vs
Douglas Emmett Inc（DEI）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是Douglas Emmett Inc的1.9倍（$461.6M vs $249.4M），RBC Bearings INC净利率更高（14.6% vs -2.7%，领先17.3%），RBC Bearings INC同比增速更快（17.0% vs 1.8%），Douglas Emmett Inc自由现金流更多（$194.5M vs $99.1M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 0.9%）
道格拉斯·艾米特公司是一家领先的房地产投资信托企业，主要持有、运营及收购优质写字楼与多户住宅物业，核心市场覆盖加州洛杉矶、夏威夷州檀香山等准入门槛较高的区域，服务高端商业及住宅租户群体。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
DEI vs RBC — 直观对比
营收规模更大
RBC
是对方的1.9倍
$249.4M
营收增速更快
RBC
高出15.2%
1.8%
净利率更高
RBC
高出17.3%
-2.7%
自由现金流更多
DEI
多$95.4M
$99.1M
两年增速更快
RBC
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $249.4M | $461.6M |
| 净利润 | $-6.8M | $67.4M |
| 毛利率 | 62.2% | 44.3% |
| 营业利润率 | — | 22.3% |
| 净利率 | -2.7% | 14.6% |
| 营收同比 | 1.8% | 17.0% |
| 净利润同比 | -670.7% | 16.4% |
| 每股收益（稀释后） | $-0.04 | $2.13 |
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DEIRBC
| Q4 25 | $249.4M | $461.6M | ||
| Q3 25 | $250.6M | $455.3M | ||
| Q2 25 | $252.4M | $436.0M | ||
| Q1 25 | $251.5M | $437.7M | ||
| Q4 24 | $245.0M | $394.4M | ||
| Q3 24 | $250.8M | $397.9M | ||
| Q2 24 | $245.8M | $406.3M | ||
| Q1 24 | $245.0M | $413.7M |
净利润DEIRBC
| Q4 25 | $-6.8M | $67.4M | ||
| Q3 25 | $-10.9M | $60.0M | ||
| Q2 25 | $-5.8M | $68.5M | ||
| Q1 25 | $39.8M | $72.7M | ||
| Q4 24 | $-888.0K | $57.9M | ||
| Q3 24 | $4.6M | $54.2M | ||
| Q2 24 | $10.9M | $61.4M | ||
| Q1 24 | $8.9M | — |
毛利率DEIRBC
| Q4 25 | 62.2% | 44.3% | ||
| Q3 25 | 63.6% | 44.1% | ||
| Q2 25 | 63.2% | 44.8% | ||
| Q1 25 | 64.4% | 44.2% | ||
| Q4 24 | 63.5% | 44.3% | ||
| Q3 24 | 62.2% | 43.7% | ||
| Q2 24 | 66.2% | 45.3% | ||
| Q1 24 | 66.1% | 43.1% |
营业利润率DEIRBC
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 21.6% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 22.8% |
净利率DEIRBC
| Q4 25 | -2.7% | 14.6% | ||
| Q3 25 | -4.3% | 13.2% | ||
| Q2 25 | -2.3% | 15.7% | ||
| Q1 25 | 15.8% | 16.6% | ||
| Q4 24 | -0.4% | 14.7% | ||
| Q3 24 | 1.8% | 13.6% | ||
| Q2 24 | 4.4% | 15.1% | ||
| Q1 24 | 3.6% | — |
每股收益（稀释后）DEIRBC
| Q4 25 | $-0.04 | $2.13 | ||
| Q3 25 | $-0.07 | $1.90 | ||
| Q2 25 | $-0.04 | $2.17 | ||
| Q1 25 | $0.24 | $2.33 | ||
| Q4 24 | $-0.01 | $1.82 | ||
| Q3 24 | $0.03 | $1.65 | ||
| Q2 24 | $0.06 | $1.90 | ||
| Q1 24 | $0.05 | $1.92 |
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 | $340.8M | $107.6M |
| 总债务越低越好 | $5.5B | $990.2M |
| 股东权益账面价值 | $1.9B | $3.3B |
| 总资产 | $9.3B | $5.1B |
| 负债/权益比越低杠杆越低 | 2.91× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DEIRBC
| Q4 25 | $340.8M | $107.6M | ||
| Q3 25 | $408.5M | $91.2M | ||
| Q2 25 | $426.9M | $132.9M | ||
| Q1 25 | $525.7M | $36.8M | ||
| Q4 24 | $444.6M | — | ||
