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Dream Finders Homes, Inc.（DFH）与Everus Construction Group, Inc.（ECG）财务数据对比。点击上方公司名可切换其他公司
Dream Finders Homes, Inc.的季度营收约是Everus Construction Group, Inc.的1.2倍（$1.2B vs $1.0B）。Everus Construction Group, Inc.净利率更高（5.5% vs 4.8%，领先0.6%）。Everus Construction Group, Inc.同比增速更快（33.2% vs -22.3%）。Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $23.5M）。过去两年Everus Construction Group, Inc.的营收复合增速更高（27.1% vs 21.0%）
美国住宅建筑商Dream Finders Homes主要建造并销售独栋住宅、联排别墅等覆盖入门级到高端档次的居住物业，业务布局美国多个高速增长区域，同时为购房者提供按揭融资、产权保险、房屋保修等配套服务，覆盖各类客户群体。
DFH vs ECG — 直观对比
营收规模更大
DFH
是对方的1.2倍
$1.0B
营收增速更快
ECG
高出55.4%
-22.3%
净利率更高
ECG
高出0.6%
4.8%
自由现金流更多
DFH
多$112.5M
$23.5M
两年增速更快
ECG
近两年复合增速
21.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $58.8M | $55.3M |
| 毛利率 | — | 11.6% |
| 营业利润率 | 6.4% | 6.8% |
| 净利率 | 4.8% | 5.5% |
| 营收同比 | -22.3% | 33.2% |
| 净利润同比 | -54.9% | 60.4% |
| 每股收益（稀释后） | $0.57 | $1.09 |
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DFHECG
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $969.8M | $986.8M | ||
| Q2 25 | $1.2B | $921.5M | ||
| Q1 25 | $989.9M | $826.6M | ||
| Q4 24 | $1.6B | $759.6M | ||
| Q3 24 | $1.0B | $761.0M | ||
| Q2 24 | $1.1B | $703.4M | ||
| Q1 24 | $827.8M | $625.7M |
净利润DFHECG
| Q4 25 | $58.8M | $55.3M | ||
| Q3 25 | $47.0M | $57.0M | ||
| Q2 25 | $56.6M | $52.8M | ||
| Q1 25 | $54.9M | $36.7M | ||
| Q4 24 | $130.5M | $34.5M | ||
| Q3 24 | $70.7M | $41.8M | ||
| Q2 24 | $80.9M | $39.0M | ||
| Q1 24 | $54.5M | $28.2M |
毛利率DFHECG
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 12.6% | ||
| Q2 25 | — | 13.0% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | 19.2% | 12.6% | ||
| Q1 24 | 18.0% | 11.9% |
营业利润率DFHECG
| Q4 25 | 6.4% | 6.8% | ||
| Q3 25 | 6.3% | 7.3% | ||
| Q2 25 | 6.4% | 7.9% | ||
| Q1 25 | 7.2% | 6.2% | ||
| Q4 24 | 10.8% | 6.1% | ||
| Q3 24 | 9.2% | 7.1% | ||
| Q2 24 | 10.0% | 7.3% | ||
| Q1 24 | 8.6% | 6.2% |
净利率DFHECG
| Q4 25 | 4.8% | 5.5% | ||
| Q3 25 | 4.8% | 5.8% | ||
| Q2 25 | 4.9% | 5.7% | ||
| Q1 25 | 5.5% | 4.4% | ||
| Q4 24 | 8.4% | 4.5% | ||
| Q3 24 | 7.0% | 5.5% | ||
| Q2 24 | 7.7% | 5.5% | ||
| Q1 24 | 6.6% | 4.5% |
每股收益（稀释后）DFHECG
| Q4 25 | $0.57 | $1.09 | ||
| Q3 25 | $0.47 | $1.11 | ||
| Q2 25 | $0.56 | $1.03 | ||
| Q1 25 | $0.54 | $0.72 | ||
| Q4 24 | $1.28 | $0.68 | ||
| Q3 24 | $0.70 | $0.82 | ||
| Q2 24 | $0.81 | $0.76 | ||
| Q1 24 | $0.55 | $0.55 |
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 | $234.8M | — |
| 总债务越低越好 | $1.6B | $281.5M |
| 股东权益账面价值 | $1.4B | $629.8M |
| 总资产 | $3.7B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资DFHECG
| Q4 25 | $234.8M | — | ||
| Q3 25 | $251.0M | — | ||
