | 0.3% |
现金转化率CCDFH
| Q4 25 | — | 2.44× | ||
| Q3 25 | 3.17× | -2.79× | ||
| Q2 25 | — | -1.21× | ||
| Q1 25 | — | -0.81× | ||
| Q4 24 | — | 2.35× | ||
| Q3 24 | — | -2.90× | ||
| Q2 24 | -10.33× | -1.37× | ||
| Q1 24 | -5.37× | -4.54× |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
