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Dream Finders Homes, Inc.（DFH）与Post Holdings, Inc.（POST）财务数据对比。点击上方公司名可切换其他公司
Post Holdings, Inc.的季度营收约是Dream Finders Homes, Inc.的1.8倍（$2.2B vs $1.2B），Dream Finders Homes, Inc.净利率更高（4.8% vs 4.5%，领先0.4%），Post Holdings, Inc.同比增速更快（10.1% vs -22.3%），Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $119.3M），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs 4.3%）
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。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
DFH vs POST — 直观对比
营收规模更大
POST
是对方的1.8倍
$1.2B
营收增速更快
POST
高出32.4%
-22.3%
净利率更高
DFH
高出0.4%
4.5%
自由现金流更多
DFH
多$16.7M
$119.3M
两年增速更快
DFH
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.2B |
| 净利润 | $58.8M | $96.8M |
| 毛利率 | — | 29.4% |
| 营业利润率 | 6.4% | 11.0% |
| 净利率 | 4.8% | 4.5% |
| 营收同比 | -22.3% | 10.1% |
| 净利润同比 | -54.9% | -14.6% |
| 每股收益（稀释后） | $0.57 | $1.71 |
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DFHPOST
| Q4 25 | $1.2B | $2.2B | ||
| Q3 25 | $969.8M | $2.2B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $989.9M | $2.0B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.0B | $2.0B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $827.8M | $2.0B |
净利润DFHPOST
| Q4 25 | $58.8M | $96.8M | ||
| Q3 25 | $47.0M | $51.0M | ||
| Q2 25 | $56.6M | $108.8M | ||
| Q1 25 | $54.9M | $62.6M | ||
| Q4 24 | $130.5M | $113.3M | ||
| Q3 24 | $70.7M | $81.6M | ||
| Q2 24 | $80.9M | $99.8M | ||
| Q1 24 | $54.5M | $97.2M |
毛利率DFHPOST
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 28.0% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 28.6% | ||
| Q2 24 | 19.2% | 29.6% | ||
| Q1 24 | 18.0% | 29.0% |
营业利润率DFHPOST
| Q4 25 | 6.4% | 11.0% | ||
| Q3 25 | 6.3% | 7.5% | ||
| Q2 25 | 6.4% | 11.8% | ||
| Q1 25 | 7.2% | 9.3% | ||
| Q4 24 | 10.8% | 10.8% | ||
| Q3 24 | 9.2% | 9.5% | ||
| Q2 24 | 10.0% | 10.4% | ||
| Q1 24 | 8.6% | 9.5% |
净利率DFHPOST
| Q4 25 | 4.8% | 4.5% | ||
| Q3 25 | 4.8% | 2.3% | ||
| Q2 25 | 4.9% | 5.5% | ||
| Q1 25 | 5.5% | 3.2% | ||
| Q4 24 | 8.4% | 5.7% | ||
| Q3 24 | 7.0% | 4.1% | ||
| Q2 24 | 7.7% | 5.1% | ||
| Q1 24 | 6.6% | 4.9% |
每股收益（稀释后）DFHPOST
| Q4 25 | $0.57 | $1.71 | ||
| Q3 25 | $0.47 | $0.91 | ||
| Q2 25 | $0.56 | $1.79 | ||
| Q1 25 | $0.54 | $1.03 | ||
| Q4 24 | $1.28 | $1.78 | ||
| Q3 24 | $0.70 | $1.28 | ||
| Q2 24 | $0.81 | $1.53 | ||
| Q1 24 | $0.55 | $1.48 |
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 | $279.3M |
| 总债务越低越好 | $1.6B | $7.5B |
| 股东权益账面价值 | $1.4B | $3.5B |
| 总资产 | $3.7B | $13.0B |
| 负债/权益比越低杠杆越低 | 1.13× | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资DFHPOST
| Q4 25 | $234.8M | $279.3M | ||
| Q3 25 | $251.0M | $176.7M | ||
| Q2 25 | $210.3M | $1.1B | ||
