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塞拉尼斯（CE）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是塞拉尼斯的1.2倍（$2.7B vs $2.2B），Rocket Companies, Inc.净利率更高（2.5% vs 0.6%，领先1.9%），Rocket Companies, Inc.同比增速更快（52.2% vs -7.0%），塞拉尼斯自由现金流更多（$168.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs -8.1%）
塞拉尼斯是总部位于美国得克萨斯州欧文市的技术及特种材料企业，位列财富500强。公司是全球醋酸行业领军生产商，年产量约195万吨，占全球总产量的20%左右，同时也是全球最大的醋酸乙烯酯单体（VAM）供应商。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
CE vs RKT — 直观对比
营收规模更大
RKT
是对方的1.2倍
$2.2B
营收增速更快
RKT
高出59.2%
-7.0%
净利率更高
RKT
高出1.9%
0.6%
自由现金流更多
CE
多$1.4B
$-1.3B
两年增速更快
RKT
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.7B |
| 净利润 | $14.0M | $68.0M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 4.0% | 6.3% |
| 净利率 | 0.6% | 2.5% |
| 营收同比 | -7.0% | 52.2% |
| 净利润同比 | 100.7% | 100.8% |
| 每股收益（稀释后） | $0.13 | $0.10 |
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CERKT
| Q4 25 | $2.2B | $2.7B | ||
| Q3 25 | $2.4B | $1.6B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.4B | $1.0B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.6B | $646.9M | ||
| Q2 24 | $2.7B | $1.3B | ||
| Q1 24 | $2.6B | $1.4B |
净利润CERKT
| Q4 25 | $14.0M | $68.0M | ||
| Q3 25 | $-1.4B | $-123.9M | ||
| Q2 25 | $199.0M | $-1.8M | ||
| Q1 25 | $-21.0M | $-10.4M | ||
| Q4 24 | $-1.9B | $33.9M | ||
| Q3 24 | $116.0M | $-22.0M | ||
| Q2 24 | $155.0M | $1.3M | ||
| Q1 24 | $121.0M | $16.2M |
毛利率CERKT
| Q4 25 | 19.1% | — | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 19.9% | — | ||
| Q4 24 | 22.7% | 58.9% | ||
| Q3 24 | 23.5% | -8.4% | ||
| Q2 24 | 24.2% | 47.4% | ||
| Q1 24 | 21.2% | 51.2% |
营业利润率CERKT
| Q4 25 | 4.0% | 6.3% | ||
| Q3 25 | -52.7% | -11.5% | ||
| Q2 25 | 9.2% | 1.8% | ||
| Q1 25 | 7.0% | -21.5% | ||
| Q4 24 | -59.3% | 38.1% | ||
| Q3 24 | 9.4% | -76.9% | ||
| Q2 24 | 9.4% | 14.8% | ||
| Q1 24 | 8.0% | 21.6% |
净利率CERKT
| Q4 25 | 0.6% | 2.5% | ||
| Q3 25 | -56.1% | -7.7% | ||
| Q2 25 | 7.9% | -0.1% | ||
| Q1 25 | -0.9% | -1.0% | ||
| Q4 24 | -80.8% | 1.9% | ||
| Q3 24 | 4.4% | -3.4% | ||
| Q2 24 | 5.8% | 0.1% | ||
| Q1 24 | 4.6% | 1.2% |
每股收益（稀释后）CERKT
| Q4 25 | $0.13 | $0.10 | ||
| Q3 25 | $-12.39 | $-0.06 | ||
| Q2 25 | $1.81 | $-0.01 | ||
| Q1 25 | $-0.19 | $-0.08 | ||
| Q4 24 | $-17.50 | $0.28 | ||
| Q3 24 | $1.06 | $-0.19 | ||
| Q2 24 | $1.41 | $0.01 | ||
| Q1 24 | $1.10 | $0.11 |
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 | — | $2.7B |
| 总债务越低越好 | $11.4B | — |
| 股东权益账面价值 | $4.0B | $22.9B |
| 总资产 | $21.7B | $60.7B |
| 负债/权益比越低杠杆越低 | 2.81× | — |
8季度趋势，按日历期对齐
现金及短期投资CERKT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $861.4M |
总债务CERKT
| Q4 25 | $11.4B | — | ||
