vs
卡骆驰（CROX）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是卡骆驰的1.4倍（$1.3B vs $957.6M），卡骆驰同比增速更快（-3.2% vs -5.8%），卡骆驰自由现金流更多（$246.4M vs $170.8M），过去两年卡骆驰的营收复合增速更高（1.0% vs -6.1%）
卡骆驰（Crocs）是总部位于美国科罗拉多州布鲁姆菲尔德的鞋履企业，主打生产、销售旗下同名品牌的泡沫鞋履产品。其标志性鞋款虽被品牌称为“木屐”，但和传统木屐不同，不含木质材料，凭借舒适轻便的特性受到全球消费者喜爱。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
CROX vs RHI — 直观对比
营收规模更大
RHI
是对方的1.4倍
$957.6M
营收增速更快
CROX
高出2.5%
-5.8%
自由现金流更多
CROX
多$75.6M
$170.8M
两年增速更快
CROX
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $957.6M | $1.3B |
| 净利润 | $105.2M | — |
| 毛利率 | 54.7% | 37.6% |
| 营业利润率 | 15.3% | 1.7% |
| 净利率 | 11.0% | — |
| 营收同比 | -3.2% | -5.8% |
| 净利润同比 | -71.5% | — |
| 每股收益（稀释后） | $1.79 | $0.32 |
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CROXRHI
| Q4 25 | $957.6M | $1.3B | ||
| Q3 25 | $996.3M | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $937.3M | $1.4B | ||
| Q4 24 | $989.8M | $1.4B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $938.6M | $1.5B |
净利润CROXRHI
| Q4 25 | $105.2M | — | ||
| Q3 25 | $145.8M | $42.9M | ||
| Q2 25 | $-492.3M | $41.0M | ||
| Q1 25 | $160.1M | $17.4M | ||
| Q4 24 | $368.9M | — | ||
| Q3 24 | $199.8M | $65.5M | ||
| Q2 24 | $228.9M | $68.2M | ||
| Q1 24 | $152.5M | $63.7M |
毛利率CROXRHI
| Q4 25 | 54.7% | 37.6% | ||
| Q3 25 | 58.5% | 37.2% | ||
| Q2 25 | 61.7% | 37.2% | ||
| Q1 25 | 57.8% | 36.9% | ||
| Q4 24 | 57.9% | 38.8% | ||
| Q3 24 | 59.6% | 39.0% | ||
| Q2 24 | 61.4% | 39.2% | ||
| Q1 24 | 55.6% | 38.1% |
营业利润率CROXRHI
| Q4 25 | 15.3% | 1.7% | ||
| Q3 25 | 20.8% | 1.0% | ||
| Q2 25 | -37.2% | 0.1% | ||
| Q1 25 | 23.8% | 2.9% | ||
| Q4 24 | 20.2% | 4.7% | ||
| Q3 24 | 25.4% | 4.1% | ||
| Q2 24 | 29.3% | 5.1% | ||
| Q1 24 | 24.1% | 2.8% |
净利率CROXRHI
| Q4 25 | 11.0% | — | ||
| Q3 25 | 14.6% | 3.2% | ||
| Q2 25 | -42.8% | 3.0% | ||
| Q1 25 | 17.1% | 1.3% | ||
| Q4 24 | 37.3% | — | ||
| Q3 24 | 18.8% | 4.5% | ||
| Q2 24 | 20.6% | 4.6% | ||
| Q1 24 | 16.2% | 4.3% |
每股收益（稀释后）CROXRHI
| Q4 25 | $1.79 | $0.32 | ||
| Q3 25 | $2.70 | $0.43 | ||
| Q2 25 | $-8.82 | $0.41 | ||
| Q1 25 | $2.83 | $0.17 | ||
| Q4 24 | $6.25 | $0.53 | ||
| Q3 24 | $3.36 | $0.64 | ||
| Q2 24 | $3.77 | $0.66 | ||
| Q1 24 | $2.50 | $0.61 |
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 | $130.4M | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $1.3B |
| 总资产 | $4.2B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CROXRHI
| Q4 25 | $130.4M | $464.4M | ||
