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科慕（CC）与Taylor Morrison Home Corp（TMHC）财务数据对比。点击上方公司名可切换其他公司
Taylor Morrison Home Corp的季度营收约是科慕的1.0倍（$1.4B vs $1.3B），Taylor Morrison Home Corp净利率更高（7.1% vs -3.5%，领先10.6%），科慕同比增速更快（-2.1% vs -26.8%），过去两年科慕的营收复合增速更高（-1.2% vs -16.5%）
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。
泰勒莫里森住房公司是美国规模最大的住宅建筑商之一，总部位于亚利桑那州斯科茨代尔，2007年7月由泰勒伍德罗与莫里森住房合并成立。公司业务覆盖亚利桑那、加利福尼亚、得克萨斯等十余个州，产品涵盖首次置业、中端及中高端住宅，可满足不同层级客户的住房需求。
CC vs TMHC — 直观对比
营收规模更大
TMHC
是对方的1.0倍
$1.3B
营收增速更快
CC
高出24.8%
-26.8%
净利率更高
TMHC
高出10.6%
-3.5%
两年增速更快
CC
近两年复合增速
-16.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $-47.0M | $98.6M |
| 毛利率 | 11.7% | 21.0% |
| 营业利润率 | — | — |
| 净利率 | -3.5% | 7.1% |
| 营收同比 | -2.1% | -26.8% |
| 净利润同比 | -261.5% | -53.8% |
| 每股收益（稀释后） | $-0.32 | $1.12 |
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CCTMHC
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.6B | $2.0B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.6B | $2.0B |
净利润CCTMHC
| Q1 26 | — | $98.6M | ||
| Q4 25 | $-47.0M | $174.0M | ||
| Q3 25 | $46.0M | $201.4M | ||
| Q2 25 | $-380.0M | $193.6M | ||
| Q1 25 | $-5.0M | $213.5M | ||
| Q4 24 | $-13.0M | $242.5M | ||
| Q3 24 | $-32.0M | $251.1M | ||
| Q2 24 | $60.0M | $199.5M |
毛利率CCTMHC
| Q1 26 | — | 21.0% | ||
| Q4 25 | 11.7% | 22.0% | ||
| Q3 25 | 15.6% | 22.7% | ||
| Q2 25 | 17.2% | 23.0% | ||
| Q1 25 | 17.3% | 24.4% | ||
| Q4 24 | 19.4% | 23.9% | ||
| Q3 24 | 19.0% | 25.0% | ||
| Q2 24 | 19.8% | 23.7% |
营业利润率CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | -15.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | -2.1% | — | ||
| Q2 24 | 4.4% | — |
净利率CCTMHC
| Q1 26 | — | 7.1% | ||
| Q4 25 | -3.5% | 8.3% | ||
| Q3 25 | 3.1% | 9.6% | ||
| Q2 25 | -23.5% | 9.5% | ||
| Q1 25 | -0.4% | 11.3% | ||
| Q4 24 | -1.0% | 10.3% | ||
| Q3 24 | -2.1% | 11.8% | ||
| Q2 24 | 3.9% | 10.0% |
每股收益（稀释后）CCTMHC
| Q1 26 | — | $1.12 | ||
| Q4 25 | $-0.32 | $1.77 | ||
| Q3 25 | $0.31 | $2.01 | ||
| Q2 25 | $-2.53 | $1.92 | ||
| Q1 25 | $-0.03 | $2.07 | ||
| Q4 24 | $-0.07 | $2.29 | ||
| Q3 24 | $-0.22 | $2.37 | ||
| Q2 24 | $0.39 | $1.86 |
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 | $652.9M |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $6.2B |
| 总资产 | $7.4B | $9.8B |
| 负债/权益比越低杠杆越低 | 16.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CCTMHC
| Q1 26 | — | $652.9M | ||
| Q4 25 | $670.0M | $850.0M | ||
| Q3 25 | $613.0M | $370.6M | ||
| Q2 25 | $502.0M | $130.2M | ||
| Q1 25 | $464.0M | $377.8M | ||
| Q4 24 | $713.0M | $487.2M | ||
| Q3 24 | $596.0M | $256.4M | ||
| Q2 24 | $604.0M | $246.8M |
总债务CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $4.1B | $2.3B | ||