| Q3 24 | $544.2M | — | ||
| Q2 24 | $561.1M | $76.8M | ||
| Q1 24 | $556.7M | $63.5M |
总债务DEIRBC
| Q4 25 | $5.5B | $990.2M | ||
| Q3 25 | $5.6B | $1.1B | ||
| Q2 25 | $5.6B | $915.6M | ||
| Q1 25 | $5.6B | $920.1M | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.5B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | $1.2B |
股东权益DEIRBC
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $2.0B | $3.1B | ||
| Q1 25 | $2.0B | $3.0B | ||
| Q4 24 | $2.1B | $2.9B | ||
| Q3 24 | $2.1B | $2.9B | ||
| Q2 24 | $2.2B | $2.8B | ||
| Q1 24 | $2.2B | $2.8B |
总资产DEIRBC
| Q4 25 | $9.3B | $5.1B | ||
| Q3 25 | $9.4B | $5.1B | ||
| Q2 25 | $9.4B | $4.8B | ||
| Q1 25 | $9.6B | $4.7B | ||
| Q4 24 | $9.4B | $4.7B | ||
| Q3 24 | $9.5B | $4.7B | ||
| Q2 24 | $9.6B | $4.7B | ||
| Q1 24 | $9.6B | $4.7B |
负债/权益比DEIRBC
| Q4 25 | 2.91× | 0.30× | ||
| Q3 25 | 2.85× | 0.34× | ||
| Q2 25 | 2.78× | 0.29× | ||
| Q1 25 | 2.75× | 0.30× | ||
| Q4 24 | 2.67× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 2.56× | — | ||
| Q1 24 | 2.52× | 0.43× |
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 | $386.9M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $194.5M | $99.1M |
| 自由现金流率自由现金流/营收 | 78.0% | 21.5% |
| 资本支出强度资本支出/营收 | 77.1% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $376.9M | — |
8季度趋势，按日历期对齐
经营现金流DEIRBC
| Q4 25 | $386.9M | $122.1M | ||
| Q3 25 | $109.8M | $88.4M | ||
| Q2 25 | $81.3M | $120.0M | ||
| Q1 25 | $132.6M | — | ||
| Q4 24 | $408.7M | $84.0M | ||
| Q3 24 | $103.7M | — | ||
| Q2 24 | $91.9M | $97.4M | ||
| Q1 24 | $139.0M | — |
自由现金流DEIRBC
| Q4 25 | $194.5M | $99.1M | ||
| Q3 25 | $61.9M | $71.7M | ||
| Q2 25 | $30.2M | $104.3M | ||
| Q1 25 | $90.3M | — | ||
| Q4 24 | $241.4M | $73.6M | ||
| Q3 24 | $63.2M | — | ||
| Q2 24 | $52.2M | $88.4M | ||
| Q1 24 | $90.9M | — |
自由现金流率DEIRBC
| Q4 25 | 78.0% | 21.5% | ||
| Q3 25 | 24.7% | 15.7% | ||
| Q2 25 | 11.9% | 23.9% | ||
| Q1 25 | 35.9% | — | ||
| Q4 24 | 98.5% | 18.7% | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 21.2% | 21.8% | ||
| Q1 24 | 37.1% | — |
资本支出强度DEIRBC
| Q4 25 | 77.1% | 5.0% | ||
| Q3 25 | 19.1% | 3.7% | ||
| Q2 25 | 20.3% | 3.6% | ||
| Q1 25 | 16.8% | 3.2% | ||
| Q4 24 | 68.3% | 2.6% | ||
| Q3 24 | 16.1% | 4.1% | ||
| Q2 24 | 16.1% | 2.2% | ||
| Q1 24 | 19.6% | — |
现金转化率DEIRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 22.46× | — | ||
| Q2 24 | 8.44× | 1.59× | ||
| Q1 24 | 15.60× | — |
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
DEI
| Rental Revenue And Tenant Recovery Revenue | $169.4M | 68% |
| Multifamily Segment | $49.9M | 20% |
| Parking Revenue And Other Income | $30.2M | 12% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