| Q3 25 | $11.7B | — | ||
| Q2 25 | $12.7B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $11.1B | — | ||
| Q3 24 | $11.3B | — | ||
| Q2 24 | $11.1B | — | ||
| Q1 24 | $11.0B | — |
股东权益CERKT
| Q4 25 | $4.0B | $22.9B | ||
| Q3 25 | $4.0B | $8.9B | ||
| Q2 25 | $5.3B | $7.4B | ||
| Q1 25 | $5.2B | $8.6B | ||
| Q4 24 | $5.2B | $9.0B | ||
| Q3 24 | $7.3B | $8.4B | ||
| Q2 24 | $7.2B | $8.8B | ||
| Q1 24 | $7.1B | $8.6B |
总资产CERKT
| Q4 25 | $21.7B | $60.7B | ||
| Q3 25 | $22.2B | $33.6B | ||
| Q2 25 | $23.7B | $30.4B | ||
| Q1 25 | $23.2B | $25.3B | ||
| Q4 24 | $22.9B | $24.5B | ||
| Q3 24 | $25.9B | $25.1B | ||
| Q2 24 | $25.8B | $23.6B | ||
| Q1 24 | $26.0B | $22.2B |
负债/权益比CERKT
| Q4 25 | 2.81× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 2.39× | — | ||
| Q4 24 | 2.14× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.54× | — | ||
| Q1 24 | 1.56× | — |
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 | $252.0M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $168.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | 7.6% | -47.2% |
| 资本支出强度资本支出/营收 | 3.8% | 1.5% |
| 现金转化率经营现金流/净利润 | 18.00× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $803.0M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流CERKT
| Q4 25 | $252.0M | $-1.2B | ||
| Q3 25 | $447.0M | $-50.3M | ||
| Q2 25 | $410.0M | $-1.9B | ||
| Q1 25 | $37.0M | $-797.0M | ||
| Q4 24 | $494.0M | $1.8B | ||
| Q3 24 | $79.0M | $-1.3B | ||
| Q2 24 | $292.0M | $-122.3M | ||
| Q1 24 | $101.0M | $-3.0B |
自由现金流CERKT
| Q4 25 | $168.0M | $-1.3B | ||
| Q3 25 | $383.0M | $-71.8M | ||
| Q2 25 | $317.0M | $-1.9B | ||
| Q1 25 | $-65.0M | $-811.0M | ||
| Q4 24 | $389.0M | $1.8B | ||
| Q3 24 | $-9.0M | $-1.4B | ||
| Q2 24 | $187.0M | $-138.3M | ||
| Q1 24 | $-36.0M | $-3.0B |
自由现金流率CERKT
| Q4 25 | 7.6% | -47.2% | ||
| Q3 25 | 15.8% | -4.5% | ||
| Q2 25 | 12.5% | -137.2% | ||
| Q1 25 | -2.7% | -78.2% | ||
| Q4 24 | 16.4% | 103.1% | ||
| Q3 24 | -0.3% | -209.6% | ||
| Q2 24 | 7.1% | -10.6% | ||
| Q1 24 | -1.4% | -218.7% |
资本支出强度CERKT
| Q4 25 | 3.8% | 1.5% | ||
| Q3 25 | 2.6% | 1.3% | ||
| Q2 25 | 3.7% | 1.1% | ||
| Q1 25 | 4.3% | 1.4% | ||
| Q4 24 | 4.4% | 1.1% | ||
| Q3 24 | 3.3% | 2.9% | ||
| Q2 24 | 4.0% | 1.2% | ||
| Q1 24 | 5.2% | 1.0% |
现金转化率CERKT
| Q4 25 | 18.00× | -18.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 54.42× | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 1.88× | -94.46× | ||
| Q1 24 | 0.83× | -185.80× |
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
CE
| Engineered Materials | $1.3B | 58% |
| Acetyl Chain | $940.0M | 43% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
