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Dream Finders Homes, Inc.（DFH）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是Dream Finders Homes, Inc.的1.3倍（$1.6B vs $1.2B），Dream Finders Homes, Inc.净利率更高（4.8% vs -0.8%，领先5.7%），Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $57.3M）
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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
DFH vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.3倍
$1.2B
净利率更高
DFH
高出5.7%
-0.8%
自由现金流更多
DFH
多$78.7M
$57.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $58.8M | $-13.0M |
| 毛利率 | — | 27.7% |
| 营业利润率 | 6.4% | 1.2% |
| 净利率 | 4.8% | -0.8% |
| 营收同比 | -22.3% | — |
| 净利润同比 | -54.9% | — |
| 每股收益（稀释后） | $0.57 | $-0.03 |
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DFHPRMB
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $969.8M | $1.8B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $989.9M | $1.6B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.0B | $0 | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $827.8M | $1.1B |
净利润DFHPRMB
| Q4 25 | $58.8M | $-13.0M | ||
| Q3 25 | $47.0M | $16.8M | ||
| Q2 25 | $56.6M | $27.6M | ||
| Q1 25 | $54.9M | $28.7M | ||
| Q4 24 | $130.5M | — | ||
| Q3 24 | $70.7M | $-2.0K | ||
| Q2 24 | $80.9M | $54.5M | ||
| Q1 24 | $54.5M | $33.5M |
毛利率DFHPRMB
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 29.9% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 19.2% | 32.7% | ||
| Q1 24 | 18.0% | 30.4% |
营业利润率DFHPRMB
| Q4 25 | 6.4% | 1.2% | ||
| Q3 25 | 6.3% | 8.3% | ||
| Q2 25 | 6.4% | 6.5% | ||
| Q1 25 | 7.2% | 9.5% | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 10.0% | 12.1% | ||
| Q1 24 | 8.6% | 11.0% |
净利率DFHPRMB
| Q4 25 | 4.8% | -0.8% | ||
| Q3 25 | 4.8% | 1.0% | ||
| Q2 25 | 4.9% | 1.6% | ||
| Q1 25 | 5.5% | 1.8% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 7.7% | 4.1% | ||
| Q1 24 | 6.6% | 2.9% |
每股收益（稀释后）DFHPRMB
| Q4 25 | $0.57 | $-0.03 | ||
| Q3 25 | $0.47 | $0.04 | ||
| Q2 25 | $0.56 | $0.07 | ||
| Q1 25 | $0.54 | $0.08 | ||
| Q4 24 | $1.28 | — | ||
| Q3 24 | $0.70 | $-20.00 | ||
| Q2 24 | $0.81 | $0.25 | ||
| Q1 24 | $0.55 | $0.15 |
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 | $376.7M |
| 总债务越低越好 | $1.6B | $5.2B |
| 股东权益账面价值 | $1.4B | $3.0B |
| 总资产 | $3.7B | $10.6B |
| 负债/权益比越低杠杆越低 | 1.13× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资DFHPRMB
| Q4 25 | $234.8M | $376.7M | ||
| Q3 25 | $251.0M | — | ||
| Q2 25 | $210.3M | — | ||
| Q1 25 | $297.5M | — | ||
| Q4 24 | $274.4M | — | ||
| Q3 24 | $204.9M | — | ||
| Q2 24 | $274.8M | — | ||
| Q1 24 | $239.4M | — |
总债务DFHPRMB
| Q4 25 | $1.6B | $5.2B | ||
| Q3 25 | $1.8B | $5.1B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DFHPRMB
| Q4 25 | $1.4B | $3.0B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $1.3B | $3.2B | ||
| Q1 25 | $1.3B | $3.3B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | $-2.0K | ||
| Q2 24 | $1.0B | $-296.8M | ||
| Q1 24 | $968.7M | $-349.8M |
总资产DFHPRMB
| Q4 25 | $3.7B | $10.6B | ||
| Q3 25 | $3.8B | $11.0B | ||
| Q2 25 | $3.7B | $11.0B | ||
| Q1 25 | $3.5B | $11.0B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.3B | $0 | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.7B | — |
负债/权益比DFHPRMB
| Q4 25 | 1.13× | 1.72× | ||
| Q3 25 | 1.29× | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| 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 | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $57.3M |
| 自由现金流率自由现金流/营收 | 11.2% | 3.7% |
| 资本支出强度资本支出/营收 | 0.6% | 9.4% |
| 现金转化率经营现金流/净利润 | 2.44× | — |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $302.9M |
8季度趋势，按日历期对齐
经营现金流DFHPRMB
| Q4 25 | $143.6M | $203.1M | ||
| Q3 25 | $-131.0M | $283.4M | ||
| Q2 25 | $-68.5M | $155.0M | ||
| Q1 25 | $-44.7M | $38.8M | ||
| Q4 24 | $306.5M | — | ||
| Q3 24 | $-205.0M | $0 | ||
| Q2 24 | $-110.6M | $102.5M | ||
| Q1 24 | $-247.5M | $6.0M |
自由现金流DFHPRMB
| Q4 25 | $136.0M | $57.3M | ||
| Q3 25 | $-135.7M | $167.7M | ||
| Q2 25 | $-78.8M | $101.1M | ||
| Q1 25 | $-47.9M | $-23.2M | ||
| Q4 24 | $302.6M | — | ||
| Q3 24 | $-222.5M | — | ||
| Q2 24 | $-112.4M | $61.4M | ||
| Q1 24 | $-249.6M | $-17.5M |
自由现金流率DFHPRMB
| Q4 25 | 11.2% | 3.7% | ||
| Q3 25 | -14.0% | 9.5% | ||
| Q2 25 | -6.8% | 5.8% | ||
| Q1 25 | -4.8% | -1.4% | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | -22.1% | — | ||
| Q2 24 | -10.6% | 4.7% | ||
| Q1 24 | -30.2% | -1.5% |
资本支出强度DFHPRMB
| Q4 25 | 0.6% | 9.4% | ||
| Q3 25 | 0.5% | 6.6% | ||
| Q2 25 | 0.9% | 3.1% | ||
| Q1 25 | 0.3% | 3.8% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 0.2% | 3.1% | ||
| Q1 24 | 0.3% | 2.1% |
现金转化率DFHPRMB
| Q4 25 | 2.44× | — | ||
| Q3 25 | -2.79× | 16.87× | ||
| Q2 25 | -1.21× | 5.62× | ||
| Q1 25 | -0.81× | 1.35× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | -2.90× | — | ||
| Q2 24 | -1.37× | 1.88× | ||
| Q1 24 | -4.54× | 0.18× |
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% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