| Q3 25 | $4.1B | $2.2B | ||
| Q2 25 | $4.1B | $2.1B | ||
| Q1 25 | $4.1B | $2.1B | ||
| Q4 24 | $4.1B | $2.1B | ||
| Q3 24 | $4.0B | $2.1B | ||
| Q2 24 | $4.0B | $2.2B |
股东权益CCTMHC
| Q1 26 | — | $6.2B | ||
| Q4 25 | $250.0M | $6.3B | ||
| Q3 25 | $274.0M | $6.2B | ||
| Q2 25 | $228.0M | $6.1B | ||
| Q1 25 | $566.0M | $6.0B | ||
| Q4 24 | $571.0M | $5.9B | ||
| Q3 24 | $643.0M | $5.7B | ||
| Q2 24 | $714.0M | $5.5B |
总资产CCTMHC
| Q1 26 | — | $9.8B | ||
| Q4 25 | $7.4B | $9.8B | ||
| Q3 25 | $7.5B | $9.6B | ||
| Q2 25 | $7.5B | $9.5B | ||
| Q1 25 | $7.4B | $9.4B | ||
| Q4 24 | $7.5B | $9.3B | ||
| Q3 24 | $7.5B | $9.3B | ||
| Q2 24 | $7.2B | $9.1B |
负债/权益比CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 16.40× | 0.36× | ||
| Q3 25 | 14.96× | 0.35× | ||
| Q2 25 | 17.99× | 0.35× | ||
| Q1 25 | 7.18× | 0.35× | ||
| Q4 24 | 7.11× | 0.36× | ||
| Q3 24 | 6.20× | 0.37× | ||
| Q2 24 | 5.53× | 0.39× |
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 | $137.0M | — |
| 自由现金流经营现金流 - 资本支出 | $92.0M | — |
| 自由现金流率自由现金流/营收 | 6.9% | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 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 | $51.0M | — |
8季度趋势，按日历期对齐
经营现金流CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $137.0M | $646.4M | ||
| Q3 25 | $146.0M | $219.6M | ||
| Q2 25 | $93.0M | $-126.0M | ||
| Q1 25 | $-112.0M | $77.2M | ||
| Q4 24 | $138.0M | $438.2M | ||
| Q3 24 | $139.0M | $135.9M | ||
| Q2 24 | $-620.0M | $-233.3M |
自由现金流CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $92.0M | $635.3M | ||
| Q3 25 | $105.0M | $206.6M | ||
| Q2 25 | $50.0M | $-133.6M | ||
| Q1 25 | $-196.0M | $68.7M | ||
| Q4 24 | $29.0M | $428.2M | ||
| Q3 24 | $63.0M | $127.1M | ||
| Q2 24 | $-693.0M | $-241.7M |
自由现金流率CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 30.3% | ||
| Q3 25 | 7.0% | 9.9% | ||
| Q2 25 | 3.1% | -6.6% | ||
| Q1 25 | -14.3% | 3.6% | ||
| Q4 24 | 2.1% | 18.2% | ||
| Q3 24 | 4.2% | 6.0% | ||
| Q2 24 | -44.6% | -12.1% |
资本支出强度CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 0.5% | ||
| Q3 25 | 2.7% | 0.6% | ||
| Q2 25 | 2.7% | 0.4% | ||
| Q1 25 | 6.1% | 0.4% | ||
| Q4 24 | 8.0% | 0.4% | ||
| Q3 24 | 5.0% | 0.4% | ||
| Q2 24 | 4.7% | 0.4% |
现金转化率CCTMHC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | 3.17× | 1.09× | ||
| Q2 25 | — | -0.65× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | -10.33× | -1.17× |
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% |
TMHC
| Home closings revenue, net | $1.3B | 95% |
| Financial services revenue, net | $49.3M | 4% |
| Land closings revenue | $14.5M | 1% |
| Amenity and other revenue | $11.9M | 1% |