| Q2 25 | $210.3M | — | ||
| Q1 25 | $297.5M | — | ||
| Q4 24 | $274.4M | — | ||
| Q3 24 | $204.9M | $553.0K | ||
| Q2 24 | $274.8M | — | ||
| Q1 24 | $239.4M | — |
总债务DFHECG
| Q4 25 | $1.6B | $281.5M | ||
| Q3 25 | $1.8B | $285.1M | ||
| Q2 25 | — | $288.6M | ||
| Q1 25 | — | $292.1M | ||
| Q4 24 | $1.3B | $295.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DFHECG
| Q4 25 | $1.4B | $629.8M | ||
| Q3 25 | $1.4B | $573.0M | ||
| Q2 25 | $1.3B | $514.4M | ||
| Q1 25 | $1.3B | $460.2M | ||
| Q4 24 | $1.2B | $422.6M | ||
| Q3 24 | $1.1B | $453.3M | ||
| Q2 24 | $1.0B | $490.0M | ||
| Q1 24 | $968.7M | $464.3M |
总资产DFHECG
| Q4 25 | $3.7B | $1.7B | ||
| Q3 25 | $3.8B | $1.6B | ||
| Q2 25 | $3.7B | $1.5B | ||
| Q1 25 | $3.5B | $1.4B | ||
| Q4 24 | $3.3B | $1.3B | ||
| Q3 24 | $3.3B | $1.3B | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.7B | — |
负债/权益比DFHECG
| Q4 25 | 1.13× | 0.45× | ||
| Q3 25 | 1.29× | 0.50× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | 1.03× | 0.70× | ||
| 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 | $143.6M | $48.2M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $23.5M |
| 自由现金流率自由现金流/营收 | 11.2% | 2.3% |
| 资本支出强度资本支出/营收 | 0.6% | 2.4% |
| 现金转化率经营现金流/净利润 | 2.44× | 0.87× |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $90.0M |
8季度趋势，按日历期对齐
经营现金流DFHECG
| Q4 25 | $143.6M | $48.2M | ||
| Q3 25 | $-131.0M | $76.2M | ||
| Q2 25 | $-68.5M | $25.3M | ||
| Q1 25 | $-44.7M | $7.1M | ||
| Q4 24 | $306.5M | — | ||
| Q3 24 | $-205.0M | $78.9M | ||
| Q2 24 | $-110.6M | — | ||
| Q1 24 | $-247.5M | $21.9M |
自由现金流DFHECG
| Q4 25 | $136.0M | $23.5M | ||
| Q3 25 | $-135.7M | $65.7M | ||
| Q2 25 | $-78.8M | $12.3M | ||
| Q1 25 | $-47.9M | $-11.4M | ||
| Q4 24 | $302.6M | — | ||
| Q3 24 | $-222.5M | $60.9M | ||
| Q2 24 | $-112.4M | — | ||
| Q1 24 | $-249.6M | $12.6M |
自由现金流率DFHECG
| Q4 25 | 11.2% | 2.3% | ||
| Q3 25 | -14.0% | 6.7% | ||
| Q2 25 | -6.8% | 1.3% | ||
| Q1 25 | -4.8% | -1.4% | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | -22.1% | 8.0% | ||
| Q2 24 | -10.6% | — | ||
| Q1 24 | -30.2% | 2.0% |
资本支出强度DFHECG
| Q4 25 | 0.6% | 2.4% | ||
| Q3 25 | 0.5% | 1.1% | ||
| Q2 25 | 0.9% | 1.4% | ||
| Q1 25 | 0.3% | 2.2% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 1.7% | 2.4% | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | 1.5% |
现金转化率DFHECG
| Q4 25 | 2.44× | 0.87× | ||
| Q3 25 | -2.79× | 1.34× | ||
| Q2 25 | -1.21× | 0.48× | ||
| Q1 25 | -0.81× | 0.19× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | -2.90× | 1.89× | ||
| Q2 24 | -1.37× | — | ||
| Q1 24 | -4.54× | 0.77× |
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
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
