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Dream Finders Homes, Inc.（DFH）与Fabrinet（FN）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Fabrinet的1.1倍（$1.2B vs $1.1B），Fabrinet净利率更高（9.9% vs 4.8%，领先5.1%），Fabrinet同比增速更快（35.9% vs -22.3%），Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% 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。
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
DFH vs FN — 直观对比
营收规模更大
DFH
是对方的1.1倍
$1.1B
营收增速更快
FN
高出58.2%
-22.3%
净利率更高
FN
高出5.1%
4.8%
自由现金流更多
DFH
多$141.4M
$-5.3M
两年增速更快
FN
近两年复合增速
21.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | $58.8M | $112.6M |
| 毛利率 | — | 12.2% |
| 营业利润率 | 6.4% | 10.1% |
| 净利率 | 4.8% | 9.9% |
| 营收同比 | -22.3% | 35.9% |
| 净利润同比 | -54.9% | 30.0% |
| 每股收益（稀释后） | $0.57 | $3.11 |
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DFHFN
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $969.8M | $978.1M | ||
| Q2 25 | $1.2B | $909.7M | ||
| Q1 25 | $989.9M | $871.8M | ||
| Q4 24 | $1.6B | $833.6M | ||
| Q3 24 | $1.0B | $804.2M | ||
| Q2 24 | $1.1B | $753.3M | ||
| Q1 24 | $827.8M | $731.5M |
净利润DFHFN
| Q4 25 | $58.8M | $112.6M | ||
| Q3 25 | $47.0M | $95.9M | ||
| Q2 25 | $56.6M | $87.2M | ||
| Q1 25 | $54.9M | $81.3M | ||
| Q4 24 | $130.5M | $86.6M | ||
| Q3 24 | $70.7M | $77.4M | ||
| Q2 24 | $80.9M | $81.1M | ||
| Q1 24 | $54.5M | $80.9M |
毛利率DFHFN
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | 19.2% | 12.3% | ||
| Q1 24 | 18.0% | 12.4% |
营业利润率DFHFN
| Q4 25 | 6.4% | 10.1% | ||
| Q3 25 | 6.3% | 9.6% | ||
| Q2 25 | 6.4% | 9.8% | ||
| Q1 25 | 7.2% | 9.0% | ||
| Q4 24 | 10.8% | 9.5% | ||
| Q3 24 | 9.2% | 9.6% | ||
| Q2 24 | 10.0% | 9.7% | ||
| Q1 24 | 8.6% | 9.7% |
净利率DFHFN
| Q4 25 | 4.8% | 9.9% | ||
| Q3 25 | 4.8% | 9.8% | ||
| Q2 25 | 4.9% | 9.6% | ||
| Q1 25 | 5.5% | 9.3% | ||
| Q4 24 | 8.4% | 10.4% | ||
| Q3 24 | 7.0% | 9.6% | ||
| Q2 24 | 7.7% | 10.8% | ||
| Q1 24 | 6.6% | 11.1% |
每股收益（稀释后）DFHFN
| Q4 25 | $0.57 | $3.11 | ||
| Q3 25 | $0.47 | $2.66 | ||
| Q2 25 | $0.56 | $2.41 | ||
| Q1 25 | $0.54 | $2.25 | ||
| Q4 24 | $1.28 | $2.38 | ||
| Q3 24 | $0.70 | $2.13 | ||
| Q2 24 | $0.81 | $2.22 | ||
| Q1 24 | $0.55 | $2.21 |
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 | $960.8M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $1.4B | $2.2B |
| 总资产 | $3.7B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.13× | — |
8季度趋势，按日历期对齐
现金及短期投资DFHFN
| Q4 25 | $234.8M | $960.8M | ||
| Q3 25 | $251.0M | $968.8M | ||
| Q2 25 | $210.3M | $934.2M | ||
| Q1 25 | $297.5M | $950.7M | ||
| Q4 24 | $274.4M | $934.6M | ||
| Q3 24 | $204.9M | $908.9M | ||
| Q2 24 | $274.8M | $858.6M | ||
| Q1 24 | $239.4M | $794.0M |
总债务DFHFN
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DFHFN
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.0B | $1.7B | ||
| Q1 24 | $968.7M | $1.7B |
总资产DFHFN
| Q4 25 | $3.7B | $3.3B | ||
| Q3 25 | $3.8B | $3.0B | ||
| Q2 25 | $3.7B | $2.8B | ||
| Q1 25 | $3.5B | $2.6B | ||
| Q4 24 | $3.3B | $2.5B | ||
| Q3 24 | $3.3B | $2.4B | ||
| Q2 24 | $3.0B | $2.3B | ||
| Q1 24 | $2.7B | $2.2B |
负债/权益比DFHFN
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.03× | — | ||
| 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 | $46.3M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $-5.3M |
| 自由现金流率自由现金流/营收 | 11.2% | -0.5% |
| 资本支出强度资本支出/营收 | 0.6% | 4.6% |
| 现金转化率经营现金流/净利润 | 2.44× | 0.41× |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $102.3M |
8季度趋势，按日历期对齐
经营现金流DFHFN
| Q4 25 | $143.6M | $46.3M | ||
| Q3 25 | $-131.0M | $102.6M | ||
| Q2 25 | $-68.5M | $55.1M | ||
| Q1 25 | $-44.7M | $74.2M | ||
| Q4 24 | $306.5M | $115.9M | ||
| Q3 24 | $-205.0M | $83.2M | ||
| Q2 24 | $-110.6M | $83.1M | ||
| Q1 24 | $-247.5M | $100.9M |
自由现金流DFHFN
| Q4 25 | $136.0M | $-5.3M | ||
| Q3 25 | $-135.7M | $57.3M | ||
| Q2 25 | $-78.8M | $4.7M | ||
| Q1 25 | $-47.9M | $45.7M | ||
| Q4 24 | $302.6M | $94.0M | ||
| Q3 24 | $-222.5M | $62.9M | ||
| Q2 24 | $-112.4M | $70.4M | ||
| Q1 24 | $-249.6M | $87.3M |
自由现金流率DFHFN
| Q4 25 | 11.2% | -0.5% | ||
| Q3 25 | -14.0% | 5.9% | ||
| Q2 25 | -6.8% | 0.5% | ||
| Q1 25 | -4.8% | 5.2% | ||
| Q4 24 | 19.4% | 11.3% | ||
| Q3 24 | -22.1% | 7.8% | ||
| Q2 24 | -10.6% | 9.3% | ||
| Q1 24 | -30.2% | 11.9% |
资本支出强度DFHFN
| Q4 25 | 0.6% | 4.6% | ||
| Q3 25 | 0.5% | 4.6% | ||
| Q2 25 | 0.9% | 5.5% | ||
| Q1 25 | 0.3% | 3.3% | ||
| Q4 24 | 0.3% | 2.6% | ||
| Q3 24 | 1.7% | 2.5% | ||
| Q2 24 | 0.2% | 1.7% | ||
| Q1 24 | 0.3% | 1.9% |
现金转化率DFHFN
| Q4 25 | 2.44× | 0.41× | ||
| Q3 25 | -2.79× | 1.07× | ||
| Q2 25 | -1.21× | 0.63× | ||
| Q1 25 | -0.81× | 0.91× | ||
| Q4 24 | 2.35× | 1.34× | ||
| Q3 24 | -2.90× | 1.07× | ||
| Q2 24 | -1.37× | 1.02× | ||
| Q1 24 | -4.54× | 1.25× |
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
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