| Q3 25 | $154.0M | $365.3M | ||
| Q2 25 | $200.6M | $380.5M | ||
| Q1 25 | $166.5M | $342.5M | ||
| Q4 24 | $180.5M | $537.6M | ||
| Q3 24 | $186.1M | $570.5M | ||
| Q2 24 | $167.7M | $547.4M | ||
| Q1 24 | $159.3M | $540.9M |
股东权益CROXRHI
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.6B | $1.5B |
总资产CROXRHI
| Q4 25 | $4.2B | $2.9B | ||
| Q3 25 | $4.3B | $2.8B | ||
| Q2 25 | $4.5B | $2.8B | ||
| Q1 25 | $5.1B | $2.7B | ||
| Q4 24 | $4.8B | $2.9B | ||
| Q3 24 | $4.7B | $3.0B | ||
| Q2 24 | $4.7B | $2.9B | ||
| Q1 24 | $4.8B | $2.9B |
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 | $252.5M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $246.4M | $170.8M |
| 自由现金流率自由现金流/营收 | 25.7% | 13.1% |
| 资本支出强度资本支出/营收 | 0.6% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.40× | — |
| 过去12个月自由现金流最近4个季度 | $659.2M | $266.8M |
8季度趋势，按日历期对齐
经营现金流CROXRHI
| Q4 25 | $252.5M | $182.5M | ||
| Q3 25 | $239.3M | $77.4M | ||
| Q2 25 | $285.8M | $119.4M | ||
| Q1 25 | $-67.2M | $-59.3M | ||
| Q4 24 | $321.9M | $154.8M | ||
| Q3 24 | $296.9M | $129.6M | ||
| Q2 24 | $401.2M | $142.0M | ||
| Q1 24 | $-27.6M | $-15.9M |
自由现金流CROXRHI
| Q4 25 | $246.4M | $170.8M | ||
| Q3 25 | $226.2M | $63.6M | ||
| Q2 25 | $269.2M | $104.2M | ||
| Q1 25 | $-82.6M | $-71.7M | ||
| Q4 24 | $303.4M | $140.5M | ||
| Q3 24 | $278.8M | $111.8M | ||
| Q2 24 | $384.2M | $129.6M | ||
| Q1 24 | $-43.3M | $-27.7M |
自由现金流率CROXRHI
| Q4 25 | 25.7% | 13.1% | ||
| Q3 25 | 22.7% | 4.7% | ||
| Q2 25 | 23.4% | 7.6% | ||
| Q1 25 | -8.8% | -5.3% | ||
| Q4 24 | 30.7% | 10.2% | ||
| Q3 24 | 26.3% | 7.6% | ||
| Q2 24 | 34.6% | 8.8% | ||
| Q1 24 | -4.6% | -1.9% |
资本支出强度CROXRHI
| Q4 25 | 0.6% | 0.9% | ||
| Q3 25 | 1.3% | 1.0% | ||
| Q2 25 | 1.4% | 1.1% | ||
| Q1 25 | 1.6% | 0.9% | ||
| Q4 24 | 1.9% | 1.0% | ||
| Q3 24 | 1.7% | 1.2% | ||
| Q2 24 | 1.5% | 0.8% | ||
| Q1 24 | 1.7% | 0.8% |
现金转化率CROXRHI
| Q4 25 | 2.40× | — | ||
| Q3 25 | 1.64× | 1.80× | ||
| Q2 25 | — | 2.91× | ||
| Q1 25 | -0.42× | -3.42× | ||
| Q4 24 | 0.87× | — | ||
| Q3 24 | 1.49× | 1.98× | ||
| Q2 24 | 1.75× | 2.08× | ||
| Q1 24 | -0.18× | -0.25× |
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
CROX
| Sales Channel Directly To Consumer | $333.2M | 35% |
| Other | $332.1M | 35% |
| HEYDUDE Brand Segment | $189.3M | 20% |
| Sales Channel Through Intermediary Wholesale | $103.1M | 11% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
