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Diversified Energy Co（DEC）与RH（RH）财务数据对比。点击上方公司名可切换其他公司
RH的季度营收约是Diversified Energy Co的1.3倍（$883.8M vs $666.5M），Diversified Energy Co净利率更高（29.3% vs 4.1%，领先25.2%），Diversified Energy Co自由现金流更多（$280.0M vs $83.0M）
DTE能源是一家总部位于底特律的综合能源企业，在美国与加拿大开展能源相关业务的开发与运营。公司业务板块涵盖电力与燃气公用事业，其中电力业务为密歇根州220万客户服务，燃气业务则服务于该州130万客户。
RH是美国高端家居品牌，总部位于加利福尼亚州科尔特马德拉。品牌通过线下零售门店、产品目录和线上渠道发售家居商品，截至2018年8月，在美国和加拿大共运营70家展示馆、18家全系列设计展示馆、3家婴童家居展示馆，另有36家奥莱门店。
DEC vs RH — 直观对比
营收规模更大
RH
是对方的1.3倍
$666.5M
净利率更高
DEC
高出25.2%
4.1%
自由现金流更多
DEC
多$197.0M
$83.0M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $883.8M |
| 净利润 | $195.5M | $36.3M |
| 毛利率 | — | 44.1% |
| 营业利润率 | 37.6% | 12.0% |
| 净利率 | 29.3% | 4.1% |
| 营收同比 | — | 8.9% |
| 净利润同比 | — | 9.3% |
| 每股收益（稀释后） | — | $1.83 |
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DECRH
| Q4 25 | $666.5M | $883.8M | ||
| Q3 25 | $499.8M | $899.2M | ||
| Q2 25 | $600.3M | $814.0M | ||
| Q1 25 | — | $812.4M | ||
| Q4 24 | — | $811.7M | ||
| Q3 24 | — | $829.7M | ||
| Q2 24 | — | $727.0M | ||
| Q1 24 | — | $738.3M |
净利润DECRH
| Q4 25 | $195.5M | $36.3M | ||
| Q3 25 | $171.1M | $51.7M | ||
| Q2 25 | $297.7M | $8.0M | ||
| Q1 25 | — | $13.9M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $29.0M | ||
| Q2 24 | — | $-3.6M | ||
| Q1 24 | — | $11.4M |
毛利率DECRH
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | 44.7% | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 43.5% |
营业利润率DECRH
| Q4 25 | 37.6% | 12.0% | ||
| Q3 25 | 36.2% | 14.3% | ||
| Q2 25 | 48.5% | 6.9% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 7.5% | ||
| Q1 24 | — | 8.7% |
净利率DECRH
| Q4 25 | 29.3% | 4.1% | ||
| Q3 25 | 34.2% | 5.8% | ||
| Q2 25 | 49.6% | 1.0% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | -0.5% | ||
| Q1 24 | — | 1.5% |
每股收益（稀释后）DECRH
| Q4 25 | — | $1.83 | ||
| Q3 25 | $2.14 | $2.62 | ||
| Q2 25 | $3.67 | $0.40 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $1.66 | ||
| Q3 24 | — | $1.45 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $0.91 |
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 | $29.7M | $43.1M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $984.1M | $3.3M |
| 总资产 | $6.2B | $4.8B |
| 负债/权益比越低杠杆越低 | 2.76× | — |
8季度趋势，按日历期对齐
现金及短期投资DECRH
| Q4 25 | $29.7M | $43.1M | ||
| Q3 25 | — | $34.6M | ||
| Q2 25 | $23.7M | $46.1M | ||
| Q1 25 | — | $30.4M | ||
| Q4 24 | — | $87.0M | ||
| Q3 24 | — | $78.3M | ||
| Q2 24 | — | $101.8M | ||
| Q1 24 | — | $123.7M |
总债务DECRH
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECRH
| Q4 25 | $984.1M | $3.3M | ||
| Q3 25 | — | $-40.9M | ||
| Q2 25 | $727.7M | $-110.8M | ||
| Q1 25 | — | $-163.6M | ||
| Q4 24 | — | $-183.0M | ||
| Q3 24 | — | $-234.7M | ||
| Q2 24 | — | $-289.9M | ||
| Q1 24 | — | $-297.4M |
总资产DECRH
| Q4 25 | $6.2B | $4.8B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | $5.7B | $4.7B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $4.1B |
负债/权益比DECRH
| Q4 25 | 2.76× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $464.6M | $131.9M |
| 自由现金流经营现金流 - 资本支出 | $280.0M | $83.0M |
| 自由现金流率自由现金流/营收 | 42.0% | 9.4% |
| 资本支出强度资本支出/营收 | 27.7% | 5.5% |
| 现金转化率经营现金流/净利润 | 2.38× | 3.64× |
| 过去12个月自由现金流最近4个季度 | — | $128.1M |
8季度趋势，按日历期对齐
经营现金流DECRH
| Q4 25 | $464.6M | $131.9M | ||
| Q3 25 | — | $137.7M | ||
| Q2 25 | $264.1M | $86.6M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | — | $-31.4M | ||
| Q3 24 | — | $11.2M | ||
| Q2 24 | — | $56.1M | ||
| Q1 24 | — | $-114.0M |
自由现金流DECRH
| Q4 25 | $280.0M | $83.0M | ||
| Q3 25 | — | $80.7M | ||
| Q2 25 | — | $34.1M | ||
| Q1 25 | — | $-69.7M | ||
| Q4 24 | — | $-96.0M | ||
| Q3 24 | — | $-37.9M | ||
| Q2 24 | — | $-10.1M | ||
| Q1 24 | — | $-251.5M |
自由现金流率DECRH
| Q4 25 | 42.0% | 9.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | -8.6% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | -34.1% |
资本支出强度DECRH
| Q4 25 | 27.7% | 5.5% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 18.6% |
现金转化率DECRH
| Q4 25 | 2.38× | 3.64× | ||
| Q3 25 | — | 2.66× | ||
| Q2 25 | 0.89× | 10.78× | ||
| Q1 25 | — | -1.35× | ||
| Q4 24 | — | -0.95× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -10.01× |
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
DEC
暂无分部数据
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