| Q1 25 | $297.5M | $617.6M | ||
| Q4 24 | $274.4M | $872.9M | ||
| Q3 24 | $204.9M | $787.4M | ||
| Q2 24 | $274.8M | $333.8M | ||
| Q1 24 | $239.4M | $333.4M |
总债务DFHPOST
| Q4 25 | $1.6B | $7.5B | ||
| Q3 25 | $1.8B | $7.4B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | $1.3B | $6.9B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.4B |
股东权益DFHPOST
| Q4 25 | $1.4B | $3.5B | ||
| Q3 25 | $1.4B | $3.8B | ||
| Q2 25 | $1.3B | $4.0B | ||
| Q1 25 | $1.3B | $3.8B | ||
| Q4 24 | $1.2B | $3.9B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $1.0B | $3.9B | ||
| Q1 24 | $968.7M | $4.0B |
总资产DFHPOST
| Q4 25 | $3.7B | $13.0B | ||
| Q3 25 | $3.8B | $13.5B | ||
| Q2 25 | $3.7B | $13.4B | ||
| Q1 25 | $3.5B | $12.8B | ||
| Q4 24 | $3.3B | $12.8B | ||
| Q3 24 | $3.3B | $12.9B | ||
| Q2 24 | $3.0B | $12.1B | ||
| Q1 24 | $2.7B | $12.2B |
负债/权益比DFHPOST
| Q4 25 | 1.13× | 2.16× | ||
| Q3 25 | 1.29× | 1.98× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | 1.03× | 1.79× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 1.61× |
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 | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $119.3M |
| 自由现金流率自由现金流/营收 | 11.2% | 5.5% |
| 资本支出强度资本支出/营收 | 0.6% | 5.4% |
| 现金转化率经营现金流/净利润 | 2.44× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $436.0M |
8季度趋势，按日历期对齐
经营现金流DFHPOST
| Q4 25 | $143.6M | $235.7M | ||
| Q3 25 | $-131.0M | $301.3M | ||
| Q2 25 | $-68.5M | $225.9M | ||
| Q1 25 | $-44.7M | $160.7M | ||
| Q4 24 | $306.5M | $310.4M | ||
| Q3 24 | $-205.0M | $235.4M | ||
| Q2 24 | $-110.6M | $272.3M | ||
| Q1 24 | $-247.5M | $249.6M |
自由现金流DFHPOST
| Q4 25 | $136.0M | $119.3M | ||
| Q3 25 | $-135.7M | $151.6M | ||
| Q2 25 | $-78.8M | $94.9M | ||
| Q1 25 | $-47.9M | $70.2M | ||
| Q4 24 | $302.6M | $171.4M | ||
| Q3 24 | $-222.5M | $96.2M | ||
| Q2 24 | $-112.4M | $161.5M | ||
| Q1 24 | $-249.6M | $150.9M |
自由现金流率DFHPOST
| Q4 25 | 11.2% | 5.5% | ||
| Q3 25 | -14.0% | 6.7% | ||
| Q2 25 | -6.8% | 4.8% | ||
| Q1 25 | -4.8% | 3.6% | ||
| Q4 24 | 19.4% | 8.7% | ||
| Q3 24 | -22.1% | 4.8% | ||
| Q2 24 | -10.6% | 8.3% | ||
| Q1 24 | -30.2% | 7.5% |
资本支出强度DFHPOST
| Q4 25 | 0.6% | 5.4% | ||
| Q3 25 | 0.5% | 6.7% | ||
| Q2 25 | 0.9% | 6.6% | ||
| Q1 25 | 0.3% | 4.6% | ||
| Q4 24 | 0.3% | 7.0% | ||
| Q3 24 | 1.7% | 6.9% | ||
| Q2 24 | 0.2% | 5.7% | ||
| Q1 24 | 0.3% | 4.9% |
现金转化率DFHPOST
| Q4 25 | 2.44× | 2.43× | ||
| Q3 25 | -2.79× | 5.91× | ||
| Q2 25 | -1.21× | 2.08× | ||
| Q1 25 | -0.81× | 2.57× | ||
| Q4 24 | 2.35× | 2.74× | ||
| Q3 24 | -2.90× | 2.88× | ||
| Q2 24 | -1.37× | 2.73× | ||
| Q1 24 | -4.54× | 2.57× |
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% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
