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Church & Dwight（CHD）与M/I HOMES, INC.（MHO）财务数据对比。点击上方公司名可切换其他公司
Church & Dwight的季度营收约是M/I HOMES, INC.的1.4倍（$1.6B vs $1.1B），Church & Dwight净利率更高（8.7% vs 5.6%，领先3.2%），Church & Dwight同比增速更快（3.9% vs -4.8%），过去两年M/I HOMES, INC.的营收复合增速更高（4.7% vs 4.6%）
Church & Dwight是美国知名消费品企业，成立于1847年，总部位于新泽西州尤因。公司主营个人护理、家居用品及特色产品，旗下拥有Arm & Hammer、Trojan、OxiClean等知名品牌，2022年全年营收达54亿美元。
M/I Homes是美国领先的住宅建筑企业，主要设计、建造及销售独栋住宅、联排住宅与复式公寓，业务覆盖美国多州，面向首次置业、改善型及高端置业群体，提供节能住宅产品与个性化定制服务。
CHD vs MHO — 直观对比
营收规模更大
CHD
是对方的1.4倍
$1.1B
营收增速更快
CHD
高出8.7%
-4.8%
净利率更高
CHD
高出3.2%
5.6%
两年增速更快
MHO
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.1B |
| 净利润 | $143.5M | $64.0M |
| 毛利率 | 45.8% | 17.4% |
| 营业利润率 | 16.2% | 6.5% |
| 净利率 | 8.7% | 5.6% |
| 营收同比 | 3.9% | -4.8% |
| 净利润同比 | -24.2% | -52.1% |
| 每股收益（稀释后） | $0.60 | $2.42 |
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CHDMHO
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $976.1M | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
净利润CHDMHO
| Q4 25 | $143.5M | $64.0M | ||
| Q3 25 | $182.2M | $106.5M | ||
| Q2 25 | $191.0M | $121.2M | ||
| Q1 25 | $220.1M | $111.2M | ||
| Q4 24 | $189.2M | $133.5M | ||
| Q3 24 | $-75.1M | $145.4M | ||
| Q2 24 | $243.5M | $146.7M | ||
| Q1 24 | $227.7M | $138.1M |
毛利率CHDMHO
| Q4 25 | 45.8% | 17.4% | ||
| Q3 25 | 45.1% | 24.5% | ||
| Q2 25 | 43.0% | 24.7% | ||
| Q1 25 | 45.0% | 25.9% | ||
| Q4 24 | 44.7% | 24.6% | ||
| Q3 24 | 45.2% | 27.1% | ||
| Q2 24 | 47.1% | 27.9% | ||
| Q1 24 | 45.7% | 27.1% |
营业利润率CHDMHO
| Q4 25 | 16.2% | 6.5% | ||
| Q3 25 | 16.1% | 12.0% | ||
| Q2 25 | 17.4% | 13.4% | ||
| Q1 25 | 20.1% | 14.4% | ||
| Q4 24 | 16.2% | 13.6% | ||
| Q3 24 | -6.1% | 15.9% | ||
| Q2 24 | 22.3% | 16.8% | ||
| Q1 24 | 20.3% | 16.6% |
净利率CHDMHO
| Q4 25 | 8.7% | 5.6% | ||
| Q3 25 | 11.5% | 9.4% | ||
| Q2 25 | 12.7% | 10.4% | ||
| Q1 25 | 15.0% | 11.4% | ||
| Q4 24 | 12.0% | 11.1% | ||
| Q3 24 | -5.0% | 12.7% | ||
| Q2 24 | 16.1% | 13.2% | ||
| Q1 24 | 15.1% | 13.2% |
每股收益（稀释后）CHDMHO
| Q4 25 | $0.60 | $2.42 | ||
| Q3 25 | $0.75 | $3.92 | ||
| Q2 25 | $0.78 | $4.42 | ||
| Q1 25 | $0.89 | $3.98 | ||
| Q4 24 | $0.76 | $4.71 | ||
| Q3 24 | $-0.31 | $5.10 | ||
| Q2 24 | $0.99 | $5.12 | ||
| Q1 24 | $0.93 | $4.78 |
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 | $409.0M | — |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $4.0B | $3.2B |
| 总资产 | $8.9B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.55× | — |
8季度趋势，按日历期对齐
现金及短期投资CHDMHO
