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Core & Main, Inc.（CNM）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Core & Main, Inc.的1.3倍（$2.7B vs $2.1B），Core & Main, Inc.净利率更高（6.6% vs 2.5%，领先4.1%），Rocket Companies, Inc.同比增速更快（52.2% vs 0.0%），Core & Main, Inc.自由现金流更多（$263.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 19.7%）
Core & Main, Inc.总部位于美国密苏里州圣路易斯，是美国专业的水务及相关防护产品分销商，主营供水、污水处理、雨水排放、消防防护类产品，客户覆盖市政部门、私营水务企业及专业承包商，在全美49个州设有370个分支机构，服务6万客户，在售产品达22.5万种。
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。
CNM vs RKT — 直观对比
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.7B |
| 净利润 | $137.0M | $68.0M |
| 毛利率 | 27.2% | — |
| 营业利润率 | 10.7% | 6.3% |
| 净利率 | 6.6% | 2.5% |
| 营收同比 | 0.0% | 52.2% |
| 净利润同比 | 0.0% | 100.8% |
| 每股收益（稀释后） | $0.72 | $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
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.7B | $1.0B | ||
| Q4 24 | $2.0B | $1.8B | ||
| Q3 24 | $2.0B | $646.9M | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.4B | $1.4B |
| Q4 25 | $137.0M | $68.0M | ||
| Q3 25 | $134.0M | $-123.9M | ||
| Q2 25 | $100.0M | $-1.8M | ||
| Q1 25 | $64.0M | $-10.4M | ||
| Q4 24 | $133.0M | $33.9M | ||
| Q3 24 | $119.0M | $-22.0M | ||
| Q2 24 | $95.0M | $1.3M | ||
| Q1 24 | $63.0M | $16.2M |
| Q4 25 | 27.2% | — | ||
| Q3 25 | 26.8% | — | ||
| Q2 25 | 26.7% | — | ||
| Q1 25 | 26.6% | — | ||
| Q4 24 | 26.6% | 58.9% | ||
| Q3 24 | 26.4% | -8.4% | ||
| Q2 24 | 26.9% | 47.4% | ||
| Q1 24 | 26.7% | 51.2% |
| Q4 25 | 10.7% | 6.3% | ||
| Q3 25 | 10.2% | -11.5% | ||
| Q2 25 | 8.9% | 1.8% | ||
| Q1 25 | 7.3% | -21.5% | ||
| Q4 24 | 10.9% | 38.1% | ||
| Q3 24 | 10.4% | -76.9% | ||
| Q2 24 | 9.6% | 14.8% | ||
| Q1 24 | 8.1% | 21.6% |
| Q4 25 | 6.6% | 2.5% | ||
| Q3 25 | 6.4% | -7.7% | ||
| Q2 25 | 5.2% | -0.1% | ||
| Q1 25 | 3.8% | -1.0% | ||
| Q4 24 | 6.5% | 1.9% | ||
| Q3 24 | 6.1% | -3.4% | ||
| Q2 24 | 5.5% | 0.1% | ||
| Q1 24 | 4.4% | 1.2% |
| Q4 25 | $0.72 | $0.10 | ||
| Q3 25 | $0.70 | $-0.06 | ||
| Q2 25 | $0.52 | $-0.01 | ||
| Q1 25 | $0.34 | $-0.08 | ||
| Q4 24 | $0.69 | $0.28 | ||
| Q3 24 | $0.61 | $-0.19 | ||
| Q2 24 | $0.49 | $0.01 | ||
| Q1 24 | $0.34 | $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 | $89.0M | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $22.9B |
| 总资产 | $6.3B | $60.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $89.0M | $2.7B | ||
| Q3 25 | $25.0M | $5.8B | ||
| Q2 25 | $8.0M | $5.1B | ||
| Q1 25 | $8.0M | $1.4B | ||
| Q4 24 | $10.0M | $1.3B | ||
| Q3 24 | $13.0M | $1.2B | ||
| Q2 24 | $30.0M | $1.3B | ||
| Q1 24 | $1.0M | $861.4M |
| Q4 25 | $2.0B | $22.9B | ||
| Q3 25 | $1.9B | $8.9B | ||
| Q2 25 | $1.7B | $7.4B | ||
| Q1 25 | $1.7B | $8.6B | ||
| Q4 24 | $1.7B | $9.0B | ||
| Q3 24 | $1.6B | $8.4B | ||
| Q2 24 | $1.6B | $8.8B | ||
| Q1 24 | $1.5B | $8.6B |
| Q4 25 | $6.3B | $60.7B | ||
| Q3 25 | $6.3B | $33.6B | ||
| Q2 25 | $6.3B | $30.4B | ||
| Q1 25 | $5.9B | $25.3B | ||
| Q4 24 | $6.2B | $24.5B | ||
| Q3 24 | $6.1B | $25.1B | ||
| Q2 24 | $6.0B | $23.6B | ||
| Q1 24 | $5.1B | $22.2B |
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 | $271.0M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $263.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | 12.8% | -47.2% |
| 资本支出强度资本支出/营收 | 0.4% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.98× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $575.0M | $-4.0B |
8季度趋势，按日历期对齐
| Q4 25 | $271.0M | $-1.2B | ||
| Q3 25 | $34.0M | $-50.3M | ||
| Q2 25 | $77.0M | $-1.9B | ||
| Q1 25 | $235.0M | $-797.0M | ||
| Q4 24 | $260.0M | $1.8B | ||
| Q3 24 | $48.0M | $-1.3B | ||
| Q2 24 | $78.0M | $-122.3M | ||
| Q1 24 | $294.0M | $-3.0B |
| Q4 25 | $263.0M | $-1.3B | ||
| Q3 25 | $24.0M | $-71.8M | ||
| Q2 25 | $64.0M | $-1.9B | ||
| Q1 25 | $224.0M | $-811.0M | ||
| Q4 24 | $252.0M | $1.8B | ||
| Q3 24 | $39.0M | $-1.4B | ||
| Q2 24 | $71.0M | $-138.3M | ||
| Q1 24 | $289.0M | $-3.0B |
| Q4 25 | 12.8% | -47.2% | ||
| Q3 25 | 1.1% | -4.5% | ||
| Q2 25 | 3.3% | -137.2% | ||
| Q1 25 | 13.2% | -78.2% | ||
| Q4 24 | 12.4% | 103.1% | ||
| Q3 24 | 2.0% | -209.6% | ||
| Q2 24 | 4.1% | -10.6% | ||
| Q1 24 | 20.1% | -218.7% |
| Q4 25 | 0.4% | 1.5% | ||
| Q3 25 | 0.5% | 1.3% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | 0.6% | 1.4% | ||
| Q4 24 | 0.4% | 1.1% | ||
| Q3 24 | 0.5% | 2.9% | ||
| Q2 24 | 0.4% | 1.2% | ||
| Q1 24 | 0.3% | 1.0% |
| Q4 25 | 1.98× | -18.08× | ||
| Q3 25 | 0.25× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 3.67× | — | ||
| Q4 24 | 1.95× | 54.42× | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.82× | -94.46× | ||
| Q1 24 | 4.67× | -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
CNM
| Pipes Valves And Fitting Products | $1.4B | 67% |
| Storm Drainage Products | $333.0M | 16% |
| Meter Products | $195.0M | 9% |
| Fire Protection Products | $152.0M | 7% |
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% |