| Q4 25 | $409.0M | — | ||
| Q3 25 | $305.3M | — | ||
| Q2 25 | $923.2M | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $964.1M | — | ||
| Q3 24 | $752.1M | — | ||
| Q2 24 | $491.7M | — | ||
| Q1 24 | $349.7M | — |
总债务CHDMHO
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
股东权益CHDMHO
| Q4 25 | $4.0B | $3.2B | ||
| Q3 25 | $4.2B | $3.1B | ||
| Q2 25 | $4.4B | $3.1B | ||
| Q1 25 | $4.6B | $3.0B | ||
| Q4 24 | $4.4B | $2.9B | ||
| Q3 24 | $4.2B | $2.8B | ||
| Q2 24 | $4.3B | $2.7B | ||
| Q1 24 | $4.1B | $2.6B |
总资产CHDMHO
| Q4 25 | $8.9B | $4.8B | ||
| Q3 25 | $9.1B | $4.8B | ||
| Q2 25 | $8.8B | $4.7B | ||
| Q1 25 | $9.0B | $4.6B | ||
| Q4 24 | $8.9B | $4.5B | ||
| Q3 24 | $8.7B | $4.5B | ||
| Q2 24 | $8.8B | $4.3B | ||
| Q1 24 | $8.6B | $4.2B |
负债/权益比CHDMHO
| Q4 25 | 0.55× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.54× | — |
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 | — | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.0M |
| 自由现金流率自由现金流/营收 | — | -1.1% |
| 资本支出强度资本支出/营收 | 3.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.14× |
| 过去12个月自由现金流最近4个季度 | — | $127.7M |
8季度趋势，按日历期对齐
经营现金流CHDMHO
| Q4 25 | — | $-8.7M | ||
| Q3 25 | — | $43.4M | ||
| Q2 25 | — | $37.8M | ||
| Q1 25 | — | $64.9M | ||
| Q4 24 | $292.3M | $104.4M | ||
| Q3 24 | $364.0M | $-67.9M | ||
| Q2 24 | $236.9M | $27.5M | ||
| Q1 24 | $263.0M | $115.8M |
自由现金流CHDMHO
| Q4 25 | — | $-13.0M | ||
| Q3 25 | — | $42.0M | ||
| Q2 25 | — | $35.1M | ||
| Q1 25 | — | $63.5M | ||
| Q4 24 | $237.7M | $102.3M | ||
| Q3 24 | $315.4M | $-68.5M | ||
| Q2 24 | $206.6M | $22.0M | ||
| Q1 24 | $216.7M | $115.5M |
自由现金流率CHDMHO
| Q4 25 | — | -1.1% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | 15.0% | 8.5% | ||
| Q3 24 | 20.9% | -6.0% | ||
| Q2 24 | 13.7% | 2.0% | ||
| Q1 24 | 14.4% | 11.0% |
资本支出强度CHDMHO
| Q4 25 | 3.4% | 0.4% | ||
| Q3 25 | 1.8% | 0.1% | ||
| Q2 25 | 1.5% | 0.2% | ||
| Q1 25 | 1.1% | 0.1% | ||
| Q4 24 | 3.5% | 0.2% | ||
| Q3 24 | 3.2% | 0.1% | ||
| Q2 24 | 2.0% | 0.5% | ||
| Q1 24 | 3.1% | 0.0% |
现金转化率CHDMHO
| Q4 25 | — | -0.14× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 1.54× | 0.78× | ||
| Q3 24 | — | -0.47× | ||
| Q2 24 | 0.97× | 0.19× | ||
| Q1 24 | 1.16× | 0.84× |
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
CHD
| Household Products | $645.3M | 39% |
| Personal Care Products | $625.9M | 38% |
| Consumer International | $299.8M | 18% |
| Specialty Products Division | $73.2M | 4% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
